| 1785.
CHAP.
XXXVII.
And regulations,
&c. |
LAWS of MARYLAND.
III. And be it
enacted, That the commissioners of the said town, and
their successors, upon obtaining a conveyance of the said parcel of land,
duly
executed and recorded according to the laws of this state, shall have full
power and authority to make such regulations respecting the said parcel
of ground, for the purposes aforesaid, as they, or a major part of them,
shall from time to time think expedient and necessary. |
Passed Mar. 2. |
CHAP. XXXVIII.
An ACT ascertaining what shall be recovered on protested
bills of exchange, and to repeal an act of assembly
therein
mentioned. |
What shall be
recovered on
protested bills,
&c. |
BE it enacted,
by the General Assembly of Maryland, That upon all
bills of exchange hereafter drawn in this state, on an person,
corporation, company or society, in any foreign country, and regularly
protested, the owner or holder of such bill, or the person or persons,
company, society or corporation, entitled to the same, shall have a
right to receive and recover so much current money as will purchase a
good bill of exchange of the same time of payment, and upon the same
place, at the current exchange of such bills, and also fifteen per cent.
damages upon the value of the principal sum mentioned in such bill, and
costs of protest, together with legal interest upon the value of the principal
sum mentioned in such bill, from the time of protest until the
principal and damages are paid and satisfied; and if any endorser of such
bill shall pay to the holder, or the person or persons, company, society
or corporation, entitled to the same, the value of the principal and the
damages and interest as aforesaid, such endorser shall have a right to
receive
and recover the sum paid, with legal interest upon the same, from
the drawer, or any other person or persons, company, society or corporation,
liable to such endorser upon such bill of exchange. |
Inland bills liable
to protest,
&c. |
II. And be it
enacted, That all inland bills of exchange, or orders
drawn by a citizen, company, society or corporation, of any other of
the United States, or any person or persons therein residing or being,
on any person, company, society or corporation, of this state, or any
person or persons therein residing or being, shall be liable to official
protest
by a notary public, or the clerk of any county court, who are hereby
respectively vested with authority to make such protests under their respective
seals of office, and shall receive for such protests, from the party
requiring the same, the sum of five shillings current money. |
What shall be
received on
bills drawn on
persons in any
other state,
&c. |
III. And be
it enacted, That upon all bills of exchange or orders,
hereafter drawn in this state, upon an person or persons, company, society
or corporation, in any other of the United States, and protested according
to the laws or customs of the state where such bill shall be made
payable, the owner or holder of such bill, or person or persons, company,
society or corporation, entitled to the same, shall have a right to receive
and recover so much current money as will purchase a good bill of exchange,
at the current exchange of such bills, and also eight per cent.
damages upon the value of the principal sum mentioned in such bill, and
costs of protest, together with legal interest upon the value of the principal
sum mentioned in such bill, from the time of the protest until the principal
and damages are paid and satisfied; and if any endorser of any such
bill shall pay to the holder, or person, company, society or corporation,
entitled to the same, the value of the principal, and the damages and
interest as aforesaid, such endorser shall have a right to receive and
recover
the sum paid, with legal interest upon the same, from the drawer,
or any other person or persons, company, society or corporation, liable
to such endorser, upon such bill of exchange. |
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