1829.
LAWS OF MARYLAND.
CHAP. 51.
Passed Feb. 3, 1830.
|
CHAPTER 51.
An act to authorise equitable assignees, to sue in their own names.
|
Preamble.
|
WHEREAS, equitable assignees have frequently
sustained
injuries and loss, by the death of the assignor or legal plaintiff,
therefore,
|
May sue.
|
Be it enacted by the General Assembly
of Maryland, That
any assignee or assignees, bona fide entitled to any judgment,
bond, specialty or other chose in action for the payment of
money by assignment in writing, signed by the person or persons
authorised to make the same, may by virtue of such assignment,
sue and maintain, an action or actions execution or
executions in any court of law or equity in this state, as the case
may require, in his or their name or names, against the obligor
or obligors, debtor or debtors therein named, saving and
reserving to the defendant or defendants, all such legal or equitable
defence as might or could have been had and maintained
against the assignor or assignors at the time, and before
notice of such assignment, in the same manner and to the same
extent as if no such assignment had been made.
|
|
———
|
Passed Feb. 3, 1830.
|
CHAPTER 52.
A Supplement to the act, entitled, an act to incorporate the Phoenix
Shot Tower Company of Baltimore.
|
To choose directors.
& president.
Provisoes.
|
Section 1. Be it enacted by
the General Assembly of Maryland,
That the stockholders of the Phoenix Shot Tower Company
of Baltimore, be and they are hereby authorised at their
next annual meeting, to be held on the third Monday in April
next, and at every annual meeting thereafter, to vote for nine
Directors to manage the concern of the said Company, a majority
of whom after being duly elected and qualified according
to the provision of the act to which this is a supplement,
shall at their first meeting after their election as aforesaid,
proceed to the choice of a discreet and prudent person as
President from their own body, and the priviledges, powers,
and qualifications of the President thus to be elected, shall be
regulated and restricted by the provision of the said act to
which this is a supplement, Provided, that the said Directors
shall have power at any time to remove the said President for
malversion in the discharge of his duties or incompetency to
perform them. Provided nevertheless, that nothing in this section
contained, shall have validity or effect unless the same
shall be approved by a majority of the stockholders at their
first annual meeting after the passage of this act.
|
|
 |
