The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1866-04-07
! ew AdgertSSements.
.eY09l1, cIIAPTER ls. ViN809

AN ACT to incorporate the President and Di.
rectors of1he Baltimore aud III kesyille Rail
road Comianyiof Baltimore. %ts4
SECTION Lie it caarted by the General Assf
seus5Ly Of Maryland, That John 7. Ford, VIII
liam Thomson, Charles Ill. Mills GustaYus, A..
Thomson and CoYington ID. Barnetz. be and are
hereby appointed commissioners. to open books
and receive subscriptions 10 the capital stock
Of the Baltimore and Pikesville Railroad Com
pany, hereby incorporated and they, or ma
jority OF them, shall at any time within one
| year after the passage of this act, procure q
sutIieiept numberof suitable books, which shall
be opened at such time or times pa &C or places,
1 as they may think proper, in each Of which
| said books Shall be made the following entry .
| We whose names are hereunto subscribed do
| promise to pay TO the President and Directors
| of the Baltimore and Pikesville Railroad COM
pany, the sum Of twenty dollars for each and
every share of stock set opposite toour respec-
| tive names in suchmanner and proportion and
| at such times as shall be determined by the
| President and Directors of the said Company,
| in pursuance Of an act OF the General Assem-
bly, Of Maryland entitled, An Act to incorpo-
rate the Baltimore and Pikesyile Railroad
Com pany," as witness our hand and seals this
- day Of -- in the year Of our Lord
one thousand eight hundred and ---, and
if any of the said commissioners shall die or
decline to act before the fulflment Of the duties
devolved on them by this act, aothers may be
appointed in their stead by theTepainingco
SEC. - AsnRr rr.rx lc III 3 That the capital
stock Of said Baltimore and Pikesville Railroad
company shall be two hundred thousand dol
lars in shares Of twenty dollars each, and as
soon as five hundred shares OF said stock shall
be subscribed and paid in, the subscribers, thei
successors and assigns, shall beand arc hereb,
declared TO be incorporated by the name an,
stvlc and title Of the Baltimore and Pikesyill
| Gam, md nv that Sta
have perpetual succession, and be capable il
law Of purchasing, receiving, holding, using
selling, leasing, mortgaging and conveyln
goods and chattels, lands, tenements and he
reditainents and all real estates, personal an
mixed property of whatsoever kind may su
, and be sued plead and be impleaded in al
| courts of this State or of the United States
may make. have anduse common seal, aud ma
also ordaiIl establish and enforce such bylaw
and regulations as they shall deem necessar
: for the government of said corporation not re
. pugnant to the Constitution and laws of TIL
E State and of the United States, and general
5 may do all and singular the matters and thing
e AMI exercise all rights, powers and privilege
: which may properly appertain for the well b
!. ing and ordering of said corporation; proulde
g that nothing herein contained shall be COZ
e struad as in any way giving to the said corp'
!, ration any banking privileges whatsoever. :
Q SEC. 3.-AND BE IT ENACTED, That the commi
: sioners aforesaid shall, as soon as convenient
f NAV be, after five hundred shall be subscribe
: and paid for, as aforesaid, give noticc.i in new
r papers published in Baltimore and Towsontow
f for the subscribers to meet and organize tt
said company, and choose by majority OF W
Q ters of the said subscribers, by ballot, to
e given in person or by proxy, one President an
J, seven Directors, a majority of whom snail
residents of the State of Maryland Treasure
!, and such other officers as shall be deemed n
| Draci1apt .ond DIRECTORS ghn
i conduct the business and manage the concern
of the said company until the second Monde
of June thereafter, and until like officers a.
chosen to succeed them, and may make ar
enforce bylaws, rules and regulations provide
for by the second section OF this act.
!. SEC 4-AND BE IT ENACTED, That the stool
holders shall meet on the second Monday
June next after the organization OF said comp
nv, provided for by the second section of tn
act, and upon the same day in every year ther
after at Buffin gton Hotel, ON said road, of whiC
notice shall be given by the Secretary, at lea
five days in the newspapers mentioned, an
choose by majority of the votes there presen
their officers for the ensuing year as mentione
. | in the third section of this act, who shall col
t tinue for one year and until others are chose
and the said stockholders shall meet at sue
other times as they may be summoned so to
1 bv the Directors in such manner and form
} shall be prescribed by the bylaws, and at Il
: annual and special meetings they shall hay
full power to do any corporate act conslstel
with this charter.
.5.-ANp RE 1T ENACTED, That the electic
of officers aforesaid shall be conducted in Il
following manner, that is to say: the Directo
for the time being shall appoint three of IL
. Stockholders, not being Directors, to be judg'
= of the said election. and TO conduct the san
after having severally taken and subscribed q
affirmation before a Judge or Justice oiftt
Peace, well and truly, according to law, to col
duct such election, and the said judges, or
majority of them. shall decide upon the quail
] fication of the voters, and when the election
. closed shall count the votes and declare WI
: has been elected, and fit shall happen that a
election of any one all of the officers OF sal
/, company shall not be made, the corporatisl
I'll for the cause shall not deemed to be dissolved
that it shall be lawful to hold and make sue
Q election for President and Directors, Treasure
and other officers, on the same day or any da
thereafter, by giving at least ten days motto
D thereof signed by the President or Secretary
e in the newspapers as before mentioned, of til
time and place of holding said election, and tn
9 President and Directors, and others last clecl
ed, shall continue to act and be invested wit
all the power belonging to their respective sit
uations, until another election shall take place
in case OF death, resignation, refusal or neglec
i to act or removal from the State of any Officer
his place shall be filled by the Board of Dree
tors until the next annual election /; pror'ded
the removal from the State OF any Directo
shall not operate to vacate. should there be
majority of the Directors still residing in tn
State.
SEC. 6.-ASD BE 1T ENACTED, That the Pres
dent and Direetorsshall hold their meetings a
Bufington's Hotel, situate on said road, or sucf
| other places as the Stockholders shall direct
and when met, four shall form quorum, wht
in the absence of the President, may choose {
chairman, and the said Directors shall annual
ly, or oftener in case of vacancy, appoint Q
Secretary, who shall keep minutes of theil