680

LAWS OF MARYLAND.

CHAPTER 377.

AN ACT to incorporate the Western Maryland
Extension Railway Company.

Corporators.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That Hon. Robert T. Banks, Hon.
John Lee Chapman, Wendell Bollman, Charles J.
Baker, George M. Bokee, C. Morton Stewart, Wil-
liam Keyser, Robert T. Baldwin, John A. Robb,
C. C. Fulton and Frederick Raine, of Baltimore
City, Hon. James C. Clarke and William A.
Fisher, of Baltimore county, George W. Harris
and John K. Longwell, of Carroll county, Hon.
Joshua Biggs, of Frederick county, John Welty
and Isaac Motter, of Washington county, John
Humbird, John M. Standish, of Allegany county,
and their associates and successors, be and they
are hereby constituted a body corporate and politic,
under the name of the Western Maryland Exten-
sion Railway Company, and by that name shall
be capable in law of purchasing, holding, selling,
leasing and conveying estates and property, real
and personal, so far as may be necessary and con-
venient for the operations of the said Company, as

Perpetual
succession.

hereinafter mentioned, and shall have perpetual
succession, and may have and use a common seal,
and the same to alter and renew from time to time,
and shall have and enjoy all other rights, powers
and privileges which other corporate bodies may
lawfully have and exercise for the purposes men-
tioned in this Act.

Capital stock
may be in-
creased.

Sec. 2. Andbe it enacted, That the capital stock
of said Company shall he the sum of three millions
of dollars, divided into shares of fifty dollars each,
and after the said Company shall have constructed
seventy miles of its railway, the said capital stock
may, from time to time, be increased, at the dis-
cretion of the President and Directors of said Com-
pany, or a majority of them, by an additional
amount not exceeding one million dollars.

Open books
of subscrip-
tion.

Sec. 3. And be it enacted, That the persons men-
tioned in the first section, or a majority of them,
the survivors, or a majority of them, may, from
time to time, provide for opening books or obtain-
ing subscriptions to the capital stock of said Com-