THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1846.

Frederick Zinhorst, James Wilson, John D. Nicholl
and William Kennedy, their associates and assigns, be,
and they are hereby created and made a body corporate,

CHAP. 89.

by the name and style of the York Road Omnibus Com-
pany, and by that name and style, shall and may have
perpetual succession, and be capable in law of purchas-
ing, holding and disposing of property, and may sue

Name & style.

and be sued, plead and be impleaded, answer and defend
and be answered and defended in all courts of law and
equity, and in any other place whatsoever; and may
make, execute and deliver, or have, or cause to be made,
executed and delivered to them, any deeds, transfers,
gifts, grants, conveyances, covenants, contracts, agree-

Corporate
powers.

ments and bargains whatsoever; and may make, have
and use a common seal, and the same to change, alter
and renew at pleasure, and to ordain and establish such
by-laws, ordinances and regulations as may appear ne-
cessary for regulating the concerns of said corporation,
not being contrary to this act; to purchase horses and
Omnibusses, and generally to do every other act or thing
necessary for the purpose of conducting a line or lines
of Omnibusses for the conveyance of passengers and
transportation of packages between the city of Baltimore
and Towsontown, in Baltimore county, and to carry into
effect the provisions, objects and purposes of this act.

Make a com-
mon seal.

SEC. 2. And be it enacted, That the capital stock of
the aforesaid company, for the present, shall be seven
hundred and fifty dollars, in shares to the number of
three hundred, and each share shall be valued at two
dollars and fifty cents, and the money to be paid by the
parties or party on signing the constitution to a person
or persons only authorized by the manners, and privilege
is hereby also granted to said company to increase its
capital stock to the sum of two thousand dollars, and
divided into eight hundred shares, at any time they may

Capital stock.

wish to do so; provided, it may receive the sanction of
a majority of the stockholders, by vote, either in person
or by proxy; and further, no stockholder shall hold,
either in his own name or in the name of any other per-
son for his own and special use, a greater number than
fifteen shares.

Proviso.

SEC. 3. And. be it enacted, That if any subscriber,
or his assignee, shall neglect or refuse his instalments
before mentioned, or any part thereof, for the space of
thirty days next after the time provided for the payment
of the same as aforesaid, the stock on which the same is
demanded, shall be forfeited to the said company, but the

Stock forfeited.