FRANCIS THOMAS, ESQUIRE, GOVERNOR.

1841.

Sec. 4. And be it enacted, That nothing in this act be
construed so as to authorize the said corporation to issue
note, token, device, scrip or other evidence of debt, to be
used as currency.

CHAP. 69.

Banking for-
bid.

Sec. 5. And be it enacted, That this act of incorporation
shall inure for thirty years from its passage; and that the le-
gislature reserves to itself the right to alter or annul this act
of incorporation at pleasure.

In force

Rights reser-
ved

CHAPTER 69.

A further supplement to the act entitled, an act to incorpo-
rate The Canton Company of Baltimore, passed at De-
cember session, eighteen hundred and twenty-eight, chap-
ter one hundred and fifty-nine.

Passed Feb
1, 1842.

Whereas, the Canton Company of Baltimore, have re-
presented to this General Assembly, that twelve thousand
five hundred shares have been subscribed to the capital
stock of said corporation, upon each of which shares, has
been paid the sum of sixty-five dollars; and have also re-
presented that the limitation of the capital of the corpora-
tion to the amount so already paid, and accordingly limiting
the shares of stock to the number aforesaid, while it has
assured to the undertaking an adequate capital, will maintain
the stock at a stable and substantial value, and will best pro-
mote the utility of the corporation—therefore,

Preamble,

Be it enacted by the General Assembly of Maryland,
That the second section of the act to which this is a supple-
ment, be and the same is hereby repealed so far as it author-
ises subscriptions of stock to extent of twenty thousand
shares, and fixes the amount of each share at one hundred
dollars; and that the capital stock of said corporation, be
and the same is hereby fixed and limited at twelve thousand
five hundred shares now subscribed, and of the amount and
value of sixty-five dollars for each share, as now paid to

Capital stock
reduced

said corporation; provided, however, that this act shall have
no effect, unless it be accepted at a general meeting of the
stockholders owning a majority of the shares of the stock;
notice being given, that at such meeting this act will be sub-
mitted for consideration.

Proviso.