ART. 26.] CORPORATIONS.
named in such certificate, or such of them as may be

39

present, shall be inspectors of such election, and shall
certify what persons are elected directors, and appoint
the time and place for holding their first meeting; a

Inspectors of
election.

majority of said directors shall form a board, and be
competent to fill vacancies in their board, make by-
laws, and transact all business of the corporation; a
new election shall be annually held for directors, at
such time and place as the stockholders, at their first
meeting, shall determine, or as the by-laws of the cor-
poration may require ; and the directors chosen at any
election shall, so soon thereafter as may be convenient,

Majority to
form board
powers.

choose one of their number to be president, and shall

President.

each take an oath or affirmation faithfully to discharge
his duties; and they shall, from time to time, make
such dividends of the profits of said company as they
may think proper.

Oath

231. The said president and directors, or their agent
or agents authorized by them, may agree with the

Ibid s. 10.

owner or owners of any land, earth, gravel, stone,
timber, streams, or materials, or any improvements
which may be wanted for the proper construction or
repair of any said roads, or any of their works, for
the purchase and use and occupation or diversion of
the same; and if they cannot agree, or if the owner
or owners of any of them be an infant, feme covert,
who is not possessed of the property to her sole and
separate use, or authorized to contract in reference to
the same, non compos mentis, or out of the county,
where such property wanted may lie, when such prop-
erty may be wanted, or for any other cause be legally

May purchase
land, &c.

incapable of contracting, application may be made by
the said company to any justice of the peace of such
county, who shall thereupon issue his warrant, under
his hand and seal, to the sheriff of the county, requir-

How land, &c.,
condemned

ing him to summon a jury of twenty of the inhabitants
of said county, above the age of twenty-one years, and
qualified to act as jurors under the laws of this state,
not related to the parties, nor in any wise interested, to
meet on the lands, or near the materials or other prop-

Sheriff to sum-
mon jury.