62

LAWS OP MARYLAND.

Chapter 56.

AN ACT to incorporate the Isle of Wight Inlet and

Oyster Planting Company of Worcester County.

SECTION 1. Se it enacted, by the General Assembly

of Maryland, That Robert J. Henry, A. J. Corning,

B. H. Hainan, J. Kemp Bartlett and Charles H.

Wier, and their associates and successors, and all

other persons who may be stockholders as hereinafter

provided, are hereby constituted and made a body

Made a body
corporate.

corporate by the name of the Isle of Wight Inlet and

Oyster Planting Company of Worcester County, for

the purpose of constructing an inlet or canal for salt-

ing Isle of Wight bay and tributaries for oyster plant-

ing and farming only, the object of which shall be to

connect the waters of the Isle of Wight and Assawo-

man bays, in Worcester county, with the Atlantic

ocean, with all the works, banks, locks and appurte-

nances that may be necessary for the introduction of

salt water for the cultivation and planting of oysters ;

and by the aforesaid corporate name the said Robert

J. Henry, A. J. Corning, J. Kemp Bartlett, B. H.

Haman and Charles H. Wier, their associates and suc-

cessors, and all the persons who may be stockholders

as hereinafter provided, shall be and they are hereby

made capable in law of purchasing, holding, leasing,

selling, conveying estate, real, personal and mixed, so

far as shall be necessary and convenient for the pur-

pose aforesaid and hereinafter mentioned, and shall

Perpetual suc-

cession.

have perpetual succession; and by said corporate

name may sue and be sued, and have and use a com-

mon seal, and the same alter and renew at pleasure;

and also ordain, establish and put in execution such

by-laws, ordinances and regulations as shall seem nec-

essary for the government and management of said

corporation, and to alter and repeal the same at pleas-

ure; and shall have and exercise all the rights, powers

and privileges which corporate bodies may lawfully

possess for the purpose mentioned in this act.

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

of said corporation shall be four hundred thousand

Capital slock.

dollars, to be divided into shares of twenty-five dollars

each, which capital stock shall be personal property,

and shall be transferable in such manner as the by-