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Hanson's Laws of Maryland 1763-1784
Volume 203, Page 358   View pdf image (33K)
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                                WILLIAM PACA, Esq; Governor.

act, on behalf of this government, to receive the same, shall cease and determine;
and the agent and trustee nominated in virtue of this act, shall have full power
and authority to call on the said Osgood Hanbury, Sylvanus Grove, and James
Russell, and each of them, and on the heirs, executors, administrators, devisees,
or legal representatives, of any of them, respectively, to surrender up their trust,
and to render account to him of the faithful execution thereof; and to transfer or
assign, to him and his assigns, the whole of the stock purchased by them, or any
of them, in their names, or in any other manner, in virtue of their trust, and to
account and pay unto him any dividends arising from the said capital stock, received
and not invested by them in capital stock, agreeable to law, at short and
reasonable times, and now remaining in their hands, after deducting thereout the
commission of two per cent. allowed them for their trouble; and on payment or
receipt, the said agent or trustee is hereby authorised to give the said Osgood Hanbury,
Sylvanus Grove, and James Russell, and each of them, or their heir, executor,
administrator, devisee, or legal representative, of either of them, a receipt,
discharge or acquittance, in the name of this state.

1783.

CHAP.
XXXV.

    III.  And be it enacted, That the agent and trustee, appointed in virtue of this
act to call on the said trustees to render account as aforesaid, and to receive a
transfer or assignment of the said stock, shall have full power and authority
to sell the same, in such sums, shares or parts, as he may think proper, and
to transfer or assign the same to the purchaser and his assigns; and the said
agent or trustee is hereby directed to remit the monies arising from the sale, immediately
and without delay, together with any money received from the said
trustees, or either of them, to the governor and council, or to lodge the same in
some banker's hands of the first credit and reputation, if he shall be so directed
by the governor and council; and the said agent and trustee is also hereby required
to govern himself in the discharge of the trust reposed in him by this act,
agreeably to such instructions as he shall from time to time receive from the governor
and council; and he shall be entitled to such commission as the governor
and council may agree for, not exceeding four per cent. on the net sum by him
received, in full satisfaction for his trouble, and if he shall not be able to obtain
the said stock, no expences shall be defrayed by this state.
Agent may
sell stock, &c.
    IV.  And be it enacted, That the governor and council be authorised and requested
to appoint and commission, in the name and behalf of this state, some
sensible, discreet person, of abilities and distress, to be agent and trustee, to execute
the several trusts, powers and authorities, to him committed, in virtue and
pursuance of this act; and the governor and council are requested, on making
such appointment, to take bond from the said agent and trustee, with good security,
or from other persons on his behalf, in the penalty of eighty thousand pounds
current money, conditioned for the faithful execution of the trust reposed in such
agent by this act.
Governor and
council to appoint
an agent,
&c.
    V.  And be it enacted, That the said agent by authorised, and he is hereby required,
to pay the bills of exchange drawn by the treasurer of this state, in virtue
of the act of assembly, entitled, An act for calling out of circulation certain bills
of credit emitted by act of assembly, passed at November session, in the year seventeen
hundred and seventy-nine.
Agent to pay
bills of exchange,
&c.
                                            CHAP. XXXVI.
            An ACT to continue the acts of assembly therein mentioned.
                                            CHAP. XXXVII.
                An ACT to encourage the destroying of wolves.
    WHEREAS it appears to this general assembly, that wolves are very numerous
and mischievous in some of the counties of this state, and
that they destroy great numbers of sheep;
Preamble.
    II.  Be it enacted, by the general assembly of Maryland, That when and as
often as any credible free person or persons shall bring before any justice of the
peace, within any of the counties of this state, the head or heads of any wolf or
Justices to
give certificates,
&c.


 
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Hanson's Laws of Maryland 1763-1784
Volume 203, Page 358   View pdf image (33K)
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