THOMAS SWANN, ESQUIRE, GOVERNOR. 275

that nothing herein contained shall be construed as in any way giving to the said Corporation any banking privilege whatsoever.
Sec. 3. And be it enacted, That the Commission- ers aforesaid shall, as soon as conveniently may be after five hundred shares of stock shall be sub- cribed and paid for as aforesaid, give notice in newspapers published in Baltimore and Towson- town, for the subscribers to meet and organize the said Company, and choose by a majority of votes of the said subscribers, by ballot, to. be given in person or by proxy, one President and seven Di- rectors, who shall be residents of the State of Mary- land, a Treasurer, and such other officers as shall be deemed necessary ; said President and Directors shall conduct the business and manage the concerns of. the said Company until the second Monday of June thereafter, and until like officers are chosen to succeed them, and may make and enforce by- laws, rules and regulations provided for by the second Section of this Act.	Organize.
Sec. 4. And be it enacted, That the stockholders shall meet on the second Monday of June next, after the organization of said Company, provided for by the secand Section of this Act, and upon the same day in every year thereafter at some hotel or other public house on the road, of which notice shall be given by the Secretary, at least five days, in the newspapers mentioned, and choose by a ma- jority of the votes there present their officers for the ensuing year, as mentioned in the third Sec- tion of this Act, who shall continue in office for one year, and until others are chosen, and the said Stockholders shall meet at such times as they may be summoned so to do by the Directors, in such manner and form as shall be prescribed by the by- laws, and at the annual and special meetings they shall have full power to do any corporate act con- sistent with this Charter.	Time of meet- ing-
Sec. 5. And be it enacted, That the election of officers aforesaid shall be conducted in the follow- ing manner, that is to say, the Directors for the time being shall appoint three of the stockholders not being Directors to be judges of the said election, and to conduct the same after having severally taken and subscribed an oath or affirmation before a Judge or	Manner of election.