ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

531

CHAPTER 484.

AN ACT to amend the charter of the Deer creek mining and

construction company of Baltimore city.

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

That the charter of the Deer creek mining and construction com-

pany of Baltimore city, a corporation organized according to law,
as by reference to the records in the office of the clerk of the

ro amend.

superior court of Baltimore city will more fully appear, be and

the same is hereby altered as hereinafter set forth, preserving and

continuing, however, all the grants, rights, powers and privileges

heretofore held thereunder, except as hereinafter changed and

modified, and said company shall have perpetual existence and

succession.

SEC. 2. And be it further enacted, That the management, con-

trol and operation of the property, concerns, investments and

Manage-

affairs of said company shall be fully vested in and all its cor-

ment.

porate powers exercised by its board of directors, who shall have

full power and authority to make by-laws (not inconsistent with

law,) for the management of the property, concerns and affairs of

eaid company, and who shall have full power and authority from

time to time, to increase without limitation the capital stock of

said company, and to make and issue its bonds with or without

coupons attached in such amoutits bearing such rate of interest

not exceeding six per centum per annum, payable at such time

Bonds.

and places as they may deem expedient, and secure the same by

mortgage on its property or any part thereof and its franchises,

and who shall have full power and authority from time to time,

as in their judgment may deem it for the best interest of the cor-

poration, or as they may decide necessary or proper to enable said

Powers.

corporation to carry on its operations with advantage to its gen-

eral interest, to purchase, take, receive, hold, use, employ, operate,

manage, mortgage, pledge, lease, endorse, guarantee, dispose of,

contract for and deal with for and on behalf of said corporation

any matter or thing or property whatsoever, real, personal or

mixed, as well as the property of every kind and nature, the

stocks, bonds, obligations and securities of any other companies

or corporations whatsoever, formed under the laws of the United

States, or any of the states or territories thereof, and it shall be

lawful for any other companies or corporations to enter into any

agreement with this company which will be for their common

benefit and will promote the objects, designs and purposes thereof.

SEC. 3. And be it further enacted, That this act shall take effect

Effective.

and be in force from the date of its passage.

Approved April 8, 1890.