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Session Laws, 1820
Volume 625, Page 59   View pdf image
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1820.

LAWS OF MARYLAND.

CHAP. 92.

Right of state to
certain Iand re-
leased to him.

1. Be it enacted by the General Assembly of Maryland, That all
the right, title, interest and estate, which the state of Maryland
may now have, or may hereafter have, upon the decease of the
said Jonathan Neall Laughlin, in and to the said land, purchased
as aforesaid by the said Martin Fenwick, be and the same hereby
are released, granted, and confirmed to the said Martin Fenwick,
and his heirs, for ever.

Passed Jan. 25, 1821.

Discharged from
payment of bond.

CHAP. XCIII.

An Act for the relief of the Managers of the Medical College Lottery,

1. Be it enacted by the General Assembly of Maryland, That
John B. Davidge, and others, appointed managers of a lottery
for the benefit of the Medical College, by an act of the general
assembly of Maryland passed at December session eighteen hun-
dred and thirteen, chapter 125. sec. 5. be and their securities, are
hereby discharged from the payment of the bond given by the
said managers, and their securities, to the treasurer of the wes-
tern shore of Maryland, for the payment of five per centum upon
the gross amount of prizes in said lottery.

Treasurer direct-
ed to withdraw

suits.

2. And be it enacted, That the treasurer of the western shore
be and he is hereby authorised and directed, to withdraw the suits
instituted upon the said bond in Baltimore county court, against
the managers thereof, and their securities, upon the payment of
the costs of the said suits by the defendants in the same.

Passed Jan 29, 1821

Preamble.

CHAP. XCIV.
An Act for the benefit of The Bank of Caroline.

WHEREAS it has been deemed advantageous by the stockhold-
ers of the Bank of Caroline, that the affairs of the bank should
be settled, and the corporation dissolved, and to that end have
petitioned the legislature of Maryland; Therefore,

Bank to have no
power to discount
new paper, &c.

1. Be it enacted by the General Assembly of Maryland, That the
said Bank of Caroline shall alter the passage of this act, have
no power or authority to discount any new paper, but may take
renewals of paper already discounted from time to time, and shall
have power and authority to take bonds or bills, single or penal,
for any sums now due to the bank.

Released from
payment of 20 cts.
upon every 100
dolls. of capital.

2. And be it enacted, That so much of the several acts of as-
sembly, which require the Bank of Caroline to pay the sum of
twenty cents upon every hundred dollars of the capital stock ac-
tually paid, or which may hereafter be paid in, is hereby repeal-
ed, and that the said bank shall be released from the payment of
the said tax since the first day of January eighteen hundred and
twenty, and ever thereafter; and that the said charter shall re-
main and be in force as if the said tax had been regularly paid,
according to the provisions of said charter, any thing therein
contained to the contrary notwithstanding.

Not more than 7
directors to be
hereafter elected.

3. And be it enacted, That at each and every election for the di-
rectors of said bank, which shall take place after the passage of
this act, no more than seven directors shall be elected for the ma-
nagement of the concerns of the said bank, who shall be eligible
as directors at all succeeding elections, and all vacancies that
may hereafter occur, shall be filled up in the same manner as pro-



 
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Session Laws, 1820
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