Oliver A. Parker, William Whitelock, their asso-
ciates, and all and every person or persons, hereafter
becoming members of the United States Real Estate,
Mining and Manufacturing Company, of Maryland,
in the manner hereinafter mentioned, their successors
and assigns, shall be and they are hereby created and
made a corporation and body politic, by the name
and style of the United States Real Estate, Mining
and Manufacturing Company, of Maryland, and by
that name, shall and may have perpetual succession,
and be capable in law of purchasing, holding, devel-
oping, improving and disposing of property, real,
personal or mixed, in the manner and for the pur-
poses herein authorized, and may sue and be sued,
plead and be irnpleaded, answer and be answered,
and defended in all courts of law and equity, and
may receive and make all deeds, transfers, covenants,
conveyances, grants, contracts, agreements and bar-
gains, whatsoever necessary for the said purposes;
and may have and use a common seal, which they
shall have power to renew or alter at pleasure, and
generally may do every other act or thing necessary
to carry into effect the provisions of this Act, and
promote the objects and designs of said company, as
authorized by this Act.
SEC. 2. And he it enacted, That the said Mathew
T. Goswell, Jesse K. Hines, Arthur P. German, Ed-
ward, L Chaisty, Jr., I. Freeman Rasin, John W.
Davis, Wm. II. Whyte, John A. Needles, John T.
Graham, Oliver A. Parker, Wm. Whitelock, or such
one or more of them as the others, or a majority of
them, shall appoint, may take and receive subscrip-
tions to the capital stock of said company, on such
terms as they, or a majority of them, may designate
or choose, in shares of one hundred dollars each, to
any amount which they may deem necessary, not
exceeding fifty thousand shares, and that they are
authorized to receive subscriptions to the capital
stock in either cash or lands, at such prices and con-
ditions as they may agree upon, and any person,
persons, or corporations who shall become a holder
or holders, or entitled to one or more shares of said
stock, shall thereupon become a member of the
United States Real Estate, Mining and Manufacturing
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Capability In
law.
Authorized
to receive
subscriptions
To become
member
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