T. WATKINS LIGON, ESQUIRE, GOVERNOR.

391

meyer, John G. Wilson, James Coudy, Patrick Broid-
rick, and Robert Bridges, be and they are hereby ap-
pointed commissioners for the purpose hereinafter
mentioned, with power to supply any vacancy that
may occur in their body, by death, resignation, or
otherwise; that is to say, they, or a majority of them,
after giving at least fifteen days' notice, by publica-
tion in such newspapers and by such other mode as
they, in their discretion, shall deem most conducive
to the interest of their enterprise, shall or may open
a book or books, at such place or places as they may
designate, for raising subscriptions to the capital
stock, to construct a bridge across the Chesapeake
and Ohio Canal and the Potomac River, at Hancock,
Washington county, in the State of Maryland; and
thereupon they or any number of their board, not less
than three, shall proceed to receive subscriptions for

the capital stock of the company by this act incorpo-
rated, the said capital stock to consist of and be lim-
ited to thirty thousand dollars, to be divided into one
thousand two hundred shares, of twenty-five dollars
each; and the said book or books shall be kept open
for three consecutive days, and as much longer as the
said commissioners, or a majority of them, may deem
prudent; and in case of an excess of subscription,
the commissioners shall deduct from the largest, in
such manner that no one shall be reduced while any
remains larger; and if the whole number of shares
shall not have been subscribed for within the time the
said book or books may be kept open for that pur-
pose, then the said commissioners shall and may pro-
ceed to again open a book or books, at such other
time or times, and place or places, as they may deem
proper, for the purpose of receiving subscriptions for
the remaining number of the shares of the capital
stock of the said company, in the manner, and after
giving the notice of the time and place, as hereinbe-
fore provided.

Capital stock.

SEC. 2. And be it enacted, That so soon as eight
hundred shares of the capital stock of the company,
created by this act, shall have been subscribed,
the said commissioners, or a majority of them, shall
call a meeting of the subscribers, to said capital
stock, who shall proceed, either in person or by
proxy, to the election, by ballot, of one president and
six directors, from among their own body, to man-
age the affairs of said company, for one year from

Election of
officers.