LLOYD LOWNDES, ESQUIRE, GOVERNOR.

555

SEC. 12. No powers conferred in this charter shall interfere
with the corporate rights and vested properties of Chesapeake
and Ohio Canal Company; but this company shall have tho
right to cross with its power-transmission lines the said canal
company's canal and other properties in such a manner as not
to interfere with traffic or the practical operation of said
canal.

Not to inter-
fere with C.
& O. Canal.

SEC. 13. The principal office of this company shall be
located in Montgomery county.

Principal
office.

SEC. 14. The General Assembly of Maryland reserves the
right to alter, amend or repeal this charter.

Right of
repeal.

SEC. 15. And be it enacted, That this act shall take effect
from the date of its passage.

Approved April 4th, 1896.

CHAPTER 309.

AN ACT to Incorporate the International Trust Company of
Maryland.
SECTION 1. Be it enacted by the General Assembly of Mary

Effective.

land, That William H. Bosley, Angas Cameron, David Sloan,
George W. Edwards and Albert A. Doub, and their associates,
successors and assigns, and all other persons who may hereafter
become stockholders in the company hereby incorporated, shall
be a body corporate by the name and style of "International
Trust Company of Maryland," and by that name shall have
perpetual succession, and sue and be sued in any court whatever.

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

A body cor-
porate.

company shall consist of five thousand shares at $100 each,
being $500,000, with the privilege to increase the same from
time to time by a majority vote of all the stock at a special
meeting to be called for that purpose, to $5,000,000, and the
above-named incorporators, or a majority of them, shall have
power to open books for subscription at such times and places
as they may deem expedient, and when not less than two thou-
sand shares have been subscribed and fully paid for the stock-
holders may elect seven or more directors to serve until the
ensuing annual election or until their successors have beeu duly
elected and qualified, and the directors of said company so
elected may, and they are hereby authorized and empowered

Capital stock.