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CHAP. 185.
Collector of Al-
legany to publish
non-residents
lands in certain
newspapers, &c.
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2. And be it enacted, That from and after the passage of this act,
it shall be the duty of the collector of the county of Allegany, to
comply with the requisition of the. commissioners of the tax, by
publishing nonresidents land in the, different newspapers as by
them directed, and it shall be his duty to produce to the clerk of
said county court, either the different newspapers in which he was
directed to publish the same, or the affidavit of each of the different
printers, previous to the day of sale, and it shall be the duty of the
clerk to make a record of the same, which record shall be sufficient
evidence in all future cases to give title to the purchaser or purchas-
ers, any thing to the contrary notwithstanding.
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Passed Feb 16 1819
Bank to be estab-
lished at Old-town
Subscription of
stock to be open-
ed.
Payments, how
and when to be
made.
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CHAPTER 186.
An act to establish a Bank, and incorporate a Company, by
the name of The North and South Branch Bank of Potomac,
at Old-Town, Allegany county.
Sec. 1. Be it enacted by the General Assembly of Maryland,
That a bank, to be called and known by the name of The North
and South Branch Bank of Potomac, shall be established at Old-
town, in Allegany county, the capital stock of which shall consist of
two hundred and fifty thousand dollars, money of the United States,
to be divided into shares of fifty dollars each.
2. And be it enacted, That hooks for the subscription of said stock
shall be opened at Old-town, and the town of Cumberland, by the
commissioners hereinafter named, or a majority of them, on the first
Monday of April ne\t; and the commissioners who shall meet on
the day so appointed for receiving the said subscriptions, shall cause
the said books to be opened at the place or places agreed upon, at
ten o'clock in the morning, and continue the same open until five
o'clock in the afternoon; and if the subscriptions shall exceed the
number of shares as above, then the said commissioners are hereby
authorised so to apportion the shares subscribed among the several
subscribers, as may reduce the whole to the number to be subscri-
bed for; but if the said subscriptions shall not be filled up on the
first day, the said commissioners shall have power to adjourn from
day to day until the whole number of shares shall be subscribed for;
and at any time after the. first day, when the said subscriptions
shall be complete, it shall be the duty of the said commissioners im-
mediately to close the books, and those only who have actually sub-
scribed previous thereto, shall be entitled to the said stock; and it
shall be the duly of James M. Cresap, Thomas Greenwell, Lenox
Martin, George Robinett, Jacob Lantz, (of Old-town,) and Wm.
M'Mahon, George M'Culloh, Thomas Thistle, John Burbridge,
and Wm. Hoblitzell, (of Cumberland,) or a majority of them, to
conduct every operation of the proposed institution, until they shall
be superseded by the appointment of directors.
3. And be it enacted, That every subscriber shall pay to the com-
missioners who shall attend for opening the books, at the time of
subscribing for the same, the sum of two dollars and fifty cents on
each share that shall be by him subscribed, and each subscriber
shall, within thirty days thereafter, pay the farther sum of five dol-
lars, and sixty days thereafter the farther sum of five dollars, so as
to make up twelve dollars and fifty cents on each share; and the re-
maining thirty-seven and a half dollars on each share, shall be paid
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