| 1796. |
LAWS of MARYLAND.
|
CHAP.
LXIX. |
the said clerks, and seal of their office, or either of them, shall
in all cases be
sufficient evidence of such subscription. |
A meeting
may be called,
&c. |
II. And be it
enacted, That as soon as five
hundred shares shall be subscribed,
the persons hereby empowered to take in subscriptions, or any eight of
them,
may call a meeting of the subscribers, at the city of Washington, after
not less
than four successive weeks notice in the Baltimore-town, George-town, Easton
and Annapolis news-papers; and the subscribers assembled in consequence
of
such notice shall choose, by ballot, from among the subscribers, by a majority
of the votes of such as shall be present, in person or by proxy, twelve
directors,
for the term of one year thereafter, and on the same day annually, for
ever
thereafter, a like election shall
be made; and in case of refusal, death, resignation,
disqualification, or removal out of the state, of any director, the remaining
directors, at their meeting thereafter, shall elect, by ballot, another
person
qualified as aforesaid in his place, for the residue of the year; the directors,
or
any seven of them, shall, at their first meeting after every general election,
elect,
by a majority of the members present, by ballot, from among the stockholders,
a president, who shall, whether
a director or not, be thereupon entitled to all
the powers and privileges of one, and if he was before a director, another
director
shall be elected as aforesaid, so as to keep up the number of directors
prescribed by this act, exclusive of the president; and in case of refusal,
death,
resignation, disqualification, or removal out of the state, of the president,
the
directors shall meet, as soon as
conveniently can be thereafter, and elect another
person for president in the manner
before directed. |
Stockholders
incorporated,
&c. |
III. And be
it enacted, That the stockholders
in the said company shall be
and they are hereby incorporated,
and constituted a body corporate and politic, by
the name of The President, Directors
and Company, of the Washington Turnpike
Road, and by the same name shall have succession during the continuance
of this incorporation; and the said
stockholders, and their successors, by the
name aforesaid, may sue and be sued, answer and be answered, in any court
of
law or equity in this state, and may do and execute every other matter
and thing
by the name aforesaid that they are authorised to do in virtue of this
act, and
shall have power to make a seal, and alter, or break and renew the same,
according
to their will and pleasure. |
Directors to
receive subscriptions,
&c. |
IV. And be it
enacted, That after the said
directors shall be appointed, they
shall have full power and authority to receive subscriptions for all unsubscribed
or vacant shares, and thereupon the powers heretofore vested in the managers
for taking subscriptions shall cease; and that there be a meeting of the
directors
quarterly, for the purpose of regulating the affairs of the corporation,
any seven
of whom to make a board, and that the board have power to adjourn from
time
to time; and the president, or any three of the directors, may call a special
meeting at any other time they may think necessary. |
President, &c.
to appoint
commissioners,
&c. |
V. And be it
enacted, That the president and
directors be and they are hereby authorised
to appoint five commissioners, neither
of whom shall be an inhabitant
of Anne-Arundel, Baltimore or Prince-George's counties, or directly or
indirectly
interested in any of the lands through
which the said road may or shall pass; and
the said commissioners, or a majority of them, shall lay out and mark a
public
road from the city of Washington
to Baltimore-town, on as streight a line as
the nature of the country, and public convenience, will admit; provided
that
the said road shall not be carried through any building, garden, yard,
or bearing
apple orchard, without the consent of the owner and possessor thereof. |
Who are to
take an oath,
&c. |
VI. And be it
enacted, That the said commissioners,
before they proceed to
the execution of the powers vested in them by this act, shall take the
following
oath, or affirmation: " I, A. B. appointed a commissioner to lay
out and mark
" a public road from the city of Washington to Baltimore-town, will lay
out
" and mark the same according to the best of my skill and judgment, and
according
" to the directions of an act of assembly, entitled, An act to lay out
and |
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