94

LAWS OF MARYLAND.

Incorporated.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That Archibald Sterling, William Gra-
ham, Joseph Taylor, William P. Preston and Solomon
Hillen, jr., and their associates and successors, to be
appointed as is hereinafter provided for, be and they are
hereby constituted a body corporate, by the name of
the Hillen Road Company of Baltimore county, for the
purposes, with the rights and privileges, and subject to
the limitations and conditions hereinafter expressed.

Capital stock.

SEC. 2. And be it enacted, That the capital stock of
the said corporation shall not exceed thirty thousand
dollars, and shall be divided into one thousand five
hundred shares; and for the purpose of obtaining sub-

Subscriptions
to be opened,
&c.

scribers thereto the persons above named, or a majority
of them, shall be and they are hereby made commis-
sioners and authorised and required to open subscrip-
tion books at the office of the clerk of the circuit court
for Baltimore county, within three months from the
passage of this act, and keep the said books open for at
feast two weeks, first giving at least one month's notice of
the day of such opening, by advertisement in at least
one newspaper printed and published in said county,
and one other newspaper printed and published in Bal-
timore city; and no one of the said persons above named
shall be allowed to subscribe for more than one hundred
shares until after the said books shall have been opened
for at least two weeks; and at least two of the said per-
sons above named shall attend at the said clerk's office
every day during the said two weeks from ten o'clock,
A. M. until one o'clock P. M. to receive such sub-
scriptions; and every such subscriber shall at the time
of subscribing pay to the said commissioners one dollar
per share, for every share by him subscribed for; and
whenever two hundred shares of the said capital stock
shall have been so subscribed for, it shall be the duly of
the said commissioners, to give notice thereof, and of an
election for officers of the said corporation, by adver-
tisement in manner as aforesaid, which first election
shall be held at the clerk's office aforesaid, and the polls
thereof shall be kept open for one day from the hour of
ten o'clock A. M. until the hour of one o'clock P. M.,
and every stockholder in person or by proxy shall be
entitled to one vole for every share by him or her sub-
scribed and paid for as aforesaid, and the persons receiv-
ing the greatest number of votes shall be declared duly
elected, and if two or more receive an equal number of
rotes for the same office, the election shall be deter-
mined by the judges thereof, by lot; and the said com-
missioners or a majority of them shall appoint two per-
sons to be the judges of the first election under this act,