EMERSON C. HARRINGTON, GOVERNOR. 215

Monocacy and Urbana Turnpike Road Company of Frederick
County, a corporation formed under the provisions of Article
twenty-three of the Code of Public General Laws of Maryland,
entitled "Corporations, " be and the same is hereby extended
and continued in force, with all its rights, powers, privileges
and immunities, the same as contained in its said charter and
possessed by it under the General Laws of this State, except
as hereinafter changed and amended by this Act, for a further
period of time from June 1st, in the year 1916. until June
1st, in the year 1956.

SEC. 2. And be it enacted, That the affairs of said Com-
pany shall be managed by a board of seven directors, one of
whom shall be elected president. A majority of the directors-
shall constitute a quorum for the transacting of all kinds of
business, and shall be competent to appoint all such officers,
agents and servants whatsoever as they may deem necessary
for the transacting of the business of the company, to fix their
compensation and dismiss them at pleasure; to provide for the
requiring and taking security for the faithful performance of
the duty of any officer of the company, for making all con-
tracts, which shall be necessary to effect the purposes contem-
plated by this Act, and for the settling all accounts of the
company; to provide for furnishing to all stockholders certifi-
cates or other evidence of their right to stocks, and for the
transfer of stock and evidence of such transfer, and to pass all
such by-laws as shall be proper or necessary for exercising all
the powers, rights and privileges vested in the company hereby
incorporated, or in the said directors, or for the performance
of the duties required of them by this Act, and the said by-
laws from time to time alter and repeal, subject, nevertheless,
to the revision of the stockholders, at a general meeting.

SEC. 3. And be it enacted, That the road bed shall be of
the width as at present constituted; and twelve feet thereof,
or any greater width the directors may determine, shall be
made an artificial road of stone or gravel, and for the better
preservation thereof oil, tarvia or like material may be ap-
plied, or the artificial road may be constructed of cement.

SEC. 4. And be it enacted, That the principal office of said
Company shall be in the City of Frederick, Maryland.

SEC. 5. And be it enacted, That whenever a majority in
value of the stockholders shall advise and direct the President
of said Company to sell the turnpike road, or any part there-