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Incorporated.
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SECTION. 1. Be it enacted by the General Assembly
of Maryland, That James D. Armstrong, William
Combs, and John J. Morrison, and such other per-
sons as may become associated with them, in the
manner hereinafter provided, shall be and they are
hereby constituted a body corporate and politic, by
the name of the Consolidation Coal Company, and
by that name shall have succession, and be able
and capable to sue and be sued, in any court what-
ever, and may have and use a common seal, and
the same alter and renew at pleasure, and shall
have all the powers, faculties and franchises and
rights necessary and proper for the carrying on the
mining of coal, and the beneficial management of
its property, and for the transportation of coal and
other products of its mines and property to market,
and shall have power and authority to purchase,
lease and hold any property, real, personal and
mixed, which may be deemed necessary by said
company for 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which may also be amended, changed, or repealed at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 stockholders of
said company; Provided, however, that such by-
laws shall not be repugnant to any law of this
State or of the United States.
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Capital stock.
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SEC. 2. And be it enacted, That the capital stock of
said company shall be divided into shares of one hun-
dred dollars each, and shall be considered as per-
sonal property, and shall be transferable in such
manner as may be provided by the by-laws of said
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