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FRANK BROWN, ESQUIRE, GOVERNOR.
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149
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bond, if any be required, to be given by the officers of the
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said corporation, and to regulate the salaries of the officers
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or employes of the said corporation.
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SEC. 4. And be it enacted, That the said corporation
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hereby formed, shall have full power to manufacture tin-
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Powers
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ware, hardware and such other articles of merchandise as
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of cor-
poration
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the said corporation may deem profitable, and may barter,
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buy, sell and deal in such articles of merchandise, and such
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other articles of merchandise either wholesale or retail, as
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the said corporation may deem profitable, except spirituous
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and fermented liquors ; and shall have power to acquire,
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develop, improve, use, work or otherwise dispose of any
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novelty, invention or process patented by the United States ;
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and for the sale, lease, or other disposition of articles manu-
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factured under such patent or patents ; and shall have
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power to acquire by purchase or lease such real estate as
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may be deemed necessary and proper by the said corpora-
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tion, for the useful and successful management and opera-
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tion of the business of said company, and may sell or lease the
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said real estate if the said company shall deem it advisable.
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SEC. 5. And be it enacted, That the said corporation
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hereby created, and the Board of Directprs and stock-
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Additional
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holders thereof, shall in addition to the powers hereby
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powers
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granted, have and enjoyed in all respects all the powers,
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privileges, benefits and advantages which now are, or may
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hereafter be conferred by the Public General Laws of Mary-
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land, relating to corporations, upon corporations formed,
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or to be formed in accordance with the provisions thereof ;
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and the corporation hereby formed shall in all respects,
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except in so far as may be inconsistent with the provisions
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of this act, be subject to the provisions and regulations con-
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tained in the Public General Laws of this State, relating
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to corporations, in reference to corporations formed or to be
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formed thereunder.
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SEC. 6. And be it enacted, That at all elections, every
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stockholder shall be entitled to one vote for each share held,
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Vote
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and the stockholders may vote either in person or by proxy.
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of stock-
holders.
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SEC. 7. And be it enacted, That this act shall take effect
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Effective
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from the date of its passage.
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Approved March 15th, 1892.
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