1847.

LAWS OF MARYLAND.

CHAP. 202.

CHAPTER 202.

Passed
Feb. 15, 1848.

An act to incorporate the Wicomico and Pocomoke Rail
Road Company.

Commission-
ers appointed.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Jehu Parsons, Peter Whaley, John
Dennis of Thomas, James M. Fooks, John B. Siemens,
Humphrey Humphreys, James Hooper, John White of
H., Allison C. Parsons, Lemuel Showell, senior, John
C. Derickson and Elisha Purnell, be and they are
hereby appointed commissioners under the direction of

whom subscriptions may be received to the capital stock
of the Wicomico and Pocomoke rail road company
hereby incorporated, and they or a majority of them

Books to be
opened.

may cause books to be opened at such times and places
as they may direct for the purpose of receiving sub-
scrptions to the said capital stock of said company after

Notice to be
given.

having given such notice of the times and places of
opening the same as they may deem proper, and if such
a subscription to the capital stock of said company as is
necessary for its incorporation be not previously ob-
tained the said books may be opened from time to time
during the period of four years from the passage of this
act, at the discretion of said commissioners or a major-
ity of them, and if any of the said commissioners shall

Vacancies —
how to be filled.

die, or refuse to act during the continuation of the
duties devolved upon them by this act another may be
appointed in his stead by the remaining commissioners
or a majority of them.

May enlarge
capital stock.

SEC. 2. And be it enacted, That the capital stock of
the Wicomico and Pocomoke rail road company shall
be one hundred thousand dollars in shares of twenty-
five dollars each, which said capital may be increased
at the discretion of the commissioners or the directors to

be appointed as hereinafter provided for, to any amount
not exceeding two hundred thousand dollars, and as
soon as twenty-five hundred shares of the capital stock
shall be subscribed the subscribers of the said stock,
their successors and assigns shall be and they are hereby
declared to be incorporated into a company by the name

Corporate
powers.

of the Wicomico and Pocomoke rail road company,
and by that name shall be capable in law of purchasing,
holding, selling, leasing and conveying estates, real,
personal and mixed, so far as shall be necessary for the
purpose hereinafter mentioned and no further, and shall
have perpetual succession by said corporate name, may
sue and be sued, and may have and use a common