JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 395
CHAPTER 251.
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AN ACT to incorporate the Green Serpentine Mar-
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ble Company of Harford county, Maryland.
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SECTION 1. Be it enacted by the General Assembly
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.
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of Maryland, That Abraham P. McCombs, Enoch
McCollough, Joseph L. McDaniel and William Scot-
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len, of Maryland, E. Mortimer Bye, of Delaware,
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Delaplain McDaniel and Thomas Baumgardner, of
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Corporation
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Pennsylvania, their associates, successors and as-
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created
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signs, be and they hereby are created a body corpo-
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rate, by the name and style of the Green Serpentine
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Marble Company of Harford county, and by that
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name shall have perpetual succession, and shall be
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Powers.
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capable in law to hold and dispose of property, real,
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personal and mixed, fee simple or leasehold, to sue
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and be sued, to plead and be impleaded, and answer
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and defend, and be answered and defended, in any
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court of law or equity, and in any other place what-
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soever; to receive and make deeds, to make con-
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tracts, to have and use a common seal, and renew,
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alter and change the same at pleasure; to ordain and
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establish such by-laws, ordinances and regulations
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as may appear necessary for regulating the concerns
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of said corporation, not being contrary to this act
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or to the constitution and laws of this State or of
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the United States, and to do all such acts and things
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as shall be necessary and proper for the quarrying,
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mining, manufacturing, transportation and sale of
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Serpentine Stone, or any stone or mineral substance
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to be quarried or mined in Harford county, State of
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Maryland.
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SEC. 2. And be it enacted, That the capital stock
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of this corporation be two hundred and fifty thou-
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Capital stock.
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sand dollars, divided into five thousand shares of
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fifty dollars each, and the said corporation shall have
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power at any time to increase its capital stock to
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any sum not exceeding one million dollars, by new
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subscriptions or by converting a portion of the net
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profits into new stock, and distributing the same
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among the stockholders, according to their respec-
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tive interest in said corporation, and may reduce the
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Reduce capi-
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capital stock of said corporation whenever the same
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tal stock.
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