|
WILLIAM PACA, Esq; Governor.
thousand pounds current money, to discharge the trust committed to him
by the
said corporation. |
1783.
CHAP.
XXIII. |
XII. Be it enacted,
That the said corporation shall meet once in every three
months for the first year, and oftener if it shall be necessary, at all
which meetings
the governor for the time being shall preside; and all laws and regulations
shall be determined by a majority of votes; and the holder or holders of
each
share shall have only one vote, which may be given by proxy, authorised
by
writing, signed and sealed by the holder or holders of such share, and
lodged
with the secretary previous to the receiving the vote. |
Corporation
to meet once
in three
months, &c. |
XIII. Be it
enacted, That the persons who shall hereafter become subscribers
to make up the sum of twenty thousand pounds current money as aforesaid,
shall
become members of the said corporation, and shall be entitled to the same
rights
and privileges as if they had originally subscribed, and had been named
in this
act. |
Future subscribers
to become
members,
&c. |
XIV. Be it enacted,
That where there shall not appear property for the payment
of the stipulated quota of any subscriber, in the county within the state
where the party resides, that then and in that case the party shall forfeit
his share,
or part of a share, in the said company, if he neglects payment one
month after
it becomes due; and in case the subscriber, or his assignee, shall reside
out of
this state, he shall forfeit his whole share, either on subscription or
assignment,
and every right, title and authority, derived under this act, if he shall
neglect or
refuse to pay to the governor, or director of the company, such share so
due as
aforesaid. |
In what cases
shares are forfeited,
&c. |
XV. Be it enacted,
That the persons incorporated by this act shall begin the
canal at or near Love-island, on or before the first day of October next,
and
carry on the same with diligence till it reaches tide water, and fully
complete the
canal, according to the directions of this act, within seven years,
and on failure
or neglect to perform the same within the time aforesaid, this act to be
null, void,
and of no effect. |
When canal is
to be begun,
&c. |
XVI. Be it enacted,
That the owners of lands through which the canal may
pass, shall have full liberty to become subscribers for making the said
canal, at
any time before the first day of June next, provided such application be
made
before the subscriptions be filled up and completed. |
Owners of
land may become
subscribers,
&c. |
CHAP. XXIV.
An ACT respecting theatrical entertainments.
To continue one year, &c. Expired. |
|
CHAP. XXV.
An ACT respecting the tunnage of vessels. |
|
WHEREAS the tunnage of ships or vessels registered
in this state are
calculated by carpenters measure, by which means the citizens of this
state pay a greater tunnage than the citizens of any other state, whose
ships or vessels of the same dimensions, registered elsewhere, are estimated
differently,
or at a much lower tunnage, and consequently the citizens of this state
pay
heavier duties at foreign ports: For relief therefore, and to place
the citizens of
this state as nearly as may be upon an equality with the citizens of other
states,
in foreign ports, as well as in the ports of the United States, |
Preamble. |
II. Be it enacted,
by the general assembly of Maryland, That all ships of vessels
to be registered shall have their tunnage ascertained in the manner heretofore
directed, except in the number to divide by, which shall be two hundred
instead
of ninety-five; and all ships or vessels under register, the property of
a citizen of
this state, or one third of which is held by any citizen belonging to this
state,
may and are hereby authorised to take out new registers, dividing by two
hundred,
agreeably to this act. |
How tunnage
is to be ascertained,
&c. |
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