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Session Laws, 1908 Session
Volume 483, Page 1227   View pdf image (33K)
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PRIVATE ACTS. 1227

CHAPTER 209.

AN ACT to incorporate the Idlewild Electric Light and Power
Company of Federalsburg, Maryland.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That J. F. Disharoon, T. H. Chambers, J. B. Wright,
Edward E. Goslin, W. R. Breeding, C. P. Wright, Henry Lee
Disharoon, all residents of the State of Maryland, and their
associates, successors, assigns, be and they are hereby created
and made a body corporate under and by the name and style
of the Idlewild Electric Light, Heat and Power Company of
Federalsburg, Maryland, and by that name shall have per-
petual succession, and shall be capable to sue and be sued,
complain and defend in any court of law or equity; to make
and use a common seal, and alter the same at pleasure; to re-
ceive and to make deeds and contracts; to acquire by pur-
chase or in any other manner take and receive, hold, use, em-
ploy, manage, dispose of, or in any manner not inconsistent
with law, deal with any property, real, personal or mixed, and
situate in or out of this State, which may be necessary or
proper to enable said corporation to carry out its operations
or fulfill the purposes named in this Act and generally to do
every other act or thing not inconsistent with law which may
be necessary or proper to promote the objects, designs and
purposes for which this corporation is formed, which are hereby
declared to be for the purposes of manufacturing electricity for
illuminating purposes, power and for all other purposes to
which electricity or magnetism may be applied, and for the sale,
transportation or other disposition of the same in Federalsburg,
Preston and Caroline county, and in Hurlock and Dorchester
county, Maryland.

SEC 2. And be it enacted, That the capital stock of said
corporation shall be forty thousand dollars, divided into six-
teen hundred shares of the par value of twenty-five dollars each,
which said capital stock may be increased by the directors, to
be elected as hereinafter provided for, to an amount not ex-
ceeding eighty thousand dollars.

SEC. 3. And be it enacted. That the persons hereinbefore
named as in corporators, or a majority of them, may cause
books to be opened at such times and places in the town of
Federalsburg, as they may elect, in which said town their
principal offices shall be located, and when four hundred or
more shares of said stock shall have been subscribed, said
incorporators, or a majority of them, shall call a general meet-
ing of the subscribers at such time and place as they may ap-
point, after having given ten days' public notice of such meet-

 

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Session Laws, 1908 Session
Volume 483, Page 1227   View pdf image (33K)
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