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Session Laws, 1835
Volume 214, Page 601   View pdf image (33K)
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1855.

LAWS OF MARYLAND.

CHAP. 341

purpose of receiving Subscriptions to the capital stock ,

 

of the said bank, after giving at least four weeks' no-

Notice

tice in all the newspapers published in the said county

 

and city, of such times, places and purpose; that upon

 

the first opening of the said books, they shall be kept

 

open for twelve days, exclusive of Sunday, from ten

 

o'clock, A. M., to two, P. M. and if at the expiration

 

of that period, subscriptions to, the capital stock shall

 

not have been obtained to the amount necessary, as

 

hereinafter prescribed, to the incorporation of said

 

bank, the said commissioners, or a majority of them,

Re-open

may cause the said books to be opened from time to

 

time, after the expiration of said twelve days, upon

 

again giving the notice herein before required, for the

 

space of two years thereafter, unless the said amount

If not subscribed,

be sooner subscribed, and if the subscription made ne-

null

cessary to the incorporation of said bank, shall not he

 

obtained before the expiration of said two years, this

 

act and all subscriptions under it, shall be null and

Vacancy

void; and if any of the said commissioners shall die,

 

resign or refuse to act, the duties devolved on them

 

being unfinished, another shall be appointed in his

 

stead, by the acting commissioners or a majority of

 

them.

First payment

SEC. 3. And be it enacted, That the stock of the said

 

bank shall be taken in the following manners— upon

 

every subscription there shall be paid to the said com-

 

missioners, at the time of subscribing, the sum of two

 

dollars and fifty cents per share, and the person offer-

Plat &c statement

ing the subscription, shall also prepare and deposit;

 

with the commissioners, a plat accompanied by a des-

 

cription of the real property, situate within the limits

 

of the said city and county, which he designs to offer as

 

part of his subscription to the capital stock of said

 

bank, stating as accurately and minutely as practica-

 

ble, the size and extent of the lots, squares or parcels

 

of ground where it shall be city property, and the

 

metes and bounds, where it shall be county property;

 

the nature and extent of the improvements, and their

 

condition, whether it is fee-simple, or if upon ground rent, to state the amount thereof, and where the pro-

 

perty is leased, to state the amount of the annual rent,



 
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Session Laws, 1835
Volume 214, Page 601   View pdf image (33K)
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