WILLIAM GRASON, ESQUIRE, GOVERNOR.

1838.

be raised by subscription, and that the said company,
shall have the right to purchase and hold land, not ex-
ceeding five thousand acres, in the said counties of
Montgomery and Frederick counties.

CHAP. 370.

Real estate.

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

CHAPTER 370.

In force.

An act to incorporate the Annapolis Hotel Company.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Richard Swann, and James H. Igle-
hart, and such other persons as shall become associa-
ted with them in the manner hereinafter provided, and
their successors, shall be, and they are hereby incor-
porated and made a body politic and corporate, by the

Passed Mar. 8,
1839.

Persons incorporat-

ed.

name of the Annapolis Hotel Company, and by that
name shall have perpetual succession, and be able to

Name and style.

sue and be sued in any court of law and equity in this

State, and may make and use a common seal and the
same to alter, break and renew at pleasure, and shall

Legal capacities.

have full power to take and hold the lots in, the city of
Annapolis, and the buildings thereon erected, which are
now owned and used by the said Swann and Iglehart
as an hotel, in the city of Annapolis, and the said cor-
poration shall likewise have full power to purchase and
hold an additional quantity of land, not exceeding
three acres, in the city of Annapolis, contiguous to the
aforesaid premises, for the purposes aforesaid, and to
repair and enlarge the buildings now erected, and to
erect such additional buildings as may be found neces-

sary or convenient for its business as aforesaid.

Acquire and hold

estate.

Sec. 2. And. be it enacted, That the capital stock of
the said company shall not exceed three hundred shares,
of one hundred dollars each, in addition to the afore-
said real estate of the said Swann and Iglehart which
shall be subscribed by them, and constitute a part of
the capital stock of the said company, at a price to be
estimated and made known by the commissioners ap-
pointed to receive subscriptions to the capital stock of
the said company, at the time of receiving such sub-

Capital stock—

shares—estate.