496

LAWS OP MARYLAND.

Chapter 315.

AN ACT to incorporate the Deer Creek Railroad

Company.

SECTION 1. Be it enacted by the General Assem-

bly of Maryland, That Francis T. King, Stephenson

Archer, James D. Walters, Henry W. Archer, James

Lee, Thomas A. Hays, David Harlan, John H. Price,

Commission-
ers appointed.

John Carroll Walsh, Johns Hopkins Janney, Silas

Silner, Benjamin Silner, Jr., James Crawford Neilson,

Thomas King and Christopher Wilson, be and they

are hereby appointed commissioners, under the direc-

tion of whom subscriptions may be received to the

capital stock of the Deer Creek Railroad Company

hereby incorporated; and they, or a majority of

them, may cause books to be opened at such times

and places a.s they may direct, for the purpose of

receiving subscriptions to the said capital stock of

said company, after having given such notice of the

Receive sub-

times and places of opening the same as they may

scriptions.

deem proper; and if any of said commissioners shall

die or refuse to act during the continuance of the

duties devolved on them by this act, others may be

appointed in their stead by the remaining commis-

sioners, or a majority of them.

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

of the Deer Creek Railroad Company shall be four

hundred thousand dollars, in shares of one hun-

Capital stock.

dred dollars each, which said capital stock may be

increased at the discretion of the said commissioners

or directors, to be elected as hereinafter provided,

as they may deem necessary and proper; and as

soon as five hundred shares of the said capital stock

shall be subscribed, the subscribers of said stock,

their successors and assigns, shall be and they are

Declared in-

hereby declared to be incorporated into a company

corporated.

by the name of the Deer Creek Railroad Company,

and by that name shall be capable in law of pur-

chasing, holding, selling, mortgaging, leasing and

conveying estates, real, personal and mixed, so far

as the same shall be necessary for the purposes

hereinafter mentioned, and no further; and shall

have perpetual succession by said corporation and

name, and may, by said name, sue and be sued,