JOHN WALTER SMITH, ESQ., GOVERNOR.
|
1067
|
SEC. 5. And be it further enacted, That the directors of said
body corporate shall have the power to declare such dividends
of the profits of said body corporate as they may deem proper;
provided, that no dividends shall be declared when the capital
stock will be impaired thereby.
SEC. 6. And be it enacted, That said body corporate shall be
subject at all time to the provisions of the Act of eighteen
hundred and ninety-two, Chapter one hundred and nine.
|
Dividends.
|
SEC. 7. And be it further enacted, That the stockholders of
said body corporate shall be liable to the amount of their
respective share or shares of stock in said body corporate for
all its debts and liabilities upon note, bill or otherwise.
SEC. 8. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved April 10, 1900.
CHAPTER 681.
AN ACT to incorporate the Town of Midland, in Allegany
County.
|
Liability of
Stockholders.
|
SECTION 1. Be it enacted by the General Assembly of Mary-
land, The the citizens of the town of Midland, in Allegany
County, be and they are hereby created a body corporate by
the name of "The Commissioners of Midland," with all the
powers and privileges, incident to a body corporate, and by
said corporate name may have perpetual succession, sue and
be sued, plead and be impleaded, in any court of law or
equity, and may have and use a common seal.
|
Allegany Co.
The Commis-
sioners of
Midland.
Incorporated.
|
SEC. 2. And be it enacted, That the corporate and taxable
limits of said town shall be as follows; Beginning at a stone
marked "M," planted in a garden lot owned by Edward
Branon, southeast of the Cumberland and Pennsylvania Rail-
road, at the end of a line drawn north eighteen degrees, east
one hundred and twenty-four feet, to a stone marked "A" at
the corner of Edward Branon's lot, on the southeast bank of
George's Creek, and running north seventy degrees, east two
thousand and eighty six feet to the centre of the road marked
by a planted stone, and known as the sixteen foot road, lead-
ing behind William Clise's distillery; thence south thirty-
three degrees, east nine hundred and ninety feet to a planted
stone marked No. 1 in the field behind William Clise's dis-
tillery; thence north thirty-five degrees, east sixteen hundred
and eighty four feet to a maple tree near Thomas Murphy's
|
Corporate
limits of said
town.
|
|
|