JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 577

same shall happen on Sunday, and in that case on
the succeeding day, shall elect by ballot, from among
the stockholders, one president and four directors, to	Term of offi-
serve for one year from the day of their election, and	cers.
until the election of their successors ; and the presi-
dent and directors for the time being shall give pub-
lic notice for a new election at least fifteen days
previous to the expiration of the time for which they
were elected ; and in case it shall happen that an
election for president and directors shall not be made
upon any day when pursuant to the provisions of
this act such election should have been made, said
corporation shall not be dissolved, but it shall be
lawful on any other day within thirty days to hold
and make an election as aforesaid.
SEC. 7. And be it enacted, That the president and
directors, or a majority of them, shall have full power
and authority to call upon the subscribers to the	Call for pay-
capital stock of said company for the payment of the respective amounts subscribed for, in instalments of	ment on capi- tal stock.
such amounts, and at such time, as the board may
appoint ; provided they shall give public notice of
the day in which payment shall be made at least fif-
teen days previous to said day; and in case any
stockholder shall refuse or neglect to pay such por-
tion of his, her or their subscription at the time ap-
pointed, the president and directors may proceed to
recover the same by due process of law.
SEC. 8. And be it enacted, That all money be-
longing to the said company shall be paid into the hands of the treasurer of the said company, and the	How paid in and out.
same shall be paid out by him on the order of the
president and directors, signed by the president.
SEC. 9. And be it enacted, That the president and
directors, or a majority of them, shall have full power
and authority to contract for and cause to be erected	Erect wharf.
a wharf or pier in Choptank river, at or near the
end of the public road leading down to Fair Land-
ing, in Dorchester county, after having first obtained the consent of the County Commissioners of Dor-
chester county, and are authorized to select such
location at or near Fair Landing as they, or a ma-
jority of them, may deem most convenient and safe;
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