THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1835.

SEC. 3. And be it enacted, That the above named

CHAP. 285.

thirteen persons shall be commissioners, any three of

Commissioners to

whom shall be capable of acting in all matters set forth

open books

in this section, whose duty it shall be, at such times and

places as they may select, to open books for subscrip-

tion to the stock of said company, after giving at least

Notice

two weeks notice in all the daily newspapers in the city

of Baltimore of such times and places, which books

shall be kept open during the space of three days, from

the hour of nine o'clock in the morning till two o'clock

in the afternoon of each day, and should all the stock

not be subscribed for within said period, the said com-

missioners shall from time to time re-open said hooks,

after having given the same notice in the newspapers

as aforesaid, until said stock shall have been wholly

subscribed for, and should the stock subscribed be

Apportionment

larger in amount than said sum of three hundred thou-

sand dollars, it shall be apportioned among the sub-

scribers, by said commissioners, in such manner that

all may rateably and respectively obtain his due and

equitable portion, as far as it may be in the power of

said commissioners to adjust the same, and when the

Organization

sum of one hundred thousand dollars shall have been

subscribed and the company fully organised, it shall

and may he lawful for said company to proceed to act

in all things according to this charter, and privilege is

Increase stock

hereby given to said company after the said three hun-

dred thousand dollars are fully subscribed for, to in-

crease its capital to five hundred thousand dollars by

new subscription, preference being to the then stock-

holders, and in regard to the shares of the said in-

creased stock, the proceedings of the then President

and Directors of said company shall be in conformity

to those prescribed by this act to the said commis-

sioners, and the sum paid at the time of subscription

to said increased stock, and the instalments as to the

residue, shall be the same as are heretofore prescribed

in respect to said original stock.

SEC. 4, And be it enacted, That for the well order-

Directors

ing and transacting the business of said company, the

aforesaid thirteen commissioners, to wit: — Samuel

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