JOHN WALTER SMITH, ESQ., GOVERNOR.
agent for the purpose of issuing, registering, countersigning
or underwriting certificates of stock, bonds or pther evidence
of debt of any State, county, city, municipality or pub-
lic authority, corporation, association, or individual, on
such terms as may be agreed upon; to deal in exchange,
foreign and domestic, and in every and all descriptions of
property, personal effects, securities, mortgages, land, certifi-
cates of indebtedness, stocks of incorporated companies, notes,
warehouse receipts and bills of lading, loans and bonds of the
United States, or any city, county or municipality, or any
incorporated company or any individual.
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33i
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SEC. 11. And be it further enacted, That the corporation
hereby incorporated shall have the right and power to at any
time unite or consolidate with any other corporation or corpo-
rations which may be incorporated for any one or more of the
purposes set forth in this Act, or which may be authorized to
exercise any one or more of the powers conferred on the cor-
poration hereby incorporated, whether such corporation
or corporations, shall have been heretofore or shall be here-
after incorporated by virtue of or by the General Laws of this
State, or any special law or Act. And any such corporation
or corporations, with which the corporation hereby in-
corporated is by this Act authorized to unite or consolidate,
are hereby equally authorized to unite and consolidate with
the corporation by this Act incorporated. The power to con-
solidate, conferred by this Act, shall include the power to fix
the terms of such consolidation, the amount and character of
the capital and stock of the corporation formed by such con-
solidation, not exceeding in the whole in amount the aggre-
gate authorized capital of the constituent corporations, the
shares of stock and consideration to be issued or paid to the
stockholders of the constituent corporations, the name of the
consolidated corporations, and to do all other Acts, matters
and things necessary or proper to be done to carry out such
consolidation. The powers to unite or consolidate by this
Act, conferred on the corporation hereby incorporated, and on
the corporations therein referred to, shall be exercised by
said corporations respectively when authorized at any general
or special meeting of stockholders by the majority in interest
of the stockholders of each corporation so uniting or consoli-
dating or with the assent in writing of such majority in
interest. The corporation so formed by such consolidation
shall, when such consolidation shall have been completed as
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Right to
consolidate
with other
corporations.
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hereinafter referred to, have all the powers and franchises by
this Act conferred upon the corporation hereby incorporated,
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powers and
franchises.
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