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JOHN WALTER SMITH, ESQ., GOVERNOR.
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865
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SEC. 5. And be it enacted, That the president and directors
for the time being of said company shall have the power to
call for the payment of subscriptions of the capital stock as
they may deem necessary under the penalty of the subscriber
forfeiting to the said company prior payments, thirty days'
notice being previously given, and all advantages and liabili-
ties as such subscriber or stockholder ceasing.
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CHAP. 604.
Subscriptions
of capital
stock may be
called for.
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SEC. 6. And be it enacted, That the stock of said company
shall be deemed personal and shall be liable for its debts, that
the stockholders individually shall not be liable therefor, and
a service of any judicial process on the president will be suffi-
cient on the company.
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Stock of com-
pany liable
for debt.
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SEC. 8. And be it enacted, That if any person or persons
shall acquire any of the property, machinery, appliances,
buildings or any of the works of the corporation they shall
forfeit and pay the damages sustained therein to be recovered
in a suit in the name of the said company before any Court
or justice of the peace having cognizance thereof.
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Damages to
be paid.
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SEC. 8 1/2. And be it further enacted, That nothing in this
Act shall be construed to permit said company to operate in
the city of Baltimore except for the construction, equipment
and fitting up of a market house in said city ; provided, how-
ever, before this can be done that the consent of the Mayor
and City Council of Baltimore must be first obtained by ordi-
nance passed in conformity with the provisions of the Act of
1898, chapter 123, known as the "City Charter."
SEC. 9. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 11, 1902.
CHAPTER 605.
AN ACT to Incorporate the "Commercial Trust Company"
of Salisbury, Maryland.
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How to
be construed.
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SECTION 1. Be it enacted by the General Assembly of
Maryland, That William J. Downing, L. E. Williams, R. D.
Grier. Lacy Thoroughgood, Samuel A. Graham, W. H.
McConkey, D. W. Perdue, and their associates, successors
and assigns, and all other persons who may hereafter become
stockholders in the company hereby incorporated, shall be and
are hereby constituted a body corporate by the name and style
of Commercial Trust Company of Salisbury, Maryland, and
by that name shall have perpetual succession and shall be com-
petent to sue and be sued in any Court of Law or Equity what-
ever, to have and to use a common seal and to alter the same
55
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Body
corporate.
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