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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3398   View pdf image (33K)
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JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 539

CHAPTER 368.

 

AN ACT to incorporate the West Friendship and

 

Linden Turnpike Company.

 

SECTION 1. Be it enacted by the General Assembly of

Commissioners

Maryland, That Dawson Laurence, Enock Silby,

appointed

Milton W. Shipley, Nicholas A. Selby, Reuben

 

Ridgeley, and Thomas Grimes, be and they are

 

hereby appointed commissioners to take subscrip-

 

tions to the capital stock of the " West Friendship

 

and Linden Turnpike Company," hereby incorpora-

 

ted, and they or a majority of them may cause books

 

to be opened at such times and places as they may

 

deem expedient, upon giving such notice as they may

 

think proper of the time and place of opening the

 

same ; and the capital stock of the said company

 

shall not exceed the sum of lorty thousand dollars.

 

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

 

said stock, their successors and assigns shall be and

Incorporated

they are hereby declared to be incorporated into a

 

company by the name of the West Friendship and

 

Linden Turnpike Company; and by that name shall

 

be capable in law of purchasing, holding, selling,

 

leasing, and conveying estates, real, personal, and

 

mixed, so far as may be necessary for the purpose

 

hereinafter mentioned, and no further ; and shall

Powers

have succession and by said corporate name may sue

 

and be sued, and have and use a common seal, which

 

they shall have power to alter or renew at their

 

pleasure; and shall exercise all the powers, rights,

 

and priviliges which other corporate bodies may

 

lawfully do for the purposes mentioned in this act.

 

SEC. 3. And be it enacted, That when three hun-

Call a general

dred shares or more of said stock shall have been

meeting.

subscribed, the said commissioners or a majority of

 

them shall call a general meeting of the subscribers,

 

at such time and place as they may appoint, and give

 

at least ten days' public notice thereof; and at such

 

meeting the said commissioners shall lay the sub-

 

scription" books before the subscribers then and there

 

present ; whereupon the subscribers or a majority of

 

them shall elect seven directors, by ballot, to manage

 

the affairs of the company ; which directors or a

 

majority of them shall have power to elect a Presi-

 


 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3398   View pdf image (33K)
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