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Proceedings and Acts of the General Assembly, 1867
Volume 133, Page 5023   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR. 811

owners or representatives of so much of the stock
of the said company as at the time of such meet-
ing may have been subscribed for, and every such
meeting of stockholders shall have power to pass,
renew, alter or repeal by-laws or resolutions which
shall be binding on the officers and agents of said
company, and shall have power to require settle-
ments, statements and accounts relating to the
business of said company from officers and agents
in their employment, and may also dismiss any
President, Director, officer or agent and appoint
others in their stead; and in case of any vacancy
occurring in the Presidency or Directory of said
company the remaining Directors shall have the
power to fill such vacancy by appointing some
stockholder until the next general election there-
after.

Sec. 6. And be it further enacted, That after the
first election of President and Directors it shall be
their duty annually thereafter to call a general
meeting of the stockholders, at such time and
place as they shall appoint, for the purpose of
electing a President and Directors of said company,
who shall serve for one year and until others are
elected in their place, and for the transaction of
any other business in such meeting as may apper-
tain to the affairs of said company; notice of all
meetings of the stockholders to be given by publi-
cation in some newspaper printed in the city of
Baltimore not less than twenty days before the
time of holding such meeting, and shall specify
the time and place thereof.

Annual meet-
ings to be held.

Sec. 7. And be it enacted, That this Act shall
be in force from its passage, and the Legislature
reserves to itself the right to alter, amend or re-
peal this Act at pleasure.

In force.



 
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Proceedings and Acts of the General Assembly, 1867
Volume 133, Page 5023   View pdf image (33K)
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