232 LAWS OF MARYLAND.
|
site to our respective names, and in such manner
and proportions and at. such time as shall be de-
termined by the President and Directors of said
company, in pursuance of an Act of the General
Assembly of the State of Maryland entitled, an
Act to revise and amend an Act entitled, an Act
to incorporate the Queen Anne's and Kent Rail-
road Company, as witness our hands this —
day of —, in the year of our Lord one thousand
eight hundred and —, and the said Commis-
sioners, after giving such notice as to them shall
seem proper, shall permit all persons of lawful
age who shall offer to subscribe in good faith in
the said books in their own names or in the name
of any other person or company who shall author-
ize the same for any number of shares in the said
stock; and if any of the said Commissioners shall
die or decline to act before the fulfillment of the
duties devolved upon them by this Act others may
be appointed in their stead by the remaining Com-
missioners or a majority of them. |
Capital stock
limited. |
Sec. 2. And be it enacted, That the capital
stock of said Queen Anne's and Kent Railroad
Company shall be six hundred thousand dollars.
in shares of twenty-five dollars each, and as soon
as four thousand five hundred shares of said stock
shall be subscribed the subscribers, their succes-
sors and assigns, shall be and they are hereby de-
clared to be incorporated by the name, style and
title of the Queen Anne's and Kent Railroad
Company, and by that name shall have perpetual
succession and be capable in law of purchasing,
receiving, holding, using, selling, leasing, mort-
gaging and conveying goods and chattles, lands
and tenements and hereditaments and all estate,
real, personal or mixed of whatsoever kind or
quality, may sue and besued, plead and be im-
pleaded in all courts of this State, may make, have
and use a common seal, and the same may alter
or renew at pleasure and may ordain, establish
and enforce such by-laws and regulations as they
shall deem necessary for the government of said
corporation, not repugnant to the Constitution and
laws of this State and of the United States, and
generally may do all and singular the matters and
things and exercise and enjoy all rights, powers |
|
 |
