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Session Laws, 1878
Volume 399, Page 192   View pdf image (33K)
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192

LAWS OF MARYLAND.

Authorizing

Commissioners of Frederick county, are hereby au-

subscription

thorized and empowered to subscribe for such amount


of said stock as they may think proper, provided,


nevertheless, that at the time of making the sub-


scription to said stock, there shall be paid to the


said commissioners, upon such shares, the sum of


five dollars per share, and the residue thereof shall

Manner of

be paid at such time and in such manner as may

payment.

be prescribed by the president and directors of said


company, and provided further, that the County


Commissioners of Frederick county shall not sub-


scribe more than one-tenth of the estimated cost of


said road, and upon the completion of said turnpike


road no further appropriation of any kind shall be
made by said County Commissioners for the support


or maintain ance of said road.


SEC. 3. And be it enacted, That whenever one-half


of the shares of the said stock shall be subscribed,

Shall be de-

then the said subscribers shall be declared to be in-

clared incor-
porated.

corporated by the name of the Unionville and Union-
bridge Turnpike Company, for the purpose of ma-


king a turnpike road, from Unionville, in Frederick


county, to intersect the Unionbridge turnpike road,


at or near the dwelling house of Daniel Wolf in the


same county, and by said name shall have succession

Be capable

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

in law.

and enjoy to them and their successors, lands, tene-


ments, chattels and effects, of what kind, nature or


quantity soever, necessary for carrying into effect
the objects of this act of Assembly, and the same to


grant and dispose of, to sue and be sued, plead and


be impleaded in any court of record, or any place


whatsoever, to make and use a common seal, and the


same to alter at pleasure, and also to ordain, estab-

By-Laws not

lish and put into execution such by-laws and regula-

repugnant to

tions as shall seem necessary and convenient for the

constitution

government of the said corporation and the manage-


ment of its affairs, provided, the same be not repug-


nant to the constitution and laws of this State, or of


the United States, provided that the southern ter-


minus of said turnpike road shall be the creek run-


ning across the main street or road in the said village


of Unionville.


SEC. 4. And be it enacted, That whenever shares


to the extent of one-half of said capital stock shall



 
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Session Laws, 1878
Volume 399, Page 192   View pdf image (33K)
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