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Session Laws, 1810
Volume 599, Page 37   View pdf image
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EDWARD LLOYD, ESQUIRE, GOVERNOR. NOVEMBER.
CHAP. LXV.

1810.

A Supplement to an Act, entitled, An Act to empower the Trustee
herein after named to sell certain Lands of the late William
O'Bryon, deceased, situate, lying and being, in Queen-Anne's
County, and for other purposes therein mentioned.

WHEREAS the original act, to which this is a supplement, is defective, in as much as it con-
tains no provision for the benefit of creditors; and it has been represented to this general
assembly, by the memorial of Charles S. Sewell, a creditor of the said William O'Bryon, that pre-
vious to the passage of the said act he had filed a bill in the high court of chancery against the heirs
of the said O'Bryon, to obtain a decree for the sale of the said lands, and it is reasonable that the
said act should not operate to bar the recovery of his or any other just claim against the estate,
therefore,

II. BE IT ENACTED, by the General Assembly of Maryland, That Edward Clayton, trustee for the
sale of certain lands of the late William O'Bryon, appointed by the act to which this is a supple-
ment, be and he is hereby authorised and directed to pay unto the creditor or creditors of the said
William O'Bryon, his, her or their order, executors, administrators or assigns, under the direction
of the chancellor of Maryland, or of the orphans court of Queen-Anne's county, in this stale, so
much of the sum 6r sums of money arising from the sale of said lands, and which has or have been,
or shall hereafter be, received by him in virtue of the trust and authority aforesaid, as will satisfy
his, her or their claims respectively.

III. AND BE IT ENACTED, That on the neglect or refusal of the said Edward Clayton to pay the
said sum or sums of money, or a proportionable dividend thereof, unto the creditor or creditors who
shall exhibit, legally authenticated, their claims for settlement, suit or suits may be instituted on
the bond executed by him to the state of Maryland, pursuant to the provisions of the act to which
this is a supplement, in the name of the state, at the instance, and for the use of, the said creditor
or creditors, his, her or their heirs, executors, administrators or assigns, against the said Edward
Clayton, his heirs, executors and administrators, and all or any part of the said sum or sums of
money arising from the sale of said lands which have been, or shall be, received by him as trustee,
may be recovered thereon in the same manner as debts are recovered on administration bonds.

CHAP. LXVI.

Passed Decem-
ber 23, 1810.

An ACT to incorporate the Stockholders of the Marine Bank of Bal-
timore.

BE IT ENACTED, by the General Assembly of Maryland, That there shall be established at the city
of Baltimore, within that part of the same commonly called Fell's-Point, a bank, the capital
stock of which shall consist of six hundred thousand dollars, lawful money of the United States, to
be divided into shares or fifty dollars each, and one hundred thousand dollars of which stock shall be
reserved to be subscribed for by the state of Maryland for its use and benefit, when desired by the
legislature thereof.

II. AND BE IT ENACTED, That the proprietors of shares in the said bank, as well as those who
may hereafter become stockholders, their successors and assigns, shall be and are hereby created
and made a corporation and body politic, by the name and style of The President and Directors of
the Marine Bank of Baltimore, and by that name shall be and are enabled and made capable, either
in law or equity, to sue or be sued, plead and be impleaded, answer and be answered, defend and be
defended, in any court or place whatever, and also to make, have and use, a common seal, and the
same to break, alter and renew, at their pleasure, and also to ordain and, establish such by-laws,
ordinances and regulations, as shall be deemed convenient and necessary for the government thereof,
not inconsistent with this act, or contrary to law, and generally to do and execute all and singular
such acts, matters or things, as to them shall or may appertain to do.

III. AND BE IT ENACTED, That the affairs of the said company shall be conducted by a presi-
dent and fourteen directors, together with such other directors as the state shall appoint, in the man-
ner herein after directed; and that there shall be an election of fourteen directors, by ballot, on
the second Monday of April next, and on the second Monday of April in each and every year
thereafter, by the stockholders or proprietors of the capital stock of said corporation, and by:

Passed Decem-
ber 23, 1810.



 
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Session Laws, 1810
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