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Session Laws, 1908 Session
Volume 483, Page 1425   View pdf image (33K)
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PRIVATE ACTS. 1425

thereafter the said interest and affairs shall be managed and
controlled by a board of ten directors, stockholders of said
company, elected by a majority of all the votes of all the stock-
holders, attending in person or by proxy, at the annual meet
ing of the stockholders; each share of stock so represented be-
ing entitled to one vote? and such board of directors aforesaid
shall elect from their number a president, a vice-president, a
general manager, a secretary and a treasurer. The board of
directors, from time to time, may and shall make, enact, alter
and re-enaot any and all lawful by-laws, rules and regulations
touching the organization of said company, taking subscrip-
tions to its capital stock, the payment of such subscriptions,
to issue and transfer certificates, and the mode of conducting
all the affairs of said company, and shall have full power in
law and in equity to enforce the same.

SEC. 6. And be it enacted, That said corporation is hereby
authorized to consolidate with such railroad or railroads as it
may connect with or cross, upon such, terms as may be agreed
upon between them, or said corporation may lease or pur-
chase such connecting roads, or may be leased or purchased by
them.

SEC. 7. And be it enacted. That said corporation may
enter upon grade, occupy and use any public road, street or
highway in said county or any city or town therein, within the
limits aforesaid, for the purpose aforesaid, so, however, as not
to prevent the free and convenient travel over such public
road, street or highway by any citizen; and provided, further,
that the said corporation shall keep the county road or public
streets occupied by them in good order, between their tracks
and for two feet on each side thereof, and the said corporation
is further authorized and empowered to acquire such right of
way or the use of lands as it may find needful or advantageous
to the construction and operation of such railway line or lines
by purchase, gift or grant, and for the purpose of obtaining
rights of way which may be wanted for the proper construc-
tion of such railway line or lines, when said corporation can
not agree with the owner, or where the owner is feme covert,
under age, non compos mentis or any other legal disability, or
out of said county when said property may be wanted, said
corporation may proceed to condemn and acquire the use
thereof in the manner provided in article 23 of the Code of
Public General Laws of Maryland, and the Act of the General
Assembly of Maryland amendatory thereof; provided, that in
all cases where highways, roads, streets or other public prop-
erties are to be used, permission be first obtained from the

 

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Session Laws, 1908 Session
Volume 483, Page 1425   View pdf image (33K)
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