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Session Laws, 1900
Volume 97, Page 624   View pdf image (33K)
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624

LAWS OF MARYLAND.

Cherry Hill,
Elkton and
Chesapeake
City Railway
Company of
Cecil County.
Charter
amended.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Chapter two hundred and seventy-eight of the
Acts of eighteen hundred and ninety-six, entitled an "Act to
confirm and amend the Charter of the Cherry Hill, Elkton
and Chesapeake City Railway Company of Cecil County," be
and the same is hereby repealed and re-enacted, with amend-
ments, so as to read as follows:

Incorporators
named.

1. The following persons are hereby clothed with all the
powers, duties, rights and franchises conferred on the original
incorporators of the Cherry Hill, Elkton and Chesapeake City
Electric Railway Company of Cecil County by its original
charter, granted under the general incorporation laws of
Maryland, and confirmed by said Chapter two hundred and
seventy-eight of the Acts of eighteen hundred and ninety-six,
to wit: Henry H. Brady, John Banks, John S. Wirt, Joseph
H. Steele, John M. Tucker, James P. Steele, Manly Drennen,
Isaac D. Davis, Dr. Howard Brattan, Dr. Frank H. Mackie,
W. H. Mackall, Samuel J. Keys, L. M. Haines and William
H. Eder, and their successors in office, are hereby consti-
tuted a body corporate, with all the powers which are granted
to any similar or other railroad company incorporated under
the provisions of Article 23 of the Code of Public General
Laws.

Shall have
perpetual
succession,
etc.

2. The name of said corporation shall be the Cherry Hill,
Elkton and Chesapeake City Railway Company of Cecil
County, and said corporation, subject to the constitutional
power of the General Assembly to amend, alter or repeal this
Act, shall have perpetual succession, and shall have a com-
mon seal, which it may alter or change at will, and the power
to sue and be sued, plead and be impleaded, in any court of
law or equity whatever.

Capital stock.
Privilege to
increase.

3. The capital stock of said corporation shall be sixty
thousand dollars, divided into twelve hundred shares of the
par value of fifty dollars each, which said capital stock may
be increased by the president and directors of said corpora-
tion to an amount not exceeding five hundred thousand
dollars.

Shall elect
directors.
Terms of
office.

4. The persons hereinbefore named, or a majority of them,
may cause books to be opened at such times and places as
they may elect, and when two hundred shares or more of its
capital stock shall have been subscribed, said corpora-
tion, by its directors, or a majority of them, shall call
a general meeting of the subscribers at such time
and place as they may appoint, after giving ten days'



 
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Session Laws, 1900
Volume 97, Page 624   View pdf image (33K)
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