WM. T. HAMILTON, ESQUIRE, GOVERNOR.

731

road Company," be and the same is hereby repealed,

amended and re enacted to read as follows:

SECTION 2 Be it enacted by the General Assem-

bly of Maryland, That there shall be a general

General meet-
ing.

meeting of the stockholders of said corporation on

the third Monday of January in each and every year,

for the purpose of choosing by ballot or otherwise,

thirteen members of said corporation to be directors

Choose di-

to manage the affairs thereof for twelve months, and

rectors.

until successors shall be chosen, and in all meetings

every stockholder shall be entitled to give in person

or by proxy one vote for each share of capital stock

standing in his, her or their names, on books of said

corporation.

SECTION 3. And be it enacted, That the capital

stock of the Maryland Central Railroad Company

Capital stock.

shall be two millions of dollars in shares of fifty

dollars each, which capital may be increased at the

discretion of the directors to any amount not

exceeding three millions of dollars; and said cor-

poration may receive subscriptions to its capital

stock in money, lands, or any other property, and

may merge and consolidate with any other railroad

Merge and
consolidate.

company chartered by this State or by the State of

Pennsylvania, which may be upon or connect with

its line of road; and any other railroad company

heretofore chartered by the laws of this State, or

which may hereafter be so chartered, shall have the

right to consolidate with said Maryland Central

Railroad Company upon such terms and conditions

as may be agreed upon by said companies and ap-

proved by a majority in interest of the stockholders

of the respective companies so consolidated; and

shall be capable in law of purchasing, holding, sell-

ing, leasing and conveying estates, real, personal

and mixed, so far as shall be necessary for the pur-

pose hereinafter mentioned, and no further, and

shall have perpetual succession; and said railroad

Perpetual

company may at any time, by means of subscription

succession.

to the capital stock of any other company or other-

wise, as the board of directors may determine, aid

such company in the construction of its railroad for

the purpose of forming a connection of said last

Aid in con-
struction.

mentioned road with the Maryland Central Rail-

road, or the said last mentioned railroad company

may purchase or lease any part or all of any rail-