938

LAWS OF MARYLAND.

to grant and dispose of, to sue and be sued, plead and be

impleaded in any court of record or any place whatsoever ;

to make and use a common seal, and the same to alter at

pleasure, and also to ordain, establish and put in execution

such by-laws and regulations as shall seem necessary and

convenient for the government of the said corporation

and the management of its affairs; provided the same be

not repugnant to the laws and constitution of the State of

Maryland, or of the United States.

SEC. 4. And be it enacted, That whenever shares to the

Meeting

extent of at least one-tenth of said capital stock shall have

of sub-
scribers

been subscribed, the said company shall call a general meet-

ing of said subscribers in the city of Baltimore, at such-

place as they may determine, and a majority of those at said

meeting shall be empowered to elect a president and direc-

tors, being stockholders, to manage the affairs of the com-

pany for one year and until a new election shall be held in

the manner directed by the by-laws of said company, and

that every subscriber at all meetings of the company shall

be entitled to one vote for every share, he, she, it or they

may own.

SEC. 5. And be it enacted, That the said president and

directors shall appoint the time and place and direct the

President
and

manner of holding the election for president and directors,

Directors.

which shall be annual ; may provide for calling general

meetings of the stockholders, the mode of transferring the

stock of said company, and of reasonable proof of owner-

ship therein for that purpose ; and may have authority to

fix the amount of toll to be paid by persons using or pass-

ing along said road, not exceeding two cents per mile for

each and every mile travelled on said road, by each and every

horse, head of cattle, chaise, wagon, carriage, buggy, etc.

SEC. 6 And be it enacted, That the president and direc-

tors, so to be chosen, be and they are hereby authorized and

Power to
make

empowered to cut, dig and make a turnpike road not less

turnpike
road

than sixty feet in width, of which forty feet may be an

artificial road of stone or gravel or other hard substance

with an additional width of forty feet for a tramway ; pro-

vided that the said company shall have the right to use the

present road, known as the Baltimore and Washington turn-

pike road, with power, however, to deviate therefrom in

part, with consent of the County Commissioners of Prince

George's, Howard and Baltimore Counties, whenever the

said company may deem such deviation necessary or judi-

cious, the said president and directors first obtaining in

writing the consent of the owners of such land over which

the road shall pass ; or if such consent cannot be had,