JOHN WALTER SMITH, ESQ., GOVERNOR.

113

CHAPTER 89.

AN ACT to amend the Charter of the "Chester River
Steamboat Company of Baltimore City," a corporation
duly incorporated under the General Laws of this State,
and to confirm and enlarge its powers.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the " Chester River Steamboat Company of

CHAP. 89.

Baltimore City," a body corporate, duly incorporated under
the general incorporation laws of this State, in addition to
the powers possessed by it under its certificate of incorpora-
tion and under the General Laws of this State, which said
powers are hereby confirmed, shall have and possess the
further powers, rights, privileges, enlargements and franchises
particularly mentioned in this Act ; and its said certificate of
incorporation shall be altered and amended so as to confirm,
the provisions of this Act.

SEC. 2. And be it enacted, That the said corporation shall

Further
powers,
given,.

have perpetual succession, and that it shall be managed by a
board of five directors, who shall be elected at the annual
meeting of stockholders, and shall serve for one year or until
their successors are elected and qualified.

SEC. 3. And be it enacted, That the said corporation is

Managed by
board of five
directors.

hereby authorized and empowered to have its principal office
in Baltimore city, and to conduct and carry on and prosecute
the business of navigating the waters of this and adjoining
States by steam, sail or other boats or vessels, and transport-
ing goods and passengers therein, and to conduct and carry on
their business of transporting and carrying passengers, goods,
wares, merchandise and freight in general, and to conduct and
carry on a warehousing business in this State ; and to con-
struct, own, charter or lease steamboats, wharves and docks,
and to buy, hold, sell, mortgage or dispose of any lands or
property, which may be deemed proper for the purposes of
said corporation by the directors thereof.

SEC. 4. And be it enacted, That the capital stock of said

Location of
principal
office.
Style of
business.

corporation shall be one hundred thousand dollars ($100,000),
divided into one thousand shares at a par value of one hun-
dred dollars per share.

SEC. 5. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved March 27, 1902.
8

Capital stock.