722

LAWS OF MARYLAND.

and sixty-one to three hundred and seventy, inclusive, of
Article 8 of the Code of Public Local Laws, title "Cecil
County," sub-title "Wild Fowl," be and the same are hereby
repealed.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 7, 1900.

CHAPTER 445.
AN ACT to incorporate "The Eastern Security Company."

The Eastern
Security Com-
pany.
Incorporated
Manner of
conducting
business.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Lloyd L.- Jackson, Daniel E. Conklin, Frank K.
Murphy, Charles H. Dickey and Winslow N. Williams and
their associates and successors and such other persons as shall
hereafter become stockholders in the company hereby incor-
porated, shall be and they are hereby constituted a body
politic and corporate by the name and style of "The Eastern
Security Company," and by that name shall have perpetual
succession and be capable in law to acquire and hold, and in
any way dispose of property, and to sue and be sued, plead
and be impleaded in any court whatever, to make and use a
common seal and to alter the same at pleasure, and generally
to do everything proper to carry into effect the provisions of
this Act, or to promote the objects and designs of the com-
pany hereby incorporated. The office of this corporation shall
be located in Baltimore City, Maryland.

Capital stock
privilege to
increase.

\

SEC. 2. And be it further enacted, That the capital stock of
said company shall consist of fifty shares of the par value of
five thousand dollars each, which aggregate two hundred and
fifty thousand dollars, with the privilege to the said corpora-
tion to increase the same from time to time to one million
dollars, in shares of the par value of five thousand dollars
each, by a vote of the stockholders at a special meeting, or
at a meeting to be called for that purpose, and the incorpora-
tors, or a majority of them, shall have power to open books
for subscriptions at such times and places as they may deem
expedient, and when said fifty shares have been subscribed,,
and when ten per centum thereon has been paid in, the stock-
holders may elect twelve directors to serve until the ensuing
annual election, or until their successors have been duly elected
and qualified, and the directors so elected of said company,
when it shall have been organized, may and they are hereby
authorized and empowered to have and to exercise, in the