A. W. BRADFORD, ESQUIRE, GOVERNOR.

salaries or wages ; contract, agree for, rent, lease,
purchase, or build all such lands, tenements, chat-
tels, boats, vessels, stages, carriages, materials,
rights, privileges and effects whatsoever ; and to
make a'nd repair, or cause to be made and repaired,
and such steamboats, roads, whaves, buildings,
boats, vessels, carriages and conveyances, upon
property purchased or leased by said company, as
they shall deem necessary for effecting and con-
ducting the objects and business of the company ;
said Board of Directors, shall also prescribe the
mode of conducting the elections of said company ;
the manner and evidence of transfers of its stock ;
the conditions of forfeiture thereof; and are hereby
empowered to pass, pursuant to the provisions of
this charter, all lawful by-laws and resolutions,
requisite for the welfare of the company, to deter-
mine the manner of employment, establish the
route or routes, hours of starting, price of passen-
gers, fares, transportation of produce, live stock,
freights and all other emoluments to be derived
from its business ; and the Board shall keep a cor-
rect record of their proceedings, which shall at all
times be subject to the inspection of a majority of
the stock of the company, duly represented.

237

Sec. 6. And be it enacted, That the President
and Directors shall declare dividends of the profits
realized by the company, if any, or on so much
thereof, from time to time, as a majority of them
shall deem expedient.

Dividends.

Sec. 7. And be it enacted, That all the joint
stock property, money and effects of said compli-,
shall be answerable for all contracts made by or
for the company, and for all just claims against it ;
and the service for legal process on any one of the
Directors, shall be considered as sufficient service
on the corporation, and debts, claims or demands
against said corporation, shall be recoverable only
out of its joint stock, funds and assets, which are
hereby declared to be liable for all debts and
claims due by the corporation.

Stock answer-
able for con-
tracts.

Sec. 8. And be it enacted, That the Board of
Directors, or the stockholders, holding a majority
of the stock, shall have power at any time, to call
a general meeting of the stockholders, by giving
notice of at least once a week for four successive

General meet-
ings.