|
|
|
|
|
|
|
362
|
LAWS OK MARYLAND.
|
|
|
|
|
CHAPTER 268.
|
|
|
|
Passed
Mar. 10, 1854.
|
AN ACT to incorporate the Potomac Coal and Iron
company.
|
|
|
|
Incorporated.
|
SECTION 1. Be it enacted by the General Assembly
of Maryland, That George C. Perry, James D. Arm-
strong and John S. Combs, and such other persons as
may be associated with them in manner hereinafter pro-
vided, shall be, and they are hereby incorporated and
made a body politic, by the name and style of the Po-
tomac Coal and Iron company, and by that name shall
have succession and be able to sue and be sued, plead
and be impleaded, in any court of law and equity, and
may have and use a common seal and the same alter
and renew at pleasure, and the said company shall have
all the privileges and rights necessary for carrying on
the mining of coal and ores, and the manufacture of
iron and fire brick, and for transporting to market the
produce of their mines, lands and manufactories, and
shall also have power to lease or purchase lands,
mines and furnaces with their appurtenances, and to
hold nil such property, real, personal , and mixed, as
they may acquire for the purposes aforesaid, and the
said company shall also have power to purchase any
rail road or train road within the limits of Allegany
county, and also for the purposes above mentioned,
shall have power to make such by-laws, rules and reg-
|
|
|
|
Proviso.
|
ulations, as may be necessary; Provided, they be not
repugnant to any law of this State or of the United
States.
|
|
|
|
Vested rights.
|
SEC 2. And be it enacted, That for the purpose of
enabling said company to transport the produce of their
mines and manufactories to market, the said corporation
shall be, and is hereby invested with all and singular
the rights, profits, powers, authorities, immunities and
advantages for the surveying, locating and constructing
a rail road with the necessary appurtenances from their
mines or works, to connect at any convenient point or
points with other existing rail roads in Allegany county
or with the Chesapeake and Ohio canal at Cumberland,
and for the making, constructing, preserving and con-
trolling the said rail road or roads and the necessary ve-
hicles and appurtenances thereto belonging and every
part thereof, which by the act and more particularly the
fifteenth section thereof, incorporating the Baltimore and
|
|
|
|
|
|
|
|
 |