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Session Laws, 1860
Volume 588, Page 493   View pdf image (33K)
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T. HOLLIDAY HICKS, ESQ., GOVERNOR.

1860.

to issue any note, token, scrip, certificate or other
evidence of debt to be used as currency.

CHAP. 324.

SEC. 21. And be it enacted, That this act of in-
corporation, shall continue in force for thirty years,
and that the General Assembly hereby reserves the
right to alter, amend or repeal this act at pleasure.

Reservation.

and that it shall take effect after the passage
thereof.

CHAPTER 324.

In force.

AN ACT to incorporate the Farmers' and Mechan-
ics' Marine Railway Company of Sharptown,
Somerset county.

Passed March
5, 1860.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That John J. Burgess, John Cooper,
Richard P. Darby, Jonathan W. Benson, Isaac J.
W. Adams, Major A. Robinson, Thomas A. Mar-
rill, Arthur McCleary and Elijah Robinson, of
Somerset county, Maryland, and their associates,
successors and assigns, be and they are hereby in-
corporated and made a body politic and corporate
by the name of the Farmers' and Mechanics' Ma-
rine Railway Company, and by that name have
perpetual succession and a common seal, with pow-
er to acquire, hold and sell and transfer estate,
real, personal and mixed, to sue and be sued, and
to exercise and enjoy all the rights, powers and
privileges, usually enjoyed by bodies politic and
corporate, and also the power to make and es-
tablish rules, by-laws and regulations for their
own government, the same not being repugnant to
any law of this State or of the United States.

Incorporated.

SEC. 2, And be it enacted, That the objects of
said corporation shall be building, repairing and
cleaning vessels and the doing ami performing of
such other acts, as are usually and ordinarily done
by Marine Railway Companies.

Objects of
corporation.

SEC. 3. And be it enacted, That the capital stock
of said corporation shall consist of not less than
fifteen hundred nor more than three thousand dol-

Capital stock.



 
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Session Laws, 1860
Volume 588, Page 493   View pdf image (33K)
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