Sec. 5. And be it enacted, That the Directors
shall from time to time declare and pay to the
stockholders dividends of so much of the profits
realized by this corporation as they shall deem ex-
pedient after reserving such sums as they shall
decide to be reasonable to meet the expenses of re-
pairs, building or purchase of real estate and arti-
cles for the use of said corporation and the prose-
cution of its business, and that the vote declaring
such dividends be taken by yeas and nays and re-
corded upon the minutes, and that no dividend
shall be declared except out of the net profits of
the business of the said company, and the Direct-
ors present and voting for the declaring of any
dividend made contrary to this provision shall
thereby become jointly and severally liable for all
the debts of the corporation then existing.

Authority to
declare and
pay dividends.

Sec. 6. And be it enacted, That a general state-
ment of the affairs of the company shall be pre-
pared and certified to by the Directors and pre-
sented to the stockholders at their annual meeting
and kept open for their inspection for thirty days
alter the same shall have been presented to them.

General state-
ment of affairs
to be made and
certified to.

Sec. 7. And be it enacted. That this company
shall not be permitted to issue any note, token or
device or evidence of debt to be used as currency.

Banking pri-
vileges prohib-
ited.

Sec. 2. And be it enacted, That this Act shall
take effect from the date of its passage, and that
the General Assembly reserves the right to alter,
amend or annul this charter at any time hereafter.

In force and
reservation.

CHAPTER 114.

AN ACT to amend an Act passed January session,
eighteen hundred and sixty-seven, entitled;
"An Act to incorporate Chester River Steam-
boat Company."

Passed Mar.
5, 1867.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That section five of an Act passed

Section a-
mended and
re-enacted.