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Session Laws, 1854
Volume 616, Page 438   View pdf image
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T. WATKINS LIGON, ESQUIRE, GOVERNOR.

435

be signed by the sheriff and the Jurors, who set upon
the case and returned to the clerk of the circuit court,
for the county in which said property shall lie or be
situated, and by said clerk recorded, and the amount or
damages so estimated shall be paid or tendered to the
owner or owners, his or her legal heirs or representatives
by said company before they shall take possession or use
in any manner whatever, any of the property, real, per-
sonal or mixed, so valued.

SEC. 2. And be it enacted, That said Chesapeake
and Potomac Canal Company, shall have perpetual
succession, and by their corporate name may sue and
be sued, and have and use a common seal and the same
to alter and renew at pleasure and also to ordain, estab-
lish and put in execution such by-laws, ordinances and
regulations as shall seem necessary, for the government
and management of said corporation, and to alter and
repeal the same at pleasure and shall have and exercise
all the rights, powers and privileges which corporate
bodies may lawfully possess for the purposes mentioned
in this act.

May sue and
be sued.

SEC. 3. And be it enacted, That the capital stock
of said corporation shall be one million of dollars to be
divided into shares of one hundred dollars each, which
said capital stock shall be deemed personal property,
and shall be transferable in such manner as the by-
laws of said corporation may prescribe.

Capital stock.

SEC. 4. And be it enacted, That it the aforesaid cor-
poration or their successors shall ever ask any appropri-
ations or pecuniary aid from the State of Maryland,
then this act to be null and void to all intents and pur-
poses.

Null and void.



 
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Session Laws, 1854
Volume 616, Page 438   View pdf image
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