JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 631
of one year thereafter, or until their successors shall
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be duly elected and qualified, with power to aaid pre-
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Vacancies.
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sident and directors to fill any vacancy or vacancies
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which may take place amongst them, during their
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term of office, by the election of such other person
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or persons, from amongst the stockholders, as they
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may select, and the said president and directors, so
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elected, and their successors, duly appointed, shall
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have and exercise all the other powers now possessed
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and enjoyed by the president and directors of the
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Chesapeake and Ohio Canal Company, under its
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charter and the several amendments and supple-
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ments thereto, not herein otherwise provided ; and
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shall at all times be removable by the vote of a ma-
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jority of the stockholders of said company, at any
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Removable.
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public meeting thereof, duly called, after thirty days'
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public notice; said meeting to be held at the princi-
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pal office of said company ; and shall receive such
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compensation for their services as the stockholders
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may from time to time determine.
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SEC. 4. And be it enacted, That there shall be held
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annually, on the first Tuesday in June, in each and
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Meetings.
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every year, a general meeting of the stockholders of
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said company, to receive and consider the annual
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report of the president and directors for the prece-
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ding year, and elect their sucessors, and to transact
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any and all other business relating to said canal,
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and the affairs of said company, which may be
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brought before them. At all meetings of the stock-
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holders, a majority in value thereof shall be neces-
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sary to constitute a quorum ; and in case at any of
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said annual meetings of the stockholders, or at any
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other meeting thereof, whether regular or special, a
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quorum should not be present, an adjournment may
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be had to some other day, and so on, from time to
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time, until the attendance of a quorum shall be ob-
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tained.
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SEC. 5. And be it enacted, That the said company
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shall begin the construction of said canal within ten
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years from the date of the passage of this act, and
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Begin the
construction.
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shall complete the same within twenty years from.
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the commencement thereof; and the said canal and
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the works to be erected thereon, when completed,
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shall forever thereafter be esteemed and taken to be
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navigable as a public highway, free for the trans-
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