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1810 41 (1810)

handle is hein.ssl/ssct0372 and id is 1 raw text is: OCTOBER SESSION, 1810. CHAP. I. An Act incorporating the Middletown Manufac- turing Company. A E it enacted by the Governor and Council and .J House of R~eitresentative8 in General Court as. aembled, That Arthur Magill, Joel Barlow, Alexander Wolcott, Daniel Buck, Arthur W. Magill, and Isaac Sandford, together with such other persons as have asso- ciated, or may hereafter associate with them, for the pur- poses of manufacturing cloths and other fabricks of wool, and of cotton and wool, their successors, and assigns, be and they hereby are created, and made a corporation, and body politic, by the name and style of the 3fiddletown Corporate Manufacturing Company, and by that name shzll be capa- nawne. * ble in law of suing, and being sucd, of pleading and being impleaded, of defending, and being defended, in all courts Generalpow- or places whatsoever ; the said corporation are also hereby CU. authorized to have and use a common seal, and the same to break, alter and renew at pleasure, and also to ordain, establish and put i execution, such by-laws and regula- tions as shall be deemed necessary and convenient for the transferring of shares in the stock of said company, and for the well ordering and government of said corporation, not beiog contrary to this charter, or to the laws of the the United States, or of this state. * 2. The capital stock of said corporation shall not ex- Capital stock. ceed two hundred thousand dollars, to be divided intQ shares of one thousand dollars each ; and said corporation shall have power to purchase, take and hold, any real, as well as personal estate, proper for the purposes of their institution, provided such real estate shall not exceed at any one time, Ifty thousand dollars in value. Apd all 6