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SEC. 6. And be it enacted, That this act shall be
liberally construed as a remedial law and not strictly as
a penal law.
SEC. 7. And be it enacted, That this act shall take
effect from and after the first day of July next.
CHAPTER 309.
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CHAP. 309.
Act to be lib-
erally constru-
ed.
In force.
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AN ACT to Incorporate the Chesapeake and Dela-
ware Rail Road Company.
SECTION 1. Be it enacted by the General Assembly
of Maryland, That Daniel Holtz, John S. Shriver,
Joseph Wilkins, John Guy and A. J. Bonn, be, and
they are hereby appointed commissioners, under the
direction of whom subscriptions may be received to the
capital stock of the Chesapeake and Delaware rail
road company hereby incorporated, and they, or a ma-
jority of them, may cause books to be opened at such
times and places as they may direct, for the purpose of
receiving subscriptions to the said capital stock of said
company, after 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 obtained, the said books may be
opened, from time to time, during the period of two
years from the passage of this act, at the discretion of
said commissioners, or a majority of them, and if any
of the said commissioners shall die, or refuse to act
during the continuance 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.
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Passed May
29, 1852.
Commission-
ers appointed.
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SEC. 2. And be it enacted, That the capital stock
of the Chesapeake and Delaware rail road company,
shall be one million of dollars, in shares of one hundred
dollars each, which said capital may be increased at the
discretion of the commissioners, or the directors, to be ap-
pointed as hereinafter provided for, to any amount not
exceeding two millions dollars, and as soon as one
thousand 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 of the
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Capital stock.
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