390

LAWS OF MARYLAND.

tion of the officers and committee hereinbefore

named, who shall serve until the annual election

hereinbefore provided for, and until their successors

are elected.

In force

SEC. 9. And be it enacted, That this act shall

take effect from the date of its passage.

Approved, April 11th, 1874.

CHAPTER 264.

AN ACT to repeal section two of the act of January

session, eighteen hundred and seventy, chapter

three hundred and eighty-seven, entitled an act to

incorporate the Washington, Colesville and Ashton

Turnpike Company, and to re-enact the same as

amended.

Repealed and
re-enacted.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That section two of the act of January

session, eighteen hundred and seventy, chapter three

hundred and eighty-seven, entitled an act to incor-

porate the Washington, Colesville and Ashton Turn-

pike Company, be and the same is herebv repealed,

amended and re-enacted so as to read as follows :

SEC. 2. And be it enacted, That the subscribers to

Subscribers

said stock, their successors and assigns, shall be and

they are hereby declared to be incorporated into a

Company by the name of the Washington, Colesville

and Ashton Turnpike Company, and by that name,

shall be capable in law of purchasing and holding

estates, real, personal and mixed, and of borrowing

money not exceeding the sum of fifteen thousand

dollars, upon bonds or mortgages, on the property of

the company, and shall be capable in law of selling,

leasing and conveying estates, real, personal and

mixed, so far as shall be necessary for the purpose

hereinafter mentioned, and no further, and shall have

succession and by said corporate name may sue and

bo sued, and may have and use a common seal, which