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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2536   View pdf image (33K)
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198

LAWS OF MARYLAND.

 

thousand or more shares of stock, to call such gen-
eral meeting, and in case of their refusal or failure
so to do, the said shareholders holding one thous-
and shares or more of stock may call baid general
meeting in manner above specified.

Election post-
poned.

Sec. 8. And be it enacted, That should it from
any cause happen that the annual election for Di-
rectors should not take place in any year on the
day hereinbefore mentioned for that purpose, this
Company shall not for that reason be dissolved,
but such election may be lawfully held on such
convenient day thereafter as may for that purpose
be fixed on by the Directors, notice being given
thereof by an advertisement, for ten days' previous,
in one or more papers published in the city of Bal-
timore.

Banking
prohibited.

Sec. 9. And be it enacted, That nothing herein
contained shall be so construed as to confer upon
the said Corporation the power to issue any note,
token, scrip, device or other evidence of debt to be
used as currency.

Reservation.

Sec. 10. And be it enacted , That the Legislature
reserves the powers to alter, amend or repeal this
Act of incorporation at pleasure.

In force.

Sec. 11. And be it enacted, That this Act shall
take effect from and immediately after the day of
its passage.

Approved March 17, 1868,



 
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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2536   View pdf image (33K)
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