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Session Laws, 1841
Volume 593, Page 132   View pdf image
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FRANCIS THOMAS, ESQUIRE, GOVERNOR.

1841.

one of the primary school districts in Frederick county,
and the part so sold to the said trustees, shall be that part
on which a school house has lately been erected, which said
school house shall be used for the benefit of the primary
school in said school district, and shall in every respect,
belong and be subject to all the restrictions of other school
houses, built for similar purposes and belong to the county.

CHAP. 168.

Sec. 6. And be it enacted, That if the trustees of the
primary school district, and Conrad Michael and John
Ricker, of the German Reform Church, and Adam Coogle
and Jacob Palmer, of the German Lutheran Church, ap-
pointed to sell the above described land, cannot agree about
the price of the said half acre of land, then each side shall
chose one disinterested person, and those two uninterested
persons to select a third person in no manner interested, and
the three persons so named shall fix on a price of said half
acre of land, not however to take into consideration the
school house erected thereon, but the actual value of said
land, independent of the building; and the decision of a ma-
jority of said persons shall be final and conclusive.

May select
two disinter-
ested persons
to value, etc.

CHAPTER 168.

 

An act concerning the Annapolis and Elkridge Rail Road
Company.

Passed March
1, 1842.

Section 1. Be it enacted by the General Assembly of
Maryland, That the Annapolis and Elkridge Rail Road
Company be, and they are hereby authorized to issue their
bonds or certificates of debt, bearing an interest at the rate
of six per centum per annum, payable on the first days of
January and July in each year, to an amount in the whole
not exceeding the sum of eighty thousand dollars, and in
denominations not less than one hundred dollars, in the
names of the creditors of the company, as payees, for their
respective claims against the company, to be ascertained
by the president and directors thereof, with the exception
of the claims hereinafter referred to, and irredeemable except
at the pleasure of the company or of the state, until after the
expiration of thirty years from their date, and the faith of
the company is hereby pledged for the ultimate payment of
the principal of said bonds or certificates of debt, after the
said term of thirty years, the said bonds or certificates of
debt to be received by said creditors at their
12

Authorized to
issue bonds,
etc.

Faith of the
company
pledged



 
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Session Laws, 1841
Volume 593, Page 132   View pdf image
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