The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1866-06-23
CHAPTER 20

AN ACT TO incorporate the PocAhonias Manulac-
turing company.
Section I. BE Il enacted by the General Assem-
bly, of Maryland That William T. SlothOwer.
George SloihoweF, George W. Hopper, Morris r.
SloihOwer, John Tillon and George Younger,
their associates successors aud assigns hereby
made AID declared 10 be body corporate by the
nance the " PocahOnias Manufacturing Compa-
ny, and by that name may sue and be sued in
amy couri 81 Law or equity, aud may make aad
use a common seal, aud alter the same at pleas
urc aud may have aud use all the rights, pow
cfa and privileges necessary OF proper FOR manu-
featuring cotton, wool haK, hemp, jute, iron aud
other articles, aud vending the same " hen made,
aud may purchase, hold aud use real and per-
sonai estate, construct such buildings aud i'm
pr0vcmcnls on their land may b. necessary "a
carry on their said business aud the estate or
ans part thereof 20 sell aud convey or otherwi-,
dispose Of as they may deem proper, and gener-
ally 10 do all such acts and 10 pass and enforce
such bylaws aud regulations o. may BE- neccssa-
~ aud proper for conducting the business Of said
corporation the same not being contrary 20 the
laws u this State
Sec ? And be- II enacted, That the capital
stock u said company shall BE- divided into
shares 0f hiiy dollars each, and shall Al no time
exceed two hundred thousand dollars aud every
Izrson who shall be the proprietor ~ one share
or more Of said STOCK shall be- a member Of said
corporation and as such shall b. entitled AZ all
elections aud 10 all meetings 81 the Stockholders
20 one vote, IN person o. By attorney. for each
aud every share Of capital stock which is held
by such person aud the said capital stock may
ia whole or 10 part consist Of aud he vested ia
lands, buildings, machinery, tools aud materials
necessary or useful for carrying on the business
81 said corporation, aud the shatrs % said cspi-
ial stock shall b. deemed personal estate, aud he
uansierable IN such manner a. shall b, pfoyid-
% and directed by the by-lAws
See J. And be Il enacted That the affair Of
the company shall be conducted by a Pfesideu,
aud Directors, who shall be chosen by the Stock
holders from atnongs, themselves ia such insurer
aud A. such time ~ the bylaws may provide
aud who shall act in their respective cficers IN
~ SUCCESSORS shall be chosen and ihey OF a ms
ioriiy ~ them shall have full power and auihori-
y AZ point, compensate and remove such ofictrs
agents and servants As they may deem necessary
IN the business uf said CofBfauy also 20 contract
for aud purchase such real aud personal esisie
aud erect all such buildings aud improvements -
they may think necessary 70 carry into eFec; the
Object o. .ai1 company, and the sane or anv
part Thereof 10 cell. convey o. Otherwise dispose
% al their discretion also 20 prescribe the m0de Of
distributing registering and transferring the CAP
ial stock u the corporations aud the certificates
'hertof aud 20 declare aud pay dividends u the
uci profits Of sad compsny and generally 10 DO
all such acts ss for conducting the bushes u the
sai1 corporation a. ihey uay think proper the
not being contrary 10 l4w aud 10 oase a vacan-
~ shall happen ihe Presidency o. Directory Of
aid corporation. the Stockholders after zen DAYS
noiice By advertisement ia two daily papers pub
shod To- the city q Baltimore. at a SPECIAL meet
ug 90 bee held for lhai purpose shall Oh tie
hy choosing President % Director 20 serve IN
90 'he next election, aud for the irausaciion az
any bushes. hereby coufds9 20 the said Presi-
dent aud Directors majority q them shall tr =
quorum.
Sec = Aud b. il enacted. That nothing IA
this act contained shall be - construed az 90
confer any banking privilege on ihs said oorpo-
ration o. the right 10 issge any uo,c ir the "a
iurr q hauk note aud the General Assembly
hereby reserves 90 ITSELF The right 20 alter amend
or refeal ihis act ~ pleasure
SEC o. And b. !, enacted. That this act shall
take eject from The date ofits passage.