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Price
reduced.
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461, No corporation or person shall charge for illuminating
gas in Baltimore City a sum to exceed one dollar and ten
cents per thousand cubic feet.
Approved April 5, 1900.
CHAPTER 181.
AN ACT to incorporate the Inter-State Trust and Guaranty
Company.
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Inter-State
Trust and
Guaranty
Company.
Incorporated.
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SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Samuel J. Edwards, Carlton L. Bretz, Daniel E.
Offutt, David P. Miller, Arthur H. Amick, Benjamin A.
Richmond, De Warren H. Reynolds, Charles J, Harrison,
Eli McMillan and William A. Mogart and their associates
and successors, and all such other persons as shall hereafter
become stockholders in the company hereby incorporated,
shall be and they are hereby constituted a body politic and
corporate by the name of the Inter-State Trust and Guaranty
Company, and by that name shall have perpetual succession,
and be capable in law to acquire and hold, and in anywise
dispose of, real and personal property, and to sue and be sued
in any court whatsoever ; to make and use a common seal and
alter the same at pleasure, and generally to do all things
proper or necessary to carry into effect the provisions of this
Act, or to promote the object and designs of the company
hereby incorporated. The home office and place of business
of said corporation shall be at all times at and within the
City of Cumberland, Allegany County, Maryland, at which
place its business shall at all times be transacted.
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Capital stock.
Privilege to
increase.
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SEC. 2. And be it enacted, That the capital stock of said
company shall consist of one thousand shares of stock of the
par value fifty dollars per share, with the privilege to increase
the same from titne to time up to the sum of two hundred and
fifty thousand dollars or twenty-five hundred shares, by a
vote of the stockholders at a special meeting to be called for
that purpose; and said incorporators or a majority of them
shall have power to open books for subscriptions to said stock
at such times and places as they may deem expedient, and
when one thousand shares have been subscribed for, and when
50 per cent, therein has been paid in, the stockholders may
elect directors — no more, however, than fifteen, nor less than
ten, to serve until the ensuing annual election. And the
directors so elected, when said company shall have been
organized, may and they are hereby authorized and empow-
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