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SECTION 1 . Be it enacted by the General Assembly
of Maryland, That Charles M. Thurston, Henry
R. Atkinson, James A. Ferguson and James J.
McHenry, and such other persons as may become
associated wih them in the manner hereinafter
provided, shall be and they are hereby constituted
a body corporate and politic by the name of the
Maryland Petroleum and Goal Company, and by
that name shall have succession and be able and
capable to sue and be sued in any court whatever,
and may have and use a common seal, and the
same alter and renew at pleasure, and shall have
and enjoy all the powers, faculties, franchises and
rights necessary and proper for carrying on the
mining of coal, and exploring, excavating and
boring for petroleum or coal oil, and for working
and operating wells or deposits thereof, and for
the transportation to market, and sale of coal, pe-
troleum, coal oil, and other products of its mines,
wells and property ; and the said corporation shall
have power and authority to purchase, lease and
hold any rights and property, real, personal and
mixed, which may be deemed necessary by the
said company for its purposes ; and shall also have
power to make and pass such by-laws, rules and
regulations for the management and government
of the affairs of said corporation and its officers,
directors and agents, as may be deemed necessary
or proper, which may also be amended, changed,
or repealed at any and all regular meetings of the
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Incorporated
— rights and
powers.
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said stockholders of said company; provided, how-
ever, that such by-Jaws shall not be repugnant to
any law of this State or of the United States ; and
provided also, that the said company shall not
own in fee, at any one time, more than five thou-
sand acres of land.
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Provisos.
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