1835.

LAWS OF MARYLAND.

CHAP. 365.

the said specific trust fund, to he applied by the said

Treasurer in augmentation of the free school fund, and

distributed in the same manner as the similar tax on

incorporated banks in the city of Baltimore is now

Case of failure

distributed, and in case of the failure of the said com-

pany, or of the president and trustees thereof to make

such payment for the space of six months, after the

same shall have become due and payable, the same

shall be levied and collected as other taxes on person-

al assets are levied and collected in this State.

Parts of original act repealed

SEC. 11. And be it enacted, That so much of the

act incorporating the said Union Company as authori-

ses said company to insure against losses by fire or

water, and so much of the act as subjects the said com-

pany to the conditions, limitations, and restrictictions

imposed upon the American Life Insurance and Trust

Company, and the act supplementary to the said act,

are hereby repealed.

This act made con-

SEC. 12. And be it enacted, That this act shall have

ditional

no force or effect, unless it be accepted by the stock-

holders representing a majority of the stock of said

company, and this act when so accepted, and the ac-

ceptance certified to the Governor and Council, under

the seal of said corporation and signed by its president,

shall be taken and held as part of the charter original-

ly granted to said company, and, be as binding and of

the same force and effect as the said original charter.

CHAPTER 365.

Passed June 3, 1836

An act to Incorporate the Clifton Coal Company.

Persons incorpora-

SECTION 1. Be it enacted ly the General Assembly of

ted

Maryland, That Moses Rawlings, Daniel Cobb, Solo-

mon Etting, Thomas Baltzell, Abraham G. Cole and

all and every person or persons who may become their

associates, in the manner hereinafter prescribed, shall

he, and they are hereby incorporated by the name of

Style

the Clifton Coal Company, and as such shall have per-

Powers conferred

petual succession, and may have and use a common

seal, and be able and capable to sue and be sued, plead

or be impleaded in any court of law or equity, and may