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Session Laws, 1831
Volume 213, Page 398   View pdf image (33K)
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GEORGE HOWARD, ESQ. GOVERNOR.

MM,

CHAPTER 300.

CHAP. 300.

An act to Incorporate the Sam's Creek Rail Road Company.

Passed Mar,14,1832

Section 1. Be it enacted by the General Assembly of Mary-

Commissioners to

land, That James Hood, of John, James Sykes, Portius
Gillis, Evan L. Crawford, William Shipley, of Robert,

open books.

Jacob Lands, Alexander Warfield, John-Duddem, Wil-

 

liam Gaither, John Clemson. jr. Evan M'Kinsttey, William

 

Shepherd, John Kinzer, John Switzer, form Clalaugh,

Henry Waesbe, Abraham Null, Francis Spalding, John

 

Stoner, jr. and David W. Naill, be and they are hereby ap-
pointed commissioners with power to them, or any five of

 

them to receive subscriptions to the capital stock of the

Receive subscrip-

Sam's Creek Rail Road company, hereby incorporated,

tion.

which subscription shall be made in shares of one hundred

Sham $100 each.

dollars each, and one dollar per share to be paid thereon to

Payment required.

said commissioners, at the time of making said subscrip-

 

tions, and the said subscriptions shall be received, subject

Instalments.

to such other rules, limitations and terms, as shall be pre-

 

scribed by a majority of the said commissioners, or any

 

five of them who shall consent to act; and when so much of.

 

the capital stock of said company shall have been subscri-

 

bed, as the majority of the commissioners who shall receive

 

the said subscriptions may deem necessary and sufficient,

 

to construct the Rail road, which the said company are by

 

this act authorised to construct, the commissioners who re-

 

ceived said subscriptions or a majority of them shall call a

 

general meeting of the subscribers to the capital stock

Call general meet-

aforesaid, for the purpose of electing thirteen of said sub-

ing
Elect directors

scribers, to manage the affairs, and be the first directors of

 

said company, which meeting and election shall be held at

 

such time and place as the commissioners last aforesaid, or

 

a majority of them, shall designate in and by a notice,which

Notice required

they shall cause to be inser ed, at least ten days previous

 

thereto, in three newspapers, published daily, in the city of

 

Baltimore, and two newspaf ers, published in the city of Fre-

 

derick; and the commissioners who may give said notice,

 

shall hold and be judges of said election, in which as in

Judge of election

all other elections, or meetings of said company, each share

 

shall entitle the owner thereof to one vote; and the judges

Votes regulated.

of said first election shall certify the names of the persons,

 

who shall be duly elected directors, and deliver over the

Pay over.

subscription book, or list of subscribers, with the funds re-

 

ceived by them from the subscribers aforesaid, to the said

 

directors, and the persons who shall subscribe for the cap-

 

ital stock aforesaid, their associates and successors shall,

 


 
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Session Laws, 1831
Volume 213, Page 398   View pdf image (33K)
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