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



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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