FRANK BROWN, ESQUIRE, GOVERNOR.

937

CHAPTER 700.

AN ACT to incorporate a Turnpike and Tramway Company,

to be known as the Baltimore and Washington Turnpike

and Tramway Company.

SECTION 1. Be it enacted by the General Assembly of

Maryland, That Charles H. Stanley, Daniel Ammen, Benja-

Incor-

min F. Beall, Lewis Ford, Charles F. Shaffer, Charles B.

porated.

Calvert, C. F. Fleister, George W. Kellogg, Edward Phelps,

Harry C. Frost, M. W. Chollos, Robert Ober, Ellery Coffin,

General John Gill, of Baltimore City, S. Gambrill and

James Brittenhouse, both of Prince George's County and

W. H. Baldwin, of Baltimore City, be and they are

hereby appointed incorporators, who shall cause books to

be opened in Washington City, Baltimore City and such

other places along the contemplated line of said road, at

such times and places as they or a majority of said incor-

porators may deem advisable for the purpose of receiving

subscriptions to the capital stock of the company incorpo-

rated by this act, notice having been given, as the said

incorporators, or a majority of them, may deem expedient, of

the time and place of opening said books, and continue the

same open from time to time, as long and as often as they

may find necessary to complete such subscription.

SEC. 2. And be it enacted, That the capital stock of said

compauy shall be one hundred and fifty thousand dollars, in

Capital
stock.

shares of twenty dollars each, with authority to increase

said capital stock to three hundred thousand dollars ; and

all individuals and bodies corporate are hereby authorized

and empowered to subscribe for such amount of said stock

as they may think proper.

SEC. 3. And be it enactde, That whenever oue-tenth of the

shares of the said stock shall be subscribed for, then the

Name.

said subscribers shall be declared to be incorporated by the

name of " Baltimore and Washington Turnpike and Tramway

Company " for the making of a turnpike road from the north-

eastern limit of the District of Columbia to the city of Balti-

more, and by said name to have succession, and shall be

capable in law to have, hold, purchase, possess and enjoy to

them and their successors lands and tenements, chattels and

effects of what kind nature or qualtity soever, and to borrow

money for corporate purposes or uses, not exceeding in the

aggregate five thousand dollars per mile, and to mortgage

the property of the said company for that purpose, road-bed

and profits ; and to do all other acts necessary for carrying

into effect the object of this act of Assembly, and the same