LAWS OF MARYLAND.

63

before two witnesses, and registered after the proof of the execu-
tion thereof, in the company's books, and not otherwise, except
by devise, which devise shall also be exhibited to the president
and directors, and registered in the company's books before the
devisee or devisees shall be entitled to draw any part of the profits
from the said tolls or dividends; Provided, that no transfer shall be
made, except for one or more whole shares, and not for part of such
share or shares; and that no share or shares shall at any time be sold,
conveyed or held in trust for the use and benefit, or in the name of
another whereby the said president and directors, or the stockholders
of the said company or any of them, shall or may be challenged or
made to answer concerning any such trust; but that every person ap-
pearing as aforesaid to be a stockholder, shall, as to the others of
the said company, be, to every intent taken absolutely as such; but
as between any trustee and the person for whose benefit any trust
shall be created, the common remedy may be pursued.

Dec. Ses. 1824

18. And be it enacted, That if the said capital and the other
aids already granted by this act, shall prove insufficient, it shall
and may be lawful for the said company, from time to time, to
increase the said capital by the addition of so many whole shares
as shall be judged necessary by the said stockholders, or a majori-
ty of them present at any general meeting of the said company; and
the said president and directors, or a majority of them, are hereby
empowered and required, after giving at least two months previous
notice thereof, in at least four of the news-papers printed in Vir-
ginia, Pennsylvania, Maryland and the District of Columbia, to
open books in the before mentioned states and district for receiving
and entering such additional subscriptions, in which the stockhold-
ers of the said company for the time being shall and are hereby
declared to have the preference of all others, for the first thirty
days after the said books shall be opened as aforesaid, of taking
and subscribing for so many whole shares, as any of them shall
choose, and the said president and directors are hereby required to
observe in all other respects, the same rules therein, as are by this
act prescribed for receiving and adjusting the first subscriptions,
and in like manner to return, under hands of any three or more of
them an exact list of such additional subscriptions, with the same
subscribed to the public authorities as aforesaid, to be by them
preserved as aforesaid; and all stockholders of such additional
shares shall and are hereby declared to be from thence forward in-
corporated into the said company.

Increase of
capital.

19. And be it enacted, That whenever it shall become necessary
to subject the lands of any individuals to the purposes provided
for in this act, and their consent cannot be obtained, it shall and
may be lawful for the company to enter upon such lands and pro-
ceed to the execution of such works as may be requisite; and that
the pendency of any proceedings in any suit in the nature of a
writ of ad quod damnum, or any other proceedings, shall not hin-
der or delay the progress of the work; and it shall be the duty of
every court to give precedence to controversies which may arise
between the company created by this act, and the proprietors of
land sought to be condemned for public uses, and to determine
them in preference to all other causes.

Hinderance
avoided.