410
LAWS OF MARYLAND.
Passed May
26, 1853.
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CHAPTER 290.
AN ACT to incorporate the Church Creek Wharf Company,
at Church Creek, in Dorchester
county.
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Incorporated.
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SECTION 1. Be it enacted
by the General Assembly
of Maryland, That Amos Bowule, Thomas Willis,
Zacharia W. Linthicum, William Mace, Thomas
Mace, John R. Martin, John R. Keen, Joseph Todd,
Thomas L. E. Carroll, Thomas C. Jones, John Byus,
senior, John Byus, junior, and their associates, successors
and assigns, be, and they are hereby created as a corporation
and body politic, by the name and style of the
Church Creek Wharf Company, and by that name may
have succession, and shall be able and capable in law
to sue and be sued, plead and be impleaded, answer
and be answered unto, in any court of law or equity in
this State, and to make and use a common seal to ordain
and establish such by-laws and regulations as shall
be necessary and convenient for conducting the affairs
of said corporation, not contrary to law.
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Capital stock.
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SEC. 2. And be it enacted,
That the capital stock
of said company shall not exceed the sum five hundred
dollars, to be divided into shares of shares of ten dollars
each.
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Election of
president and
directors.
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SEC. 3. And be it enacted,
That for the management
of the affairs of the company, the stockholders
shall elect a president and not over five directors, to
manage the affairs for one year, or until their successors
shall be elected, a majority of whom shall form a
quorum or board for the transaction of business.
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Stock.
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SEC. 4. And be it enacted,
That the stock of the
company shall deemed personal estate.
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Tolls.
Proviso.
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SEC. 5. And be it enacted,
That the company shall
have full power and authority to levy, charge and collect
from all vessels of every description whatsoever,
using said wharf, the same reasonable tolls or wharfage
that may now be sanctioned by law or usage in this
State, and in the same manner, and to be collected as
other small debts are; Provided, that nothing herein
contained shall be so construed as to effect the rights of
private or public property.
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Banking forbid.
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SEC. 6. And be it enacted,
That nothing herein
contained shall be so construed as granting banking
privileges to said company or exempting their property
from taxation.
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