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Incorporated.
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SECTION 1. Be it enacted by the General Assembly
of Maryland, That George S. Brown, Charles De
Garmendia, E. C. Wambersie, Henry R. Hazle-
hurst, James E. Ramsay, Samuel J. Pentz and
Alfred Jenkins, their successors and assigns be,
and they are hereby incorporated by the name of
the Baltimore and Havana Steamship Company,
for the purpose of establishing and currying on a
line of steamships between the cities of Baltimore
and Havana, with liberty to touch and stop at the
city of Charleston, or to establish and carry on a
line of steamships to that place; and also with lib-
erty to establish and carry on a line of steamships
to the city of New Orleans, and touch and stop at
the city of Havana; and said company shall have
and possess, all the powers proper for said objects,
and especially, shall have power to build, buy,
charter or hire, such vessels, to erect, purchase,
lease or rent, such warehouses and wharves, to buy
and sell goods, wares and merchandise; and to ap-
point such officers and agents as the Board of Di-
rectors of said company shall deem necessary or
proper.
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Capital.
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Sec. 2. And be it enacted, That the capital of
said company shall consist of such amount not ex-
ceeding five hundred thousand dollars, as may by
the Board of Directors of said company, from time
to time, be deemed necessary or expedient; and shall
be divided into shares of one hundred dollars each,
to be subscribed for or disposed of in such manner
as the said board may direct.
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Management.
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Sec. 3. And be it enacted, That the management
and control of the business and concerns of said
company shall be vested in seven Directors, to be
elected annually from among the stockholders, four
of whom shall constitute a quorum for the transac-
tion of business, and one of whom shall by said
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