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Session Laws, 1865
Volume 530, Page 111   View pdf image
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A. W. BRADFORD, ESQUIRE, GOVERNOR.

and place as they may appoint, and shall give at
least ten days public notice thereof, and at such
meeting the said Commissioners shall lay the sub-
scription books before the subscribers then and
there present, whereupon the subscribers or a
majority of them, shall elect seven Directors by
ballot, to manage the affairs of said company,
which Directors or a majority of them shall 'have
power to elect a President, either from among the
Directors or others, and shall allow him such
compensation for his services as they shall deem
proper, and in said election and in all other elec-
tions by the stockholders of said company, each
stockholder shall be allowed one vote for every
share of stock owned by him or her to the extent
of twenty shares, and for every additional one hun-
dred shares five votes, and no person shall be
allowed to vote more than one thousand shares of
stock; the shareholders on the aforesaid cases may
vote either in person or by proxy, and the Com-
missioners aforesaid, or any three or more of them,
shall be judges of the first election of Directors.

111

Sec. 5. And be it enacted, That the company
hereby incorporated and organized, shall have
power to make and construct a railway with single
or double tracks and sidlings as they may deem
expedient for the transportation of passengers by
horse power, from the city of Baltimore to the
village of Herring Run and thence to the Alms
house of Baltimore city, to connect with the Balti-
more City Passenger Railway upon the line of
Baltimore street in the said city, at its eastern
terminus or. at the intersection of Baltimore street
and Broadway, or at any other intersection east
of Broadway by any of the streets east of Broad-
way, connecting with said Baltimore City Passen-
ger Railway, but the said company shall not be
required to make and construct the entire line of
said railway before using any part thereof, if they
should find it expedient and convenient to do so
before completing the entire work.

Right to con-
struct railway.

Sec. 6. And be it enacted, That said company be
and they are hereby authorized, provided they can
obtain the assent of the Baltimore and. Philadel-
phia Turnpike Company for that purpose, which
assent the said corporation is, hereby fully author-
ized to give, to construct and establish the said

May construct
railway on bed
Baltimore and
Philadelphia
Turnpike.



 
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Session Laws, 1865
Volume 530, Page 111   View pdf image
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