A. W. BRADFORD, ESQUIRE, GOVERNOR

leges and rights proper and necessary for carrying
on the mining of coal and the distilling of coal or
other carbonaceous substances for the production,
of oils, vapors, gases, etc., and for transporting to
market and vending the produce of their lands,
mines and manufactories; and shall have power
to take, purchase and hold all such property, real,
personal and mixed, as they may require for the
purposes aforesaid, and shall have power to make
and enter into all manner of contracts in relation
to the business and property aforesaid.

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Sec. 2. And be it enacted, That the capital stock
of said company shall consist of five thousand
shares of one hundred dollars each.

Capital stock.

Sec. 3. And be it enacted, That books of subscrip-
tion to the capital stock of said company shall be
opened at such time or times and at such place or
places as the said corporation may designate, un-
der the supervision of any two or more of them ;

Books to be
opened.

provided, that public notice of the time and place
of opening such books for subscription shall be
given at least three weeks before the time fixed
therefor in some newspaper printed in the city of
Cumberland.

Proviso.

Sec. 4. And be it further enacted, That any per-
son or persons subscribing for any part of the cap-
ital stock of the said company shall be authorized
to pay for the same, or a part thereof, by a convey-
ance or transfer to said company of any real or
personal estate necessary or useful in carrying on
the business of said company or by the transfer or
assignment of any invention or patent right neces-
sary or useful in carrying on the operations or
business of said company at such price or prices as
may be agreed upon between such subscriber or
subscribers and the President and Directors of said
Company, or a majority of them.

Authorized
to pay.

Sec. 5. And be it further enacted, That as soon
as one thousand shares of the capital stock of said
company shall be subscribed for the said corpora-
tors shall have power to call a general meeting of
the stockholders at such time and place as they
shall appoint, upon giving not les's than twenty
days notice thereof in some newspaper printed in
the city of Cumberland, at which meeting the
said stockholders shall elect a President and five

General meet-
ing to be called