EDWIN WARFIELD, ESQ., GOVERNOR.

1083

SEC. 3. And be it enacted, That the said corporation may

enter upon, grade, occupy and use any public road, street,

Right to use

bridge or highway in said county, or any village or town therein

roads, streets,
etc.

within the limits aforesaid, for the purpose aforesaid, so how-

ever as to not prevent the free and convenient travel over such

public road, street, bridge or highway by any citizen, after

first having obtained the consent of the Board of County

Commissioners ; and the said corporation is further authorized

and empowered to acquire such right of way or the use of lands

as it may find needful or advantageous to the construction and

operation of such railway line or lines, by purchase, gift or

grant, and for the purpose of obtaining right of way which may

be wanted for the proper construction of such railway line or

lines when said corporation cannot agree with the owner, or

where the owner is femme covert, under age, non compos men-

tis, or under other legal disability, or out of said county, when

Corporation

said property may be wanted, said corporation may proceed to

may condemn
land for right

condemn and acquire the use thereof in the manner provided

of way.

in Article 23 of the Code of Public General Laws of Maryland.

SEC. 4. And be it enacted, That the capital stock of said

corporation shall consist of ten thousand dollars in shares of

the value of one hundred dollars each, with the privilege to

increase the stock from time to time by a vote of the stock-

Right to in-

holders at a special meeting held for that purpose, to one mil-

crease capital
stock.

lion dollars; and in the event that the amount of capital stock

subscribed prove insufficient to construct, complete and fully

equip the company with land, buildings, poles, wire, rails,

cars, motors, engines and machinery of every description ne-

cessary to conduct its business, then the directors of said com-

pany may issue from time to time in the name of the company

mortgage bonds to an amount sufficient in the judgment of said

directors to complete and fully equip the requirements of said

company, and secure the payment of such by mortgage of all

or any part of the property, rights, franchises, tolls and rev-

enues of said company.

SEC. 5. And be it enacted, That upon every subscription to

the said capital stock there shall be paid, at the time of subscrib-

Subscription

ing, to the said board of directors or person by them designated

to capital

to receive the same, the sum of one dollar per share on each

stock.

and every share subscribed, and the residue thereof shall be

paid in such instalments and at such times as it may be required

by the president and directors of said company; provided, no

payment shall be demanded on any instalment of said stock

until at least sixty days' notice of such demand shall have been