WILLIAM GRASON, ESQUIRE, GOVERNOR,

1838:

have the right to purchase and hold land, not exceed-

ing one thousand acres in Kent county.

CHAP. 341.

Sec. 3. And be it enacted. That this act shall be in
force from the passage thereof.

CHAPTER 341.

In force.

An act to Incorporate the Silk Company of Salisbury,
in Somerset and Worcester Counties.

Passed April 3,
1839.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That John Parsons, Elijah Parsons, Levin
G. Irving. James W. Daugherty, Levin D. Collier,
Humphrey Humphreys, Cathell Humphreys, Isaac
Nichols, Purnell Toadvine, Noah Rider. David Jones,
Richard Lemmon, William H. Rider, Jacob Riggen,
Theodore Parsons, George R. Collier, William T.
Wood, Robert H. Ellegood, Jonathan S. Parsons, John
B. Slemmons, James McC. Slemmons, Winder Dis-
haroon, John White and Zedekiah H. Williams, and
all such other persons as may be hereafter associated

with them, shall be, and they are hereby incorporated,

and made a body politic and corporate, under the name

Persons incorporat-

ed.

and style of the Silk Company of Salisbury, for the
purpose of cultivating mulberry trees, manufacturing
and selling silk, and the prosecution of such other
operations as may grow out of, or be connected with
the said business, and the said corporation, tinder the
name and style of the Silk Company of Salisbury, is
hereby invested with all the rights and privileges and

Name and style.

Objects defined.

powers confered upon such companies, by an act enti-
tled an act prescribing general regulations for the in-
passed the twenty-eight day of March, eighteen hundred
and thirty-nine, and the said company is hereby made
subject to the restrictions and regulations prescribed
in-said act.

Under the general

law.

Sec. 2. And be it enacted, That the capital stock of
said company shall not be less than five thousand dol-
lars, nor more than one hundred thousand dollars, to
be divided into shares of twenty-five dollars each, to
be raised by subscription, and that the said company
shall have the right to purchase and hold land, not

Capital stock—

shares—estate.