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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 386   View tiff image (57K)
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386

LAWS OF MARYLAND.

 

determine whether said certificate is in conformity

 

with the law, and if the said judge shall so determine

Certify.

he shall certify his said determination upon the said

 

certificate which shall be forwarded to the Secretary

 

of State, who shall record and carefully preserve

 

the same in his office, and a copy thereof duly certi-

 

fied by the Secretary of State, under the Great

 

Seal of the State of Maryland, shall be evidence of

 

the existence of such company.

 

SEC. 4. And be it enacted, That when the foregoing

 

provisions have been complied with, the persons

Authorized to

named as corporators in said certificate are hereby

carry into ef-

fect.

authorized to carry into effect the objects named in

 

said certificate in accordance with the provisions of

 

this act; and they and their associates, successors

 

and assigns, by the name and style provided in said

 

certificate, shall thereafter be deemed a body corpo-

 

rate with succession, with power to sue and be sued,

 

plead and be impleaded, defend and be defended,

 

contract and be contracted with, acquire and convey

 

at pleasure, all such real and personal estate, as may

 

be necessary and convenient to carry into effect the

 

objects of the incorporation, to make and use a com-

 

mon seal and the same to alter at pleasure, and do

 

all needful acts to carry into effect the objects for

 

which it was created; and such company shall pos-

 

sess all the powers and be subject to all rules and

 

restrictions provided by this act.

 

SEC. 5. And be it enacted, That said corporations

Authorized to

shall be authorized to construct and maintain a rail-

construct.

road with a single or double track, with such side-

 

tracks, turn-outs, offices and depots, as they may

 

deem necessary between the points named in the

 

certificate, commencing at or within and extending

 

to or into any town, city or village named as the

 

place of the termini of such road, and construct

 

branches from the main line to other towns or places

 

within the limits of any county through which said

 

road may pass.

 

SEC. 6. And be it enacted, That the capital stock of

Capital stock.

such company shall be divided into shares of fifty

 

dollars each, and consist of such sum as may be

 

named in the certificates; such shares shall be re-



 
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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 386   View tiff image (57K)
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