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PHILIP P. THOMAS, ESQUIRE, GOVERNOR.
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1849.
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without restriction as to the number of shares, until the
number of two hundred shares, in all, is obtained,
and if at the expiration of three days, the said re-
quired amount shall not be subscribed, the said com-
missioners may adjourn from time to time, of which
adjournment public notice shall be given as aforesaid,
and when the said subscriptions shall amount to the
required amount, the same shall be closed, and that
the amount so subscribed shall be paid to the said
commissioners in such sums and at such times as the
said commissioners may appoint, they giving thirty
days public notice of the payment so required.
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CHAP. 237.
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SEC. 2. And be it enacted, That as soon as two
hundred shares of stock, authorised by the pre-
ceeding section shall have been subscribed, that said
stockholders shall be, and they are hereby created a
body politic and corporate, by the name and style of
the Westminster and Taneytown Turnpike Company,
and by that name shall have succession, and all the
privileges and franchises incident to a corporation,
and shall be capable of sueing and being sued, answer
and being answered, and of enlarging their stock by
new subscriptions, if the same shall be found neces-
sary, after giving public notice thirty days in the man-
ner hereinbefore provided.
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Incorporated.
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SEC. 3. And be it enacted, That as so soon as the
said road shall be completed from Westminster to the
Pennsylvania line, as contemplated by the original act,
the commissioners in the said act named, or their
successors, shall, as soon as conveniently may be,
give thirty days notice in one or more newspapers
printed in Frederick and Carroll counties, of the time
and place by them appointed for the said stockholders
to meet, to choose, by a majority of votes of said
stockholders by ballot, each share to be counted as
one vote, to be delivered in person or by proxy duly
authorised, a president and four directors, and such
other officers as may be deemed necessary to conduct
the business of the said company, until the first
Monday of May next after such election, and on the
first Monday of May in every year thereafter, said
stockholders shall meet, for the same purpose, at such
place as the president and directors shall appoint.
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President and
Directors.
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SEC. 4. And be it enacted, That the said president
and directors shall have power to make such bye-laws,
rules, and regulations for the management of said
company as they may deem advisable as do not con-
flict with the constitution and laws of this State,
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May establish
bye-laws.
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