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1852.
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LAWS OF MARYLAND.
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CHAP. 132.
creditors their
interest.
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their interest, as the same falls due, from the revenues
of the said company, and to set aside the proper pro-
portion of the interest to which the non-assenting cre-
ditors would have been entitled if they had assented to
the provisions of this act, to he by the said company
applied to the payment of such of them as may there-
after signify, in writing, their assent to the provisions of
this act, or to the said non-assenting creditors when-
ever their respective rights thereto shall be determined
by any competent tribunal.
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Forfeiture of
claims.
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SEC. 7. And be it enacted, That if any creditor
who shall have assented to the provisions of this act,
shall neglect or refuse to bring in his evidence of
debt by the first day of October, one thousand eight
hundred and fifty-two, it shall be the duly of the said
company, to prepare and execute the proper certificates
of new stock, and new bonds, for such creditor or cre-
ditors, to be filled up in the names of such creditors or
their assignees or representatives, if they can be ascer-
tained, and file the same among the archives of the
company, to be delivered to the proper owners when-
ever the old evidences of debt shall be surrendered, and
from the time when such certificates and bonds shall
be executed and filed, the endorsement of which on
such certificates and bonds shall be evidence of the fact,
the said creditors so neglecting shall forfeit all claim or
rights whatever under their old evidences of debt, ex-
cept as against the non-assenting creditors.
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To be pub-
lished.
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SEC. 8. And be it enacted, That the preceding sec-
tions of this act shall be published once a week, for
three months, prior to the first day of August one thou-
sand eight hundred and fifty-two, in a newspaper print-
ed in the cities of Philadelphia, Lancaster and Balti-
more respectively.
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Preamble.
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AND WHEREAS, it is essential for the proper manage
ment of said works, that the Legislation controlling the
policy and management of both said companies shall
be the same, Therefore,
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Applicable to
Tide Water
Canal compa-
ny.
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SECTION 1. Be it enacted by the General Assembly
of Maryland, That the provisions of the foregoing law
of Pennsylvania shall be applicable to the Tide Water
Canal company, in the same manner, and to the same
extent, as by the terms of said law they are made appli-
cable to the Susquehanna Canal company, except that
the stock therein authorised to be issued and paid to
the consenting creditors, shall be the stock of the Sus-
quehanna Canal company.
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Not to affect
the rights of
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SEC. 2. And be it enacted, That nothing in this
act contained shall in any manner affect the rights or
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