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Session Laws, 1908 Session
Volume 483, Page 1405   View pdf image (33K)
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PRIVATE ACTS. 1405

and chapter 37 of the Acts of the General Assembly of
Maryland, session of 1868, and to repeal sections 7,10,13 and
18 of said chapter 252 of the Acts of the General Assembly of
Maryland, session of 1860, and to re-enact the same with
amendments.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the charter and corporate existence of the Liberty
and Frederick Turnpike Road Company, which was incorpora-
ted by the General Assembly of Maryland by chapter 252,
session of 1860, and as amended by a supplemental Act, chapter
230 of the Acts of the General Assembly of Maryland, session
of 1867, and chapter 37 of the Acts of the General Assembly of
Maryland, session of 1868, be and the same are hereby extended
and continued in force, with all rights, powers, privileges
and immunities, the same as contained in said charter as grant-
ed by the said Acts of the General Assembly of Maryland,
except as hereinafter changed and amended by this Act, for a
further period of time from the date March 10, in the year 1910,
until the date March 10, in the year 1912.

SEC. 2. And be it further enacted, That sections 7, 10, 13 and
18 of said chapter 252 of said Acts of 1860 be and the same are
hereby repealed and re-enacted so as to read as follows:

7. Three, the same being a majority of the managers, shall
constitute a board or quorum for the transaction of all kinds
of business, and shall be competent to appoint all such officers,
agents and servants whatsoever as they may deem necessary
for transacting the business of the company, to fix their com-
pensation and dismiss them at pleasure; to provide for re-
quiring and taking security for the faithful performance of the
duty of any officer of the company; for making all contracts
which shall be necessary to effect the purposes contemplated
by this Act, and for settling all accounts of the company, to
provide for furnishing to the stockholders certificates or other
evidence of their right to stocks, and for the transfer of stock
and evidence of such transfer, and to pass all such by-laws as
shall be proper or necessary for exercising all the powers, rights
and privileges vested in the company hereby incorporated, or
in the said managers, or for the performance of the duties
required of them by this Act, and the said by-laws from time
to time to alter or repeal; subject, nevertheless, to the revision,
alteration or repeal by the stockholders, at a general meeting
as hereinbefore provided.

10. That the said company shall cause the said road to be
laid out and opened, which said road shall be as wide as the
width of the old road upon which they propose to build, and

 

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Session Laws, 1908 Session
Volume 483, Page 1405   View pdf image (33K)
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