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Session Laws, 1892
Volume 397, Page 201   View pdf image (33K)
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PRANK BROWN, ESQUIRE, GOVERNOR.

201

ration; to provide for compensating the president of the


company, and to pass all such by-laws and make all such

rules and regulations, and the same from time to time, to

alter or amend, as shall be necessary to the full exercise of the

powers hereby granted and mentioned and all other powers

vested in the said directors or in the corporation by the act

to which this is a supplement, or by any of the former sup-


plements thereto.


SEC. 7. And be it further enacted, That this act shall


at all times be liable to be amended, altered or repealed by
the General Assembly of Maryland, and until specially

Liable to
repeal, &c.

repealed thereby, shall continue in force.


SEC. 8. And be it enacted, That this Act shall take effect

Effective.

from the date of its passage.


Approved March 16th, 1892.


CHAPTER 144.


AN ACT to amend the charter of the Woodberry Manufac-


turing Company, incorporated under the Act of the


General Assembly of Maryland, passed at the January


session of 1868, chapter 463.


SECTION 1. Be it enacted by the General Assembly of


Maryland, That the directors of the Woodberry Manufac-


turing Company, a corporation created under and by virtue

Number of

of the Act of the General Assembly of Maryland, passed at

directors.

the January session of 1868, chapter 463, and the amend-


ments thereto, shall at no time be less than seven nor more


than nine, as a majority of the stockholders of said corpor-


ation may from time to time determine, at any meeting or


meetings called after the passage of this act, and all


elections for directors shall be by ballot, and each stock-


holder shall be entitled to as many votes as he owns shares


of stock in said corporation, but no share of stock shall be


voted for more than one person, and the persons not ex-


ceeding the number of directors to be voted for receiving


the greatest number of votes shall be directors, provided ,


however, that in the event of a failure to elect the full num -


ber of directors, the stockholders shall elect a sufficient


number to complete the board of directors, and the stock-


holders shall fix by their by-laws a time for the election cf


directors after the first election held under the amendment,


and the board of directors, under this amendment, shall


liave power to fill any vacancy in their number until the




 
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Session Laws, 1892
Volume 397, Page 201   View pdf image (33K)
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