464
Commiss'nrs
appointed to
take sub-
scription'.
Vacancy.
Incorporated
Name
Rights and
powers.
Value of
shares of
capital stock.
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LAWS OF MARYLAND.
CHAPTER 284.
AN ACT to incorporate the Baltimore, Hampden
and Lake Roland Railroad Company.
SECTION 1. -Be it enacted by the General Assembly of
Man/land, That Hiram Woods, John A. Dushane,
William C. Wilson, William H. Ward, Henry D.
Loney, William C. Pennington and Robert Gilmore,
Jr., be and they are hereby appointed commission era
to take subscriptions to the capital stock: of the Bal-
timore, Hampden and Lake Roland Railroad Com-
pany, hereby incorporated, and they, or a majority
of them, may cause books to be opened at
such times and places, and for such period or pe-
riods, and with such notice as they may deem expe-
dient, and may reopen the same, from time to time,
for the purpose of receiving subscriptions to said
capital stock; and if any of the aforesaid commis-
sioners shall die, resign, or refuse to serve, another
or others may be appointed in his or their stead by
a majority of the remaining commissioners.
SEC. 2. And be it enacted, That the subscribers to
said stock, and their successors and assigns, shall be
and are hereby declared to be incorporated into a
company by the name of the Baltimore, Hampden
and Lake Roland Railroad Company, and by that
name shall be capable in law of purchasing, holding
selling and conveying, encumbering and contracting
for any property, real, personal, or mixed, that may
be necessary for the purposes and objects of said com-
pany, as hereinafter mentioned, and no further, and
by such corporate name shall have perpetual succes-
sion, and may sue and be sued, and may have and
use a common seal, and alter and renew the same at
their pleasure, and shall have and enjoy, and may
exercise all the rights, powers and privileges incident
or necessary to the purposes of said corporation as
created by this Act.
SEC. 3. And be it enacted. That the subscription
to the capital stock of said company shall be in
shares of fifty dollars each, to such amount as the
said commissioners aforesaid, or the President and
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