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Supplement to the Maryland Code, 1862
Volume 381, Volume 2, Page 46   View pdf image (33K)
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46 PRIVATE ACTS — CHARTERS.

HAGERSTOWN AND SHARPSBURG TURNPIKE COMPANY.

AN ACT to amend the charter of the Hagerstown and Sharpsburg Turnpike Com-
pany, passed at the January session, eighteen hundred and fifty-three, chapter one
hundred and twenty-nine.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That the charter of the Hagerstown and Sharpsbnrg Turnpike Com-
pany, be and the same is hereby amended by the following addition as
section ten of the original act:

10. And be it enacted, That the President and Directors of the Ha-
gerstown and Sharpsburg Turnpike Company are hereby authorized
and empowered to erect an additional toll-gate upon said turnpike, and
may collect and receive the same rate of tolls as are provided for in the
seventh section of said act of incorporation.

SEC. 2. And be it enacted, That this act shall take effect from the
date of its passage.

HAGERSTOWN FEMALE SEMINARY.

AN ACT to authorize the Hagerstown Female Seminary to raise money to pay off its
debts, and in further amendment of its charter, passed January session, eighteen
hundred and fifty-two, chapter one hundred and seventy-five.

WHEREAS, the Hagerstown Female Seminary, incorporated by an act of
the General Assembly of this State, at the January session, eighteen
hundred and fifty-two, chapter one hundred and seventy-five, is in-
debted to a considerable amount, for its building, furniture and other
purposes, and has by its Board of Trustees, applied for an act to ena-
ble it to raise money to pay said debts, or in default thereof, to sell
its building and other property for that purpose; therefore,

SECTION 1. Be it enacted by the General Assembly of Maryland,
That it shall be lawful for those holding scholarships in said Seminary,
to transfer the same, for a period not exceeding ten years from the time
that this act is to take effect, to any number of persons not exceeding
twelve, that shall undertake to pay off or assume the payment of the
debts of said Seminary, contracted for building and other purposes, and
now represented mainly by notes of said Seminary, secured by several of
its trustees; the said transfers, their executors, administrators and as-
signs, to have and enjoy the benefits and advantages of said scholar-
ships, in proportion to the amount of debts they shall respectively pay
off or assume to pay during said period, or any less or. greater period
agreeably to the provisions hereinafter contained, the said avails of said
scholarships, to be annually applied to the payment of the interest and
principal of said debt.

SEC. 2. And be it enacted, That each and every person so under-
taking to pay off said debt, or assuming the payment thereof, shall have

 

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Supplement to the Maryland Code, 1862
Volume 381, Volume 2, Page 46   View pdf image (33K)
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