THOMAS W. VEAZEY, ESQUIRE, GOVERNOS,

1835.

to tie a body politic and corporate, by the name, style

CHAP. 304.

and title of the Baltimore Print Works, and by the

same name shall have succession, and shall he able to

sue and be sued, implead and be impleaded, answer and

defend, and be answered and be defended, in all courts of

law and equity of this State or elsewhere, and to make

and have a common seal, and the same to break alter and

renew at pleasure, and also to do all acts which shall

be necessary for conducting the concerns of said cor-

poration, not being contrary to this act, or the consti-

tution and laws of this State or of the United States.

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

Capital stock

of said company shall not exceed the sum of five hun-

dred thousand dollars, and shall be divided into shares

Shares

of one hundred dollars each, five dollars on each share

shall be paid at the time of subscribing, and the re-

mainder at such times and in such instalments as the

president and directors, or a board thereof as herein-

after constituted, shall determine, such instalments not

to be made payable upon shorter notice than sixty

days, and as soon as one thousand shares shall have

Requisites for or-

been subscribed, and one hundred thousand dollars

ganization

shall have been paid on account of the said capital, and

certified to the treasurer of the Western Shore, and

the said company organised as herein after mentioned,

the said company shall be competent to transact all

business which this act authorises.

SEC. 3. And be it enacted, That the objects and

Object of incorpo-

purposes of this corporation are declared to be the

ration

manufacturing, purchasing, dying, printing and vend-

ing cotton, woollen and silk goods, and tue carrying

on any other manufacture necessary thereto, or con-

nected therewith, and for these objects and purposes

Power to hold lands

the said corporation is hereby authorised and empow-

ered to purchase and hold one or more factories, and

lands not exceeding one thousand acres, in fee simple, or

for any other estate, and to erect buildings and other

improvements on such lands as may be convenient, to

procure by purchase or other lawful means, all kinds

of necessary materials, goods and chatties, and the

same to use, lease, sell or otherwise dispose of, as ful-

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