FRANK BROWN, ESQUIRE, GOVERNOR.

359

in said town, and at such meeting, said incorporators, or a

majority of them, shall lay the subscription books before

the subscribers then and there present, whereupon the sub-

scribers or a majority of them, who may represent a majority

of the stock so subscribed, shall elect by ballot five or more

directors, but not exceeding seven, who shall be stockholders

in said corporation to manage the affairs of said corporation,

which directors, or a majority of them, shall have the power

to elect a president from among the directors, and in said

election and all other elections by the stockholders of said

company, each shareholder shall be allowed one vote for one

share owned by him or her, and every stockholder may vote

either in person or by proxy, and the" said incorporators, or

a majority of them shall be judges of the first election of

directors, and until the first election for directors as herein

provided for, and said incorporators shall be the directors

of said corporation, with full power and authority to act

as such.

SEC. 4. And be it enacted, That the president and directors

elected at the first meeting of said stockholders shall serve

President

until the second Monday in April thereafter, or until their

and
directors.

successors shall be elected, and to continue the succession

of said corporation, 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 man-

ner aforesaid, to serve for one 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 is hereby authorized to con-

struct, lay, operate and erect lines of wires for illuminating

Powers of
corpora-

purposes ; also to lay tubes for the using, and supplying

tion.

electricity and electrical currents and for all other purposes

to which electricity or magnetism may be applied, either

above ground or under ground or in pipes or otherwise, over,

under and along the streets, squares, lanes, roads, public

highways, bridges and alleys of the town of Cambridge

and Dorchester County, and to that end lay wires, tubes,

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 construction, maintenance, removal and repair thereof

when within the limits of the town of Cambridge, the