JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 229
or assessments, the sum of three dollars per share,
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and to provide for the times and manner in which
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the same and any heretofore made shall be payable,
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notwithstanding that times and manner or either may
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have been heretofore provided in reference to the pay-
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ment of said assessments, or any of them, and any
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calls or assessments heretofore made is hereby vali-
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dated.
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SEC. 2. And be it further enacted, That any calls or
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License on shares
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assessment made or to be made, shall be and con-
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tinue liens upon the shares respectively on which
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they shall be payable until fully paid, and if any
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stockholder or stockholders shall fail to pay any call
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or assessment, instalment or part thereof, within the
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period of sixty days after the time when the same
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shall be payable, and if demand shall have been
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made on such stockholder or stockholders, or notice
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in writing or printed of the time of payment, to be
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fixed as aforesaid, shall have been addressed to such
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stockholder or stockholders at his, her, its or their
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usual abode or place of business, at least one week
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prior to the time when such assessment, instalment
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or part thereof shall be payable, then the shares of
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the capital stock upon which payment shall not have
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been made shall be forfeited to the association, and
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Forfeited.
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may be sold by or under the directions of the said
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President and Directors, at public auction or at the
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board of brokers, provided such stockholder or stock-
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holders shall have been first personally or by notice
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addressed to him, her, it or them as aforesaid, at the
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usual place of business, or abode of such stockholder
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or stockholders, of the time and place where the
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stock shall be sold; and upon such sale the proceeds
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shall be applied first to pay all expenses of sale, and
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any calls or assessments upon such shares, and the
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remainder shall be paid to the stockholder or stock-
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holders.
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SEC. 3. And be it enacted, That at any sale of such
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stock as aforesaid, the Santa Clara Mining Associa-
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Sale
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tion of Baltimore, shall be at liberty to purchase the
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same.
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SEC. 4. And be it enacted, That this act shall take
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effect as soon as it shall have been accepted by the
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In force.
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holders of a majority of the capital stock in said as-
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