1835.

LAWS OF MARYLAND.

CHAP. 321

fairs of the company; Provided, that they do not con-

Proviso

travene the constitution or the laws of this State or of

the United States.

Mode of paying

SEC. 6. And be it enacted, That the sums subscrib-

ed to the stock of the said company, shall be paid in

the following manner: one dollar on each share, to the

commissioners at the time of subscribing, four dollars

on each share to the managers, elected agreeably to the

provisions of this act, within one month after the elec-

tion of managers, and the remainder in such sums, and

at such times as the managers, or a majority of them,

may appoint, they giving two months' notice in one or

more of the papers printed in Hagerstown and Cham-

bersburg, as aforesaid.

Made a body politic

SEC. 7. And be it enacted, That the stockholders

in the said company, shall be, and they are hereby in-

corporated and constituted a body politic, by the name

of the Hagerstown and Waynesboro' Turnpike Com-

Powers

pany, and by the same name shall have succession du-

ring the continuance of this corporation, and the said

stockholders and their successors, by the name afore-

said, may sue and be sued, answer and be answered,

in any court of law or equity in this State; and may do

and execute every other matter and thing by the name,

aforesaid, that they are authorised to do in virtue of

this act.

Power of president

SEC. 8 And be it enacted, That after the president

and managers to receive subscrip-

and managers are elected in the manner hereinbefore

tions

mentioned, they shall have full power and authority to

receive subscriptions for all unsubscribed or vacant

shares, and upon the said election, the powers hereto-

fore vested in the commissioners for receiving subscrip-

Proviso

tions shall cease; Provided nevertheless, that when

either the capital stock or a sum sufficient for the com-

pletion of the said road is subscribed for, no further

subscriptions shall be received.

May appoint three

SEC. 9. And be it enacted, That the president and

commissioners

managers be, and they are hereby authorised to appoint

three commissioners, who, or a majority of whom

To lay out road

agreeing, shall lay out the said road in the nearest and

best direction, from the Northern or Eastern limits of

Hagerstown to the Pennsylvania line, in the direction