1843.

LAWS OF MARYLAND.

CHAP. 159.

benefit, or the president, vice president and directors
may remit such forfeiture on such terms as they shall
deem proper.

Banking forbid.

SEC. 9. And be it enacted, That this act, shall not be
construed, to confer on said corporation, any banking
powers, nor the right to issue any bill or note, in the
form or style of a bank note to circulate as a cur-
rency.

Reservation.

SEC. 10. And be it enacted, That the Legislature
expressly reserves to itself the right to alter, amend
or annul this act of incorporation at its pleasure.

CHAPTER 159.

Passed Feb. 27,
1850.

An act to incorporate the Baltimore and Susquehanna
Steam, Company.

Incorporated,
&c.

SECTION 1. Re it enacted by the General Assem-
bly of Maryland, That Robert Taylor, Jacob Tome,
Robert A. Taylor, and William S. Gettings, their suc-
cessors, associates, and assigns, be and they are here-
by created a corporation and body politic, by the
name and style of the Baltimore and Susquehanna
Steam Company, and by that name may have per-
petual succession, and shall be able and capable in
law to sue and be sued, implead and be impleaded,
answer and be answered, in any court of law or equi-
ty, and to make and use a common seal, and the same
to change and alter at pleasure, and to ordain and es-
tablish such bye-laws and regulations as shall be ne-
cessary or convenient for conducting the affairs of the
corporation, and not repugnant to law.

Objects of cor-
poration.

SEC. 2. And be it enacted, That the objects of the
said corporation are declared to be the navigation of
the Chesapeake Bay, and its tributary streams, and
steamboats for the purposes of the conveyance of pas-
sengers, towing ships, vessels, canal boats, arks,
rafts, and the transportation of merchandise or other
articles, and for which purposes they are hereby au-
thorised to hold lands, in fee simple or otherwise, not
exceeding one hundred acres at a time, and to erect
thereon all needful or convenient buildings, also to
purchase or build all such steamboat, roads, boats for
towing, wharves, and other conveniences as shall he
necessary for the objects of the company, and the