them, and if any of the said commissioners shall
die, or refuse to act during the continuation of the
duties devolved upon them by this Act, another
may be appointed in his stead by the remaining
commissioners, or a majority of them.

Capital stock.

Sec. 2. And be it enacted, That the capital stock
of the Worcester and Somerset Railroad Company
shall be one hundred thousand dollars, or as much
thereof as may be necessary, and shall be divided
into shares of twenty-five dollars each, which said
capital may be increased at the discretion of the
Directors to be appointed as hereinafter pro-
vided for, to any amount not exceeding two hun-
dred thousand dollars, and as soon as one thousand
shares of the capital stock shall be subscribed, the
subscribers of the said stock, their successors and
assigns shall be, and they are hereby declared
to be incorporated into a company by the name of
the Worcester and Somerset Railroad Company,
and by that name shall be capable in law to sue
and be sued, to answer and beanswered unto, and
shall be capable of purchasing, holding, selling,
leasing and conveying estates real, personal and
mixed so far as shall be necessary for the purpose
hereinafter mentioned and no further, and shall
have perpetual succession by said corporate name,
and may have and use a common seal, which they
shall have power to alter or renew at their plea-
sure, and shall have and enjoy, and may exercise
all the powers, rights .and privileges which other
corporations may lawfully do for the purposes
mentioned in this Act.

Instalments,

Sec. 3. And be it enacted, That upon every such
subscription there shall be paid at the time of sub-
scribing to the said commissioners the sum of one
dollar for each share subscribed, and the residue
thereof shall be paid at such times and in such in-
stalments as shall be required by the President

Proviso.

and Directors of said company; provided, that
not more than three instalments of five dollars
each shall be required in any one year after the
commencement of the work, nor payment of any
instalments demanded until at least thirty days
public notice thereof shall have been given by the
said President and Directors, and if any subscri-
ber shall fail or neglect to pay any instalment or