THOMAS SWANN, ESQUIRE, GOVERNOR. 425

such officers in the employ of said Company, and to determine the manner of adjusting and settling all accounts against said Company, and also the manner and evidence of transfer of stock in the said Company, and they, and a majority of them, shall have the power to pass all by-laws which
they may deem necessary or proper for exercising all the powers vested in the Company hereby in- corporated, and for carrying the objects of this Act into effect ; provided only, that such by-laws shall not be contrary to the laws of the United States, the State of Maryland, or any of the pro- visions of this Act.	By-laws.
Sec. 9. And be it enacted, That at the regular annual meeting of the stockholders of said Com- pany it shall be the duty of the President and Di- rectors in office for the preceding year to exhibit a clear and distinct statement of the affairs of the Company ; that at any called meeting of the stock- holders, a majority of those present may require similar statements from the President and Di- rectors, whose duty it shall be to furnish them when thus required.	Exhibit.
Sec. 10. And be it enacted, That if the capital stock of said Company shall be deemed insufficient for the purposes of this Act, then, and in that case, it shall and may be lawful for the President and Directors of said Company, or a majority of them, from time to time to increase the said capital stock by the addition of as many shares as they may deem necessary, so that the whole capital stock shall not exceed two hundred and fifty thou- sand dollars, for which they may cause subscrip- tions to be received after giving notice as afore- said.	Increase cap- ital stock.
Sec. 11. And be it enacted. That the President and Directors shall have power to lay off and con- struct a railroad not exceeding one hundred feet in width, with one or more sets of tracks, from a point known as "Roaring Point," on the Nanti- coke River, or the mouth of Fuetipquin Creek, at the discretion of the stockholders, to connect at Salisbury with the Wicomico and Pocomoke Rail- road, and also to locate and construct an extension and lateral branches of the said railroad to any point or points in Wicomico County in this State	Width of road.