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Session Laws, 1846
Volume 611, Page 124   View pdf image
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THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1846.

ber session, eighteen hundred and thirty-three, chapter
one hundred and twenty-five.

CHAPTER 133.

CHAP. 133

An act to incorporate the Washington Manufacturing
Company.

Passed Feb.
27, 1846.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Thomas H. Fulton, Joseph Baugher,
George Baughman, Henry E. Thomas and B. Howard
Keyser, their associates, successors and assigns, are
hereby made and declared to be a body corporate, by the
name of the Washington Manufacturing Company, and
by that name may sue and be sued in any court of. law
or equity, and may make and use a common seal, and
alter the same at pleasure, and may have and use all the
rights, powers and privileges necessary or proper for
manufacturing cotton, wool, iron, cotton machinery and
other articles, and for vending the same when made, and
to purchase, hold and use real and personal estate, and
to construct such buildings and improvements on their
lands as may be necessary to carry on their said business,
and the said estate or any part thereof, to sell and con-
vey, or otherwise dispose of as they may deem proper,
and generally to do all such acts, and to pass and enforce
such by-laws and regulations as may be necessary and
and proper for conducting the business of said corpora-
tion, the same not being contrary to the provisions of
this act.

Incorporated.

SEC. 2. And be it enacted, That the capital stock of
said company shall be divided into shares of one hundred
dollars each, and shall at no time exceed two hundred
thousand dollars, and every person who shall be the pro-
prietor of one share or more of said stock, shall be a
member of said corporation, and as such, shall be enti-
tled, at all meetings of the stockholders, to one vote, in
person or by attorney, for each and every share of said
capital stock which is held by such person; and the said
capital stock, may in whole or in part, consist of, and be
invested in land, buildings, machinery, tools and mate-
rials necessary or useful for carrying on the business of
said corporation; and the shares of said capital stock
shall be deemed personal estate, and be transferable

Capital stock
$200,000.



 
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Session Laws, 1846
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