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Session Laws, 1846
Volume 611, Page 304   View pdf image
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THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1846.

McCullough, file their assent in writing in the clerk's of-

fice on or before the first day of April next.

CHAPTER 318.

CHAP. 318.

An act to incorporate the Borden Mining Company.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That William Borden, William S. Tisdale,
Richard Borden, Jefferson Borden, Joseph Durfey, Philip
D. Borden, John Rynex, George W. Dobbin, and Wil-
liam A. Talbott, and all who as hereinafter provided, shall
become their associates be, and are hereby incorporated,
by the name of the Borden Mining Company, and as such
shall have perpetual succession; and have and use, and
from time to time change, a common seal, and may sue
and be sued in any courts, and may have and enjoy all the
powers, privileges and rights, proper for carrying on the
manufacturing of iron and of other metals, and of articles
of which iron or any other metal is a component part, ami
for opening and working their mines of coal and other
minerals, and transporting to market, and vending the
produce of their lauds, mines and manufactories, and
for the purposes aforesaid, to take and hold all property
and estate, real, personal and mixed, and to make all
manner of contracts in relation to the business, property
and estate aforesaid; provided, that the corporation shall
at no time hold in this State more than ten thousand
acres of land, exclusive of the bed of roads it may con-
struct, and except as may be specially restricted by this
act, may have and exercise all the rights and immunities
incident to corporations, and the privileges and powers
proper for the objects of this corporation, and for the use,
control and disposition at pleasure, of the property and
estate of the corporation, and may make all by-laws, rules
nnd regulations for the government, and in respect of the
interests of the corporation, not repugnant to the laws of
this State, or of the United States.

Passed March
8, 1847.

Incorporated.

SEC. 2. And be it enacted, That the capital stock of
the said corporation shall consist of two thousand shares
of one hundred dollars each, of which capitat, the lands
and mines of the persons named in the first section, or of
any of them, may constitute a part, at such price as may
be agreed upon between the holder or holders of the lands

Two thousand
shares at $100.



 
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Session Laws, 1846
Volume 611, Page 304   View pdf image
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