804

LAWS OF MARYLAND.

CHAP. 441

meeting of the board after their election, as prescribed by
the second section of this Act, and after all subsequent elec-

President vice-
president,
etc., elected.

tions, a president and such vice-presidents as they may see
fit, and shall also have power to elect a secretary, or such
assistant secretaries, and a treasurer, and such assistant
treasurer, and an auditor, or such assistant auditors, and said
secretary and treasurer may be one person, and to appoint
and employ such other officers, clerks and agents as the
business of said company from time to time requires; all
elections shall be by ballot, and at such elections and all
meetings of the stockholders, every stockholder shall be
entitled to one vote for every share of stock held by him,

Eligible as
director.

but no person shall be eligible as director who is not a stock-
holder to the amount of two shares of stock; and the said
directors shall have power by a vote of the majority of their
number at any meeting of the board, to change the name of
the said corporation; provided the said change shall be
ratified by a majority in amount of the stock of the company
at a meeting to be held for that purpose, and upon filing in
the clerk's office of the Superior Court of Baltimore city a
certificate of the change of the said name, signed by the
president and secretary; the said corporation shall hold and
enjoy all the rights, powers and privileges and immunities
hereby granted.

SEC. 4. And be it further enacted, That said body corporate
shall have the right to make appraisals, examinations and

Right to make
appraisals,
examina-
tions and
reports of
corporations
etc.

reports of the accounts and financial as well as physical
condition of corporations, firms or individuals; provided,
however, that the consent of said corporations, firms or
individuals shall first be obtained before said examination
can be made for the use of banks, other financial institu-
tions, banking firms or others proposing to make contracts
with or to afford credit to such corporations, firms or indi-
viduals, and to make such examinations and reports for the
use and information of directors, officers or others concerned,
or for any other lawful purpose; also to collect information
of general, financial and commercial interest, and to make
publication and distribution thereof, and to receive com-
pensation for such services; the said corporation shall
be authorized to purchase, acquire, hold and dispose of the
stocks, bonds and other evidence of indebtedness of any
corporation, domestic or foreign, and issue in exchange