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ODEN BOWIE, ESQUIRE, GOVERNOR. 787
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invest and use the funds of the Company in any
manner they may see fit, not inconsistent with the
charter and by-laws, and generally to do any other
act or acts touching the interest and business of
the Company which they may deem advantageous,
and to make all necessary by-laws for the govern-
ment of the Company, and the same to alter and
repeal at pleasure, provided such by-laws be not
contrary to the laws of this State or of the United
States.
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By-Laws.
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Sec. 9. And be it enacted, That seven Directors
shall constitute a quorum for the transaction of
business, and said Board may call a general meet-
ing of stockholders for any purpose relative to the
affairs of the company, giving at least ten days
notice thereof by publication in one or more of the
daily newspapers of the city of Baltimore, or by
written or printed notice to each stockholder; and
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Quorum.
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any number of stockholders holding together not
less than five hundred shares of stock, fully paid
to said company, may at any time apply to the
Board of Directors to call a general meeting of
stockholders for any purpose relative to the affairs
of the company; and if the Board shall refuse to
call such meeting, when so requested, the stockhold-
ers holding said number of shares of stock, fully
paid, shall have power to call such general meeting
of stockholders, by giving at least fifteen days notice
of such meeting, by publication in two or more of
the daily newspapers in said city, which notice
shall be signed by the stockholders giving the
same, and shall state the object of such meeting;
and at any regular or called meeting of the stock-
holders of said company, persons holding more
than half the whole number of fully paid up shares
of stock, being present in person or by proxy,
shall constitute a quorum for the transaction of
business, and may remove the President, Vice
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Powers of
Stockholders.
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President or any Director, and fill vacancies so
created; and at all meetings of stockholders the
voting shall be by ballot, unless otherwise ordered
by the meeting, and a majority of the whole num-
ber of shares represented in any meeting shall be
sufficient to pass any measure, or do any act pro-
posed thereat which said stockholders may law-
fully do.
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Remove offi-
cers.
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