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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2637   View pdf image (33K)
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58
Mode of vot-
ing.
In force
LAWS OF MARYLAND.
hundred and fifty thousand dollars, and not of five
hundred thousand dollars as heretofore authorized;
and the President and Directors of the said Company
may call in the certificates of stock heretofore issued,,
and issue new certificates in the names of the holders
thereof, for the same number of shares of the reduced
par value.
SEC. 2. And be it enacted. That in the election of
Directors, and at all other meetings of the stock-
holders, each stockholder shall have one vote for
each share of stock not exceeding five shares, one
vote for every five shares of stock over five and not
exceeding fifty shares, one vote for every ten shares
of stock over fifty and not exceeding one hundred
and ten shares, and one vote for every twenty shares
over one hundred and ten shares; but no person or
body corporate shall have in any instance more than
thirty votes.
SEC. 3. And be it enacted, That this Act shall take
effect so soon as the same shall have been accepted
by a majority in amount of the whole number of
stockholders, as provided by the nineteenth section
of the Act of which this is an amendment.
Approved February 26, 1872.

 
Repealed. CHAPTER 44.
AN ACT to repeal an Act passed January session,
eighteen hundred and seventy, chapter eleven,
entitled "an Act to repeal section two hundred
and four of article twenty-one, of the Code of
Public Local Laws for Washington county, re-
lating to Justices of the Peace and Constables in
said county," and to amend and re-enact said sec-
tion two hundred and four, article twenty-one of
the said Code, to read as follows:
SECTION 1. Be it enacted by the General Assembly of
Maryland, That chapter eleven of the Act passed at

 

 
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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2637   View pdf image (33K)
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