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LAWS OF MARYLAND.

CHAPTER 422.

AN ACT to incorporate " The Citizens' Gas Com-

pany " of Baltimore.

SECTION 1. Be it enacted by the General Assembly of

Maryland, That Henry Snyder, William Frush,Wash-

ington Booth, John W. Davis, James Webb, George

P. Thomas and James. C. Wheedon, and their asso-

ciates and successors, be and they are hereby consti-

Incorporations

tuted a body corporate and politic, under the name

of " The Citizens' Gas Company " of Baltimore, and

by that name shall be capable in law of purchasing,

holding, selling, leasing and conveying estates and

property, real and personal, so far as may be neces-

sary and convenient for the operations of the said

company, as hereinafter mentioned, and shall have

perpetual succession, and may have and use a com-

Powers.

mon seal, and the same to alter and renew from time

to time; and shall have and enjoy all other rights,

powers and privileges which other corporate bodies

may lawfully have and exercise for the purposes

mentioned in this act.

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

Capital stock

of said company shall be two millions of dollars, di-

vided into shares of one hundred dollars each.

SEC. 3. And be it enacted, That the persons men-

tioned in the first section, or a majority of them, the

survivors, or a majority of them, may, from time to

Cause books
to be opened.

time, cause books to be opened in the City of Balti-

more for the purpose of receiving subscriptions to

the capital stock of said company, at such times and

places, and for such period or periods, and with such

notice as they may deem expedient; and the parties

named in said first section may themselves become

subscribers to the said capital stock of said com-

pany, which has already been made a corporation by
the incorporation of said persons named in said first

section.

SEC. 4. And be it enacted, That upon every subscrip-

Subscribing.

tion there shall be paid, at the time of subscribing,

to the persons so opening the books of subscription,

or their agents, the sum of five dollars on every

share of stock subscribed, and the residue shall be