ODEN BOWIE, ESQUIRE, GOVERNOR. 801

for the space of sixty days next after the time when the same shall he due and payable, the stock on which it is demanded shall be forfeited to the Com- pany, and may be sold by the said President and
Directors for the benefit of the Company ; but the President and Directors may remit any such for- feiture on such terms as they may deem proper.	Forfeited if not paid.
Sec. 4. And be it enacted, That as soon as five hundred shares of twenty dollars each of said capital stock shall have been subscribed, the said Commissioners, or a majority of them, shall call a general meeting of the subscribers, at such time and place as they may appoint, and shall give at lease ten days public notice thereof; and at such meeting, the said Commissioners shall lay the sub- scription books before the subscribers then and there present, whereupon the subscribers or a	General meet- ing.
majority of them shall elect seven Directors by ballot, to manage the affairs of the Company, which Directors or a majority of them, shall have the power to elect a President either from among the Directors or others, and shall allow him such com- pensation for his services as they shall deem proper and at said election, and in all other elections by the stockholders of said Company, each stockholder shall be allowed one vote for every share of stock owned by him or her, to the extent of one hundred	Directors and President.
shares, and for every additional one hundred shares, ten votes, and no person shall be allowed to vote more than one thousand shares of stock ; the share- holders in the aforesaid cases may vote either in person or by proxy, and the Commissioners afore- said, or any three of them shall be the judges of the first election for Directors.	Toting.
Sec. 5. And be it enacted, That the Company hereby incorporated shall have power to make and construct a railway, with single or double track and sidlings, as they may deem expedient for the transportation of passengers, by horse power, from Baltimore City to Hall's Springs, in Baltimore county, to connect with the Baltimore City Pas- senger Railway at the corner of Chew street and Central avenue, or such other place or places as may be deemed most advantageous to the interests	Track.
of the Company, and in like manner with the ter- minus of the said Baltimore City Passenger Rail- 51	Terminus.