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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2441   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR

105

and for such other like objects as the Company by
their by-laws may designate, which property the
said Company are hereby empowered to acquire,
hold, possess and enjoy in their name aforesaid,
and for said purposes.

 

Sec. 6. And be it enacted, That the three sub-
scribers first hereinbefore named, or in their de-
fault, any other three subscribers, shall call a gen-
eral meeting of said stockholders within thirty
days from and after the passage of this Act, by first
giving at least ten days notice by advertisement,
published in the newspapers of Hagerstown, of the
time and place of such meeting, at which meeting
the President and Managers for the ensuing vear
shall he elected, the necessary by-laws passed, and
such other business transacted as may be deemed
needful and expedient, and at such and all other
meetings of the stockholders the mode of voting
upon all questions arising for their determination,
except otherwise by general consent, shall be reg-
ulated by the number of shares of stock held by
each, as follows : For every share, one vote ; and
that all subscribers to the joint stock of said Com-
pany shall be entitled to vote by proxy at the said
first, and all other meetings thereafter of the stock-
holders, and the same privilege shall be and is
hereby allowed to such as may be sick or absent
from the county, or may reside beyond the limits
of the town of Hagerstown.

Meeting of
stockholders

Sec. 2. And be it enacted, That this Act shall
take effect from the date of its passage ; the Legis-
lature reserving the right to alter, annul or repeal
this Act at pleasure.

Approved February 26, 1868.

In force and

reservation.

 

 

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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2441   View pdf image (33K)
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