74

CORPORATIONS. [ART. 26.

four and seventy-five of this article, provided in refer-
ence to the increase or diminution of the capitafl stock
of corporations; and if the assent of two-thirds of all
the shares of stock in the said corporation shall be ob-
tained to the said proposed change in the manner set
forth in the said sections of this article, then upon the
making out and recording in the manner therein di-

Certificate.

rected of a certificate showing a compliance in all of the
said provisions and preliminaries, and setting forth the
business to which the business of said corporation has
been changed or enlarged, then 'the business which said
corporation may carry on thenceforth shall be that to
which it has been thus changed or enlarged; and the
company shall be entitled to all the privileges and pro-
visions and be subject to all the liabilities of this article.

FOR MINING AND OTHER PURPOSES.

Land and
capital stock.

138. No corporation formed under this article for
any of the purposes mentioned in classes 7, 8, 9 and
10, as hereinbefore designated, shall hold more than
five hundred acres of land at any one time; nor shall
its capital stock 'exceed three million dollars, and the
presence in person or by proxy of a majority in interest
of the stockholders, shall be necessary to form a quorum
for business at any meeting of the stockholders or mem-
bers.

Railroads.

139. The president and director of any corporation
mentioned in the last preceding section, shall be in-
vested with full power to locate and construct a rail-
road or railroads, with necessary appurtenances, begin-
ning the same at or near the mines, manufactories or
works of the said corporation, and running to any con-
venient point or points that may best suit the conveni-
ence and interest of said corporation, and to use and
control, the said railroad or railroads, and the necessary
vehicles and appurtenances thereunto belonging.

Lands of Chesa.
& O Can. Co. &
Balt. & O. R. R.
Co.

140. It shall not be lawful for any corporation
formed under this article, to occupy any portion of