794

LAWS OF MARYLAND.

CHAPTER 491.

AN ACT to incorporate the Bank of Centreville, in

Centreville, Queen Anne's county, Maryland.

SECTION 1. Be it enacted by the General Assembly of

Maryland, That John W- E. Sudler, Thomas Malla-

Incorporators.

lieu, Joel Thomas, John H. Evans, Dr. Washington

Finley, B. S. Ford, John Wilkinson, Wm. McKen-

ny, John B. Brown, Thomas I.,Keating, Richard Y.

Earle, John W. Perry, W. W. Busteed, Col. John

K. Emory, Wm. Y. P. Turpine, S. Hersey Hall,

Thomas R. Carville, A. W. Thompson, Samuel

Ringold, John Dodd, William S. Price and George

Incorporated.

Davidson, and their successors in office, be and they

are hereby constituted and made a body corporate

and politic, under the name and style of the Bank

of Centreville.

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

under the above name and style, is hereby made able

and capable in law to sue and be sued, plead and be

Powers.

impleaded, answer and be answered, defend and be

defended in courts of record, or any other place

whatsoever; to make, have and use a common seal,

and the same to break, alter and renew at their

pleasure, and generally to do and execute, all and

singular, such acts, matters and things as a corpora-

tion or body politic may and can lawfully execute.

SEC. 3. And be it enacted, That the capital stock

of the Bank of Centreville, intended to be cre-

Capital stock.

ated by this act, shall be one hundred thousand dol-

lars, in shares of fifty dollars each; five dollars shall

be paid on each share of stock at the time of sub-

scribing, and the remainder in instalments as the

board of directors may determine and require ; and

privilege is hereby given to the said corporation to

increase the capital stock to two hundred thousand

dollars by new subscription, or by adding to the said

capital, semi-annually, a portion of its net profits
not otherwise appropriated, whenever it shall be so

determined by the board of directors.

SEC. 4. And be it enacted, That the persons named

Appointed

in the first section of this act, be and they are hereby

commissioners.

appointed commissioners to receive subscriptions to