THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1835:

person or by proxy, and shall be counted according to

CHAP. 327

the number of shares which each voter may hold; Pro-

Proviso

vided, that no meeting shall be a legal meeting, unless

a majority of the stock is represented in said meeting.

SEC. 9. And be it enacted, That the capital stock of

Stock to be person

said company shall by themselves and by al! other per-

til property

sons, be deemed and treated as personal property, and

shall be so considered in Jaw, and the shares in said

stock shall be transferable on the books of said compa-

Transfers

ny, and not otherwise, in such form as the company

shall direct, but no share shall be so transferred on

the books of the company until all dues and liens there-

on in favour of the company shall have been discharg-

ed, and it' any holder of a share or shares shall be in

Power to sell delin-

default of payment of any debt due to the company,

quents' shares

upon his said share or shares, it shall be lawful for

the president and directors, after thirty days' notice

in writing, to sell the said share or shares or so many

as may be necessary to discharg the said debt and

costs of sale, at public auction, under the hand of the

treasurer of the company; and the person or persons

purchasing the said share or shares shall hold the same

with all the rights belonging thereto.

SEC. 10. And be it enacted, That all such parts of

May be repealed

this act as relates to the establishment, working or

carrying on of mills, mines or manufactories, may be

modified or repealed by the Legislature of this State,

at any time after thirty years from the passage of this

act.

SEC. 11. And be it enacted, That this act, nor no

No banking privi-

part thereof, shall be so construed as to give to said

leges

company any hanking privileges.

CHAPTER 327.

A supplement to the act, entitled, an act to Incorporate

Passed April 2,1836

the Baltimore and Port Deposite Rail Road Company,

passed December session, eighteen hundred and thir-

ty-one, chapter two hundred and eighty-eight.

WHEREAS, doubts are expressed whether the corpo-

Preamble

ration created by the act, to which this is a supple-