1846.

LAWS OF MARYLAND.

CHAP. 137.
Hold land.

company shall have a right to purchase and hold any
such lands as may be necessary for their coal deposites,
and in order to connect their business in a suitable man-
ner with the basin and its boating, and for the purpose of
laying ou|, constructing and repairing said rail road, the

Condemning.

company shall have the right of passing over the lands
lying in the track of said road, and of condemning the
same if necessary, according to the laws of the State of
Maryland, in, such case, provided in the charter of the
Baltimore and Ohio Rail Road Company, to an extent,

Proviso.

not exceeding four rods in width throughout; provided,
that any person or persons have the privilege of con-
necting a lateral road with the main rail road of the com-
pany, subject to the reasonable regulations of the com-
pany, and the payment of such toll as they may impose,
not exceeding three cents per ton per mile, on all goods
and merchandise or other properly, and not exceeding
two cents per mile for every passenger transported
thereon; and that said company be, and they are hereby
required to transport on the said road, all the coal or
property of every description, which may be brought to
said rail road for transportation, under the restrictions
above recited.

Subscriptions

to the capital
stock.

SEC. 4. And be it enacted, That the subscription to
the capital stock of said company, shall be raised under
the direction of the said John Brant, John G. Brant,
Jacob F. Brant and Peter Brant, or a majority of them,
at such times and places as they shall designate, giving
at least ten days previous notice, in one or more news-
papers, printed in the town of Cumberland, in the city of
Washington, and such other places as they, or a majori-
ty of them shall deem necessary, and each subscriber
shall pay at the time of subscription, to the commission-
ers receiving the same, the sum of twenty dollars on
each share, by him, her or them subscribed, and every
person who shall so subscribe for, or become the owner
of one or more shares of said stock, shall in virtue of
such ownership, be a member of the said corporation, and

Entitled to
vote.

shall be entitled at all meetings of the stockholders to one
vote, in person or by proxy, for each share of the capi-
tal stock which shall be held by such person, and the
shares of the said capital stock shall be assignable or
transferable, and shall be considered as personal pro-
perty.

Constitute
part of capital

stock.

SEC. 5. And be it enacted, That the lands and mines
of the said John Brant, John G. Brant, Jacob F. Brant
and Peter Brant, which they now own, or which they
may acquire before the organization of said company,