ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

685

James J. Lindsay, and their successors, be and
they are hereby constituted a body corporate
and politic, under the name and style of "The
Baltimore County Water Company," and by that
name shall have perpetual succession.
SEC. 2. And be it enacted, That the said com-
pany, under the above name and style, shall be
capable in law to sue and be sued, to plead and
be impleaded, to answer and be answered in any

Incorporated.

court of law or equity; to make and use a com-
mon seal, and to alter the same, and generally
to do and perform all such acts and make all
such agreements and contracts; and purchase,
lease, hold, use and possess such lands, water-
rights, powers and privileges, tenements, goods
and chattels as may be necessary for collecting
streams of water, elevating, preserving, using
and distributing the same as the means of abund-
antly supplying with pure water the public and
private houses, streets, squares, lanes, alleys and
other places in the villages of Towsontown,
Lutherville, Govanstown and the country adja-
cent and contiguous thereto, and between said
villages and the city of Baltimore, and for prop-
erly disposing of the said water, and such other
powers as may be necessary to carry into effect
the purpose of this act.
SEC. 3. And be it enacted, That the capital
stock of the said company shall consist of one
thousand shares, at fifty dollars each, being
fifty thousand dollars, with the privilege to in-

Powers grant-
ed.

crease the same by a vote of the stockholders at
a special meeting, to be called for that purpose,
to one hundred thousand dollars ; and the cor-
porators or a majority of them named in this
act shall have power to open books for subscrip-
tions at such times and places as they may deem
expedient, and when not less than four hundred
shares have been subscribed ; and when fifty per
centum thereon has been paid in, the stockhold-
ers may elect five directors to serve until the
ensuing annual election, or until their succes-
sors shall have been duly elected and qualified ;
and the directors so elected of said company,
when it shall have organized, may and they are
hereby authorized and empowered to have and
exercise, in the name and behalf of the company,

Capital stock.