|
CHAP. 353.
|
to any by-law adopted at a general meeting of the
|
|
|
stockholders of the said company, and in case of any
|
|
Vacancies
|
vacancy occurring in the presidency or directory of
|
|
|
this company, the remaining directors shall have pow-
|
|
|
er to fill the vacancy by appointing some stockholder
|
|
|
to serve therein until the next general election there-
|
|
|
after.
|
|
Annual meeting
|
SEC. 5. And be if enacted, That a general meeting of
|
|
|
the stockholders shall be held on or before the first
|
|
|
Monday of next November, and annually thereafter,
|
|
|
at such time and place us shall be established by the
|
|
|
by-laws, to which it shall be the duty of the president
|
|
Report of affairs
|
and directors aforesaid to make report of the whole
|
|
|
condition of the business and affairs of the said compa-
|
|
Special meeting
|
ny; and special meetings of the stockholders may be
|
|
|
called at any time by the president and directors of
|
|
|
said company or by stockholders thereof, who shall
|
|
|
together be proprietors of not less than one-fifth part
|
|
|
of the whole stock of said company, first giving twenty
|
|
|
days' public in one or more newspapers published in
|
|
|
the city of Baltimore, of the object or objects of said
|
|
|
meeting, and in any and every meeting of the stock-
|
|
Quorum
|
holders a quorum for the transaction of any business,
|
|
|
other than the election of president and directors, shall
|
|
|
consist of the owners and representatives of at least the
|
|
|
major part of the capital stock of the said company,
|
|
|
and every such meeting shall have power to pass and
|
|
|
alter, and repeal any by-laws or resolutions, which
|
|
|
shall be binding on the president and directors, of-
|
|
|
ficers, agents and servants of the said company, the
|
|
|
same not being contrary to law; and shall also have
|
|
Statements
|
power to require settlements, statements and accounts
|
|
|
relative to the business and dealings of said company,
|
|
|
general or particular; and may also dismiss any pre-
|
|
|
sident, director, officer, agent or servant at pleasure,
|
|
|
and appoint others in their stead.
|
|
Subscription of
|
SEC. 6. And be it enacted, That the, estate of any
|
|
Ridgely's estate
|
tenant by the courtesy, feme-covert or minor in the
|
|
|
aforesaid lands, forges, mills, other improvements and
|
|
|
their appurtenances, of which Charles Ridgely, of
|
|
|
Hampton, died, seized and possessed, may be subscribed
|
|
|
to the capital stock of the company, by this act incor-
|
