384
Dividends
To call a gen-
eral meeting
*
Refusal to
call general
meeting.
May accept
additional
powers
Reserved.
In force
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LAWS OF MARYLAND.
SEC. 7. And be it enacted, That the Director may de-
clare .semmi-annual dividends of the profits, or so
much thereof as they may deem proper, in such form
as they shall elect.
SEC. 8. And be it enacted, That the Board of Direc-
tors may call a general meeting of the stockholders
when the affairs of the corporation require, giving at
least fifteen days notice thereof in two daily news-
papers in the City of Baltimore; and any number of
stockholders holding together not less than one-third
of the unredeemed shares, may at any time apply to
the Board of Directors to call a general meeting of
the stockholders for any purpose relative to the
.affairs of the corporation; and if the Board refuse to
call the meeting, the number of stockholders, pro-
prietors of the number of shares aforesaid, shall have
power to call a general meeting of stockholders,
giving notice thereof as aforesaid, specifying in the
notice the object of such meeting.
SEC. 9. And he It enacted That a majority in
amount of the whole number of stockholders may,
in their discretion, accept and exercise any additional
powers and privileges which may at any time be
conferred upon this corporation, either by amend-
ments of this Act or by any other Act hereafter to
be passed.
SEC. 10. 'And be It enacted, That the General As-
sembly reserves to its self the right to repeal, alter
or amend this charter at pleasure, and that this Act
shall take effect from the date of its passage.
Approved April 1, 1872
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