1238 LAWS OF MARYLAND. [Ch. T44]

directors of the company, and the cancelling of the insurance or
insurances for which they were given as premiums, under such
regulations as the said president and directors may establish;
and in case of any refusal or neglect to pay such notes or evi-
dences of debt, either wholly or in part, whenever and as often
as may be demanded by the president and directors of the com-
pany, the said president and directors may proceed to collect the
same, or any part thereof, in the same manner as in the fore-
closure of a mortgage on real estate; the said notes or evidences
of debt to be held and deemed as a mortgage on such real estate.
The board of directors of said company are hereby authorized
and empowered to dispense with promissory or premium notes
whenever they deem it to the interest of the company to do so.

SEC. 2. Be it enacted, That section 6 of the above-mentioned
charter or act of incorporation be repealed and the same re-en-
acted to read as follows:

SEC. 6. And be it enacted, That it shall be the duty of the
president or secretary of the said company annually to give
notice of at least two weeks by advertisement in some newspaper
published in Montgomery county and in Howard district of
Arundel county, or by notice posted at such public places as he
may deem proper, of the election, which shall be held on the
second Tuesday in May in each and every year after the year
1912, for thirteen directors of the company, who shall .be men-
bers thereof; but in case such election shoiild, from any cause,
not be held on the same day, the company shall not in conse-
quence thereof be dissolved, but such election may be held at
such subsequent time as may be selected by the board of direct-
ors or a majority of them. At all such elections each member
shall have one vote, and may vote either in person or by proxy.
Approved April 15, 1912.

CHAPTER 744.

AN ACT to amend section 1 of Chapter 267 of the Acts of the
General Assembly of Maryland of 1902, entitled "An Act
to incorporate the Patapsco Electric and Manufacturing Com-
pany" in so far as said section relates to the corporate powers
of the said body corporate, and to re-enact the said section so
as to read as follows:

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the corporate powers of the Patapsco Electric and