THOMAS W .VEAZEY, ESQUIRE, GOVERNOR.

1835.

liver and pay to the directors so elected, the subscrip-

CHAP. 363

tion book or books certified by a majority of the com-

missioners, and the money received from subscribers

to the stock, deducting all expenses by them incurred

in performing their duties as commissioners, cither

previous to, or after the passage of this act.

SEC. 2. And be it enacted. That when two thousand

Incorporation

shares of the capital slock shall be subscribed as afore-

said, the subscribers as holders of the said stock, their

successors and assigns, shall be and they are hereby

incorporated by the name of the Cumberland Hotel

Style

Company in Cumberland, and by that name shall be

capable in law of purchasing, holding, improving,

Corporate powers

selling and leasing lands, conveying estates, real, per-

sonal and mixed, and buying, using and selling per-

sonal property, effects, rights and privileges so far as

shall be necessary to obtain one or more lots of ground,

and the erection of one or more, and not exceeding a

Hotel, in the town of Cumberland, in Allegany county,

with proper and sufficient out nouses and every neces-

sary appurtenance to each, and furnishing such hotel

with every proper and necessary articles to fit them

respectively for use and occupation as a hotel, and by

the said corporate name shall have perpetual succes-

sion, and may sue and be sued, plead, answer and de-

fend, and have and use a common seal, and the same

may alter and renew, and shall have, enjoy, and may

exercise all the powers, rights and privileges incident

to a corporation, as other corporate bodies have and

may lawfully exercise for the purposes and in the man-

ner mentioned in this act; and the service of legal pro-

cess on the president or any director, shall be sufficient

service on the corporation.

SEC. 3, And be it enacted, That there shall be an

Annual meeting

annual meeting of the stockholders on the fourth Mon-

day in May at such place in Cumberland as the board

of directors shall appoint, at which, before such judges

Election of direc-

tors

as shall have been appointed agreeably to a resolution

or by-law of the directors, nine directors shall be

elected by the stockholders present in person or by

proxy, voting by ballot, one vote for each share of

Votes rated

»tock on which all instalments due shall have been