THOMAS H. HICKS, ESQUIRE, GOVERNOR,

101

town, and extending to the Pennsylvania line at
Middleburg.

SEC. 2. And be it enacted, That the capital
stock of said company shall not exceed fifteen
thousand dollars, to be divided into shares of
twenty dollars each, to he paid in four instal-
ments, at the option of the president and board
of managers, as soon as subscribers to the amount
of five thousand dollars are obtained, a majority
so subscribing shall give three weeks notice in
one or more newspapers published in Hagerstown,
of the time and place designated by them for the
stockholders in said company to meet, for the pur-
pose of organizing said corporation, choosing by
ballot, and a plurality of votes, a president and
five managers, three of whom shall constitute a
quorum; and they shall select in the same man-
ner by ballot, a treasurer and such other officers
as they shall deem necessary for conducting the
affairs of said company, until the second Monday
in November thereafter, and until a new election
shall be held, which said election shall be held
annually, on the second Monday of November ;
and that said president and managers shall make
such rules, and by-laws, and regulations, as may
to them seem necessary for the well governing of
the affairs of the company; that all stockholders,
in any election of the officers of said corporation,

Capital stock.

shall be entitled to one vote for every share; Pro-
vided, That no person or body politic shall have
more than thirty votes, no matter what number
of shares he, she or they may be entitled to.

Proviso.

SEC. 3. And lie it enacted, That the stockholders
in said company shall be and they are hereby in-
corporated and constituted a body politic, by the
name of "the Hagerstown and Middleburg Turn-
pike Company," and by the same name shall
have succession during the continuance of this
corporation; and the said stockholders and their
successors by the above authority, may sue and
be sued, answer and be answered in any court of
law or equity in this State, and may do and exe-
cute every other matter and tiling by the name
aforesaid, that they are authorised to do by vir-
tue of this act.

Incorporated.

SEC. 4. And be it enacted, That the president
and managers after their election as hereinbefore

May receive
additional sub-
scriptions.