THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1S45.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Samuel W. Lecompte, Joseph K. Muse,
Jr., James A. Stewart, William A. Sullivan, John Brad-

shaw, Charles L. Chaplain, Thomas H. Hicks, E. R.
Hooper, Francis J. Henry, William F. Rudenstine, Sam-
uel D. Lecompte, Benjamin D. Jackson, Dr. Joseph E
Muse, William 13. Dail, Alexander H. Bayley, and their
associates, successors and assigns be, and they are here-

CHAP. 119.

Incorporated.

by created a body corporate, by the name and style of the
Town Hall Company of Cambridge, and by that name
shall have perpetual succession, and shall be able and

Name & style.

capable in law to sue and be sued, plead and be implead-
ed, answer and be answered in any court of law or equi-
ty; to make and use a common seal, and the same to
alter and change at pleasure; to make and establish such
by laws and regulations, not contrary to law, as shall be
necessary and convenient for conducting the affairs of
said corporation.

Legal capaci-
ty.

SEC. 2. And be it enacted, That the capital stock of
said corporation, shall consist of shares of ten dollars
each, and not exceeding in the whole three hundred
shares; and the said corporation shall be able and capa-
ble in law, in addition, to purchase, receive and hold real
estate in fee simple or other lesser interest therein, and

Capital Block.

also personal property; provided, the clear annual in-
come of all such estate and property, shall not exceed
two thousand dollars.

Proviso.

SEC. 3. And be it enacted, That all the estate, proper-
ty and joint stock shall be bound and answerable for the
contracts and engagements made and liabilities incurred
by said company, and the said company shall have full
power and authority under their corporate seal, to use,
negotiate, bargain, sell, transfer, or otherwise dispose of
and employ all their joint stock, estate, property and in-
come to promote their object in the erection of said town

Corporate
powers.

hall; provided, the same be done in conformity with the
laws of this State, and the provisions of this act.

Proviso.

SEC. 4. And be it enacted, That there shall be a meet-
ing of the stockholders of the said company on the first
Monday of April in each and every year, the first meet-
ing to be held on the first Monday of April eighteen
hundred and forty-six, for the purpose of electing a presi-
dent, vice president, secretary, treasurer or such officers
as may be determined on by the stockholders at said
meeting, to manage the concerns of said company, all
of whom shall be elected by ballot, and each share of
stock shall entitle the holder to one vote; and any gen-

First meeting
— election of
officers.