THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1835.

Assembly, a charter of incorporation; And, whereas,

it is just and expedient that such facilities should be

CHAP.222

granted under suitable restrictions: — Therefore,

SECTION 1. Be it enacted by the General Assembly of

Persons incorporated

Maryland, That the said William Hughlett, George

Reed, Thomas Burchenal, William Potter, John Boon,

and all others who may hereafter subscribe for, or be-

come owners of stock in said company, be, and they

are hereby constituted a body politic and corporate,

for general purposes of manufacturing, by the name

Style

and style of the Greensborough Manufacturing Com-

pany, and that by the said name, they and their suc-

Powers granted

cessors shall and may have perpetual succession, and

have and use a common seal, and alter or change the

same at pleasure, with capacity to purchase, take, and

hold goods and chattels, lands and tenements, and the

same to grant, sell, Jet or assign; and by the name and

style aforesaid, they may sue and be sued, plead and

be impleaded, in all manner of actions, suits, com-

plaints, matters and causes whatsoever; and shall have

Objects specified

power to enter into all manner of contracts, necessary

for manufacturing operations and general business of

the company, and to make such by-laws, rules and re-

gulations, not contrary to the laws of the United States,

or of this State, as they may deem expedient and pro-

per for the government of said corporation: Provided,

Property limited

that the said company shall not at any one time, hold

more than three thousand acres of land, purchased for

the necessary manufacturing operations of the said com-

pany, and not purchased with a view of re-sale.

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

Capital stock

the said company shall not he less than twenty thou-

sand dollars, nor more than one hundred thousand dol-

lars, and shall be divided into shares of one hundred

dollars each, to he raised by subscription, for which

Books for sub-scription.

purpose the within named persons or any three of

them shall have power and authority to open books

when, where, and under whom they may appoint for

that purpose, and shall, as soon as two hundred shares

are subscribed, call by public notice, a general meet-

Meeting to organ-ize

ing of the stockholders, to meet at such time and place,

as the said within named persons or any three of them,

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