362

LAWS OF MARYLAND.

Rwope, I. Brook Boyle, Howard D. Hartstock,
Nathan Englar, Joseph More, George W. Harris,
Samuel McKinstry, John Clemson, David Rine-
hart, Henry Gaither, R. E. Simmons, Morris T.

Incorporation

Starr, Thos. Hammand, Edward Hobba, Milton
Carter, Abraham Stoner, Henry Baker, Thomas G.
Maynard and Joseph Smith, be and they are here-
by appointed Commissioners, under the direction
of whom, or a majority of whom, subscriptions
may be received to the capital stock of the Liberty
Branch Railroad Company, which is hereby incor-
porated; and the said Commissioners may cause

Open books.

books for subscription to be opened, at such times
and in such places and under such forms as they
may direct, alter having given such notice as they
may deem advisable of the time and place for
opening the same by publication in at least one
paper published in Carroll County, and one news-
paper published in Frederick County, and upon

Time open.

the first opening of the said books, they shall be
kept open at least two successive days, from ten
o'clock, A. M., to two o'clock, P. M., and if with-
in that period three hundred shares of the capital
stock shall not have been subscribed for, said Com-
missioners may cause said books to be opened from
time to time for the period of twelve months there-
after, or until said three hundred shares shall
have been subscribed for; and said Commissioners

Appoint

agents.

may appoint an agent or agents to receive such,
subscriptions, and the subscription thus obtained
by any agent or agents, or by a single Commis-
sioner, whether notice shall have been given by the
Commissioners or not, shall bo as effectual as those
received at the opening of the books as before pro-
vided, and any one of the Commissioners who
may be living, from time to time, shall have power
to perform any acts required in this Act to be done
by said Commissioners.

Capital stock.

Sec. 2. And be it enacted, That the capital stock
of the said Liberty Branch Railroad Company shall
be the sum of three hundred thousand dollars, di-
vided into shares of fifty dollars each, and so soon
as three hundred shares of said stock shall have
been subscribed for the subscribers of the said
stock, their successors and assigns, shall be and
they arc hereby declared to be incorporated by the