1845.

LAWS OF MARYLAND.

CHAP. 350.
Proviso.

charge granted originally in the case of his application; and
that said personal discharge shall have as full effect as if
no unfavorable report had been made; provided never-
theless, that the bond given for the personal appearance
of said appellant shall remain in full force and vigor, un-
til a final decision shall have been had in the case before
Baltimore county court.

CHAPTER 350.

Passed Mar.
10, 1846.

An act to incorporate the Susquehanna Steam Tow Boat
Company.

Incorporated.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That William Mason, William Owen, James
C. Sellman, J. J. Abrahams, Joseph C. Wilson, Thomas
Wilson and others, their successors and assigns, be and
they are hereby created and made a corporate and body
politic, by the name and title of the Susquehanna Steam
Tow Boat Company, and by that name and title shall
have succession, and shall be capable in law to sue and
be sued in any court of law or equity, to have and use a
common seal and to alter the same when deemed expe-
dient, and generally to do all such acts as shall be proper
and necessary for the purpose of employing one or more
steam boats, to navigate the Chesapeake bay and its
tributary streams, for the conveyance of passengers, tow-
ing ships, vessels, canal boats or arks, and the transpor-
tation of merchandize or other articles.

Company may
increase capi-
tal.

SEC. 2. And be it enacted, That it shall be lawful for
said company hereby created, to enlarge the capital of
said company, when necessary for the purpose of in-
creasing the business of said company, so as the capital
of said company shall not exceed fifty thousand dollars,
to be divided into shares of one hundred dollars each, to
be subscribed for or disposed of, from time to time, in
such manner as the resolutions or by-laws, made in pur-
suance of this charter, shall provide.

Officers.

SEC. 3. And be it enacted, That the affairs of said com-
pany shall be managed by a president, and a board of di-
rectors, consisting of six persons; the president and di-
rectors to be chosen out of the stockholders of said com-
pany, the president to be a member of said board of
directors, shall be elected on the first Monday in Febru-