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Passed Decem-
ber 24, 1810.
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An ACT to repeal part of an Act of Assembly therein mentioned.
BE IT ENACTED, by the General Assembly of Maryland, That so much of an act passed at November
session, eighteen hundred and seven, entitled, An act to vacate a certain certificate therein
mentioned, as directs that a tract of land, situate in Allegany county, called Bone's Meadows, or
any part thereof, shall not be liable to be taken up, acquired or affected, by any person whatever,
in virtue of any species of warrant whatever, be ami the same is hereby repealed, and that the said
land, or any part thereof, shall be liable to be taken up in the same manner as if such provision had
not existed.
II. PROVIDED NEVERTHELESS, AND BE IT ENACTED, That no warrant shall be granted to take
up the said land, or any part thereof, before the first day of June next; and provided also, that
until the first day of January, in the year eighteen hundred and thirteen, no greater quantity than
the respective quantity of six hundred acres, and no less quantity than one hundred acres, of the
said land, shall be liable to be taken up by any one person, partnership, or company of persons, in
virtue of any species of warrant whatever.
III. AND BE IT ENACTED, That nothing herein contained shall be construed to affect any right,
title or interest, in the land aforesaid, which may have been at any time, or in any manner, legally
or equitably acquired before the passing of this act.
CHAP. LXXVI I.
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Passed Decem-
ber 24, 1810.
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An ACT to incorporate the Stockholders of the Farmers and Mer-
chants Bank of Baltimore.
BE IT ENACTED, by the General Assembly of Maryland, That there shall be established within the
city of Baltimore, or the precincts thereof, a bank, the capital stock of which shall consist of
five hundred thousand dollars, lawful money of the United States, to be divided into shares of fifty
dollars each, and one thousand shares of the said 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 Farmers and Merchants 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 said company shall be conducted by a presi-
dent and twelve 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 twelve 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 the said corporation, and by
plurality of votes, at such place, and in such manner, as the president and directors for the time
being shall appoint, and those who shall be chosen at any election shall be capable of serving as di-
rectors, by virtue of such choice, until the end or expiration of the second Monday of April next
ensuing the time of such election, and no longer, except in case of failure of election on the day
appointed, and in that case until such election takes place; and the said directors, at the first meet-
ing after each election, shall choose a president; and in case it should happen that an election of
directors should not be made upon the day, when pursuant to this act it ought to have been made,
the said corporation shall not for that cause be deemed to be dissolved, but it shall be lawful on any
other day, within ten days thereafter, to hold and make an election, in such manner as shall have
been regulated by the laws and ordinances of the said corporation; and in case of the death, resig-
nation, disqualification, or removal out of the state, of a director, or his being appointed president
of the bank, his place may be filled by the other directors for the remainder of the year.
IV. AND BE IT ENACTED, That the directors for the time being shall have power to appoint a
cashier, and such other officers and servants under them as may be necessary for executing the bu-
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