1292

LAWS OF MARYLAND.

CHAP. 767

Privileges
extended
and powers
enlarged.

of building, equipping, maintaining and working a railroad
from Ocean City, in Worcester county, Maryland, to Bal-
timore city, Maryland, through the counties of Wicomico,
Worcester, Dorchester, Caroline, Queen Anne's, Kent, Tal-
bot, Harford, Anne Arundel and Baltimore, State of Mary-
land, shall, in addition to the powers granted under the
provisions of the aforesaid Article 23, and the supple-
ments thereto, and the amendments thereto, such railroad
being either surface, elevated or underground, have power
to construct and operate branch roads within the State of
Maryland; to lease, buy and improve lands for pleasure
resorts along the line of their road; to lease, buy and
build wharves, houses and shops for corporate purposes ;
to charter, purchase and hold steamboats and barges, to ply
in connection with their railroad to any port or ports, place
or places whatsoever, and to contract with the owners of any
steamboat or other railroad company for the transportation
of freights and passengers to and from such railroads or
steamboats.
SEC. 2. And be it enacted. That said corporation shall have

Perpetual
existence.

perpetual existence, and shall be authorized to use steam,
electricity, or any other motive power.
SEC. 3. And be it enacted, That the incorporators mentioned
in said charter shall not be required to advertise the opening

Board of
directors.

of subscription books, as provided in said general law, but
that the board of directors shall consist of fifteen, and that
the original incorporators and William A. Mellen, Henry C.
Turnbull, Jr., Olin Bryan, George F. Taylor, William S.
Gordy, Jr., Samuel E. Wilson, Sidney R. Orem, B. Frank
Wagamon, Charles L. Moore and John A. Henkus, shall
constitute the board of directors for the first year, or until
their successors are duly elected and qualified, and that said
board of directors are hereby authorized to open books for
the subscription to the capital stock of said railway company
at such time and place, and receive subscriptions in moneys
or in property, real, personal or mixed, or in labor or ser-
vices, at such valuation as may be agreed upon between the
said company and those subscribing at the time of said
subscription, instead of pursuing the provisions of Section
250 of said Article 23 of the public general laws of Mary-
land; and said board of directors shall have power to deter-
mine in what instalments said subscriptions to said capital