ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

405

shall be capable in law to sue and be sued, to plead and be im-

pleaded, to answer and be answered in any court of law or equity,

and the said president and directors shall have power to receive

subscriptions for the whole or any part of the capital stock re-

maining unsubscribed, in such manner and at such times as they

may deem proper; to make and pay over to the stockholders from

time to time dividends of the net profits of the said company; to

make rules, regulations and by-laws for the government of the

said company and its agents and officers, and to take such bonds

from them for the faithful performance of their duty as may be

deemed necessary; to borrow money if needed by the company

and secure the same by mortgage on its property, and to do and

transact all other business, proper, incident or necessary to the

objects of the company's incorporation, and the principal office of

said company shall be in Baltimore city.

SEC. 4. And be it enacted, That the stock of the company shall

be deemed personal estate, and all the effects and assets of the

company shall be liable for its debts, but the stockholders in-

Liability.

dividually shall not be liable, and the service of any judicial pro-

cess on the president shall be sufficient service on the company.

SEC. 5. And be it enacted, That this act shall take effect from

Effective.

the date of its passage.

Approved April 3, 1890.

CHAPTEE 366.

AN ACT to authorize the county commissioners of Montgomery

county to levy a sum of money to refund certain taxes paid in

error by Sarah Jones, to said county.

WHEREAS, it appears by the tax books of Montgomery county,

that Sarah Jones, of the third collection district of said county,

has paid during sundry years taxes in excess of the amount due

Preamble.

by her, amounting in the aggregate to the sum of twenty-one dol-

lars and eighty-six cents; therefore,

SECTION 1. Be it enacted by the General Assembly of Maryland,

That the county commissioners of Montgomery county be and

they are hereby authorized and empowered to levy for the year

eighteen hundred and ninety, the sum of twenty-one dollars and

To pay.

eighty-six cents, on the assessable property of said county, on ac-

count of taxes paid in error by Sarah Jones of the third collec-

tion district of said county, which amount so levied shall be paid

to said Sarah Jones, or be credited on any taxes now due, or which

may become due from said Sarah Jones to said county, for the

year eighteen hundred and ninety.