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Session Laws, 1910 Session
Volume 487, Page 1429   View pdf image (33K)
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PRIVATE ACTS. 1429

or desired in the county or in any city or town of Cecil County,
in this State, for lighting the streets, roads, public or private
buildings, or for motive power or other purposes, and may
make, construct and repair all kinds of machinery and appli-
ances in the construction and repair of which wood, iron or
other material may be used; and such corporation is hereby
authorized and empowered to lay, construct or build lines or
conductors or pipes for the purpose of transmitting and mar-
keting its .product for illuminating or supplying motive power
or any other purposes to which the same may be applied, either
above ground or under ground, or in pipes or otherwise, over,
under and along the streets, squares, lanes, roads, public
highways, bridges or alleys of. any towns in said Cecil County,
and to that end lay wires, tubes, conductors and insulators and
erect poles and posts and string wires thereon, and construct,
maintain, repair and remove, from time to time, all such lines,
pipes and appliances; subject, however, to any law or ordi-
nance that may be passed by the municipal authorities of any
city or town in said county, or the County Commissioners hav-
ing jurisdiction of the highways of said county for the filling up
or restoring of such streets or roads to their normal condition.
SEC. 6. And be it enacted, That the directors of said cor-
poration shall have full power to adopt such by-laws, rules
and regulations for the direction and management of said
corporation as may, in their judgment, be necessary for the
purposes of their incorporation not inconsistent with the
provisions of this charter and the laws and constitution of this
State, and the president and directors of said corporation, or a
majority of them, shall constitute, appoint, and employ such
officers, agents and servants for the construction, preservation
and repair of the said lines and property and transaction of all
other business of said corporation, with full power to fix their
compensation and remove them at pleasure.

SEC. 7. And be it enacted, That should said president and
directors determine to increase the capital stock of said cor-
poration, as authorized in the second section of this Act, the
same shall not be done unless it shall first be authorized by a
two-thirds vote in amount of all the capital stock already sub-
scribed, at a special meeting of the stockholders called for that
purpose, and that in calling said special meeting of the stock-
holders for such purpose the usual notice shall be given of
such special meeting and the object thereof, by publication in
some newspaper published in Cecil County, aforesaid.

SEC. 8. And be it enacted., That upon every subscription of
said stock there shall be paid by the subscribers to the incor-
poration or directors, as the case may be, or their agents, the
sum of ten dollars on each and every share subscribed, and the


 

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Session Laws, 1910 Session
Volume 487, Page 1429   View pdf image (33K)
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