CHAPTER 38.
AN ACT to amend an Act, passed at January ses-
sion, eighteen hundred and fifty-eight, chapter
four hundred and ten, entitled "an Act to incor-
porate the Mineral Hill Mining Company of
Maryland," by adding the following additional
sections thereto, authorizing a reduction of the
capital stock of the said company by the cancella-
tion of forfeited stock.
SECTION 1. Be it enacted, by the General Assembly of
Maryland, That the Act of January session, eighteen
hundred and fifty-eight, chapter four hundred and
ten, entitled "an Act to incorporate the Mineral
Hill Mining Company of Maryland," be and the
same is hereby amended, by adding thereto the fol-
lowing additional sections, that is to say:
SEC. 2. Be it enacted by the General Assembly of
Maryland That the President and Directors of the
Mineral Hill Mining Company, incorporated by the
name of the " Mineral Hill Mining Company," be
and they are hereby authorized to reduce the capi-
tal stock of the said company, by the cancellation of
all shares of stock of said company, forfeited for the
benefit of said corporation, under the provisions of
the Act of January session, eighteen hundred and
sixty-six, chapter thirty, entitled " an Act to amend
an Act, passed at January session, eighteen hundred
and fifty-eight, chapter four hundred and ten," en-
titled "an Act to incorporate the Mineral Hill
Mining Company of Maryland," by authorizing an
increase of capital, and further remedies for the non-
payment of calls upon stockholders; and they are
further authorized to reduce the capital stock of the
said company, by the cancellation of all shares of the
stock thereof, which may he forfeited by the said
company, under the provisions of any Act, amend-
ing its said charter, and they are also authorized to
reduce the said capital stock, by the cancellation of
all shares of the said stock, which may be surren-
dered, or assigned to, or may have become, or may
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Act amended
Reduce
capital.
Cancellation
of stock.
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