1845.

LAWS OF MARYLAND.

CHAP. 193.

Lawful to in-
corporate itself
&c.

SEC. 21. And be it enacted, That should any com-
pany chartered by this State think fit, at any time, and
with the consent of the corporation created by this act,
to incorporate itself with it, for the purpose of mutual
advantages and of accomplishing better and sooner the
establishment of the packet lines contemplated in this
act, it shall be lawful for it to do so, by transferring to it
all its capital, effects and property, real or personal; and
the amount of such transfer at the value agreed upon be-
tween the parties, shall constitute their interest in this

Share in the
dividends.

corporation, upon which they will share in the dividends
of the company, in the same manner as if the sum thus
transferred and paid over, had been for premiums of in-
surance, for freight or for safety notes, as mentioned in
the thirteenth section of this act; and all the powers
vested in the corporation which shall thus become extin-
guished by being merged in this company, shall be con-
sidered transferred to it, to be exercised under such mod-
ifications and restrictions as the board of directors shall
prescribe.

Banking for-
bid.

SEC. 22. And be it enacted, That nothing in this act
shall be so construed, as to give to said corporation bank-
ing privileges.

Enure for 30
years.

Right reserv-
ed.

SEC. 23. And be it enacted, That this act shall enure
for thirty years from the date of its passage, and that the
legislature reserves to itself the right to alter or repeal
said act of incorporation at pleasure.

CHAPTER 193.

Passed Mar.
3, 1846.

A supplement to the act, imposing duties on Promissory
Notes, Bills of Exchange, Specialties and other instru-
ments of writing, to aid in paying the debts of the
State.

Levy and col-
lect stamp du-
ties.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That from and after the first day of May next,
there shall be levied, collected and paid, the several
stamp duties following, to wit; for every skin or piece
of vellum, or parchment, or sheet, or piece of paper, or
other material, upon which shall be printed or written,
any or either of the instruments of writing, following, to
wit; on every bond or obligation, with a collateral con-
dition of any kind or nature whatsoever, the penalties