1860.

LAWS OF MARYLAND.

CHAP. 323.

to Greenfield mills, to be known as the Buckeys-
town turnpike road company.

Commission-
ers to open
books.

SEC. 2. And be it enacted, That subscription books
shall be opened at Buckeystown under the direction
of David Boyd, Valentine Adams, George Markel,
James L. Davis, William Richardson and T. C.
Deleplane, for a capital stock of fifteen thousand
dollars, in shares of twenty dollars each, who are
hereby appointed commissioners for the purpose
aforesaid, who after at least twenty days notice by
publication in the newspapers of Frederick county,
of the time and place of opening said subscription
books, at which time and at each place, at least
three of the above named commissioners shall at-
tend, and shall permit all persons and corpora-
tions who shall offer to subscribe in person or by
attorney, for stock in said books, which shall be
kept open for that purpose, at least four hours in
each day, for three successive days, if necessary,
and if the whole of the capital stock be not then
subscribed for, the said commissioners may re-
open said books at such time and place as they
may think fit, under the direction of the said com-
missioners or any three of them for further sub-
scriptions from time to time until the whole of said
stock shall be subscribed for.

Organization.

SEC. 3. And be it enacted, That when one-half
or more of the shares of said stock shall have been
subscribed, the said commissioners or a majority of
them, who opened the said subscription books, shall
give thirty days notice in two newspapers pub-
lished in the county aforesaid, of the time and
place appointed by them for the subscribers to
meet, in order to organize said company, and to
choose by a majority of votes of the said subscri-
bers by ballot, to be delivered in person or by
proxy, duly authorized managers from among the
stockholders, to conduct the business of said com-
pany, until the first Monday in June eighteen
hundred and sixty, and until their successors shall
be chosen in the manner hereinafter provided; at
all elections, each stockholder shall be entitled to
one vote for every share held by said stockholder,
not exceeding thirty.

Vested rights.

SEC. 4. And be it enacted, That the subscribers
for stock of said company shall be, and they are
hereby incorporated and constituted a body poli-