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LAWS OF MARYLAND.
CHAPTER 180.
An act for the promotion of Internal Improvement. |
159
Dec. Ses. 1825.
Passed March
6, 1826. |
SEC. 1. Be it enacted by the General Assembly
of Maryland,
That so soon as the board of public works of this state shall by
actual survey have ascertained and reported to the governor and
council, the practicability of excavating a canal as hereinafter
described, from some convenient point on the Potomac river intersecting
or continuing the Chesapeake and Ohio canal, to the
city of Baltimore, there shall be appointed by the governor and
council, three commissioners, who shall cause books to be opened
at such times and places as may be determined on by the
board of public works for the purpose of receiving subscriptions
to the capital stock of the company hereinafter incorporated;
which subscriptions may be made either in person or by power
of attorney, notice having been previously given, in such manner
as the said board of public works may deem expedient, of
the times and places of opening the said books. |
Commissioners
to open
books for subscription. |
2. And be it enacted, That the said
commissioners shall
cause the books to be kept open at least twenty days, and within
twenty days after the expiration thereof, shall call a general
meeting of the subscribers at the city of Baltimore, of which
meeting notice shall be given by the said commissioners or a
majority of them in two newspapers printed in the city of Baltimore,
one in Annapolis, one in Easton, one in Frederick, one
in Hagerstown, one in Elkton, one in Rockville, one in Belle
Air, and one in Cumberland, at lest twenty days next before
the said meeting, and such meeting may be continued from day
to day until the business is finished, and the commissioners at
the time and place aforesaid, shall lay before such of the subscribers
as shall meet according to the said notice, the book
containing the state of the said subscriptions, and if the amount
estimated by the said board of public works to be adequate to
the excavation of the said canal and of the feeders which may
be found requisite, and to the erection of locks, culverts, aqueducts
and other works and buildings necessary and suitably appertaining
to the said canal, and to the payment of all incidental
charges, should appear not to have been subscribed, then the
said commissioners or a majority of them at the said meeting,
are empowered to take and receive subscriptions to make
up the deficiency, and may continue to take and receive
such subscriptions at such time or times, place or places
as the board of public works may direct, and true and correct
list of all the subscribers, with the sum subscribed by each,
shall be out and returned by the said commissioners or a
majority of them, under their hands, to the board of public
works, and to the governor and council, to be by them respectively
carefully preserved; and in case a sum shall be subscribed,
larger than shall, as aforesaid, be estimated by the board of |
General
meeting of
subscribers—
notice thereof—
proceedings
thereat;
return list of
subscribers—
reduction if
excess subscribed. |
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