DANIEL MARTIN, ESQUIRE, GOVERNOR,

1828

liam Barr, William S. Parker, Thomas W. Jamison, William
Hooper, Thomas Coogner, Andrew Munks, William G.
Hanson, James M'Intire, S. Messersmith, Joseph Ross,
James Menzres, Stephen H. Ford, James B. Stansbury,
James Byas, Sarah Jane Little, Edward Dennison, James
Wilkinson, John Wilson, Jesse Haslup, Joseph Owines, J.
J. Harwood, William Scharf, Hannah Webster, James
Johnston, Joseph K. Stapleton & Son, William Rose, Catha-
rine Dobbin, Robert A. Dobbin, George W. Dobbin, Samuel
Sweetzer, Margaret Barney, David Grieves, Jno. A. Web-
ster, James Thompson, and all such other persons as shall
hereafter become subscribers to the capital stock of the Phoe-
nix Shot Tower Company of Baltimore, their successors and
assigns, shall be and they are hereby made and created a
corporation and body politic by the name and style of The
Phoenix Shot Tower Company of Baltimore, and by that
name shall sue and be sued, implead and be impleaded, an-
swer and be answered, defend and be defended, in all courts
ef competent jurisdiction, and as such may have and use a
common seal, and change and alter the same at their plea-
sure.

CHAP. 18.

Sec. 2. And be it enacted, That the said company shall
have power to erect and establish one or more shot towers,
and necessary buildings, in or adjacent to the city of Bal-
timore, for the manufactory of shot, or conducting any
branch of manufactory necessarily connected therewith.

May establish shot

towers

Sec. 3. And be it enacted, That the capital stock of said
company shall not exceed one hundred thousand dollars, in,
shares of one hundred dollars each, to be paid in such in-
stalments, at such times as the president and directors of
said company may ordain; that the stockholders of said com-
pany who shall neglect to pay in any instalment after thirty
days notice being given by the president in any of the news-
papers published in the city of Baltimore, shall forfeit to
said company whatever sum or sums he, she or they, may
have paid, and cease to be members of said company; and
the said company, for the purpose aforesaid, and no other,
may extend their business, and in order thereto may erect
one or more shot towers in or adjacent to said city, and may
purchase and hold such lands as may be necessary for the
erection of the same, and may increase their capital stock

Capital stock

by receiving additional subscriptions thereto; Provided ne-
vertheless, that such increase shall not exceed the sum oi
one hundred and fifty thousand dollars.

Proviso

Sec. 4. And be it enacted, That the business and af-
fairs of said corporation shall be conducted, and be un-
der the directions and control of a president and eight
directors, to be elected annually, on the third Monday of
April; and that in order to the election thereafter of said
president and directors, there shall be an annual meeting of

President and di-

rectors. Votes