274

LAWS OF MARYLAND.

at such time or times, place or places, as they may
think proper, in each of which books shall be made
the following entry : " We, whose names are here-

Subscription.

unto subscribed, do promise to pay to the Presi-
dent and Directors of the Baltimore and Pikesville
Railroad Company the sum of twenty dollars for
each and every share of stock set opposite to our
respective names, in such manner and proportion
and at such times as shall be determined by the
President and Directors of the said Company, in
pursuance of an Act of the General Assembly of
Maryland, entitled "An Act to incorporate the
Baltimore and Pikesville Railroad Company," as
witness our hand and seal this ......... day of
.......... in the year of our Lord one thousand eight
hundred and.........," and if any of the said Com-
missioners shall die or decline to act before the ful-
fillment of the duties devolved on them by this Act,
others may be appointed in their stead by the re-
maining Commissioners,

Amount of
capital, title,
&c.

Sec. 2. And be it enacted, That the capital stock
of said Baltimore and Pikesville Railroad Company
shall be two hundred thousand dollars, in shares
of twenty dollars each, and as soon as five hun-
dred shares of said stock shall be subscribed and
paid in, the subscribers, their successors and as-
signs shall be and are hereby declared to be incor-
porated by the name and style and title of the Bal-
timore and Pikesville Railroad Company, and by
that name shall have perpetual succession, and be
capable in law of purchasing, receiving, holding,
using, selling, leasing, mortgaging and conveying
goods and chattels, lands and tenements, and her-
editaments, and all real estate, personal and mixed
property of whatsover kind, may sue and be sued,
plead and be impleaded in all courts of this State

By-laws.

or of the United States, may make, have and use
a common seal, and may also ordain and 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 all rights, powers and privi-
leges which may properly appertain for the well
being and ordering of said Corporation ; provided