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Session Laws, 1836
Volume 537, Page 226   View pdf image
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THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1836

such person or persons shall be liable to the said com-
pany in a civil action for the injury sustained, and the
form of such action shall be trespass, vict arm is, in
which treble damages and full costs of suit shall be re-
covered, but in no case shall both the remedies be had
by the said company for one and the same offence and
damage.

CHAP. 218.

SEC. 16. And be it enacted, That the Treasurer of
the Western Shore be, and he is authorised and directed
to subscribe for and in behalf of the State of Maryland,
ten thousand dollars of the stock in said company;

Treasurer to
subscribe
$10.000

provided always, that before any subscription shall be
made, the treasurer shall be satisfied by sufficient testi-
mony that ten thousand dollars, the balance of the capi-
tal stock has been actually subscribed by individuals
or private corporation, that there has been, and actual-
ly have paid thereon, the first instalment as provided

Proviso


by this, or such as may be called for by virtue or under
the authority, of this act; provided also, before any in-
stalment which may be called for by said company shall
be paid for by the treasurer upon the stock subscribe
by the treasurer, the treasurer shall be satisfied by a
certificate under the seal of said company, signed by
the president and five directors, and sucli other testi-
mony as the treasurer may deem sufficient, that stock
to the amount of ten thousand dollars to the said com-
pany has been subscribed for by individuals or private
corporations, and that the instalment thereon, similar
to that required to be paid on behalf of the State, and

Further proviso


all the previous instalments which may have accrued
thereon have been paid, which said instalments shall
be paid as called for by the said company in certificates
of stock of the State, bearing an interest of five per
centum per annum, in the manner hereinbefore pro

How payable

vided.
SEC. 17. And be it enacted, That if the said cana
and inlet shall not be commenced in three years from
the passage of this act, and shall not be finished in five
years from the time of the commencement thereof, then
this act shall be null and void.

Limitation



 
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Session Laws, 1836
Volume 537, Page 226   View pdf image
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