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William B. Norris, Horatio L. Whitridge, Ed-
ward Rider, John H. Butler, John T. Shepard,
Lewis Turner, William Stirling, Henry A. Silver,
John H. Price, J. Crawford Nelson, Herman
Stump, William B. Duvall, John W. Davis, Jesse
K. Hines, William H. J illard, Joseph B. Downs
and Joseph Harris Forbes, and their associates,
successors and assigns, be and they are hereby
created and made a body corporate, by the name
and style of the Maryland Central Rail Road Com-
pany, and by that name shall have succession and
shall be capable in law to hold and dispose of pro-
perty, to sue and be sued, to plead and be implead-
ed, answer and defend, be answered and defended,
in any Court of law or equity, and in other places
whatsoever, to receive and make deeds and con-
tracts, to make, have and use a common seal, and
the same to change, alter or renew at pleasure and
to generally pass all such by-laws as may be ne-
cessary to regulate its affairs and to do all such
acts as shall be necessary for the transaction of the
business of the Company hereby incorporated, and
the aforesaid Corporation or a majority of them
may cause books to be opened at such times and
places as they may direct for the purpose of re-
ceiving subscriptions to the said capital stock of
said Company, after having given thirty days no-
tice in two daily newspapers of Baltimore city. |
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Sec. 2. And be it enacted, That there shall be a
general meeting of the Stockholders of said Corpo-
ration on the third Monday of June in each and
every year for the purpose of choosing by ballot or
otherwise, twenty-one members of said Corpora-
tion to be Directors, to manage the affairs thereof,
for twelve months and until successors shall be
chosen, and in all meetings every Stockholder
shall be entitled to give in person or by proxy one
vote for each share of capital stock standing in his,
her or their name on the books of said Corporation,
and until the first named annual election the said
parties named in the first Section, shall be Direc-
tors of said Corporation and shall have power to
act as such. |
General meet-
ing of Stock-
holders. |
