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Session Laws, 1844
Volume 609, Page 36   View pdf image
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LAWS OF MARYLAND.

1844.

things that may be necessary for said company; provided,
they are not contrary to the law, or the constitution, or to
the by-laws, rules and regulations established by the
stockholders at their general meetings.
SEC. 3. And be it enacted, That subscription books be
opened for a capital stock of five thousand dollars in
shares of five dollars each, and that subscriptions be taken
in the village of Port Deposit for the above stock, under
the direction of Samuel Peaco. David Gilmore, and Alon-
zo Snow, who are hereby appointed commissioners for
the purpose before mentioned, who shall on, or before the
first Monday in October next, procure books and enter as
follows, to wit: we whose names are hereunto subscrib-
ed, do promise to pay to the directors of the Susquehanna
Fire company, the sum of five dollars for every share of
Stock in the said company, set opposite to our respective
names, agreeably to an act of the State of Maryland, en»
titled, an act to incorporate the Susquehanna Fire Com-
pany of Port Deposit, in Cecil county. Witness our
hands this day of eighteen hundred and
and shall give notice in handbills to be put up at all the
public places in the village of Port Deposit, for fifteen
days at least, of the time and place where the said books
will be opened to receive subscriptions of stock for said
company, at which time and place, at least two of the
said commissioners shall attend for said company, and
shall permit and suffer all the members then enrolled in
said company who shall offer to subscribe in person or by
attorney duly authorized, in the said books, which shall
be kept open for that purpose at least six hours every day
for the space of three clays, if three days shall be neces-

CHAP. 51.

Capital stock
of five thou-
sand dollars in
shares of five
dollars each.

sary; provided nevertheless, that the said commissioners
shall not permit any one of the members of said company,
to subscribe for more than ten shares, during the first
day on which the said books shall be opened, nor more
than ten shares on the second day on which the books
shall be opened; and if at the expiration of the two first
days, the said books shall not have the full number sub-
scribed, the said commissioners may be allowed on the
third day to receive subscriptions from any person and
for any amount not already subscribed, or whether he,
she or they, being already a member of said company or
not; and if at the expiration of the third day, the books
shall not have the full number subscribed, the said com-
missioners may adjourn from time to time until the num-
ber of shares shall be subscribed, of which adjournment,
public notice shall be given as for the first day, &c. and

Proviso,



 
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Session Laws, 1844
Volume 609, Page 36   View pdf image
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