EDWIN WARFIELD, ESQ., GOVERNOR.

775

own lighters, barges, tugboats or any shares of stock in any

steamship company, either foreign or domestic, or vessel prop-

erty of any description, and also the right to own wharves or

lease the same. That the board of directors or managers of

said corporation shall consist of not fewer than five nor mor-

than twenty-five members thereof.

Approved April 7, 1904.

CHAPTER 451.

AN ACT to ratify and amend the charter and extend and

enlarge the powers of the Pocomoke Telephone Company

of Pocomoke City, Worcester County, Maryland.

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

land, That the charter of the Pocomoke Telephone Company

Pocomoke Tel-

of Pocomoke City, Worcester County, Maryland, incorporated

ephone Com-
pany of Poco-

tinder the provisions of the Code of Public General Laws

moke City.

of Maryland, Article entitled "Corporations," as the same

Md.

appears by its certificate of incorporation filed and recorded

among the incorporation records of Worcester County, in

Liber F. H. P., No. 2, folios 61 and 62, with the several

amendments thereto, contained in the certificate of increase

of its capital stock recorded among the records aforesaid,

be and the same are hereby ratified and confirmed, and in

addition to the powers, rights and privileges in the said

certificates enumerated, and those powers and privileges con-

ferred upon corporations of its kind by the provisions of the

Code of Public General Laws, the said corporation shall have

and enjoy also the powers, rights and privileges herein named.

SEC. 2. And be it enacted, That said corporation shall have

perpetual succession, and may increase the number of its

Perpetual

Directors by by-laws to any number not to exceed fifteen;

succession.

and its capital stock may be increased from time to time

by a majority vote of its stock.

Sec. 3. And be it enacted, That said corporation shall have

power to borrow money in such sums as may be necessary for

carrying on its corporate purposes, and to issue its corporate

Can issue cor-

bonds or other obligations for the money so borrowed, and

porate bonds.

to secure the payment of the sums by mortgage or deed

of trust of its franchises as well as any or all of its cor-

porate property, including its tolls and revenues ; and said cor-

poration shall have power to contract for and collect all lawful