686

LAWS OF MARYLAND.

nually, and to serve for the term of one year ; and each stock-

holder shall have or be allowed one vote for every share owned

by him or her, and may vote cither in person or by proxy ; such

by-laws as may be found necessary may be made and adopted

by the Board of Directors ; provided, however, that the same

are not contrarv to law, nor to the objects of this incorporation.

including in such b-laws and regulations for the affairs of the

company, appointments, pay and duties of the president and

necessary subordinate officers, and the time, place and notice

for the holding of the annual meeting of the stockholders for

Dividends
out of the

the election of directors, and also for the declaring of such divi-

profits.

dends out of the profits of the said company as the Board of

Directors may deem proper.

Powers of

SEC. 5. And be it enacted. That the said company shall have

company.

power to construct or acquire, equip and operate a railroad, the

motive power whereof shall be electricity, or other power than

steam ; or the motive power whereof shall be electricity or other

power, with steam as an auxiliary or supplemental power

wherein electricity or other power than steam shall be the prin-

cipal or primary power, or a mixed power, wherein electricity

or other power than steam may be used for the motive power

for the passenger, mail and express service of said railroad, and

steam for the motive power propelling freight thereon, or vice

versa, as the directors may determine, from some point on the

west bank of the Susquehanna river, in Harford County, be-

tween the mouth of Deer Creek and the Pennsylvania State

line, and extending westwardly or northwestwardly, through

the northern part of Harford County, for a distance of 12 1/2

miles, or more, to some point at or near the said State line, not

further westward than the boundary line between Harford and

Baltimore counties, with power to cross and bridge the Susque-

hanna river, and extend the said railroad eastwardly or north-

eastwardly, to some point at or near the Pennsylvania State

line, not more than 20 miles eastward from the Susquehanna

river, and with power to build and construct lateral lines from

the main line of said railroad into any section of Harford, Cecil

or Baltimore Counties, and to and across the said Pennsylvania

State line and into Pennsylvania, as the said Board of Directors

may deem necessary and advisable. And the said company shall

Additional

have power to transport and haul passengers, parcels, packages

powers.

and general freight over said railroad, and to charge therefor

such rates of compensation therefor as the Board of Directors

may, from time to time, determine.

Describing

SEC. 6. And be it enacted, That the railroad to be constructed

said rai1 -
road.

shall be of single or double track, and shall have as many sets

of tracks, switches and turnouts and branches as the said Board

of Directors may deem necessary, and the said Board, or their

agent or agents, duly authorized, may cause to be made, or con-

tract with others for making, said railroad bed, track, switches,

turnouts, bunches, powerhouses, power plants and trolleys, or

any part thereof, including building bridges, necessary ware-