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Session Laws, 1831
Volume 213, Page 286   View pdf image (33K)
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1831.

LAWS OF MARYLAND,

CHAP. 224.

into effect the provisions of the act of seventeen hundred

 

and eighty-nine, chapter fifteen, and the supplement of eigh-

 

teen hundred and one, chapter twenty-nine; to extend the

 

said drain or branch, from a place called Stratton, in the

 

possession of Solomon Scott, in Queen Anne's county, down

 

to, and through a tract of land to a place called the Sleeper.

 

CHAPTER 224.

Passed Mar, 7,1832

A supplement to the act, entitled An act for the promotion of

 

Internal Improvement.

Certificates of

Section 1 . Be it enacted by the General Assembly of Mary-

stock to be issued.

ryland, That the treasurer of the western shore, be, and

 

he is hereby authorised and directed, whenever application

 

shall be made to him for that purpose, by the president and

 

directors of the Baltimore and Susquehanna Rail Road

 

Company, or as soon as conveniently may be thereafter, to

 

issue, and deliver to the said company, certificates of the

 

stock of the state, bearing interest from the first day of

 

March, eighteen hundred and thirty-three, payable quarter-

 

ly, for an amount equal to the whole of the residue, which

 

shall then be unpaid of the stock subscribed for, on behalf

 

of the state of Maryland, in the said company, and which

 

said certificate shall be redeemable, and the premium there-

 

on subject to the same disposition, as is provided by the act,

 

to which this is a supplement.

Security accepted,

Sec. 2. And be it enacted. That the security heretofore

 

given by the said company, to the mayor and city council

 

of Baltimore, for the joint and equal benefit of the said

 

mayor and city council and the state of Maryland, be, and

 

the same is hereby accepted in the manner, and upon the

 

terms provided by an ordinance of the said city, passed on

 

the twenty-fifth day of April, eighteen hundred and thirty-

 

one, entitled, An ordinance relating to the Baltimore and

 

Susquehanna Rail Road stock, as a security for the pay-

 

ment of the interest quarterly, on so much of the stock to

Quarterly interest
howpay a bit.

' be issued by virtue of this act, as shall be equal to the dif-

 

ference, actually existing at the time of such quarterly pay-

 

ments, between the amount of the instalments paid by the

 

state of Maryland, and the amount of the instalments paid

 

by the individual stockholders, and the said quarterly inter-

 

est shall be regularly paid by the said company into the

 

treasury of the western shore, at least ten days before it

 

shall be payable by the state.



 
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Session Laws, 1831
Volume 213, Page 286   View pdf image (33K)
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