PRIVATE ACTS. 1427

CHAPTER 347.

AN ACT to incorporate The Home Manufacturing Light and
Power Company.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That James F. Powers, Edward Deibert, Reuben A.
Deibert, Elmore Deibert, William S. Evans, W. Sterling Evans
and Emerson R. Crothers, all residents of the State of Mary-
land, and their successors and assigns, be and they are hereby
created and made a body corporate under and by the name and
style of "The Home Manufacturing Light and Power Com-
pany," and by that name shall have perpetual succession and
shall be capable to sue and be sued, complain or defend in any
court of law or equity, to make and use a common seal and
alter the same at pleasure, to receive and make deeds and
contracts, to acquire by purchase or in any other manner, take
and receive, hold, use, employ, manage, mortgage, dispose of,
or in any manner not inconsistent with law deal in any.
property, real, personal or mixed, and situate in or out of this
State, which may be necessary and proper to enable said cor-
poration to carry out its operations or fulfill the purposes
named in this Act, and generally to exercise all the rights,
powers, privileges and benefits conferred upon corporations of
a like class incorporated under the general incorporation laws
of this State, and to do every other act or thing, not incon-
sistent with the law, which may be necessary or proper to
promote the object, design and purposes for which this cor-
poration is formed, which are hereby declared to be for the
following purposes to wit: To manufacture electricity for
illuminating and motive power and all other purposes to which
electricity or magnetism may be applied or used, and for the
sale, transportation or other disposition of the same in Cecil
County, Maryland, and also for manufacturing, constructing,
making and repairing all kinds of machinery and appliances
in the construction and repair of which wood, iron or other
material is used, and for making and disposing of any kind
of illuminating or lighting commodity and dealing in oil for
illuminating or other purposes.

SEC. 2. And be it enacted, That the capital stock of said
corporation shall be forty-five thousand dollars, which shall be
divided into nine hundred (900) shares of the par value of fifty
dollars ($50) each, and that five hundred (500) shares shall be
common stock and the remaining four hundred (400) shares
shall be preferred stock, which said capital stock may be
increased by the president and directors, with the consent of
the stockholders, to an amount not exceeding one hundred
thousand dollars.