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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2595   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR. 257

Bosley, Samuel A. Lanver, John Payne, Henry
Stansbury, Jeremiah Smith, iDr. Henry E. Beltz,
Michael Riter, John W. Munay, Daniel Beckley,
Michael Brilheart, Benjamin Worthington, Joseph
Lippy, George Bickler of A., George F. Caltrider,
Benjamin Lippy, J. Wilson, John Foultz, John
G-eiman and John Tyrell be, and they are hereby
appointed Commissioners, under the direction of
whom subscriptions may be received to the capital
stock of the Manchester Railroad Company, hereby
incorporated, and they, or a majority of them,
may cause books to be opened at such times and
places as they may direct, for the purpose of re-

 

ceiving subscriptions to the said capital stock of
said Company, after having given such notice of
the times and places of opening the same as they
may deem proper ; and if such a subscription to
the capital stock of said company as is necessary
for its incorporation be not previously obtained,
the said books may be opened from time to time
during the period of three years from the passage
of this Act, at the discretion of said Commission-
ers, or a majority of them ; and if any of said
Commissioners shall die or refuse to act during the
continuance of the duties devolved upon them by
this Act, others may be appointed in their stead
by the remaining Commissioners, or a majority of
them.

Subscription.

Sec. 2. And le it enacted, That the capital stock
of the Manchester Railroad Company shall be two
hundred and fifty thousand dollars, in shares of
fifty dollars each, which said capital pay be in-
creased at the discretion of the Commissioners or the
Directors, to be appointed as hereinafter provided
for, to any amount not exceeding five hundred
thousand dollars ; and as soon as five hundred
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 Manchester Railroad Company, and by that
name shall be capable in law of purchasing, hold-
ing, selling, leasing and conveying estates, real,

Capital stock.

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, may sue and be sued, plead
17

Sue and be
sued.



 

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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2595   View pdf image (33K)
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