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Session Laws, 1906 Session
Volume 479, Page 208   View pdf image (33K)
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208 LAWS OF MARYLAND.

CHAP. 160

CHAPTER 160.

AN ACT to incorporate the Hyattsville Gas and Electric
Company.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Wallace A. Bartlett, C. A. M. Wells, R. N. Ryon,
William A. Guista, Percy H. Veitch, T. J. Haynard and A.

Body corporate

S. Miller, and their associates, successors and assignee, be
and they are hereby erected and made a body corporate by
the name and style of the Hyattsville Gas and Electric
Company, and by that name shall have perpetual succession.

SEC. 2. And be it enacted, That said company by that name
shall be capable in law to sue and be sued, to make and use

Capable in law
to sue and be
sued, etc.

a common seal and alter the same at pleasure, to acquire by
purchase or otherwise, and to hold, use and dispose of or
deal with in any manner not inconsistent with law any prop-
erty, real or personal, whether situated in or out of this
State, which may be deemed necessary or desirable to
enable said company to carry out any of its operations or
fulfill any of the purposes named in this Act, and generally
to do any other act or thing which may be deemed necessary
or desirable to promote the purpose for which said company
is formed.

SEC. 3. And be it enacted, That the capital stock of said
company shall consist of five hundred shares of the par

Capital stock.

value of one hundred dollars each, with the right at any
time to increase the same in the manner now provided by
the general incorporation laws of the State; and the above-
named incorporators, or a majority of them, shall have power
to open books for subscription to said stock at such time
and place as they may deem expedient, and when ten of said
shares have been subscribed to and twenty-five per cent, of
the par value thereof has been paid in cash to said incor-
porators, the subscribers to said capital stock shall meet,
and by a majority vote shall elect five directors to serve until
the next ensuing election, or until their successors have been
duly elected; and when said directors have been so elected,

Directors
elected.

they shall proceed to elect officers, and shall thereupon have
and exercise, in the name and on behalf of the company, all
the rights, powers and privileges granted to the company by
this Act.



 

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Session Laws, 1906 Session
Volume 479, Page 208   View pdf image (33K)
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