1849.

LAWS OF MARYLAND.

CHAP. 241.

heirs at law of Charles Howarth, deceased, in and to
the said land, and of all persons claiming under them,
any right or title in and to the same.

CHAPTER 241.

Passed Feb. 26,
1850.

An act to Incorporate a Company to make a Turnpike
Road from Hagerstown, in Washington County, to
Middleburg, on the Pennsylvania line.

Incorporated,
&c.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That Alexander Neill, junior, Isaac Nes-
bitt, Henry Brumbanch, Edward M. Mealy, Robert
Fowler, Samuel Brumbanch, and John McHee, and
all other persons who may have subscribed, or may
hereafter subscribe to the stock of said company, be and
they are hereby incorporated a body politic, for making
a turnpike road, to be commenced at some point within
the corporate limits of the town of Hagerstown, and ex-
tended to the Pennsylvania line at Middleburg.

Capital stock,
etc.

SEC. 2. And be it enacted, That the capital stock of
said company shall not exceed twenty thousand dollars,
to be divided into shares of twenty dollars each, to be
paid in the following manner, namely: one-fourth in
three months, one fourth in six months, one fourth in
twelve months, and the remaining portion in eighteen
months, from the date of subscription, and as soon as
subscribers to said stock, amounting to the sum of ten
thousand dollars are obtained, a majority so subscrib-
ing, shall give three weeks publication in one or more
newspapers published in Hagerstown, of the time and
place designated by them for the stockholders in said
company to meet, for the purpose of organizing said
corporation, choosing by a plurality of votes, by ballot,
a president and five managers, three of whom shall con-
stitute a quorum, and they shall select, in the same man-
ner, by ballot, a treasurer, and such other officers ,as
they shall deem necessary, for conducting the affairs of
said company, until the first Monday in November
thereafter, and until a new election shall be held, which
said election shall be held annually on the first Monday
of November, and that said president and managers
shall make such rules, bye-laws and regulations as may
to them seem necessary for the well governing of the
affairs of said company, that all stockholders in any