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Session Laws, 1847
Volume 612, Page 267   View pdf image
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1847.

LAWS OF MARYLAND.

CHAP. 829.

county, and for the making, preserving and controling
the said rail road or made, and the necessary vehicles
and appurtenances thereto belonging, and every part
thereof, which by the act, and more particularly the
fifteenth section thereof, incorporating the Baltimore and
Ohio rail road company and its several supplements,
were for the lawful purposes of said company and
the benefit of its corporators given, granted, authorised
and secured to the said company and to the president
and directors respectively, as fully and perfectly as if

Provisoes.

the Mine were herein repeated; provided, that it shall
not be lawful for the said Valley Mining and Manufac-
turing Company to occupy or use any lands that may
be necessary for the accomodation of the canal and
works of the Chesapeake and Ohio canal company, or
for, the main route of the Baltimore and Ohio rail road,
or that may be within the limits of either of the public
roads there now existing except to cross these roads
without injury to the same; and provided also, that full
right and privilege is hereby secured to the citizens of
this State, or any, company now or hereafter to be in-
corporated under the authority of this State, to connect
with the rail road or rail roads hereby provided for, if
in the opinion and judgment of the commissioners of
Allegany county, for the time being, passed upon hear-
ing of all parties interested as injury would be done by
such connexion to the rail road of said corporation, and
that the said corporation shall transport on its said rail
road or roads all persons and property at the same
rates of toll and prices of transportation as the Baltimore
and Ohio rail road company are or shall be by law
allowed to charge and receive.

Capital stock.

SEC. 3. And be it enacted, That the capital stock of
said company shall consist of two thousand shares of
one hundred dollars each.

Stock trans-
ferrable.

SEC. 4. And be,it enacted, That the subscription to
said capital stock shall be made at such places and in
such manner as shall be designated by the said Chris-
tian E. Detmold and Archibald Carey, and that the
stockholders shall be entitled at all their meetings to
one vote for each share of stock, in person or by proxy,
and the shares of said capital stock shall be assignable
or transferable as may be provided for by the bye-laws
of said company, and shall be considered as personal
property.

Directors—
how and when
elected.

SEC. 5. And be it enacted, That the affairs of the
said company shall be managed by a president and four
directors, who shall be chosen annually by the stock-



 
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Session Laws, 1847
Volume 612, Page 267   View pdf image
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