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Session Laws, 1860
Volume 588, Page 425   View pdf image (33K)
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T. HOLLIDAY HICKS, ESQ., GOVERNOR.

1860.

person or persons as they may designate and ap-
point.

CHAP. 284.

SEC. 2. Be it enacted, That the said Edward T.
Richardson, Joseph Richardson, William McClel-
land, Nicholas Hiss, George Earle and Frances
Green, shall become and they are hereby created
and constituted a body corporate by the name and
style of the Elkton, Andora and Lewisville Plank
and Turnpike Road Company, and by the same
name they and their successors and assigns shall
have all the privileges and franchises of or inci-
dent to a corporation, and shall have and enjoy all
the powers, rights, franchises, advantages, privi-
leges and immunities heretofore conferred by the
acts of assembly aforesaid, or either of them upon
the Elkton, Andora and Lewisville Plank Road
Company, including the right to construct an ad-
ditional track to the one now in use on said road
of stone, gravel, sand and dirt, so as to make a
turnpike of the same, and they shall also have
power, instead of the plank, which is now laid
down on the said road as fast as it may be neces-
sary to repair the same, to reconstruct the said road
of stone, gravel, sand and dirt, so as eventually to
change the said plank road to a turnpike road,
subject to the limitations and restrictions in and
by said acts so far as the same may not be incon-
sistent with the rights and privileges by this act
granted, and that the said road with all its appur-
tenances, and all the estate, real and personal, sold
and conveyed as aforesaid, shall be, and hereby
are vested in the said new corporation and their
successors and assigns, to be held as the property
and estate of said new corporation, and to be
managed and controlled in such manner, and by
such number of managers as the stockholders in
the said new corporation shall designate and ap-
point.

Incorporated.

SEC 3. And fie it enacted, That the said purchases
hereby incorporated, shall be authorised to make
and dispose of new stock of the said new corpora-
tion, not exceeding in amount for said new stock,
the sura of thirty thousand dollars, which said new
stock shall be preferred to all and every part of
the stock heretofore issued by the old corporation,
or that may have been subscribed on their books,
and shall be personal property in the stockholders
respectively, and shall be transferable on the

Rights vested.



 
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Session Laws, 1860
Volume 588, Page 425   View pdf image (33K)
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