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Session Laws, 1896 Session
Volume 475, Page 488   View pdf image (33K)
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488

LAWS OF MARYLAND.

Effective.

SEC. 16. And be it enacted, That this act shall take effect
from and after its passage.

Approved April 4th, 1896.

CHAPTER 278.

AN ACT to confirm and amend the charter of The Cherry
Hill, Elkton and Chesapeake City Electric Railway Com-
pany, of Cecil County.

Charter
confirmed

Name of
company.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the charter of The Cherry Hill, Elkton and Chesa-
peake City Electric Railway Company of Cecil County, a cor-
poration formed under the provisions of the general incorpora-
tion laws of this State, is hereby confirmed and made good,
and the incorporators therein named, viz, Jeremiah C. Price,
Robert A. Duhamell, John Banks, George S. Wooley, Manly
Drewnen, Charles H. Smith, Frank H. Mackie, William j.
Smith and T. Taylor Reynolds, and their successors in office,
are hereby constituted a corporation, with all the powers which
are granted to any railroad company incorporated under Article
twenty-three of the Code of General Laws of this State.

SEC. 2. And be it enacted, That the name of said corpora-
tion shall be The Cherry Hill, Elkton and Chesapeake City
Electric Railway Company of Cecil County, and the said cor-
poration, subject to the constitutional power of the General
Assembly to amend or repeal this act, shall have perpetual
succession.

SEC. 3. And be it enacted, That the capital stock of said
corporation shall he sixty thousand dollars, divided into twelve

Capital stock

Election of
directors.

hundred shares, at fifty dollars each, which said capital stock
may be increased by the president and directors of said
corporation to an amount not exceeding five hundred thousand
dollars.

SEC. 4. And be it enacted, That the persons hereinbefore
named as incorporators, or a majority of them, may cause
books to be opened at such times and places as they may elect,
and when two hundred shares or more shall have been sub-
scribed, said incorporators, or a majority of them, shall call a
general meeting of the subscribers, at such time and place as
they may appoint, after giving ten days' public notice of such



 
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Session Laws, 1896 Session
Volume 475, Page 488   View pdf image (33K)
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