LAWS OF MARYLAND.

a majority of them, may appoint .such agents and employees
and fill such vacancies in said board as the by-laws, rules and
regulations may prescribe.

SEC. 6. And be it enacted. That the stockholders, at their
first general meeting, or any adjournment thereof for that pur-
pose, shall adopt by-laws, rules and regulations for the man-
agement of said corporation, which shall be amended only by a
majority vote of all the stockholders, as their names appear on
the books of said corporation, after due notice of such general
meeting to each and every stockholder of said corporation, in
writing at least five days before the date of said meeting, and
notice deposited in any postoffice of the United States ad-
dressed to the stockholder as his or her name appears on the
books of said corporation, shall be sufficient notice of such
meeting.

SEC. 7. And be it enacted, That each stockholder of said
corporation shall be entitled to one vote only, irrespective of
the number of shares of the capital stock of said corporation
standing on the books in the name of such stockholder, and
there shall be endorsed on each and every certificate of capital
stock issued the following: "The holder of this certificate shall
be entitled to one vote only at any special or general meeting
of the stockholders of this corporation, irrespective of the
number of shares set forth in this certificate or any other cer-
tificate or certificates in the name of the holder hereof, whether
the same be issued to him direct by the said corporation or
assigned or transferred to him by some other person or persons
or corporation."

SEC. 8. And be it enacted, That the principal office of said
corporation shall be at Pocomoke City, Worcester County,
Maryland; provided, however, that the said principal office
may be changed by a majority vote of the stockholders, to such
place on the Eastern Shore of Maryland as the stockholders
may prescribe.

SEC. 9. And be it enacted, That said corporation shall have
and enjoy, besides those powers and privileges in this Act
particularly enumerated, all those powers, provisions and priv-
ileges conferred at this time or hereafter to be conferred by
the Code of Public General Laws of Maryland upon corpora-
tions duly incorporated under the same, for the purposes as
the corporation hereby created is formed, and shall be subject
to the general regulations of corporations contained in the
Code of Public General Laws, and all amendments thereof
hereinafter to be made.

SEC. 10. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved March 11, 1910.