504

LAWS OF MARYLAND.

CHAP. 357.

election thereunder shall be valid ; but if a majority of said
voters shall vote against incorporation, then this Act shall be
held as utterly nnll and void.

SEC. 2. And be it enacted, This Act shall take effect from
the date of its passage.

Approved April 8, 1902.

CHAPTER 357.

AN ACT to incorporate the Kent and Cecil Light, Power
and Railway Company.

Name
of company.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the name and style of this company shall be
the Kent and Cecil Light Power and Railway Company.

object and
purpose
of company.

SEC. 2. And be it enacted. That the object and purpose
of this company shall he to provide improved communication
from that part of Kent county, Maryland, bordering on the
Chesapeake bay, by or elsewhere by the way of Chestertown,
Kent county, Maryland, and to continue through Kent county
to Cecil county, Maryland, and through Cecil county to the
Delaware line, and to provide direct communication for
transfer of passengers and freight, and for the manufacture,
use and sale of electricity, electrical machinery and supplies
on said road and branches, and in the territory adjacent
thereto.

Capital stock

SEC. 3. That the capital stock of said company shall be
fifty thousand dollars (with the privilege of increasing the
same to one million dollars), divided into two thousand shares
of twenty-five dollars each.

Commis-
sioners
appointed.

SEC. 4. William B. Usilton and J. Thomas Pennington of
Kent county, Maryland, Wilmer Emory of Baltimore city,
Maryland, Goorge M. Evans of Cecil county, Maryland,
Edwin R. Cochran, Middletown, Delaware, William A.
Comegys, Middletown, Delaware, Edwin R. Cochran, Jr.,
Wilmington, Delaware, be and they are hereby appointed
commissioners with power and authority to open books and
receive subscriptions to the capital stock of said company,
according to the terms set forth in the next succeeding
section of this Act.
SEC. 5. And be it enacted, That said commissioners, or a

Books to be
opened for
subscription:

majority of them, may cause books to be opened for the pur-
pose of receiving subscriptions to the capital stock of said com-
pany, at such time or times and at such place or places as they
may deem expedient, atter giving notice at least once a week
for three successive weeks in one or more newspapers
published in Kent and Cecil counties.