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LAWS OF MARYLAND.
the said calculations and estimates, and all surveys, maps, field
books, plans, drafts and models, authorized and directed by this
act, or so many thereof as may be completed, together with
a plain and comprehensive report of all their proceedings under
and by virtue of this act, to be presented to the legislature of
this state within the second week of the next session of that
body. |
143
Dec. Ses. 1825. |
5. And be it enacted, That the said
president and directors
shall be, and they are hereby authorised and required to make
applications in behalf of this state to the government of the
United States, and of such states as may be benefitted by any
road, canal or other work proposed to be made under the authority
and with the aid of this state, to the proprietors of lands
through or near which any such road, canal, or other improvement
may pass or be made, or may be proposed to pass or be
made, to all bodies politic and corporate, public or private, and
all citizens or inhabitants of this or any other of the United
States, for cessions, grants or donations of land or money, for
the purpose of aiding in the construction or completion of any
proposed road, canal, or other improvement, according to the directions
of the several grantors or donors; and to take to the people
of this state, such grants and conveyances as may be proper
and necessary to vest a good and sufficient title in the said
people, to the lands or money so to be ceded, given or granted
as aforesaid; and for the purpose above mentioned, it shall be
the duty of said president and directors, to open books of subscription,
in such and so many places as they may think expedient;
to receive and register such cessions, grants and donations,
under rules and regulations, which they may from time to
time establish and publish. |
May apply
for and receive
grants;
shall open
book. |
6. And be it enacted, That there shall
be constituted a
fund to be denominated " Internal Improvement Fund," which
shall consist of all such grants, cessions, donations and subscriptions,
as may be made or given for that purpose, to the
president and directors aforesaid, by the legislature of this
state, by the Congress of the United States, by individual
states, by corporations, companies and individuals; which fund
shall be superintended and managed by the president and directors
aforesaid, by and with the aid of the treasurer of the
western shore of Maryland; and it shall be the duty of said
president, directors and treasurer, to receive, arrange and manage
to the best advantage, all things belonging to said fund,
and when thereunto required by the legislature, to borrow from
time to time, money on the credit of the people of this state,
in augmentation of that fund, for which money, when received
by him, the treasurer shall issue transferable certificates of stock
payable at such time or times as may be determined by law, or
by the said president and directors, for which money, stock and
fund, the treasurer aforesaid, shall open seperate books, and |
Internal improvement
fund;
management
thereof. |
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