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Session Laws, 1818
Volume 637, Page 118   View pdf image
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1818.

LAWS OF MARYLAND.

CHAP. 190.

Congregation to
elect trustees.

Provisos.

Charter not to be
forfeited by ne-
glect to appoint
trustees.

Sec. 1. Be it enacted by the General Assembly of Maryland, That
it shall and may be lawful, at any convenient time; during the pre-
sent year, for the aforesaid congregation to fleet the trustees for
the management of the concerns of the said congregation, who shall
serve until Whitsun Monday, in the year eighteen hundred and
twenty, when a new election shall take place in the manner hereto-
fore prescribed by law, and on Whitsun Monday in every year
for ever thereafter, an election for trustees in the said congregation
shall take place; Provided, that if from any cause the election is in
any year not made on the day aforesaid, it shall be lawful for the
minister, or in the absence of a minister, for any two of the per-
sons appointed trustees for the preceding year, to give ten days
notice in writing set up at the church door, of the, time and place, of
holding an election for trustees, and the trustees so elected shall
have all the powers and rights which they would have had if ap-
pointed as before directed.
2. And be it enacted, That the charter of the aforesaid congrega-
tion shall not be forfeited by its neglect to appoint trustees as re-
presented to this general assembly, but shall remain in as full force
as if the said election had taken place according to law.

Passed Feb 17 1819

President direc-
tors, &c not to
deal in buying or
selling notes of
any bank for a
less sum than the
nominal value of
such notes—Pe-
nalty for so doing.

No person or body
politic to be en-
gaged in such bu-
siness—Penalty.

CHAPTER 191.

An act to relieve the People of this State, as far as practica-
ble, from the evils arising from the demands made on the
Banks of this State for Gold and Silver by Brokers, and to
prohibit the Officers of the different Banks from buying and
selling Bank Notes of the Banks of this State at a less
price than their nominal value.
Sec. 1. Be it enacted, by the General Assembly of Maryland, That
from and after the passage of this act, it shall not be lawful for any
president, director, cashier, clerk or officer, of any of the banks
of this state, to deal or traffic directly or indirectly, in buying or
selling, bartering or exchanging, the notes of any of the banks of
this state, at and for a price or sum less than the nominal value of
such notes so bought or sold, bartered or exchanged, nor directly
or indirectly to employ for that purpose any broker, agent, or
debtor to any of the said banks, or any other person or persons
whatsoever, nor to engage or employ any person or persons in buy-
ing or selling, bartering or exchanging, any such notes as aforesaid,
for the purpose of depositing the same in any of the banks of this
state; and if any president, director, cashier, clerk, or officer of
any of the banks of this state, shall be duly convicted of violating
or evading any or either of the provisions contained in this section,
such person so convicted, shall forfeit and pay a sum of money
equal to double the amount of the notes so bought or sold, barter-
ed or exchanged.
2. And be it enacted, That it shall not be lawful for any person
or persons, bodies politic or corporate, to be engaged in or to fol-
low the business, employment or traffic, directly or indirectly, by
any ways or means whatsoever, by themselves or by others, in
buying or selling, bartering or exchanging, the notes of any of the
banks of this state, for a price or sum in gold or silver less than
the nominal value of such note so bought or sold, bartered or ex-



 
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Session Laws, 1818
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