1034

LAWS OF MARYLAND.

Management
for first year.

SEC. 5. And be it enacted, That all the interest and affairs
of said corporation shall be controlled and managed by the
persons particularly named in the first section of this Act, or
such of them as shall accept office as the board of directors of
said company for and during the first year after the passage
of this Act, and until their successors as such board shall
have been duly elected and qualified, pursuant to the by-laws
and regulations which shall be established by such board, and
thereafter the said interests and affairs shall be managed and
controlled by a board of nine directors, stockholders of said
company, elected by a majority of the votes of all the stock-

May enact
rules, by-laws,
etc.

holders attending in person or by proxy, at the annual meet-
ing of the stockholders, each share of stock so represented be-
ing entitled to one vote, and such board of directors aforesaid
shall elect from their number a president and a secretary and
treasurer. The board of directors, from time to time, may
and shall make, enact, alter and re-enact any and all lawful
by-laws, rules and regulations touching the organization of
said company, taking subscriptions to its capital stock, the
payment of such subscriptions, to issue and transfer certifi-
cates, and the mode of conducting all the affairs of said com-
pany, and shall have full power in law and in equity to
enforce the same.

Authority to
consolidate,
etc.

SEC. 6. And be it enacted, That said corporation is hereby
authorized to consolidate with such railroad or railroads as it
may connect with or cross upon such terms as may be agreed
upon between them, or said corporation may lease or purchase
such connecting roads, or may be leased or purchased by them.

May enter
upon, grade
and occupy
public road,
streets, etc.

SEC. 7. And be it enacted, That said corporation may enter
upon, grade, occupy and use any public road, street or high-
way in said county or any city or town therein within the
limits aforesaid for the purposes aforesaid, so, however, as not
to prevent the free and convenient travel over such public
road, street or highway by any citizen, and provided further
that the said corporation shall keep the county road or public
streets Occupied by them in good order between their tracks,

Authority to
acquire right
of way.

and for two feet on each side thereof, and the said corporation is
further authorized and empowered to acquire such right of
way or the use of lands as it may find needful or advantageous
to the construction and operation of such railway line or lines
by purchase, gift or grant, and for the purpose of obtaining
rights of way, which may be wanted for the proper construc-
tion of such railway line or lines when said corporation cannot
agree with the owner or where the owner is femme covert,