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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 307   View tiff image (53K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 307

Pennsylvania system of Railroads through or near
Brookville, by the most feasible and direct railroad
communication practicable.

SEC. 3. And be it enacted, That the capital stock
of said company shall be two millions of dollars, di-
vided into forty thousand shares of fifty dollars each.

capital stock.

SEC. 4. And be it enacted, That Benjamin Lounds
Jackson, Alexander R, Sheppard, Richard T. Mer-
rick, A. G. Riddle, Anthony Hyde, Frederick P.
Stanton, and William Thompson, of the District of
Columbia; A. B. Davis, Montgomery Blair, Wash-
ington Bowie and Francis Miller, of Montgomery
county; William B. Matthews, Dennis Gaither and
John R. Clarke of Howard county; and John K.
Longwell, John E. Smith, Jacob F. McComas and
Thomas F. Shephard of Carroll county, be and they
are hereby appointed commissioners with power and
authority to open books and receive subscriptions to
the capital stock of said company, according to the
terms set forth in the next succeeding section of this
act.

Commission-
ers.

SEC. 5. And be it enacted, That the said commis-
sioners shall not be less than seven in number, and
they, or a majority of them, may cause books to be
opened for the purpose of receiving subscriptions to
the capital stock of the said company, at such time
or times and at such place or places as they may
deem expedient, after having given notice at least
once a week for three successive weeks in one or
more newspapers published in the county or city in
which books of subscription are to be opened as
aforesaid.

Open books.

SEC. 6. And be it enacted, That upon the first open-
ing of said books, they shall be kept open for at least
ten successive days, from ten o'clock A. M. until two
o'clock P. M., and if at the expiration of that period
such a subscription to the capital stock of said com-
pany as is necessary to its incorporation shall not
have been obtained, the said commissioners, or a
majority of them may cause the said books to be
opened from time to time after the expiration of the
said ten days, for the space of twelve months there-

Be kept open
ten days.



 

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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 307   View tiff image (53K)
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