960

LAWS OF MARYLAND.

respectively ; and the said incorporators, or a majority of them,
shall be judges of the first election of directors, and shall cer-
tify the result thereof in the minute book of the company;
and until the first election of directors, as herein provided for,
the said incorporators shall be directors of said corporation,
with full power and authority to act as such.

SEC. 6. And be it enacted, That the said directors shall, as

Officers
elected.

soon as may be convenient after their election, elect a president
from among their number, and some proper person to act as
secretary of the company, and shall then proceed to adopt a
code of by-laws for the company, providing for the conducting
of the company's business through such officers as may be
therein provided, who shall thereafter be selected by the board
of directors ; provided, however, that such by-laws shall be
submitted to the next general meeting of the stockholders of
the company for their approval, and shall at all times be sub-
jeet to alteration or amendment by the stockholders of the
company.
SEC. 7. And be it enacted, That if any land, earth, gravel,

Condemna-
tion of land

stone, timber, streams or materials, or any improvements, or
other property are needed in the judgment of the president
and directors of this corporation for the proper construction,
repair or maintenance of any public work undertaken by said
corporation, the said corporation may acquire the same, or any
easement therein, by purchase or condemnation, as provided in
sections 167 and 167 A of the Code of Public General Laws,
title " Corporations."
SEC. 8. And be it enacted, That nothing herein contained

Consent to be
given.

shall authorize the said corporation to construct any of the
works hereby authorized through, over or under any street,
lane, alley or road of any of said counties without first having
obtained the consent of the Mayor and Council or other corpo-
rate authority of said city, or of the County Commissioners of
the county, as the case may be.
SEC. 9. And be it enacted, That said corporation shall have

Power to
enter into a
contract.

the power to take and enter into a contract with any person or
persons, or any public, quasi-public or private corporation estab-
lished under the laws of this State for the construction, opera-
tion and maintenance for a term of years by this corporation,
of any of the works mentioned in the second section of this
Act, and by such contract may determine the tolls, charges or
other compensation to be charged by and paid to this corpora-
tion by the persons or corporations using the same and the
manner and means of enforcing the payment of such tolls,