1681.

LAWS OF MARYLAND,

CHAP. 288.

engineers, agents, or servants, whatsoever, as they may

deem necessary, for the transaction of the business of the

company; and may remove any of them at their pleasure;

that they, or a majority of them, shall have power to deter-

mine, by contract, the compensation of all the engineers,

Fix compensation.

officers, agents, or servants, in the employ of said company;

and to determine, by their by-laws, the manner of adjusting

Adjusting ac-
counts.

and settling all accounts against the company; and also the

manner and evidence of transfers of stock in said company;

and that they, or a majority of them, shall have power to

Pass by laws.

pass all by-laws, which they may deem necessary or proper,

for exercising all the powers vested in the company hereby

incorporated; and for carrying the objects of this act into

Proviso

effect; Provided only, That such by-laws shall not be contra-

ry to the laws of the United States, or of this State.

Authority to

Sec. 11. And be it enacted, That if the capital stock of

enlarge the capital

said company, shall be deemed insufficient for the purposes

of this act, it shall and may be lawful for the directors of

said company, or a majority of them, from time to time, to

increase the said capital stock, by the addition of as many

shares as they may deem necessary, for which they may, at

their option, cause subscriptions to be received in the man-

ner prescribed by them, or may sell the same, for the benefit

of the company, for any sum not under their par value; and

that they, or a majority of them, shall have power to borrow

money, for the objects of this act; to issue certificates, or

other evidences of such loans, and to pledge the property of

the company for the payment of the same, and its interest.

Authority to

Sec. 12. And be it enacted, That the directors of said

construct rail way

company shall be, and they are hereby invested with all the

rights and powers necessary to the location, construction

and repair of the rail road, from the city of Baltimore to

Fort Deposit, not exceeding one hundred feet wide, with

the necessary addition for embankments and excavations,

and with as many sets of tracts as the said directors, or a

Make contracts.

majority of them may deem necessary, and they or a ma-

jority of them, may cause to be made or contract with

others for making said rail road, or any pait of it, and they

their agents, or those with whom they may contract for,

making any part of the same, or their agents, may enter

upon and use, and excavate, any land which may be wanted

Erect warehouse

for the site of said road, or the erection of ware-houses, or

&c.
Repair the road

other works necessary to said road, or for any other pur-
pose necessary, or useful in the construction or repair of

said road, or its works, and that they may build bridges,

se materials.

and fix scales and weights, may may rails, may take and use

any earth, timber, gravel, stone or materials which may be