GEORGE HOWARD, ESQ. GOVERNOR:

1831.

sey and William Grason, in Queenstown, and the books
shall be opened by the commissioners aforesaid, on the

CHAP. 212.

twentieth day of March of the present year, and remain
open untill the twentieth day of April then next, unless the
shares shall be sooner filled up, seventy shares thereof may
be subscribed for by the citizens of the Western Shore, and
seventy shares by the citizens of the Eastern Shore, and
in case the seventy shares aforesaid, shall not be filled up in
the time aforesaid, on the Western Shore, then it shall be
lawful for the commissioners aforesaid, appointed for the
Eastern Shore, to open the books, and to keep them open,
till the deficient shares shall be filled up, and in like man-
ner, if the seventy shares aforesaid, shall not be filled upon
the Eastern Shore, it shall be lawful for the commissioners
appointed for the Western Shore, to open the books and
keep them open till the shares shall be filled up by any per-
sons who shall offer to subscribe for the same, and upon the
said shares being filled up, the commissioners or any two
of them, shall and may certify the same to the treasurer of

Apportionment.

the Western Shore, who shall thereupon, under his hand to
the said commissioners directed, subscribe for sixty shares,

State subscriptions

for the state of Maryland; Provided always, That no in-
stalment shall be paid by the treasurer of the Western
Shore, on the said shares, until it shall be certified to him
by the president and directors of the company or a majori-
ty of them, that the instalments called for from the indivi-
dual stockholders have been paid, or the shares of the de-
linquent subscribers sold, according to the provisions of this
act.

Proviso.

Sec. 2. And be it enacted, That subscribers at the time
of subscribing, shall pay the sum of fifteen dollars upon
each share, to the commissioners, and upon the whole stock
being taken, the subscribers, their heirs and assigns shall be,

Payment on sub-
scribing.

and are hereby declared to be incorporated by the name of
the Queenstown Creek Company, and may have perpetual
succession, and may use a common seal, and have all the
rights and powers incident to a corporation, and may sue
and be sued, in the name of the president and directors of
the Queenstown creek company.

Incorporation.

Sec. 3. And be it enacted, That upon the subscription of
the shares being completed, the commissioners or any two
of them may appoint a day and place for the meeting of the
stockholders, to elect five directors, to manage and conduct
the business of the said company, three of whom shall be
chosen from the Eastern Shore, and two from the Western
Shore, for a term in the discretion of the stockholders, not
exceeding three years, and the said directors, as soon as

Elections of direc-
tors.