T. HOLLIDAY HICKS, ESQ., GOVERNOR.

1860.

that name and style shall and may have perpetual
succession, and be capable in law of purchasing,
holding, improving, contracting for ground or
grounds, lot or lots, building or buildings, and
every and all materials required or deemed neces-
sary to use in, and for the erection and furnishing
complete in every particular, a first-class hotel,
near to or in the vicinity of the Camden Station, of
the Baltimore and Ohio Railroad company, for the
better accommodation of the traveling community
and citizens generally; to construct, use, rent,
lease, hire or purchase, lots, lands, houses, and
buildings, for the use and erection of said first-
class hotel, also the right to rent, lease or conduct
said hotel, and may sue and be sued, plead and be
impleaded, answer and defend, and be answered
and defended in all courts of law and equity, and
may have and use a common seal, which they may
alter or renew at pleasure; do every other act or
thing necessary to carry into working effect, the
provisions, objects, purposes and desires of this act.

CHAP. 348.

SEC. 2. And be it enacted, That the said parties
as heretofore named, viz; S. Parkhurst, Robert H.
Archer, P. J. Bartholow, James P. Archer and
John E. Wilson, or such two or more of them as
the others shall for that purpose authorise or ap-
point, may take and receive subscriptions to the
capital stock of said Merchants' Hotel company,
on such terms as they or a majority of them may
designate, or choose in shares of twenty dollars
each, to any amount not exceeding ten thousand
shares, and any person or persons who shall become
a holder or holders, or entitled to one or more
shares of said stock, shall thereupon become a mem-
ber of the Merchants' Hotel company, of the city
of Baltimore, hereby incorporated; and every per-
son or corporation on being divested of all shares
of the said, stock by transfer or otherwise, shall
thereupon cease to be a member of said company,
and until an election of officers shall have been
made, as hereinafter provided for, the said S. Park-
hurst, Robert H. Archer, P. J. Bartholow, James
P. Archer and John E. Wilson, or a majority of
them, shall have and may exercise all the corporate
powers and rights of the Merchants' Hotel com-

Subscriptions.

pany, of Baltimore city, and shall manage the
affairs and transact the business of said company,
until the first annual meeting hereinafter provided

Management
of business.