LAWS OF MARYLAND.

1844.

the personal property mentioned in the said contract, into
real estate, to be held by them for the uses and trusts,
and according to the restrictions and limitations therein
mentioned and contained.

CHAP. 211.

SEC. 2. And be it enacted, That all acts or parts of acts
inconsistent with this act, be and the same are hereby
repealed,

Repealed.

CHAPTER 211.

An act to incorporate the Howard Manufacturing Com-
pany of Maryland.

Passed Feb.
12, 1845.

Section 1. Be it enacted by the General Assembly of
Maryland, That John Sykes, James Sykes, and John
Hobson, their associates, successors and assigns, be and
they are hereby created a corporation and body politic, by
the name and style of the Howard Manufacturing Com-
pany of Maryland, and by that name may have succes-
sion, and shall be able and capable in law, to sue and be
sued, plead and be impleaded, answer and be answered
in any court of law or equity, and to make and use a
common seal, and to ordain and establish such by-laws
and regulations as shall be necessary or convenient for
conducting the affairs of the corporation, not repugnant
to law.

Incorporated.

SEC. 2. And be it enacted, That the objects of said
corporation, are declared to be the manufacturing of, and
trading in wool and cotton and other articles, for which
purpose, they are hereby authorised and empowered, to
purchase, hold and sell land in fee simple or otherwise,
necessary to the conducting of the business, and to erect
thereon, all needful or convenient buildings, thai the cap-
ital stock of said corporation shall be divided into shares
of one hundred dollars each, and shall at no time exceed
eighty thousand dollars, and every person who shall be
the holder of one share or more of said stock, shall in
virtue thereof, be a member of the said corporation, and
as such, be entitled to vote at all elections of said corpo-
ration, in person or by proxy, having one vote for each
share of stock so held as aforesaid.

Corporate
powers.

SEC. 3. And be it enacted, That the said corporation
shall at no time, hold more than two hundred and fifty
acres of land, which shall be located, part in Carroll and
part in Anne Arundel counties.

200 acres—its
location.