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THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.
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1837.
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SEC. 11. And be it enacted, That any thing in the said
original act or the supplements thereto which arc re-
pugnant to or inconsistent with the provisions of this
act; shall be and the same is hereby repealed.
CHAPTER 33.
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CHAP. 33.
Repeal.
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An act to Incorporate the Leonard Town Steam Mill
and Manufacturing Company.
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Passed Jan. 24,
1838.
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SECTION 1. Be it enacted by the General Assembly of
Maryland, That the persons who shall as hereafter
mentioned, become subscribers to the capital stock
hereby created and such other persons as shall hereaf-
ter become stockholders in the said corporation, arc
hereby enacted and declared to be a body politic and
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Corporation
created.
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corporate, by the name and style and title of the Leon-
ard Town Steam Mill and Manufacturing company,
and by the same name shall have perpetual succession,
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Style.
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and shall be able to sue and be sued, plead and be im-
pleaded, in all courts of law and equity in this State
and elsewhere, and to make and have a common seal,
and the same to break and alter and renew at their
pleasure, and generally to do every act and thing ne-
cessary to carry into effect this act, or to promote the
object and design of this corporation.
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Powers.
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SEC. 2. And be it enacted, That the capital stock of
the company shall be twenty thousand dollars, to be
divided into eight hundred shares, of twenty five dol-
lars each, with power to the said company to increase
the same to one hundred thousand dollars, whenever
the president and directors of the said company may
determine so to do, the time place and manner of which
augmentation shall be subject to the direction and un-
der the control of the said president and directors.
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Capital $20,000
Power to in-
crease to
$100,000.
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SEC. 3. And be it enacted, That William T. Maddox,
Thomas H. Miles and Joseph Spalding, be, and they
are hereby appointed commissioners, to open subscrip-
tion Books, for the purpose of receiving subscriptions
to the capital stock of the company, by this act incor-
porated, and the said commissioners or a majority,
shall cause said books to be opened, and at all times
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Open books for
subscription.
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