1835.
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LAWS OF MARYLAND.
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CHAP. 308
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mer and autumnal months, for purposes of health and
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of pleasure, and have prayed to he incorporated by law,
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Therefore.
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Incorporated
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SECTION I. Be it enacted by the General Assembly of
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Maryland, That William A. Bradley, Joseph Gales,
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Jun. William W. Seaton, and John F. Webb and their
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associates, and such other persons as shall hereafter
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become stockholders in the corporation hereinafter
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mentioned, shall be, and they are hereby created and
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declared to be a body politic and corporate, by the
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Name
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name, style and title of the Potomac *Parilin Company,
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and by that name shall have perpetual succession, and
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may sue and be sued, implead and be impleaded, in
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all courts of law and equity, and may have a common
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seal, and the same may break, alter or renew at their
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pleasure, and the purpose, objects and business of said
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corporation, shall be and are hereby declared to be
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the erection of buildings for the accommodation of visi-
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tors on their estate of Pincy Point, the erection of
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bathing houses and the having and holding of all such
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real and personal property and estate, and performing
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all such acts as shall be found by said corporation ne-
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cessary and useful for the objects and purposes afore-
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said of the said corporation.
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Capital stock
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SEC. 2. And be it enacted. That the capital stock
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of said corporation shall at no time exceed one
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hundred thousand dollars, to be divided into shares of
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five hundred dollars each, said shares to be held and
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be transferrable and assignable as personal property,
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but they shall be transferrable only on the books of the
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corporation by the holder or his attorney.
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Three stockholders
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SEC. 3. And be it enacted, That for the governing
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to be chosen to carry into effect
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and transacting the business, and carrying into effect
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the objects of the said corporation, there shall be a
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committee of three stockholders who shall he chosen by
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ballot from among the stockholders, on the first Mon-
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day in July, in the year eighteen hundred and thirty-
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six, and in every year thereafter, on the same day, by
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a plurality of the votes of the stockholders present, vo-
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ting, in person or by proxy, and each stockholder shall
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have as many votes as he shall hold shares; and the
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[*Pavilion.]
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