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Session Laws, 1831
Volume 213, Page 399   View pdf image (33K)
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1831.

LAWS OF MARYLAND.

CHAP. 300.

be, and they are hereby declared to be, a body corporate

Company incorpo-

by the name of the Sam's Creek Rail Road company, and

rated.

as such, by that name shall be capable in law of purchas-

 

ing, holding, selling and conveying estates, real, personal

Powers and privi-

and mixed, so far as shall be necessary for the purposes in

leges granted.

this act mentioned, and shall have perpetual succession,

 

and by said corporate name, may sue and be sued, and have

 

and use a common seal, which they may alter and renew at

 

their pleasure, and shall have and may use, enjoy and exer-

 

cise, all and singular the powers, rights, privileges, anthor-

 

ities, immunities and advantages, for the surveying, locating

 

and constructing a Rail-road, which shall be commenced

Road defined.

at the Baltimore and Ohio Rail Road, near the mouth of

 

Gillis' Falls, or other eligible place, and run thence so as to

 

reach the valley of Sam's creek, or Pipe creek, at or near

 

the junction of Sam's creek therewith, and thence to, and

 

up the valley of Monococy river, or of some of its tribu-

 

tary streams, to the Pennsylvania line; and for the using,

 

preserving and controlling, the said Rail-road, its necessa-

 

ry vehicles, works or buildings, and every part thereof; and

 

for the election of its president and directors, and control-

 

ling the Rail-road, which they are hereby authorised to

Transfer of shares.

construct, to prescribe the mode of transferring shares of

Pernsonal estate.

its capital stock, which are hereby made and declared to

Collect tolls.

be personal estate, and the charging and collecting tolls on

 

transportation, the procuring and employing vehicles, and

 

necessary moving power for transporting persons and pro-

Dividends.

perty, the declaring and paying dividends, increasing the

 

capital stock, or borrowing money on the credit of the

Employing officer

company for its lawful purposes; employing officers, agents,

Passng by-laws.

engineers, artificers, workmen or servants; passing by-laws,

 

and holding annual and special meetings; and generally, for

General powers.

the beneficial management of the lawful business and affairs

 

of said corporation; which by the act to incorporate the

 

Baltimore and Port Deposit Rail Road company, are given,

 

granted, permitted, authorised or secured, to said company,

 

for the purposes and objects thereof, and benefit of its cor-

 

poration, or to the president and directors thereof; or which

 

by the said act, were intended to be, or which by the act

 

incorporating the Baltimore and Ohio Rail-road company,

 

were for the lawful purposes of said company, and benefit

 

of its corporators given, granted, authorised and secured,

 

to the company last aforesaid, or its corporators, collective-

 

ly or severally, as fully and perfectly, as if the same were

 

herein repeated, and expressly given, granted, permitted,

 

authorised and secured to, and conferred on the persons

 

who shall subscribe as aforesaid, their associates and suc-



 
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Session Laws, 1831
Volume 213, Page 399   View pdf image (33K)
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