PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 453
lands, including coal lands, not exceeding in quantity five thou-
sand (5,000) acres, in said county of Garrett, and all of which
or any of which may be found necessary for the uses, purposes
and business of the said company, in furnishing fuel for auxil-
iary power plants or for merchantable or other purposes. Pro-
vided that no use shall be made of the powers conferred in
this charter in the public roads of any city, incorporated town
or other county, except with the consent of the County Com-
missioners or the municipal or county authorities of any city,
incorporated town or other county, respectively, and under such
reasonable regulations and conditions as they may respectively
prescribe.
SEC. 2. And be it enacted, That the capital stock of said
company shall be increased from twenty-five thousand dollars
($25,000), as limited in its certificate of incorporation, to two
hundred and fifty thousand dollars ($250,000) ; said increase to
be divided into twenty-two hundred and fifty shares of the par
value of one hundred dollars ($100) per share, and may be
issued in sums of not less than twenty-five thousand dollars
($25,000), equivalent to two hundred and fifty (250) shares,
and all subscriptions to such stock shall be paid at such time
as the board of directors may determine, and no stockholder
shall be liable for more than the amount of his unpaid sub-
scription to such stock at its par value; provided, that said
capital stock shall be issued in accordance with Article 23 of
the Code of Public General Laws of the State of Maryland,
relating to the issuing of capital stock of any company incor-
porated under the General Laws of the State.
SEC. 3. And be it enacted, That the president and board of
directors of said company, upon the acceptance of the provisions
of this act and before proceeding to issue the amount of said
increased capital stock, as provided in section 2 of this act, shall
file in the office of the State Tax Commissioner a certified copy
of this act, and pay to the Treasurer of the State of Maryland,
as now required by law, the bonus tax to be computed on the
sum of two hundred and twenty-five thousand dollars ($225,-
000), or if issued in sums of twenty-five thousand dollars
($25,000), then to be paid on said last-named amount, .and cer-
tificates showing the authorization of the issue of such increase
of such capital stock or any part of such increase, as herein
provided; and if so ordered Or determined upon, signed by the
president, with the corporate seal of said company affixed,
attested by its secretary, shall likewise be filed with said State
Tax Commissioner.
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