THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1845.

dollars actually paid; with the privilege to the President
and Directors of adding to said capital from time to time,
from the surplus remaining after dividends; that stock
notes as requited by the original and supplementary acts
aforesaid, and forming a contributary portion of the for-
mer capital shall not hereafter be exacted, nor henceforth
have any effect; provided, however, that for the said
corporations insurance liabilities now incurred the stock
notes now existing, shall have full force.

CHAP. 34.

SEC. 3. And be it enacted, That this act shall have
no effect unless the some be accepted by the stock-
holders of said corporation, or a majority in interest
thereof; represented in person or by proxy, at a meeting
to take place upon notice given by the president and di-
rectors for two weeks, in at least two daily newspapers
of the city of Baltimore; and said notice stating the ob-
ject of the meeting to be the consideration of the question
of accepting this act.

Act have no
effect unless
accepted by
the stockhold-
ers.

SEC. 4. And be it enacted, That the legislature re-
serves to itself the right to alter or annul this act of in-
corporation at any time.

CHAPTER 34.

Right reserv-
ed.

An act entitled an act to incorporate the Great Falls Iron
Company.

Passed Jan.
22, 1846.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Robert Howard, William G. Harrison,
William Winn, William Knox and John S. Hayes, and
all and every other person or persons who with them or
in their stead shall hereafter become members of the
Great Falls Iron Company, in the manner hereinafter
mentioned, their successor and assigns shall be and are
hereby created and declared to be, a body corporate and

Individuals in-
corporated.

politic by the name and style of the Great Falls Iron
Company, and by that name shall and may have perpet-
ual succession and be capable in law of purchasing,
holding, improving and disposing of property real, per-
sonal and mixed, for the purposes hereinafter authorized;

Name & style.

and may sue and be sued, plead and be impleaded, an-
swer and defend in all courts of law and equity, and may
make, execute and deliver, or have or cause to be made,
executed and delivered to them all deeds, transfers, gifts,
grants, conveyances, covenants, contracts, agreements

Legal capacity.