346

LAWS OF MARYLAND.

conducted by a president and six directors, and that
there shall be an election of seven directors, by ballot,
at Easton, on the said first Monday of May, eighteen
hundred and seventy-six, and on the same day in
each and every year thereafter, by the stockholders,
in person, or by proxy, of the capital stock of said

Directors.

corporation by a plurality of votes, and the directors
so elected shall serve, by virtue of such, until the
first Monday of May next ensuing, the time of such
election, except in cases of failure of election on the
day appointed, and in that case, until the said elec-
tion shall actually take place by the direction of the
president and directors of said company, and the
said directors shall, at their first meeting after such

President.

election, choose one of their number president; and
the said corporation, shall not, in the event of an
election not occurring on the day prescribed for the
annual election be deemed to be dissolved, but it
shall be lawful on any other day, within sixty days
thereafter, to hold and make an election in such
manner as may be prescribed by the said board of
directors; and in case of the death, resignation, or
removal out of the Counties of Talbot and Caroline,
of any directors, the said board may select another
person to supply his place until the next election,
and at every election for directors, each stockholder
shall be entitled to vote such shares in full, as are
held or owned by him or her.

Commission-
ers.

SEC. 4. And be it enacted, That E. L. F. Hardcastle,
John W. Knotts, Henry P. Hopkins and W. H. Smith
of Talbot county, and Henry C. Fisher and John W.
Clark of Caroline county, be and they are hereby
appointed commissioners to open subscription books
. and collect whatever may be subscribed for the erec-
tion of said bridge.

Power to ap-
point.

SEC. 5. And be it enacted, That the president and
directors, for the time being, shall have power
to appoint a treasurer, secretary, toll-gatherer, and
such other officers and servants as they shall deem
necessary, and may demand such security as they
shall appoint for the faithful discharge of the trust
and duties of such office respectively.