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Session Laws, 1904
Volume 209, Page 1174   View pdf image
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1174

LAWS OF MARYLAND.

 

SEC. 2. And be it enacted, That Sections 7, 10, 13 and 18

Re-enactments.

of said Chapter 304 of said Acts of 1853, be and the same

 

are hereby repealed and re-enacted as follows:

 

7. Three, the same being a majority of the managers, con-

Quorum for
business.

stitute a board and quorum for the transacting of all kinds

 

of business, and shall be competent to appoint all such officers,

 

agents and servants whatsoever as they may deem necessary

 

for the transacting of the business of the company, to fix their

 

compensation and dismiss them at pleasure; to provide for

 

requiring and taking security for the faithful performance

 

of the duty of any officer of the company, for making all con-

 

tracts, which shall be necessary to effect the purposes con-

 

templated by this Act, and for settling all the accounts of

 

the company; to provide for furnishing to the stockholders

 

certificates or other evidence of their right to stocks, and for

 

the transfer of stock and evidence of such transfer, and to

 

pass all such by-laws as shall be proper or necessary for exer-

 

cising all the powers, rights and privileges vested in the

 

company hereby incorporated, or in the said managers, or for

 

the performance of the duties required of them by this Act,

May alter or
repeal by-laws

and the said by-laws from time to time alter and repeal, sub-

 

ject, nevertheless, to the revision of the stockholders, at a

 

general meeting, as hereinbefore provided.

Road to be laid

10. The said company shall cause the said road to be laid

out and

out and opened, which said road shall be as wide as the bed

opened.

is on which they propose to build, and shall cause twelve

 

feet thereof, or any greater width they may determine, to

 

be made an artificial road of stone or gravel.

 

13. The said company having completed the said road, and

Appointment
of toll gath-
erers.

the same being examined, approved and licensed in manner
aforesaid, it shall and may be lawful for them to appoint such

 

and so many toll gatherers as they may think proper, to col-

 

lect and receive of or from any person or persons using said

 

road, the tolls and rates per mile, the same to be regulated

 

by the president and managers of said company; provided,

 

that the rates and tolls so regulated shall not exceed those of

 

other roads of like nature in this State, and to stop any person

 

riding, leading or driving any horses, mules, oxen, coaches,

 

cart, wagon, sled, cattle, hogs, sheep, sulky, chaise, phaeton

 

or other carriage of pleasure or burden, traction engine,

 

thresher, huller, shedder, corn sheller, automobile or locomo-

 

bile with electric, steam, gasoline or any other character of

 

power.



 
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Session Laws, 1904
Volume 209, Page 1174   View pdf image
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