634

LAWS OF MARYLAND.

CHAP. 423.

affairs of said company as they may deem advantageons to
the interest thereof ; provided, the same be not contrary to
the law of the land.

Subject to
certain
provisions.

SEC. 16. And be it enacted, That said company shall be
subject to the provisions of the Acts of 1892, chapters 109
and 279, or amendments and supplements thereto, and by the
Acts of 1896, chapter 160, so long as said Acts shall respect-
ively remain in force.
SEC. 17. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 8, 1902.

CHAPTER 424.

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

Object and
purpose.

SEC. 2. And be it enacted, That the object and purpose of
this company shall be to provide improved communication
between Chestertown and the Chesapeake bay and elsewhere
in Kent county, in the State of Maryland, 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. And be it enacted, That the capital stock of said
company shall be ten thousand dollars, with the privilege of
increasing the same to one million .dollars.

Commission-
ers appointed

SEC. 4. And be it enacted, That William W. Beck, Lewin
W. Wicks, Charles S. Smith, L. Bates Russell, Horace B.
Counstable and William G. Smyth be and they are hereby
appointed commissioners, with power and authority to open
books and receive subscription to the capital stock of said
company, according to the terms set forth in the next succeed-
ing sections of this Act.

Books opened
for
subscriptions
to capital
stock.

SEC. 5. And be it enacted, That the said commissioners, or
a majority of them, may cause books to be opened for the
purpose of receiving subscriptions to the capital stock of such
company, at such time or times, and at such place or places as
they may deem expedient, said books to be open until the
amount of subscriptions necessary for the organization of
said company shall have been obtained; and the remaining

commissioner, or a majority of them are authorized to