JAMES THOMAS, ESQUIRE, GOVERNOR.

1833.

Sec. 9. And be it enacted, That the directors, be, and they are hereby authorised and empowered, to regulate their calculations of interest by Rowlett's tables, and to exact the payment of the same at the time of discounting, and renewing their notes.	CHAP. 219. Interest
Sec. 10. And be if enacted, That the concerns of the in- stitution, hereby intended to be incorporated, shall be at all times subject to the inspection of the treasurer of the Wes- tern shore, or by such other officer or agent of the state, as may be selected for that purpose by either branch of the legislature.	Subject to inspec- tion
Sec, 11. And be it enacted, That this act shall continue and be in force, until the year one thousand eight hundred and forty-five, and until the end of the session of the gene- ral assembly which shall happen thereafter.	Limitation

CHAPTER 219.
An act incorporating the Frederick Manufacturing Com- pany.	Passed Mar.13, 1834
SECTION 1. Be it enacted by the General Assembly of Ma- ryland, That Lewis Birely, Stewart Gaither, Edward Fraill, James M. Shelman and Valentine Birely, be, and they are hereby appointed commissioners, with full pow- er and authority to open or cause to be opened, books for	To open books
receiving and entering subscriptions for raising a capital stock not exceeding fifty thousand dollars, in shares of twenty dollars each, for the purpose of manufacturing car- peting and woolen, linen and cotton cloths.	Capital— shares
Sec. 2. And be it enacted, That the commissioners aforesaid , or any three or more of them, shall open said books at some convenient place, by them to be appointed in the city of Frederick, in Frederick county, the times and man- ner of entering and securing such subscriptions, to be fixed upon by said commissioneis or any three or more of them.	When, where, &c.
Sec. 3. And be it enacted, That whenever four hundred shares shall be subscribed for, all persons who may then be, or may thereafter become the actual proprietors of shares in the said capital stock, either as subscribers for the same, or as the legal representatives, successors or as- signees of such subscribers, shall be, and they are here- by made and elected a body politic and corporate, by the 34	Incorporation