|
CHAPTER 212.
An act authorising a lottery to raise a sum of money to pur-
chase a lot of ground in the city or precincts of Baltimore,
and to erect a building thereon to he used as an engine house.
Sec. 1. BE IT ENACTED by the General Assembly of
Maryland, That John H. Rogers, Charles Brown, William W.
Smith, Jacob Wall, Michael Hoffman, John P. Spiese, John
Mackay, jr. Samuel Young, Erasmus Uhler, Jacob Croft, Ro-
bert Elliott and George Uhler, or a majority of them be, and
they are hereby authorised to propose a scheme of a lottery, and
to sell and dispose of the tickets therein, for raising a sum of mo-
ney not exceeding ten thousand dollars, to be appropriated to
purchase a lot of ground in the city or precincts of Baltimore, and
to erect a building thereon to be used as an engine house.
2. AND BE IT ENACTED, That before the said John H.
Rogers, Charles Brown, William W. Smith, Jacob Wall, Mi-
chael Hoffman, John P. Spiese, John Mackay, jr Samuel
Young, Erasmus Uhler, Jacob Croft, Robert Elliott and George
Uhler, proceed to make sale of any ticket or tickets in the said
lottery, they shall give and execute a bond to the state of Ma-
ryland, in the penalty of twenty thousand dollars, conditioned
that they will well and truly conduct the drawing of said lotte-
ry, and apply the money arising therefrom within six months
after the drawing thereof, to the payment of the prizes drawn
therein, to the necessary expenses incurred in the management
thereof, and the residue to the purchasing of a lot of ground in
the city or precincts of Baltimore and to the erecting a buil-
ding thereon to be used as an engine house.
3. AND BE IT ENACTED, That the said bond shall be
lodged with the clerk of Baltimore county court to be by him
recorded among the records of said county, and upon such
bond or any office copy thereof, suit or suits may be instituted
for any breach or non-compliance with the condition thereof.
|
Passed Jan.
1816.
Scheme.
To be recor-
ded.
|
|
CHAPTER 213.
A supplement to the act entitled, an act to incorporate the
Union Insurance company of Maryland.
Sec. 1. BE IT ENACTED by the General Assembly of
Maryland, That the capital stock of the Union Insurance Com-
pany of Maryland, be increased to six hundred thousand dollars,
and each share of the stock to one thousand dollars; and that
each and every stockholder be required to give to the president
and directors for the time being, on or before the first day of
April next, promissory notes, with two approved endorsers, pay-
able on demand, for five hundred dollars a share for each and
every share standing in the name of such stockholder on the
books of said company, which promissory note together with
the one hundred dollars a share originally subscribed and paid,
shall constitute the capital stock of the said company; and said
notes shall be renewed annually, in the month of April, with
the same or other endorsers, as shall be directed and approved
by the board of directors; and any stockholder who shall re-
fuse to give such notes shall forfeit all his interest in the said
corporation, and his share or shares shall be disposed of by the
president and directors, and the proceeds thereof, be paid to such
|
Passed Jan.
29, 1816.
Capital in-
creased--
notes.
|
