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Session Laws, 1856
Volume 623, Page 209   View pdf image
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T. WATKINS LIGON, ESQUIRE, GOVERNOR.

209

be taken on the subject, shall not be in conflict with
the Constitution and laws of the State.

SEC. 2. And be it enacted, That this act shall
take effect from the day on which it may be passed.

CHAPTER 142.

In force.

AN ACT to authorise the Santa Clara Mining As-
sociation of Baltimore, to appreciate the Capital
Stock of said Association, according to the value
of its property.

Passed Mar.

8, 1856.

WHEREAS, Robert C. Wright, president, F. A.
Levering, John, S. Wright and others directors,
with their associate stockholders, have accepted
the benefit of the provisions of the act of the
General Assembly of Maryland, passed at January
session, eighteen hundred and fifty-two, and num-
bered chapter three hundred and seventeen, en-
titled an act to incorporate the Santa Clara Min-
ing Association of Baltimore, and are now incor-
porated under the name and style of the Santa
Clara Mining Association of Baltimore; and
whereas, the said corporation are the owners of
the consolidated properties of the Santa Clara
and Guadalupe Quick-silver Mines in the State of
California, which they believed to be of greater
value than one million of dollars; and whereas,
they desire to be released from the limit imposed
by their original act of incorporation, requiring
the stock in said company, to be assessed at a sum
not exceeding one million of dollars, and it seems
right and proper, that such desire may be gratifi-
ed, and the enterprise of the said company be en-
couraged and promoted; Therefore,

Preamble.

SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That the President and Directors
of the said Santa Clara Mining Association, be and
they are hereby authorised to reassess and value the
capital stock of said company, as 'contemplated in
27

President and
Directors au-
thorised to re-
assess and val-
ue capital
stock.



 
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Session Laws, 1856
Volume 623, Page 209   View pdf image
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