466
Failure to
hold election
not to work
for forfeiture.
Twelve
stockholders
may call
meeting.
President and
Directors to
qualify.
Power to
construct
railway.
Proviso.
In case of die
agreement.
Sheriff to
summon jury
of inquisition;
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LAWS OF MARYLAND.
given by the directors, but a failure to hold an elec-
tion at the time prescribed, shall not work a for-
feiture, but said election may be lawfully held at any
other time after notice as aforesaid, and until such
election and qualification of their successors, the
President and Directors then in office shall continue
to serve; and if the directors in office shall fail or
refuse to call a meeting of stockholders for the pur-
pose of electing directors, it shall be competent for
any twelve of the stockholders to call such meeting
and hold such election, giving notice thereof as afore-
said, and at every election, the stockholders present
shall appoint the judges of election, and the President
and Directors shall annually make to the stockholders
a full statement of the affairs of the company, and. a
dividend of the profits, if any.
1 SEC. 5. And be it enacted, That every President and-
Director before he acts as such shall swear or affirm,
as the case may be, before some Justice of Peace
that he will faithfully and justly execute the duties
of his office.
SEC. 6. And be it enacted. That the company hereby
incorporated shall have power to construct a railway,
with one or two tracks and the necessary sidelings,
for the transportation of travelers or freight by horse
power, and have the exclusive use of any streets or
county roads, over which they may wish to lay their
track, between Boundary avenue and Lake Roland;
prodded said track or tracks are constructed in such
a manner as not to interfere with the travel over said
streets, or roads.
Sue. 7. And be It enacted. That in case the said com-
pany shall not be able to agree with the owner or
owners of any land required for. said railway, or for
the purchase of stone, gravel or earth required in the
construction thereof, or where such owner may be
an infant, feme covert or-nun compos mentis, on appli-
cation to a Justice of the Peace of Baltimore county,
he shall issue Ins warrant, under Ills hand and seal,
„ directed to the Sheriff of said county, requiring him
a to summons a jury of twenty inhabitants of said
county, not in any wise interested in the question,
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