LAWS OF MARYLAND.

1843

county road, called the Liberty road, following and using
the bed of said road, as far as may be practicable for the
distance of twelve miles from Baltimore.
Sec. 2. And be it enacted, That a subscription book
shall be opened in the city of Baltimore, for a capital stock
of twenty thousand dollars, in shares of ten dollars each,
under the direction of Patrick McCauley, John S. Gittings,
Joseph Jameson, Eli Lilly, Jacob Wolf, David Jean and
Charles D. Slingluff, or any three of them, who are hereby
appointed commissioners for the purpose aforesaid, who
shall on or before the first day of June next, give notice in
two of the public papers in Baltimore, for one month at
least, of the time when, and the place where the said book
shall be open, to receive subscriptions for stock of the
Baltimore and Liberty Turnpike Road Company, at which
times and place, at least three of said commissioners shall
attend and shall permit all persons and corporations who
shall offer to subscribe in person, or by attorney duly autho-
rised, in the said books, which shall be kept open for that
purpose, at least four hours every day, for the space of six

CHAP. 148.

Subscription
book to be
opened.

days, if six days shall be necessary. Provided always, that
any person offering to subscribe in the said books in his
own name, or in the name of any other person, or for any
corporation, shall upon subscribing pay to the attending
commissioners one dollar for every share to be subscribed,
out of which shall be defrayed the expense attending the
taking of such subscription and other incidental charges,
and the remainder shall be deposited in such safe bank as
may be most convenient to said commissioners, for the use
of the company aforesaid, as soon as the same shall be

Proviso.

organised and the officers chosen as herein after directed.
Sec. 3. And be it enacted, That when five hundred
shares or more of the said stock shall have been subscribed
the said commissioners or a majority of them shall as soon
as conveniently may be, give thirty days notice in the papers
aforesaid, of the time and place by them appointed, for the
subscribers to meet in order to organise the said corpora-
tion, and to choose by a majority of votes of the said sub-
scribers by ballot to be delivered in person or by proxy duly
authorised, twelve managers from among the stockholders,
to conduct the business of the said company, until the first
day of May, eighteen hundred and forty-five, and until their
successors shall be chosen in the manner hereinafter pro-
vided, and at such election, and all subsequent elections and
meetings of the stockholders, for determining any question
arising at such meetings, each stockholder shall be entitled
to one vote for every share held by him, her or it, not ex-
ceeding twenty-five.
16

When 600
shares are sub-
scribed com-
missioners to
give 30 days
not ice.