1835.

CHAP 364.

LAWS OF MARYLAND. binding on the president and directors, and shall have

power, with the actual assent of the owners of a major-

ity of the whole number of shares of stock, to remove

from office the president or any director, and to dismiss

any officer, agent or other person in The employ of the

company, and elect or appoint another or others to fill

the vacancy or vacancies so made, and with such as-

sent of such full majority, may provide for selling or

otherwise disposing of all the property, estate and ef-

fects of the company, and dividing the proceeds among

the stockholders, and for dissolving the corporation

created by this act.

Right reserved to modify or repeal

SEC. 6. And be it enacted, That at any time after

after 1856.

the end of the year eighteen hundred and fifty-six, it

shall be lawful for the legislature to alter, modify or

repeal all or any of the provisions of this act.

CHAPTER 364.

Passed June 1, 1886

An act, to amend an act, entitled, an act to Incorporate

the Union Company.

It works shall not

SECTION 1. Be. it enacted by the General Assembly of

be completed in 2 years

Maryland. That if the said Union Company shall not,

within two years after the canal, or lock and dam na-

vigation, authorised to be made by the act of which

this is an amendment, shall have been completed from

the Chesapeake and Ohio Canal, to the mouth of Sa-

vage River, continue the same up George's creek, and

Savage and Potomac Rivers, or having commenced the

same, shall at any time thereafter suspend the said con-

tinuation thereof, on either of the said rivers or Geor-

Right reserved to

ge's creek, for the space of one year, then the powers

grant to others to construct

granted to the said company, shall not he so construed

as to prevent the legislature of this State from author-

ising any other company to continue the same; and the

legislature reserves the right to authorise other persons

or companies to connect other rail roads with the canal,

or lock and dam and rail roads of the said company,

subject to such regulations as are provided, in like ca-

ses for uniting with the Baltimore and Ohio Rail Road;