T. WATKINS LIGON, ESQUIRE, GOVERNOR.

359

CHAPTER 265.

AN ACT to incorporate the Patterson Copper Manu-
facturing and Mining Company of Maryland.

Passed

Mar. 10, 1854.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That Abram B. Patterson, John McCo-
mas, Allen B. Chapman, Alexander P. Woods, John
H. T. Jerome, William D. Miller and their associates,
successors and assigns, be, and they are hereby created
a corporation and body politic by the name and style of
the Patterson Copper Manufacturing and Mining com-
pany, and by thai name may have perpetual succession,
and shall be able and capable in law to sue and be
sued, plead and be impleaded, answer and be answered,
in any court of law or equity, and to make and use a
common seal, and to ordain and establish such by laws
and regulations as shall be necessary or convenient for
conducting the affairs of the corporation not repugnant
to law.

Incorporated.

SEC. 2. And be it enacted, That the object of the
said corporation shall be the mining of ores, making,
manufacturing of and trading in copper and other arti-
cles for which purpose they are hereby authorised to
purchase lands in Baltimore county, and to hold and
sell the same in fee simple or otherwise necessary to
the conduct of the business, and to erect thereon all
needful and convenient buildings, and with power to
construct a rail road from the works to connect with

Objects.

the Baltimore and Susquehanna rail road; Provided,
the right of way be obtained from the parties interested
through whose lands said mil road may pass, that the
capital stock of said corporation shall not exceed one
million of dollars, nor less than five hundred thousand
dollars.

Proviso.

SEC. 3. And be it enacted, That for the manage-
ment of the affairs of the company, the stockholders
shall elect a president and not less than three directors,
who shall remain in office one year, or until successors
shall be elected, a majority of whom shall constitute a
quorum or board; that a majority of stockholders shall
call a meeting, upon advising all the stockholders, by
advertisement or otherwise, of the time and place of
holding said meeting.

Management.

SEC. 4. And be it enacted, That the stock of the
said company shall be esteemed personal estate, that all

Stock answer-
able for debts.