1890

LAWS OF MARYLAND.

	CHAP. 463	pose aforesaid, so, however, as not to prevent the free and convenient travel over such public road, street, bridge or
	Authority to use any public road, etc., for the purpose aforesaid.	highway by any citizen after having first obtained the con- sent of the County Commissioners or of the authorities of such incorporated town or city, as the case may be; and the said company is hereby authorized and empowered to acquire such rights of way or the use of lands as it may find needful or convenient and advantageous to the construction and operation of such railway lines, electric plants or quarries, or for the construction and operation of such lines, con- ductors, conduits and the erection of poles and wires as may be convenient and needful for its use, by purchase, gift or grant, and for the purpose of obtaining such rights of way as may be needed by said company in any of its operations ; when said company cannot agree with the owner of such needed property, or where the owner is feme covert, under age, or non compos mentis, or under other legal disability, or is not of either of said counties wherein such property may
	May condemn property.	lie when said property may be needed, said company may proceed to condemn and acquire the use thereof in the manner provided in Article 23 of the Code of Public General Laws of Maryland. 5. And be it further enacted, That the capital stock of said company shall be ten thousand dollars ($10,000), to be
	Capital stock.	divided into one hundred shares of the par value of one hundred dollars each, with the privilege of increasing the cap- ital stock from time to time by vote of the stockholders at a special meeting held for that purpose to a sum not to exceed five hundred thousand dollars ($500,000), and all subscrip- tions to such stock shall be paid at such times as the board of directors may determine, and no stockholder shall be liable for more than the amount of his unpaid subscription to such stock at its par value. 6. And be it further enacted, That it shall be lawful for said company to own and hold the stock of any other corporation
	May own and hold the stock of other corpo- rations, etc.	now incorporated, or which may be hereafter incorporated, for any one or more of the purposes set forth in this Act, and said company may acquire by lease, purchase, merger, consolida- tion or otherwise the property and franchise of any such corporation in such manner and form, and to such extent as may at present or hereafter be authorized by the laws of the State to which such corporation may belong; and this com-