THOMAS SWANN, ESQUIRE, GOVERNOR. 597
so elected shall hold their office until their succes-
sors shall be elected, and on the assembling of the
said first general meeting of the said stockholders,
the power given to the Directors in the fourth sec-
tion of this act to make, amend and repeal by-
laws shall cease, and the said stockholders at their
said meeting, and at all succeeding annual meet-
ings shall have power to make such by-laws for the
government of said corporation not inconsistent
with this Act or the laws of this State, and the
same to amend and repeal as a majority in value
of said stockholders may determine; and in the
election of Directors, and the making, amending
and repealing of by-laws, every stockholder shall
have one vote for every share of stock he she or
they may own, and may vote the same in person
or by proxy. |
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Sec. 6. And be it further enacted, That noth-
ing in this Act contained shall be construed as
granting banking privileges to said corporation,
and the General Assembly reserves the right to
alter, amend or repeal this act of incorporation at
pleasure. |
No banking
privileges. |
Sec. 2. And be it further enacted. That this Act
shall take effect from the date of its passage. |
In force. |
CHAPTER 302. |
|
AN ACT making appropriations for the support
of the Government for the year ending on the
first day of January, eighteen hundred and
sixty-eight. |
Passed Mar.
22,1867. |
SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That for the expenditures in the
support of the Government, for the year ending
on the first day of January, eighteen hundred and
sixty-eight, the following sums of money, or so
much thereof as may be necessary, be and the same
ie hereby appropriated, that is to Bay : |
Appropria-
tion. |
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