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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 385   View tiff image (49K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 385

CHAPTER 242.

 

AN ACT to repeal chapter four hundred and sev-

 

enty-six of the acts of eighteen hundred and sev-

 

enty, entitled "an act to provide for the creation

 

and regulation of incorporated companies in the

 

State of Maryland," and to enact a substitute

 

therefor.

 

SECTION 1. Be it enacted by the General Assembly of

 

Maryland, That chapter four hundred and seventy-

 

six of the acts of eighteen hundred and seventy,

Repealed.

entitled "an act to provide for the creation and reg-

 

ulation of incorporated companies in the State of

 

Maryland," be and the same is hereby repealed and

 

the following enacted in lieu thereof:

 

SEC. 2. And be it enacted, That any number of

 

natural persons, not less than five, three of whom

Not less than

shall be citizens of Maryland, may become a body

five.

corporate, with all the rights, privileges and powers

 

conferred by and subject to all the restrictions of

 

this act.

 
   

SEC. 3. And be it enacted, That any number of

 

persons as aforesaid, associating to form a company

 

for the purpose of constructing or operating a rail-

 

road shall under their hands and seals make a cer-

Make certifi-

tificate which shall specify as follows: first, the

cate.

name assumed by such company and by which it

 

shall be known; second, the name of the places of

 

the termini of said road, and the county or counties,

 

city or cities through which such road shall pass;

 

third, the amount of capital stock necessary to con-

 

struct such road; such certificate shall be acknowl-

Acknowledg'd

edged before a justice of the peace and certified by

 

the Clerk of the Circuit Court of any county through

 

which the road passes, and when said certificate is

 

executed, it shall be the duty of the persons execut-

 

ing the same to submit it to one of the Judges of the

 

Judicial Circuit within which the county where it

 

was acknowleged may lie, or to one of the Judges

 

of the Supreme Bench of Baltimore city, if acknowl-

 

eged in said city, in order that the said judge may

 

25

 


 

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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 385   View tiff image (49K)
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