clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1892
Volume 397, Page 363   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

FRANK BROWN, ESQUIRE, GOVERNOR.

363

such points as the business of the road and the convenience


of the public may require, and said company is hereby


authorized to lay such rails through transverse streets or


avenues as may be necessary for connecting said stables,


depots and offices with the main tracks ; and the said com-


pany is hereby authorized to purchase or lease such lands or


buildings as may be necessary for the passengers and


freight rooms, ticket offices, stables and depots above


named, and may buy, sell, mortgage, lease, improve, dis-


pose of or otherwise deal in lands in this State, or partly in


this State and partly beyond this State, and shall have the


right to become a stockholder in any connecting line or


lines of railway in the District of Columbia, or State of


Maryland, or partly in the District of Columbia and partly


in the State of Maryland, and shall have the further right


to mortgage the said railway and the land and franchises


appurtenant thereto for an amount not exceeding one-half


the cost of construction of said road.


SEC. 8. And be it enacted, That within six months after


the passage of and approval of this act, the corporation

Open books

named in the first section, or a majority of them, or if any

of sub-

one of them refuses to act, then a majority of the remainder

scription.

shall cause books of subscription to be opened and kept open


in some convenient and accessible place or places in the city


of Washington and the town of Laurel and Hyattsville, for


a period to be fixed by the corporators not less than two


days, and the said corporators shall give public notice, by


the advertisement in not less than two daily papers published


in the city of Washington, and at least in one published in


the town of Laurel, of the "time when, and place where, said


books shall be opened ; and the subscribers on said books to


the capital stock of the company, shall be held to be stock-


holders; provided, that every subscriber shall pay at the


time of subscribing five per centum of the amount by him


subscribed to the treasurer of said company, and when the


books of the subscription to the capital stock of said com-


pany shall be closed, the corporators named in the first


section or a majority of them, and in case any of them refuse


to act, then a majority of the remainder shall within five


days thereafter, call the first meeting of the stockholders of


said company to meet within five days thereafter, for the


choice of seven directors, of which public notice shall be


given for one week in not less than two newspapers pub-


lished daily in the city of Washington, and one paper pub-


lished in Laurel, or by written or printed personal notice to


each stockholder by the secretary or clerk of said corporation,


and in all meetings of the stockholders each share shall


entitle the holder to one vote, to be givenin person or by proxy.




 
clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1892
Volume 397, Page 363   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives