Page:United States Statutes at Large Volume 17.djvu/453

 FORTY-SECOND CONGRESS. Sues. IH. Ch. 46. 1873. 413 Sec. 8. That each stockholder of said company shall be individually smkhoiam liable for all debts and liabilities of said company to an amount equal to i¤di*'id¤¤UYU· the amount of stock held by said stockholder, and no further. Sec. 9. That there shall be an annual meeting of the stockholders for stock. choice of directors, to be holden at such time and place and under such. A““3“l'“°?1" conditions and upon such notice as the said company in their by-laws may mg an mpow prescribe; and said directors shall annually make a report in writing of their doings, to the stockholders. Sec. 10. That within thirty days after the approval of this act, the 1}oqksofsubcorporators named in the first section of this act, or a majority of them, €g‘l)l’“°“ *° ,***1 or if any refuse or neglect to act, then a majority of the remainder, shall e cpanel ` cause books of subscription to the capital stock of said company to be opened and kept open in some convenient place in the city of Washington,`from nine o’clock in the forenoon until three 0’c1ock in the afternoon, for a period to be fixed by said corporators, not less than three days, unless the whole stock shall sooner be subscribed; and subscribers upon said books to the capital stock of said company shall be held to be stockholders: Provided, That every subscriber shall pay at the time of Payment of tex: subscribing ten per centum of the amount by him subscribed to the treas- Per °°"* of “°°k· urer appointed by the corporators. And when the books of subscription to the capital stock of the said company shall be closed, the corporators named in the first section, or a majority of them, or in case any of them refuse or neglect, then a majority of the remainder, shall, within thirty days thereafter, call afirst meeting of the stockholders of said company First meeting to meet within twenty days thereafter for the choice of directors, and in °§,St€§kh°j}l¤**· all meetings of the stockholders each share shall entitle the holder to one ° s' mx," vote, to be given in person or by proxy. APPROVED, January 21, 1873. CHAP. XLVI. —- An Act to authorize the Washington Cit and Point Lookout Railroad Jan. 22, 187.:. Company to extend cz Railroad into and within the l/)1'strict¢y" Columbia. WW Whereas it is represented to this present Congress that the Washing- pmmbie, ton City and Point Lookout Railroad Company, organized on the twenty- fourth day of February, eighteen hundred and seventy-two, under the provisions of an act of the general assembly of the State of Maryland entitled "An act toprovide for the creation and regulation of incorporated companies in the State of Maryland/’ approved April fourth, eighteen hundred and seventy, desire to extend their railroad into and within the District of Columbia: Therefore, Be it enacted by the Senate and House of Representatives of the (belted States oj America in Congress assembled, That the Washington City and Washington Point Lookout Railroad Company shall be, and they are hereby, author- gityr &¤·_ <¤il·‘<>¤¢ ized and empowered to extend their railroad into and within the. District e,2;°},°3`}{S';°_;ff, of Columbia, to a point on the Eastern Branch of the Potomac river imo the·District between the Potomac river and the point where the Baltimore and Poto- °f(#°l““‘l"*‘· mac railroad crosses the said Eastern Branch; and a branch from the Branch. main stem of said railroad to a point at or near the southern terminus of the southeastern boundary line between the District of Columbia and the State of lllaryland; and the said Washington City and Point Lookout Railroad Company are hereby authorized to exercise the same pow- Powers, &c.,ot ers, rights, and privileges, and be subject to the same restrictions in the extension and construction of their said railroad into and within the said` District as they may exercise or are subject to under the said act of the general assembly of Maryland, approved April fourth, eighteen hundred and seventy, in the construction and operation of their railroad within the State of Maryland ; and shall be entitled to the same rights, compensation, benefits, and immunities in the use of said road, and in regard thereto, as are provided in said act of the general assembly of l\laryland, it being expressly understood that the said Washington City and Point