576

LAWS OF MARYLAND.

of their first meeting, as hereinbefore provided for,

Body cor-

shall, and they are hereby declared to be a body cor-

porate.

porate and politic, by the name, style and title of

the Hunting Creek Wharf Company, and by that

name shall have perpetual succession, and shall be

capable in law to hold and dispose of property, real,

personal and mixed, fee simple or leasehold ; to sue

and be sued, to plead and be impleaded, to answer

and defend, and be answered and defended in any

court of law or equity, and in other place whatsoever;

Make deeds

to receive and make deeds and contracts, to make,

and contracts

have and use a common seal, and to change, alter

and renew the same at pleasure; to ordain and

establish such by-laws, ordinances and regulations as

may appear necessary for regulating the concerns of

the said corporation.

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

directors shall meet at such times and places as they,

or a majority of them shall agree upon, for the trans-

action of the business of the company, a majority of

Quorum.

the whole board being a quorum, and in the absence

of the president the directors present may choose a

chairman from among their own body, and they

shall keep a full and correct minute of their proceed-

ings fairly entered in a book to be kept for that pur-

pose.

SEC. 5. And be it enacted, That in case any vacancy

shall occur in the board of president and directors,

by death, resignation, or otherwise, the remainder of
the board shall supply such vacancy by appointment

Vacancies —
how filled.

of such directors or president from among the stock-

holders, to serve the remainder of the term which

said death or resignation had occasioned ; and said

president and directors shall have full power and

authority to appoint a treasurer and all other officers

they shall deem necessary, and shall determine the

nature and amount of surety to be given by any

such officer.

SEC. 6. And be it enacted, That the stockholders

of said company, in one year from and after the day

on which the first election for president and directors

shall be held, as hereinbefore provided for, and on

the same day in every year thereafter, except the