EDWIN WARFIELD, ESQ., GOVERNOR.

543

I. The board of directors of said company shall have the

power to declare such a dividend upon the stock of said com-

pany from time to time as in their judgment the condition of

the business of the company may justify and warrant.

2. That the board of directors of said company shall have

full power to call in all the common stock of said company and

Power of
board of di-

cancel the same, upon condition, nevertheless, that new stock

rectors.

of equal par value be issued to the holders thereof ; said direc-

tors shall also have power to insert as a condition in the new

stock to be issued by them the right of the said company to

deduct from the par value of the stock of any holder the amount

of any account or indebtedness owing to said company by

such holder, and any assignment of such stock by such holder

shall be subject to the lien of said company for such unpaid in-

debtedness ; said directors may also insert a condition in said

stock requiring the holder thereof to purchase in commodities

a certain sum per month from said company, and upon the

failure of such holder to make such purchase, the said com-

pany shall be entitled to redeem said stock at its par value

Entitled to re-

upon one month's notice of its intention so to do. And this

deem stock.

Act shall be considered as incorporated in the charter afore-

said.

SEC. 2. And be it enacted, That this Act shall take effect

from the date of its passage.

Approved April 8, 1904.

CHAPTER 311.

AN ACT to incorporate the town of Vienna in Dorchester

County, Maryland.

SECTION i. Be it enacted by the General Assembly of Mary-

land, That the citizens of the town of Vienna in Dorchester

Vienna, Dor-

County shall be and they are hereby constituted and made a

chester
County, Md.

body corporate by the name of the Commissioners of the

town of Vienna, with all the privileges of a body corporate,

and by that name to sue and be sued, and to have and use a

common seal and have perpetual succession.

SEC. 2. And be it enacted, That there shall be three Com-

missioners of the said town, each of whom shall be a citizen of

Number of
Town Com-

the United States, at least twenty-four years of age, and shall

missioners.

have resided in said town for at least twelve months prior to

his election, and shall own real estate in his own name to the