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Session Laws, 1904
Volume 209, Page 1175   View pdf image
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EDWIN WARFIELD, ESQ., GOVERNOR.

"75

18. The principal office of said corporation shall be located
in Frederick City, in Frederick County, Maryland.

Principal office

SEC. 3. And be it enacted, That this Act shall take effect

 

from the date of its passage.

 

Approved April 12, 1904.

 

CHAPTER 666.

 

AN ACT to incorporate the Stewartstown and Susquehanna

 

Railway and Power Company.

 

SECTION i. Be it enacted by the General Assembly of Mary-

 

land, That Thomas Mackenzie, Harry M. Benzinger, Joseph
W. Galbraith, Clarence B. Haight. Edward E. Mackenzie,

Stewartstown
and Susque-
hanna Rail-

Harry E. Karr and Thomas H. Robinson, and their succes-

way and Pow-
er Company.

sors and assigns, and all other persons who may hereafter

 

become stockholders in the company hereby incorporated, be

 

and they are hereby constituted a body corporate by the name

 

and style of the "Stewartstown and Susquehanna Railway

 

and Power Company," and by that name shall have perpetual

 

succession.

 

SEC. 2. And be it enacted, That the said corporation under

 

the above name shall be capable in law of purchasing, holding,
possessing, selling or conveying property, real, personal and

Capable in law
of performing
acts.

mixed, for the purposes hereinafter mentioned, and by said

 

corporate name may sue and be sued, and may make, have and

 

use a common seal, and shall have and enjoy and may ex-

 

ercise all the powers, rights and privileges, acts, matters and

 

things incident and necessary for the purposes of said cor-

 

poration as created by this Act.

 

SEC. 3. And be it enacted, That the capital stock of said

 

company shall be ten thousand dollars, with privilege of in-

Capitay stock.

creasing the same to five hundred thousand dollars or such

 

portion as the president and directors may elect, and which

 

stock shall be divided into shares of fifty dollars each, which

 

shall be collected by the president and directors of said cor-

 

poration in such instalments and at such time and places as

 

they may appoint and require; and if any subscriber to the

 

capital stock of said corporation shall neglect or fail to pay

 

any instalments of parts of his, her or their subscription thus

 

demanded for the space of twenty days next after the time

 

when the same shall be due and payable, the stock on which

 

it is demanded shall, at the pleasure of said president and

 
   


 
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Session Laws, 1904
Volume 209, Page 1175   View pdf image
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