WASHINGTON COUNTY. 4801

unexpended balance from said receipts, upon the order of the mayor
and council, to lay such additional water mains or pipes, and erect such
additional fire-plugs or hydrants, and make such improvements as the
mayor and council may direct; and any unexpended balance thereafter
shall be credited to the account of the mayor and council and shall be de-
ducted from the amount to be paid the said joint stock water company on
account of interest upon the cost of construction as hereinbefore men-
tioned.

P. L. L., 1888, Art. 22, sec, 208. 1880, ch. 457.

365. They shall also bind the said company to keep said water works
in complete repair and working order, and continue their working at such
periods and intervals as will furnish and fully supply with water the de-
mands of the corporation and inhabitants thereof at all times and all
hours; and said joint stock water company shall not receive said amount
of four thousand dollars, nor any part thereof, unless they comply fully
with the provisions of sections 363 to 375, inclusive.

P. L. L., 1888, Art. 22, sec. 209. 1880, ch. 457.

366. They shall also bind said company to make an itemized state-
ment, annually, of all their receipts, expenditures and indebtedness, and
exhibit the same to the mayor and council.

P. L. L., 1888, Art. 22, sec. 210. 1880, ch. 457.

367. They shall also approve the schedule of all water rates, water
rents or water charges to be made by the said water company for the use
of water, and also approve the salaries, if any, of all the officers of the
joint stock water company; and the schedule of rents or charges so adopted
and salaries so approved, shall not be changed by the said company with-
out the consent and approval of the mayor and council of Hagerstown.

P. L. L,., 1888, Art. 22, sec. 211. 1880, ch. 457.

368. They shall also bind said company to receive and admit into the
board of directors or managers of said company, two directors or man-
agers to be appointed, annually, by the mayor and council as their repre-
sentatives, and to have the same power and duties as the directors or man-
agers elected or chosen under and by virtue of the charter or by-laws of
said joint stock water company; provided, however, that neither the mayor
nor any member of the council shall be eligible as director or manager on
the part of the town.

P. L. L., 1888, Art. 22, sec. 212. 1880, ch. 457.

369. Whenever, the said joint stock water company shall have been
formed, and entered into the contracts with the mayor and council of
Hagerstown, according to the provisions of Sections 363 to 375, inclusive,
and shall have erected water works and supplied the corporation of Hagers-
town and the inhabitants thereof with water, and shall so increase their
receipts and income as to be able to pay their working expenses, repairs,