ODEN BOWIE, ESQUIRE, GOVERNOR. 323

discretion authorize any one or more of their own number, or any other person, to receive subscrip- tions to said capital stock during said period of five years, at any time and place after notice, as
aforesaid; and in each of said books shall be made the following entry ; We, whose names are herein subscribed, do promise to pay to the Elk- ton and Massey's Railroad Company the sum of fifty dollars for each and every share of stock set opposite to our respective names, and in such man- ner and proportions and at such time as shall be determined 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 incorporate the Elkton and Massey's Rail- road Company ;" as witness our hands, this ...... day of ....... in the year of our Lord one thousand eight hundred and ....... And if any of the said	Terms of sub- scription.
Commissioners shall die or decline to act before the fulfillment of the duties devolved upon them by this Act, otheis may be appointed in their stead by the remaining Commissioners or a ma- jority of them. Sec. 2. And be it enacted, That the Capital	Vacancy to he filled.
Stock of the Elkton and Massey's Railroad Com- pany shall be two hundred and fifty thousand dol- lars, in shares of fifty dollars each, which said Capital Stock may be increased at the discretion of the Commissioners, or the Directors to be chosen, as hereinafter provided for, to any amount not ex- ceeding six hundred thousand dollars; and as soon as twelve hundred shares of the Capital Stock shall he subscribed, the subscribers of the said stock, their successors and assigns, shall be and they are hereby declared to be incorporated into a Company	Capital stock.
by the name of the Elkton and Massey's Rail- road Company, and by that name shall be capa- ble in law of purchasing, holding, selling, leas- ing, conveying and otherwise exercising acts of ownership over estates, real, personal and mixed, so far as shall be necessary for the purposes herein- after mentioned, and no further; and shall have	Name.
perpetual succession by said corporate name, and may sue and be sued, plead and be impleaded, answer and defend in any Court in this State, and may have and use a common seal, which they may alter and renew at their pleasure, and shall have,	Perpetual suc- cession.