THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1835.

first day of April next, procure the book or books ne-

CHAP. 65.

cessary, and enter therein as follows: — We whose names

Entries therein

are hereunto subscribed, do promise to pay to the Pre-

sident and Directors of. the Merchants Fire Insurance

Company of Baltimore, the sum of fifty dollars for

every share of stock in the said company, set opposite

to our respective names, agreeably to an act of the

General Assembly of the State of Maryland, entitled,

an act to incorporate the Merchants Fire. Insurance

Company of Baltimore, witness our hands this

day of eighteen hundred and thirty

and shall give notice in two of the public news-

papers of the city of Baltimore for two weeks at least,

of the times when, and places where the said books shall

be opened to receive subscriptions of stock for said com-

pany, at which times and places, at least three of the

said commissioners shall attend; and shall permit and

suffer all persons who shall offer to subscribe in person

or by attorney duly authorised, in the said books, which

shall be kept open at least four hours every day, Sun-

Kept open

days excepted, for the space of three days, if three

days be necessary; and if at the expiration of the first

three days the whole of the shares of said stock be not

taken, the said commissioners may adjourn from time

to time as they may determine, until the whole number

shall be subscribed, and if more than six thousand

shares shall be subscribed to the capital stock of said

company, while the said hooks are open, the said com-

missioners or a majority of them shall reduce the sub-

scription to six thousand shares, by striking off from

the largest number of shares in succession, until the

subscriptions are reduced to six thousand shares, or all

the subscriptions to one share, and if there still be an

excess, then lots shall be drawn by the commissioners

to determine who are to be excluded of the persons so

subscribing, and in case any subscriber shall have paid

Case of excesfr

a greater sum of money at the time of subscribing, than

at the rate of five dollars per share, on the shares so

appropriated, the commissioners shall only retain the

sum required as the first payment on these shares, and

forthwith return the surplus on application for the same

to the person lawfully entitled thereto.