T. HOLLIDAY HICKS, ESQ., GOVERNOR.

1880,

the direction of whom subscription may be received
to the capital stock of the People's Gas Company
of Baltimore city, hereby incorporated; and they or
a majority of them may cause books to be opened
at such times and at such places in the city of Bal-
timore as they may direct, for the purpose of re-
ceiving subscriptions to the said capital stock of the
said company,, after having given notice of the
times and places of opening the same by advertise-
ment inserted daily in at least three of the daily
papers of said city for at least five consecutive days
preceding the day on which said books shall first
be opened, and the said books shall then be kept
open daily from the hour of nine, A. M., to the
hour of three, P. M., for five days, or until there
shall have been obtained subscriptions to said stock
to amount necessary for the incorporation of said
company, and in case of such amount of subscrip-
tion shall not be obtained within such five days
the said commissioners, or a majority of them, may
again, from time to time, during the period of two
years from the passage of this act, open said books
for further subscriptions until the requisite amount
be obtained, they first giving notice of the times
and places of such future opening in like manner
as herein directed for the first opening of said
books, and if any of said commissioners shall die or
refuse to act during the continuance of the duties
imposed upon them by this act, another may be
appointed in his stead by the remaining commis-
sioners or a majority of them.

CHAP. 291.

SEC. 2. And be it enacted, That the capital stock
of the People's Gas Company of Baltimore shall be
ten hundred thousand dollars, in shares of twenty-
five dollars each, which said capital may be in-
creased by the president and directors to be elected
as hereinafter provided, for any amount not exceed-
ing two millions of dollars, and as soon as the
amount of one hundred thousand dollars, or four
thousand shares of the said capital stock, shall be
subscribed, the subscribers to the said stock, their
successors and assigns, shall be and they are hereby
declared to be incorporated into a company by the
name of the People's Gas Company of Baltimore,
and by that name shall be capable of purchasing
holding, selling and conveying estates, real, per-
sonal and mixed, so far as may be necessary for the
purposes of their incorporation and no further, and

Capital stock.