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Session Laws, 1878
Volume 399, Page 395   View pdf image (33K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 395

CHAPTER 251.

 

AN ACT to incorporate the Green Serpentine Mar-

 

ble Company of Harford county, Maryland.

 

SECTION 1. Be it enacted by the General Assembly

.

of Maryland, That Abraham P. McCombs, Enoch
McCollough, Joseph L. McDaniel and William Scot-

 

len, of Maryland, E. Mortimer Bye, of Delaware,

 

Delaplain McDaniel and Thomas Baumgardner, of

Corporation

Pennsylvania, their associates, successors and as-

created

signs, be and they hereby are created a body corpo-

 

rate, by the name and style of the Green Serpentine

 

Marble Company of Harford county, and by that

 

name shall have perpetual succession, and shall be

Powers.

capable in law to hold and dispose of property, real,

 

personal and mixed, fee simple or leasehold, to sue

 

and be sued, to plead and be impleaded, and answer

 

and defend, and be answered and defended, in any

 

court of law or equity, and in any other place what-

 

soever; to receive and make deeds, to make con-

 

tracts, to have and use a common seal, and renew,

 

alter and change the same at pleasure; to ordain and

 

establish such by-laws, ordinances and regulations

 

as may appear necessary for regulating the concerns

 

of said corporation, not being contrary to this act

 

or to the constitution and laws of this State or of

 

the United States, and to do all such acts and things

 

as shall be necessary and proper for the quarrying,

 

mining, manufacturing, transportation and sale of

 

Serpentine Stone, or any stone or mineral substance

 

to be quarried or mined in Harford county, State of

 

Maryland.

 

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

 

of this corporation be two hundred and fifty thou-

Capital stock.

sand dollars, divided into five thousand shares of

 

fifty dollars each, and the said corporation shall have

 

power at any time to increase its capital stock to

 

any sum not exceeding one million dollars, by new

 

subscriptions or by converting a portion of the net

 

profits into new stock, and distributing the same

 

among the stockholders, according to their respec-

 

tive interest in said corporation, and may reduce the

Reduce capi-

capital stock of said corporation whenever the same

tal stock.



 

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Session Laws, 1878
Volume 399, Page 395   View pdf image (33K)
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