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Session Laws, 1904
Volume 209, Page 636   View pdf image
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636

LAWS OF MARYLAND.

Filing of cer-
tificate.

spectiveh, under their respective seals, setting forth the terms

 

of such consolidation the said certificate shall be filed in the

 

office of the Secretary of this State. When said certificate shall

 

be filed the said consolidation shall be considered completed.

Directors.

SEC. 12. And be it enacted, That the board of directors or

 

managers of said corporation shall consist of not fewer than

 

five or more than twenty-five members thereof.

 

SEC. 13. And be it enacted, That this Act shall take effect

 

from the date of its passage.

 

Approved April 12, 1904.

 

CHAPTER 353.

 

AN ACT to incorporate the Southern Maryland Telephone

 

Company.

 

SECTION 1. Be it enacted by the General Assembly of Mary-

 

land, That John B. Ballenger, J. Frances Coale, George M.

 

Thomas, Zachariah R. Morgan and L. Johnston Canter, their

 

successors and assigns, are hereby created and constituted

Southern

a body corporate under the name of the Southern Maryland

Maryland
Telephone

Telephone Company, and by that name shall have perpetual

Company.

sucession and shall be capable to sue and be sued, complain

 

and defend in any court of law or equity, to make and use a

 

common seal and to alter the same at pleasure, to receive

 

and make deals and contracts, to acquire by purchase or in any

 

other manner not inconsistent with law, and deal with any prop-

 

erty, real, personal or mixed, which may be necessary or proper

 

to enable said corporation to carry out its operations and fulfill

 

the purposes named in this Act, and generally to do every other

 

act and thing not inconsistent with law which may be necessary

 

or proper to promote the objects, designs and purposes for

 

which this corporation is formed.

 

SEC. 2. And be it enacted, That the capital stock of said body

Capital stock.

corporate shall consist of five hundred shares of the par value

 

of ten dollars each, and when the par value of any share shall

 

have been fully paid, the holders thereof shall not be in any

 

way liable to the creditors of the corporation ; and said body

 

corporate shall have the right to increase its capital stock

 

from time to time by a vote of the stockholders at a special

 

meeting or meetings to be called and held for that purpose

 

to any sum not exceeding twenty thousand dollars.

Right to Install
and operate

SEC. 3. And be it enacted, That the said body corporate shall
have the right to install, maintain and operate telephone plants

telephone
plants.

and exchanges, to build, construct, equip, lease, own, acquire,



 
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Session Laws, 1904
Volume 209, Page 636   View pdf image
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