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THOMAS H. HICKS, ESQUIRE, GOVERNOR.
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567
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Maryland Lime Company, be and the same is
hereby changed to the name of "The Maryland
Lime and Marble Company of Baltimore," by
which latter name and title said corporation shall
be authorised to have and exercise all the corpo-
rate powers granted by the original act of incor-
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poration and by this act; Provided, that no suit
pending and no contracts or obligations to which
the said body politic and corporate may be a party
in its original name shall be affected by this act,
but that the same shall stand and be of the same
virtue and effect in law as though its corporate
name had not been changed.
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Proviso.
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SEC. 2. And be it enacted, That the capital
stock of the same company may be increased to
three hundred thousand dollars in shares of one
hundred dollars each.
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Capital stock
may be increas-
ed.
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SEC. 3. And be it enacted, That the objects of
the said corporation shall be, in addition to those
named and declared in the original act of incor-
poration, to quarry, manufacture and sell marble,
and for the aforesaid purposes to purchase, hold
and sell land in fee simple or otherwise necessary
to conduct the business and erect thereon all need-
ful and convenient buildings and machinery.
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Additional ob-
jects of incor-
poration.
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SBC. 4. And be it enacted, That for the pur-
pose of enabling the said corporation more fully
to accomplish the objects contemplated by this act
as well as the original act of incorporation, the
said corporation be and is hereby authorised to is-
sue bonds from time to time with coupons or war-
rants annexed to the semi-annual interest accru-
ing thereon, in sums to suit its convenience and
views of expendiency and to an amount not exceed-
ing in the aggregate of bonds outstanding at any
one time, one hundred thousand dollars, such
bonds to be made payable at not more than twen-
ty years from date with interest at the rate of
six per cent per annum to be paid in semi-annual
instalments, and that the President and Directors
of said company may sell, use or dispose of all
such bonds at pleasure, upon such terms and in
such manner as they may think best for the inter-
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Authorised to
issue bonds.
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est and advantage of said corporation; Provided,
that none of the bonds hereby authorised to be
issued shall be for a less sum than one hundred
dollars, and that nothing herein contained shall
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Proviso.
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