|
|
|
|
|
FRANK BROWN, ESQUIRE, GOVERNOR.
|
803
|
|
|
SEC. 6. And be it enacted, That the corporation hereby
|
|
|
|
formed shall have power, and is hereby authorized to con-
|
Powers
|
|
|
struct, lay and operate a railway or transportation road from
|
|
|
|
Annapolis to Bay Ridge and Friendship in Anne Arundel
|
|
|
|
County, through, over and along any of the streets of Annap-
|
|
|
|
olis and roads of Anne Arundel County, and also to erect
|
|
|
|
lines of wires and lay pipes or tubes for using and supplying
|
|
|
|
of electricity, electrical currents and power for the purpose
|
|
|
|
of propelling cars upon said railway and for all other pur-
|
|
|
|
poses to which electricity or magnetism may be applied,
|
|
|
|
either above or below ground, in pipes or otherwise, over
|
|
|
|
under or along the streets, lanes roads, public highways,
|
|
|
|
and Bridges and alleys of the city of Annapolis, and the
|
|
|
|
county of Anne Arundel, and to that end to lay pipes,
|
|
|
|
tubes, wires, conductors and insulators, and to construct
|
|
|
|
poles and posts etc., and to construct, maiutaiu, remove and
|
|
|
|
replace, and repair from time to time, all such lines, pipes
|
|
|
|
and appliances, and also to extend said railway or branches
|
|
|
|
thereof to other places within the limits of said county of
|
|
|
|
Anne Arundel ; provided, however, that all such construc-
|
|
|
|
tions shall be done with the permission and consent of and
|
|
|
|
under the general supervision of the city council of Annap-
|
|
|
|
olis City and the County Commissioners of Anne Arundel
|
|
|
|
County, or their agents, if within the limits of their respec-
|
|
|
|
tive jurisdiction.
|
|
|
|
SEC. 7. And be it enacted, That the board of directors
|
By-laws.
|
|
|
shall have power and authority to enact such by-laws and
|
|
|
|
regulations, not inconsistent with law, for the management
|
|
|
|
of the affairs of said corporation as they may deem expedi-
|
|
|
|
ent, and shall also appoint and employ such officers, agents
|
|
|
|
and servants as they deem proper for the construction,
|
|
|
|
preservations and repairing of said lines of railway and
|
|
|
|
property, and for the transaction of all other business of
|
|
|
|
said corporation, with full power to fix their compensation
|
|
|
|
and to remove them at pleasure.
|
|
|
|
SEC. 8. Be it enacted, That if said board of directors
|
|
|
|
shall deem it expedient to increase said stock to two hun-
|
Increase
|
|
|
dred and fifty thousand dollars, that they shall open sub-
|
capital.
|
|
|
scrintion books for the said increased stock as provided in
|
|
|
|
section three for the subscription of the original stock.
|
|
|
|
SEC. 9. And be it enacted, That if any subscriber to the
|
|
|
|
stock of this corporation shall fail to pay over the amount
|
Failure to
pay sub-
|
|
|
of his subscription upon demand, that he shall be allowed
|
scriptions.
|
|
|
three days to pay in the same, and that if said subscription
|
|
|
|
shall not be paid in as demanded before the expiration of
|
|
|
|
three days or such portion thereof as may be demanded.
|
|
|
|
then his name may be stricken from the list of subscribers
|
|
|
|
|
|
|