|
|
|
|
|
THOMAS H. HICKS, ESQUIRE, GOVERNOR.
|
295
|
|
|
all other questions to be determined by said stock-
holders, each stockholder shall be entitled to one
vote, for every share of stock held by him not
exceeding thirty shares.
|
|
|
|
SEC. 5. And be it enacted, That the subscribers
for the stock of said company shall be and they
are hereby incorporated and constituted a body
politic by the name and style of the Green Spring
Avenue company, and by the same name the said
stockholders, and their successors and assigns,
shall have all the privileges and franchises of or
incident to a corporation for such purpose, and
shall be capable of taking and holding the said
capital stock and the increase and profits thereof,
and of enlarging the same by new subscriptions
on the original terms, if necessary to fulfill the
intent of this act, and of purchasing and hold-
ing to them and their successors, in fee simple, or
for any less estate such property and estate, real
and personal, as shall be necessary to them in the
|
Incorporated.
|
|
|
prosecution of their work; Provided, said real es-
tate shall not exceed two acres, in any one lot or
parcel, for the use of a gate-keeper, and of suing
and being sued, in any court of law or equity in
this State; and the said company shall have pow-
er to make a seal, and to alter or destroy and re-
new the same at their will and pleasure, and to do
all other acts necessary for the purposes for which
they are incorporated, as fully as any other cor-
poration may do.
|
Proviso.
|
|
|
SEC. 6. And be it enacted, That the sums so
subscribed shall be paid to the managers elected
agreeably to the provisions of this act, in the fol-
lowing manner, to wit: one-fourth part thereof
inclusive of the one dollar per share paid to the
commissioners at the time of subscribing, and the
remainder in such sums, and at such times as said
managers may appoint, they giving four weeks
notice of the payment so required in some one
of the newspapers of the city, and in another of
the county of Baltimore.
|
Subscriptions
— how paid.
|
|
|
SEC. 7. And be it enacted, That the stockhold-
ers of said company shall on the first Monday
of January, eighteen hundred and fifty-nine, and
on the same day in each succeeding year, elect by
ballot in the name aforesaid seven managers for
the ensuing year, and they or a majority of them
|
Seven Mana-
gers to be elect-
ed.
|
|
|
|
|
|
|
![clear space](../../../images/clear.gif) |