66

LAWS OF MARYLAND.

selling, leasing, mortgaging and conveying goods
and chatties, lands, tenaments and hereditaments
and all real estates, personal and mixed property

Ma; sue and
be sued.

of whatsoever kind; may sue and be sued, plead
and be impleaded in all courts of this State, or of
the United States, may make, have and use com-
mon seal, and may also ordain, establish and en-
force such by-laws and regulations as they shall
deem necessary for the government of said corpora-
tion not repugnant to the Constitution and laws of
this State and of the United States, and generally
may do all and singular the matters and things,
and exercise all rights, powers and privileges
which may properly appertain for the well being

Proviso.

and ordering of said corporation; provided, that
nothing herein contained shall be construed as in
any way giving to the said corporation any banking
privileges whatsoever.

Notice of
publication!

Sec. 3. And be it enacted, That the commissioners
aforesaid, shall as soon as conveniently, may be,
after five hundred shall be subscribed and paid for,
as aforesaid, give notice in newspapers published
in Baltimore and Towsontown for the subscribers
to meet and organize the said company, and choose
by a majority of voters of the said subscribers, by
ballot, to be given in person or by proxy, one Pre-
sident and seven Directors, a majority of whom
shall he residents of the State of Maryland, a Trea-
surer and such other officers as shall be deemed

Management,

necessary; said President and Directors shall con-
duct the business and manage the concerns of the
said company until the second Monday of June
thereafter, and until like officers are chosen to
succeed them, and may make and enforce by-laws,
rules and regulations provided for the by second sec-
tion of this act.

Meeting of
stockholders.

Sec. 4. And be it enacted, That the stockholders
shall meet on the second Monday of June next
after the organization of said company, provided
for by the second section of this act, and upon the
same day in every year thereafter at Buffington
Hotel, on said road, of which notice shall he given
by the Secretary, at least five days in the news-
papers mentioned, and choose by a majority of the
votes there present, their office for the ensuing
year as mentioned in the third section of this act,
who shall continue office for one year and until
others a. e chosen, and the said stockholders shall