| 168
Dec. Ses. 1825.
To connect
other canals. |
JOSEPH KENT, ESQUIRE, GOVERNOR.
or companies which may be hereafter incorporated for that
purpose, by the said state; Provided, That in taking such canal
or canals, and in using the waters of the said Maryland canal,
or of the various streams connected therewith, no impediment
or injury shall be done to the navigation of the said Maryland
canal. |
Treasurer to
subscribe on
the part of
the state to
the Chesapeake
and
Ohio Canal
Company. |
19. And be it enacted, That the treasurer
of the Western
Shore be, and he is hereby authorised and required for, and on
behalf of the state, to subscribe to the Chesapeake and Ohio
Canal company, for stock to the whole amount of the stock of
the Potomac company owned by the state, and of the debt due
to the state by the said Potomac company, and to pay for the
same, in the certificates of the stock of the Potomac company,
and in the evidences of the debt due to the state, certified in the
manner specified in the charter of the said Chesapeake and Ohio
canal company; and also to subscribe for five thousand shares
of the stock of the said company, payable agreeably to the terms
of the charter, in the legal currency of the United States. |
Also 5000
shares in the
Maryland canal
company. |
20. And be it enacted, That the treasurer
of the Western
Shore, be and he is hereby instructed and required in like manner
to subscribe for five thousand shares in the Maryland Canal
Company hereby incorporated. |
$200,000 appropriated
for
other improvements.
Proviso.
United States
first to subscribe,
&c.
|
21. And be it enacted, That the sum
of two hundred thousand
dollars shall be, and the same is hereby appropriated, or
such part thereof as may be necessary, to drain, embank, and
render dry and arable the low lands on the margins of such
rivers and creeks of the Eastern Shore of this state, as the board
of public works may think proper and recommend, and to complete
and carry into effect such plans for opening and improving
the navigation of the Pokomoke, Manokin, Wicomico, Great
Choptank, Chester, Elk and North East rivers, as the board of
public works may devise, recommend and contract for on behalf
of the state of Maryland: Provided, That before any part of
the aforesaid subscriptions, except so much as is payable in the
stock and debt of the Potomac Company, shall be made, or any
part of the sum herein appropriated to execute the improvements
contemplated by this act to be made on the low lands situated
on the margins of the aforesaid rivers and creeks, or to
execute the improvements of the Pokomoke, Manokin, Wicomico,
Great Choptank, Chester, Elk and North East rivers, be
expended, the congress of the United States shall by law authorise
a subscription for not less than ten thousand shares of the
capital stock of the eastern section of the Chesapeake and Ohio
Canal, and shall enact a law expressly securing to the state of
Maryland, and to any company incorporated or hereafter to be
incorporated by the said state, the right to take and continue a
canal from any point of the Chesapeake and Ohio canal,
through the territory of Columbia or any part thereof, to the
said state, in any direction it may deem proper, upon the same
terms and conditions, and with all the rights privileges and powers
of every kind, whatsoever, granted to the Chesapeake and |
|
 |
