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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, divided 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, Washington 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.

Commissioners.

SEC. 5. And be it enacted, That the said commissioners 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 opening 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 company 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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