354

LAWS OF MARYLAND.

their successors shall be elected; and other meet-

ings may be called of the stockholders by the presi-

dent and directors, or a majority of them, according

to such rules as may be adopted by the by-laws of

said company; and the board of directors may meet

as often as may be necessary for the transaction of

the business of the company.

SEC. 5. And be it enacted, That the capital stock

Capital stock.

of said company shall not exceed fifty thousand

dollars, and shall be divided into two thousand

shares of twenty-five dollars each, and that the sums

so subscribed for the stock of said company shall be

paid to the president and directors aforesaid, in such

instalments and at such times as they may appoint

and require; and if any person shall neglect or fail

to pay any instalment or part of said subscription

thus demanded for the space of twenty days next

after the time the same shall be due and payable,

the stock on which it is demanded shall, at the

Forfeiture of
stock.

pleasure of said president and directors, be forfeited

to the company and sold for its benefit; but the said

president and directors may remit such forfeiture,

or recover in the name of the company such instal-

ments by suit or action at law, or in such other way

and upon such terms as they may deem proper.

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

hereby incorporated shall have the power to make

Single or dou-

and construct a railway with single or double track

ble track.

and sidings as they may deem expedient for the

transportation of passengers by horse power from

the Cedar Hill Cemetery, in Anne Arundel county,

beginning for the same on the county road leading

southerly from the bridge over the Patapsco river,

between said county and Baltimore city, known as the

Light street bridge, at a point opposite the gateway

or entrance of the Cedar Hill Cemetery, and run-

ning thence northerly along and upon the bed of said

county read to the southern terminus of Light street

bridge; thence northerly along and upon said bridge

Route.

to the northernmost terminus thereof; thence still

northerly by way of the road now used for public

travel to connect with the southern terminus of the

Baltimore City Passenger Railway on Marshall

street, in Baltimore city, or to such other place or

places as may be deemed most advantageous to tho

interests of the company; provided, however, that