EDWIN WARFIELD, ESQ., GOVERNOR.

613

for every share owned by him or her, and every shareholder

or stockholder may vote in person or by proxy, and the direc-

tors so elected shall serve for one year or until their suc-

cessors shall be elected ; and other meetings of the stockholders

may be called by the president and directors or a majority of

them, according to such rules as may be adopted by the by-laws

of said company, and the board of directors may meet as

often as may be necessary for the transaction of the business

of said company. Ten days' notice shall be given by publica-

Notice of

tion in two daily newspapers published in the City of Baltimore,

election of

of the time and place of the general annual meeting of the

directors.

stockholders and of the election of directors of the same, as

above referred to.

SEC. 6. And be it enacted, That the directors shall have

Power to de-

power to declare such dividends out of the profits of said

clare divi-
dends.

company as they may deem proper; provided, that no divi-

dends shall be declared when the capital stock shall be im-

periled thereby. The directors shall also have power to require

payment from each and every stockholder of the amount re-

maining unpaid on the stock of the company held by such

stockholder at such times as they may think proper.

SEC. 7. And be it enacted, That the said company shall have

Provisions and

and enjoy all the general power, provisions and privileges, and

privileges.

be subject to the general regulations contained in Article 23

of the Code of Public General Laws of Maryland, the said

Article, known also as the Article providing for the formation,

powers and regulations of corporations, so far as the same may

not be inconsistent or in conflict with the special or general

regulations of provisions, powers, rights and advantages con-

ferred or intended to be conferred by this Act.

SEC. 8. And be it enacted, That the company hereby incor-

Right to build

porated shall have the power to make, construct and maintain

and maintain

a railraod with double or single tracks and sidings, as it may

railroad.

deem expedient, for the transportation of passengers, freight,

merchandise and produce in cars, propelled by electricity,

in any form, or other improved motive power other than steam,

with the right to erect and maintain such poles and wires and

appurtenances as may be necessary, and to build the necessary

turnouts, bridges, switches, to its car barns and powerhouses

in Anne Anmdel County, said railroad to begin at a point or

points whence connections can be made with the United Rail-

ways of Baltimore City, or the Curtis Bay branch of the

Baltimore and Ohio Railroad, and continuing thence to Cur-