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Session Laws, 1814
Volume 633, Page 95   View pdf image
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LEVIN WINDER, ESQ. GOVERNOR.

95

vileges conferred on or appertaining to this corporation.
6. AND BE IT ENACTED, That sales of the real
estate of the said corporation may be made with the unani-
mous consent of the directors, all of whom shall join in
executing and acknowledging according to law, convey-

ances of such estates, when sold as aforesaid.

DEC. SESS.
1814.


Sales of real
estate.

7. AND BE IT ENACTED, That all the property,
estate and joint stock of said corporation, shall be
bound and answerable for any contracts or engage-
ments made, or liability incurred by the directors thereof,
or through their agency or by their authority. But the
stockholders shall in no wise be answerable or liable
therefor in their individuals capacities or private estates.
And the service of any judicial process by an authorised
officers, upon any director, shall be a good service upon
the corporation.

Joint funds to
be answerable
for contracts.

8. AND BE IT ENACTED. That it shall be the
duty of the said corporation to provide a competent teach-
er to instruct the children employed in their service, in
reading, writing, arithmetic and good morals.

Teacher.

9. AND BE IT ENACTED, That special meetings
of the stockholders may be called by a majority of the di-
rectors, or by any number of stockholders, who shall
be owners of three fourths of the stock of the compa-
ny.

Special meet-
ing.

10. AND BE IT ENACTED, That this corporation
may be dissolved on the written application of three fourths
of the stockholders in Dumber, who shall also be bona
fide proprietors of three fourths of the whole stock in a-
mount. And in that event, it shall be the duty of the
directors then being, to settle up all the concerns of the
company, without unnecessary delay, and to divide and
distribute the whole balance and nett proceeds thereof,

Dissolution.

among the stockholders, according to their respective
interests; Provided, That no suit then depending for or
against the said corporation, shall be thereby abated; nor
any contract then subsisting by or with the said corpo-
ration, be in any manner thereby altered or impaired.

CHAPTER 84.

Proviso.

A further supplement to the act entitled, an act for regu-
lating the mode of staying executions, and repealing
the acts of assembly therein mentioned, and for other

purposes.

Passed Jan. 26,

1815.

Sec. 1. BE IT ENACTED by the General Assembly of
Maryland, That from and after the passage of this act,
and until the thirty first day of January, eighteen hun-
dred and sixteen, no execution against the body, goods
or chattels, lands or tenements, of any person or persons
within this state, shall issue upon any judgment or de-
cree already obtained, or hereafter to be obtained in a-
ny court of law or equity within this state, or before a-

Executions

shall not issue
—under what
conditions.

ny justice of the peace of this state; Provided the per-

Proviso.



 
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Session Laws, 1814
Volume 633, Page 95   View pdf image   << PREVIOUS  NEXT >>


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