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Hanson's Laws of Maryland 1763-1784
Volume 203, Page 425   View pdf image (33K)
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1784.

CHAP.
LXXV.
Excess to be
paid for, &c.

                                LAWS of MARYLAND.

quantity expressed in the warrant has been exceeded, Be it enacted, That grants
may issue on any survey, where the quantity expressed in the warrant has been
exceeded not above one fourth, and such excess shall be paid for to the treasurer
of the western shore.

                                            CHAP. LXXVI.
A Supplement to the act concerning the stock of the bank of England
                                        belonging to this state.
Preamble.     WHEREAS in virtue of the said act Samuel Chase, Esquire, was appointed
and commissioned, by the governor and the council, agent
and trustee to execute the authority and trust committed and given by 
the said law to the person so to be appointed:  And whereas it is represented to
this general assembly by the said agent, that in pursuance of such appointment
he went over to England in the month of September, seventeen hundred and
eighty-three, in order to obtain a transfer of the said bank stock, and the dividends
that had accrued thereon, and for that purpose made many applications to
Messieurs Grove and Russell, (who survived Hanbury, one of the trustees of the
said bank stock,) but without any effect; that after five months delay Mr. Grove
agreed to transfer the stock, but Mr. Russell peremptorily refused, unless the
state, or the agent, would give him twelve thousand pounds, part of the said
stock, as an equivalent for his property confiscated by a law of this government
made in the year seventeen hundred and eighty-one, and during the late war;
that Russell filed a bill in the court of chancery of Great-Britain against Grove
and the agent, to prevent a transfer of the stock to the state, and claimed, out
of the stock, a compensation for his property confiscated by this government
during the late war, on account of his conduct as trustee; that the said agent
afterwards fled a bill, in his name, in the court of chancery of Great-Britain,
against Messieurs Grove and Russell, as trustees for this state of the said bank
stock, to compel an execution of their trust, and to obtain a transfer of the
stock to him, and against Messieurs Ewers and trustees of John Buchanan, who
set up some claim to the said bank stock; that Russell and Grove, by their answers
to his bill, admitted that they held the said bank stock in trust, and it was
so far proceeded in the said clause, that the said trustees were ordered to transfer
forty-four thousand pounds bank stock to the accountant-general of the said
court of chancery, in trust in the said cause, and in consequence of the said order
the said trustees did transfer the said bank stock accordingly; that in the said
suit by the agent against the said trustees, on motion to transfer to the agent the
surplus of the stock, not claimed by any of the defendants, the lord chancellor
of Great-Britain rejected the motion, because some other party was necessary to
his bill, and the agent, understanding that the attorney-general of Great-Britain
was the party meant, (which could only be necessary from the supposition that
the crown of Great-Britain had some interest in, or claim to, the said bank
stock,) declined to proceed further in the said cause without the direction of the
general assembly:  And whereas it is also further represented by the said agent,
that to the bill filed by Russell against him be put in a general demurrer, (because
Russell, on his case stated in his bill, was not entitled to the relief prayed
for, to wit, a decree for compensation out of the bank stock for his property
confiscated by this state during the late war, for his conduct as trustee,) which
was allowed on argument by the lord chancellor of Great-Britain:  And whereas
the general assembly have declared, that the said Samuel Chase, Esquire, in conducting
and negotiating the affairs of this state lately intrusted to his care as agent, had
manifested great zeal, fidelity, diligence and ability, and a vigilant attention to
the honour and interest of this government, and that his said conduct merited,
and therefore had, the approbation of this general assembly:  And whereas this
legislature are willing to submit the claims by Russell, Messieurs Ewers, and the
trustees of Buchanan, to the determination of the lord chancellor of Great-Britain,
Bill in chancery
approved,
&c.
    II.  Be it enacted, by the general assembly of Maryland, That the bill and suit
instituted by Samuel Chase, Esquire, (in virtue of the trust and authority reposed


 
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Hanson's Laws of Maryland 1763-1784
Volume 203, Page 425   View pdf image (33K)
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