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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 3435   View pdf image (33K)
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896

LAWS OF MARYLAND.

 

CHAPTER 476.

AN ACT to provide for the Creation and Regula-
tion of Incorporated Companies in the State of
Maryland.

May become a
body corpo-
rate.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That any number of natural persons,
not less than five, three of whom shall be citizens
of Maryland, may become a body corporate with
all the rights, privileges and powers conferred by,
and subject to, all the restrictions of this Act.

Specify name.

Sec. 2. And be it enacted, That any number of
persons, as aforesaid associating to form a Com-
pany for the purpose of constructing a Railroad
shall under their hands and seals, make a certifi-
cate, which shall specify as follows: first, the name
assumed by such Company, and by which it shall
be known; second, the name of the places of the
termini of said road, and the county or counties,
city or cities, through which such road shall pass;
third, the amount of capital slock necessary to con-
struct such road; such certificate shall be acknow-
ledged before a Justice of the Peace, and certified
by the clerk of the Circuit Court of any county
through which the road passes, and when said cer-
tificate is executed, it shall be the duty of the ''per-
sons executing the same, to submit it to one of the
Judges of the Judicial Circuit within which the
county where it was acknowledge may lie, or to
one of the Judges of the Supreme Bench of Balti-
more City, if acknowledged in said city, in order
that the said Judge may determine whether said
certificate is in conformity with the law, and if the
said Judge shall so determine, he shall certify his

Forward to
Secretary of
State.

said determination upon the said certificate which
shall be forwarded to the Secretary of State, who
shall record and carefully preserve the same in his
office; and a copy thereof duly certified by the Sec-
retary of State, under the great seal of the State of
Maryland, shall be evidence of the existence of
such Company.

Sec. 3. And be it enacted, That when the forego-
ing provisions have been complied with, the per-
sons named as corporators in said certificate are

 

 

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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 3435   View pdf image (33K)
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