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Session Laws, 1854
Volume 616, Page 132   View pdf image
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T. WATKINS LIGON, ESQUIRE, GOVERNOR.

127

their successors and assigns shall be, and they are
hereby created and declared to be a body corporate and
politic, by the name and style of the Curtis Creek
Wharf and Rail Road company, and by that name and
style shall and may have perpetual succession, and be
capable in law of purchasing, holding, improving and
disposing of real estate to the extent in the manner and
for the purposes hereinafter authorised, and may sue
and be sued, plead and be impleaded, answer and de-
fend, and be answered and defended, in all courts of
law and equity, and may make, execute and deliver,
or have or cause to be made, executed and delivered to
them, all deeds, transfers, gifts, grants, conveyances,
covenants, contracts, agreements and bargains whatso-
ever, necessary for the purposes and objects of the said
company, and may have and use a common seal,
which they shall have power to alter or renew, at plea-
sure, and generally to do every other thing or act ne-
cessary to carry into effect the provisions, objects and

purposes of this act; Provided, that nothing herein
contained shall authorise or empower said company to
acquire by purchase or otherwise, more than one thou-
sand acres of land in all, of which not more than ten
acres shall be within the limits of Baltimore city.

Proviso.

SEC. 2. And be it enacted, That the said parties
as heretofore named, viz: John Wilson, R. H. Archer,
Thomas Lloyd, John Wells, David C. Springer, James
P. Archer, R. O. Crisp, J. P. Shannon and N. J. Crisp,
or such one or more of them, as the others shall for that
purpose authorise or appoint, may take and receive sub-
scriptions to the capital stock of said company, on such
terms as they or a majority of them may designate or
choose, in shares of fifty dollars each, to any amount
which they may deem necessary and proper, not ex-
ceeding twenty thousand shares, and any person or per-
sona who shall become a holder or holders, or entitled
to one or more shares of the said stock, shall thereupon
become a member of the Curtis' Creek Wharf and Rail
Road company hereby incorporated, and every person
or corporation on being divested of all shares of the said
stock by transfer or otherwise, shall thereupon cease to
be a member of said company; and until an election
of officers shall have been made as hereinafter provided
for, the said John Wilson, R. H. Archer, Thomas
Lloyd, John Wells, David C. Springer, James P. Arch-
er, R. O. Crisp, J. P. Shannon, and N. J. Crisp, or a
majority of them, shall have and may exercise all the
corporate rights and powers of the said Curtis Creek
Wharf and Rail Road company, and shall manage the

Authority to
receive sub-
scriptions.



 
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Session Laws, 1854
Volume 616, Page 132   View pdf image
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