CAPITAL STOCK.

Sec. 2. And be it enacted, That the capital stock of the Bal-
timore and Potomac Railroad Company shall be one million of
dollars, and as soon as two thousand five hundred shares of said
capita.1 stock shall be subscribed, the subscribers of the said
stock, their successors and assigns, and their associates by
subsequent subscriptions, shall be, and they are hereby, de-
clared to be incorporated into a company, by the name of the
Baltimore and Potomac Railroad Company, and by that name
shall have perpetual succession, and be capable in law of pur-
chasing, holding, selling, buying and conveying estate, real,
personal and mixed, so far as the same shall be necessary for
the purposes hereinafter mentioned, and no further; and by
said corporate name may sue and be sued; may have and uso
a common seal; and shall have, enjoy, and may exercise all
the powers which other corporate bodies may lawfully do for
the purposes named in this act.

At the time of subscribing, two dollars per share to be paid.

Sec. 3. And be it enacted, That upon every subscription of
stock there shall be paid at the time of subscription to the
said commissioners, or their agent or agents, appointed to re-
ceive such subscriptions, the sum of two dollars on every share
subscribed, and the remainder shall be paid in such instal-
ments and at such times as may be required by the Directors
of said company: Provided, No payment shall be demanded
until at least thirty days' public notice of said demand shall
have been given by the said President and Directors; and if
any subscriber shall fail or neglect to pay any instalment or
part of subscription thus demanded for the space of sixty days
after the same shall be due, the stock on which it is payable
shall be forfeited to the company, and may be sold by the said
President and Directors for the benefit of said company; but
the President and Directors may, in their discretion, re-
mit any such forfeiture, and institute and sustain, in the name
of the company, an action or actions, before any tribunal in
this State having jurisdiction of the subject-matter, to recover
from any subscriber thus making default any instalment or
part of subscription, as aforesaid demanded.

Act null and void if subscriptions are not obtained within five

years.

SEC. 4. And be it enacted, That if the subscriptions herein
made necessary for the incorporation of said company shall
not be obtained within five years after the first opening of
the subscription by the commissioners, then this act, and all
the subscriptions under it, shall be null and void, and the
said commissioners, after discharging all expenses by them
incurred in the premises, shall return the residue of the