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Session Laws, 1842
Volume 594, Page 168   View pdf image
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LAWS OF MARYLAND.
CHAPTER 203.

1842

CHAP. 204

A further supplement to on act entitled, An act to establish a
Bank and incorporate a company under the title of The
Planters Bank of Prince George's County.

Passed March
7, 1843.

WHEREAS it is represented to this General Assembly,
that the stockholders of the Planters Bank of Prince Geor-
ge's county have for the purpose of winding up the said in-
stitution with as little inconvenience to the public as possi-
ble, divided among themselves, the debts due to the said
bank, having first paid all the liabilities of the said bank, and
which it is supposed by some of the stockholders, who have
received an assignment of debts in payment of their stock,
that it may be doubtful whether the said assignees would
have power to collect their said debts, in the name of the
said bank, and doubts being also entertained by the purcha-
sers of real estate from said bank as to the legal sufficiency
of the deeds which were executed by S. Sprigg as the Pre-
sident of said Bank, and it appearing right to this General
Assembly, that all doubts in regard thereto should be put to
rest — therefore,

Preamble.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the stockholders of the Planter's Bank of
Prince George's county, and others, who received assign-
ments from said bank, of bonds, notes, or judgments, shall
be and they are hereby empowered and authorised to pros-
ecute the said claims so assigned to them, in the name of the
said bank in any court of law or equity in this state, in the
same manner and to the same extent, as if the said bank had
not forfeited its charter.

Stockholders
& others may
prosecute the
claims, &c.

SEC. 2.. And be it enacted, That all conveyances of
real estate made by Samuel Sprigg Esq. as the president of
said bank, shall be good and effectual to convey all the
rights title and interest, of said bank to the grantors in said
deeds, named as fully as if it were the intention of the said
Samuel Sprigg to convey the same in and by the said deeds.

Conveyances
made by Sam.
Sprigg, Pres.
shall be good.

CHAPTER 204.

 

An act to incorporate a Company to construct a Turnpike
Road from Frostburg, Allegany County, down the valley
of Jenning's Run, to intersect the Turnpike recently con-
structed by the Maryland and New York Iron and Coal
Company, at or near the Mount Savage Iron Works.

Passed March
3, 1843.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That John L. Skinner, William Ridgely, George
22

Commission-
ers.



 
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Session Laws, 1842
Volume 594, Page 168   View pdf image
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