WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 755
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CHAPTER 484.
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AN ACT to amend an act of January session, eigh-
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teen hundred and fifty-three, chapter one hundred
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and thirty-seven, entitled "An act to incorporate
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the 'Patapsco Company,'" by authorizing the
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Patapsco Company to convert its capital stock
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from twenty-five thousand shares, of one hundred
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dollars each to one hundred thousand shares of
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twenty-five dollars each.
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WHEREAS by section two of the act of the General
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Assembly of Maryland, passed at January session,
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eighteen hundred and fifty-three, chapter one hun-
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Preamble.
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dred and thirty-seven, incorporating the Patapsco
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Company, its capital stock is limited to twenty-five
thousand shares, of one hundred dollars each.
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SECTION 1. Be it enacted by the General Assem-
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bly of Maryland, That the Patapsco Company be
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and it is hereby authorized to convert its capital
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stock into one hundred thousand shares of twenty-
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five dollars each, and upon the surrender of out-
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standing certificates of its stock, as at present con-
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stituted, to issue in place thereof certificates for new
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Convert capi-
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shares of twenty-five dollars each, in the proportion
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tal stock.
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of four shares of the latter for one share of the
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former; provided, however, that this act, and the
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power hereby granted, be accepted, and the con-
version of stock hereby contemplated be ratified by
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a majority in interest of the stockholders, at a special
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meeting, of which public notice, stating tho time,
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place and object thereof, shall have been previously
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given by advertisement, inserted in two daily news-
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papers of Baltimore city twice a week for two weeks.
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SEC. 2. And be it enacted, That this act shall
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Effective
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take effect from and after the date of its passage.
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Approved April 10, 1880.
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