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Session Laws, 1898 Session
Volume 482, Page 1036   View pdf image (33K)
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1036

LAWS OF MARYLAND.

Other officers may be selected without regard to such qualifica-
tion. The board of directors shall have the right to make all
laws and regulations for the management and control of the
affairs of said company, and may fill all vacancies occurring in
the hoard during the year for the unexpired term ; provided,
that a t'ailure to elect directors at any annual meeting shall not
impair the organization, but each director shall hold over and
act until his successor is duly elected by the stockholders as
herein provided, and special meetings of the stockholders may
be called at any time in accordance with the bylaws by the
board of directors, if they so elecf, for the purpose of elect-
ing directors to fill vacancies.

Directors to
exercise
certain
powers.

SEC. 7. The directors named in section one of this charter,
shall exercise all the powers of the company, and do whatever
might he authorized by the stockholders until the election of a
board of directors by the stockholders as herein provided.

Commence
and com-
plete con-
struction.

SEC. 8. The said company shall commence construction
within two years trom the passage of this Act, and complete
construction of at least tive miles of track within live .years
thereafter.

Right
reserved.

Principal
office.

SEC. 9. The General Assembly of Maryland reserves the
right to alter, amend or repeal this charter.
SEC. 10. The principal office of this company shall be
located in Montgomery county.
SEC. 11. The said company, within the scope of the full

Have and en-
joy certain
powers.

enjoyment of all the purposes hereinbefore mentioned, shall
have and enjoy, besides the powers and privileges in this Act
particularly enumerated, all other general powers, provisions
and privileges conferred by the general incorporation laws of
this State, upon companies duly incorporated under the same,
and shall be subject to the general regulations in such law;
provided, except in so far as they are or may be altered by the
provisions of this Act ; and all Acts or paits of Acts inconsist-
ent herewith, are hereby repealed.

Effective.

SEC. 12. This Act shall be in effect from its passage.
Approved April 9, 1898.

CHAPTER 421.
AN ACT to repeal Section 236 of Article 24 of the Code of
Public Local Laws of Maryland, title "Worcester County,"
sub-title "Sheriff."
SECTION 1. Be it enacted by the General Assembly of Ma/ry -
land, That section 236 of Article 24 of the Code of Public



 
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Session Laws, 1898 Session
Volume 482, Page 1036   View pdf image (33K)
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