142

LAWS OP MARYLAND.

the second Monday in April thereafter, or until their successors

shall be elected, and to continue the succession of said corpora-

tion, a general meeting of the stockholders shall be held annually

on the second Monday in April, at which meeting a board of

directors shall be elected in manner aforesaid to serve for one

Term

year or until their successors shall be elected; and other meetings

may be called of the stockholders by the president and directors

or a majority of them according to such rules as may be adopted

by the by-laws of said corporation, and the board of directors may

meet as often as may be necessary for the transaction of the

business of the corporation.

SEC. 5. And be it enacted, That the corporation hereby formed

shall have power and it is hereby authorized to construct, lay,

operate and erect lines of wires for illuminating purposes, also to

lay tubes for the using and supplying electricity and electrical

currents and for all other purposes to which electricity or mag-

netism may be applied, either above ground or under ground or

in pipes or otherwise over, under and along the streets, squares,

Powers.

lanes, roads, public highways, bridges and alleys of the city of

Baltimore and Baltimore county, and to that end to lay tubes,

wires, conductors and insulators and erect poles and posts and

construct, maintain, repair and remove from time to time all such

lines, pipes and appliances; provided, however, that in the con-

struction, maintenance, removal and repair thereof, when within

the limits of the city of Baltimore, the same shall be under the

supervision of the city commissioner; and when within Bal-

timore county the same shall be done under the supervision of

the county commissioners of Baltimore county; and, provided,

further, that if said company shall not begin the erection of its

plant within twelve months from the day of the passage of this

act, and complete the same in a reasonable time thereafter, this

act shall be null and void.

SEC. 6. And be it enacted, That the directors of said corpora-

tion shall have full power to adopt such by-laws, rules and regu-

lations for the direction and management of said corporation as

may in their judgment be necessary for the purposes of their in-

corporation not inconsistent with the provisions of this charter,

and the laws and constitution of this State, and the president and

Rules.

directors of said corporation, or a majority of them, shall consti-

tute, appoint and employ such officers, agents and servants for the

construction, preservation and repair of the said line and property

and the transaction of all other business of said corporation with

full power to fix their compensation and to remove them at

pleasure.

SEC. 7. And be it enacted, That should said. president and di-

rectors determine to increase the capital stock of said corporation

as authorized in the second section of this act, they or a majority