T. WATKINS LIGON, ESQUIRE, GOVERNOR.

317

CHAPTER 237.

AN ACT to incorporate the Curtis Creek Mining, Fur-
nace and Manufacturing company.

Passed
Mar. 10, 1854.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That Robert Lemmon, junior, William
W. Glenn, John Glenn and Richard Lemmon, their
associates, successors and assigns, be, and they are
hereby created, a corporation and body politic, by the
name and style of the Curtis Creek Mining, Furnace
and Manufacturing company, and by that name may
have perpetual succession, and shall be able and capa-
ble in law to sue and be sued, plead and be impleaded,
answer and be answered, in any court of law and equity,
and to have and use a common seal, and to ordain and
establish such by-laws and regulations, as shall be ne-
cessary or convenient for conducting of the affairs of
said corporation, not repugnant to law.

Incorporated.

SEC. 2. And be it enacted, That the objects of said
company are declared to be the mining, making and
manufacturing of, and trading in iron or other articles,
for which purpose they are hereby authorised to pur-
chase and hold land in fee simple or otherwise, in the
county of Anne Arundel, to any amount not exceeding
seven thousand acres, and to erect thereon all needful
and convenient buildings, and to sell or dispose of said
land or any part thereof at their discretion.

Objects.

SEC. 3. And be it enacted, That the capital stock
of said company shall consist of thirty thousand shares,
often dollars each, which stock shall be deemed per-
sonal estate.

Capital stock.

SEC. 4. And be it enacted, That the management
of the affairs of the company, the stockholders or a ma-
jority of them, shall within sixty days after the whole
of said stock shall have been taken, elect a president,
and not less than three directors, who shall remain in
office for one year or until their successors shall be elec-
ted, a majority of whom shall form a quorum or board ;
that a majority of stockholders may at any time call a
meeting by notifying all the stockholders by an or other
notice of three weeks of the time and place of holding
said meeting.

Management.

SEC. 5. And be it enacted, That nothing contained
herein shall be construed as granting banking privileges

Banking for-
bid.