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Session Laws, 1804
Volume 562, Page 33   View pdf image (33K)
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1804.

NOVEMBER. LAWS OF M A R Y L A N D.

CHAP.
XLVIII.

his, her or their order, or to bearer, though not under the seal of the said corporation, shall be
binding and obligatory upon the same, in the like manner, and with the like force and effect, as upon,
any private person or persons, if issued by him or them in his, her or their private or natural capa-
city or capacities, and shall be assignable and negotiable in like manner as if they were so issued by
such private person or persons; that is to say, those which shall be payable to any person or per-
sons, his, her or their order, shall be assignable by endorsement, in. like manner, and with the like
effect, as foreign bills of exchange now are, and those which are payable to bearer, shall be negoti-
able or assignable by delivery only.
17th. The shares of stock shall be transferable on the books of the bank only, according to such
rules as shall be established by the president and directors, but all debts actually due and payable to
the bank by a stockholder requesting a transfer, must be satisfied before such a transfer shall be
made, unless the president and directors shall direct to the contrary.
18th. No loan shall be made by the said corporation for the use or on account of this state, or the
United States, or of any particular state, to an amount exceeding fifty thousand dollars, or to any
foreign prince or state whatever, without the previous consent of the legislature; that. the capital,
stock and funds of the bank shall be deemed and taken to be personal and not real estate.
19th. The president and directors for the time being shall give six weeks public notice in the se-
veral news-papers of the city of Baltimore, in one news-paper at Easton, in one at Frederick-town
and in one at Elizabeth-town, of the time and place of holding the election of directors annually.

Duration.

XI. AND BE IT ENACTED, That this act shall continue in force until the expiration of the year
eighteen hundred aad fifteen, and until the end of the next session of assembly thereafter.

CHAP. XLIX.

Passed Janua-
ry 12, 18,05..

An ACT authorising the persons therein named to dispose of cer-
tain ground belonging to the society of quakers in the city of Bal-
tiaiore.

A piece of
ground to be
sold, &c

BE IT ENACTED, by the General Assembly of Maryland, That James Gillingham William Trimble,
Elias Ellicott, William Brown and William Riley, be and they are hereby authorised and em-
powered to sell and dispose of so much of a certain piece of ground in the city of Baltimore, in
eluded within York, Harford and Put-streets, and Lloyd's lane, (formerly Smock-alley,) belonging
to the society of people called Quakers, in the city aforesaid, as may be sufficient to finish and com-
plete a meeting-house now erecting by said society.

Trustees to
vest a title, &c.

II. AND BE IT ENACTED, That upon any sale or sales of any part or parts of the ground afore-
said being made as aforesaid, it shall and may be lawful for the trustees of the said society of qua-
kers in the city of Baltimore, to vest, by a common conveyance, a complete and good title in the
purchaser or purchasers of the same in manner aforesaid.

C H A P. L.

Passed Janua-
ry 12, 1805.
Ground may be
condemned,
fcc.

An ACT respecting Primrose-alley, in the city of Baltimore;

BE IT ENACTED, by the General Assembly of Maryland, That the city commissioners of the city of
Baltimore be and they are hereby authorised to condemn, as a public alley of the said city, all
the vacant ground now called Primrose-alley, in said city, between Light-street and Charles-street,
so as to include all the ground between the north and south sides of the said alley, and to record
the said alley as in other cases, by the name of Primrose-alley.

CHAP. LI.

Massed Janua-
ry 12, 1805.

Preamble,

An ACT to incorporate companies to make several turnpike roads
through Baltimore county, and for other purposes.

WHEREAS it is represented to this general assembly, that by the several laws heretofore passed
on this subject, the desirable object contemplated by the legislature has not been obtained,
and the public expectation almost entirely frustrated; therefore,

Three compa-
nies incorpo-
rated, &c.

II. BE IT ENACTED, by the General Assembly of Maryland, That the three following companies shall
be incorporated, to wit : One for making a turnpike road from the city of Baltimore, through New-
Market, to and through Frederick-town, and from thence to and through Middle-town, and from
thence to Boonsborough; one for making a turnpike road from Baltimore, through Reister's-town,
to the Pennsylvania line towards, Hanover-town, and through Westminster to the Pennsylvania line



 
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Session Laws, 1804
Volume 562, Page 33   View pdf image (33K)
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