1832,

LAWS OF MARYLAND.

CHAP. 96.

who may preside at the meetings of the Directors; and if
any vacancy shall be occasioned in the board of Directors
by death resignation or otherwise, the same shall be filled for
the remainder of the term in which it may happen, by such
person or persons among the stockholders as the remain-

If not regularly

made

der of the Directors may appoint, and in case it shall
at any time happen that an election of Directors shall not
be made on the day when pursuant to this act it ought to
have been made, the said corporation shall not for that
reason, or for any non-user, be deemed dissolved; but it
shall and may be lawful on any other day to hold an elec-
tion of Directors as the by-laws shall provide, or the Di-
rectors last elected, or a majority of them, shall authorise;
Provided, that at least one election . be made annu-
ally.

General objects

declared

Sec. 4. And be it enacted, That the object for which
"The South Baltimore Company," as aforesaid are incor-
porated, and which the said company are hereby authorised
to effect, are the improvement, in such manner as shall be
conformable to the laws of this State, and not contrary to,
nor inconsistent with any of the rights or privileges of
the corporation of the city of Baltimore, or of any citizen
or citizens of this State, or the United States, of any lands
and appurtenances, which belong to the said company, by
laying out into lots, streets, squares, lanes, and alleys, and
other divisions, any such lands within the vicinity of the
City of Baltimore, or near to any navigable water, and
erecting, constructing, or making thereon all such wharves,
ships, boats, and other vessels, workshops, factories, ware-
houses, stores, dwellings, and such other buildings and im-
provements as may be found or deemed necessary, orna-
mental, or convenient, and letting, renting, leasing, selling
or granting on conditions, or using any lot or other portion
of any of the said lands, for agricultural, mining, or manu-
facturing purposes, or any wharf, house, or other building
or improvement, to be used by any mechanic or artizan, or
other person, whether in the employ of said company or

Proviso.

not, in carrying on any lawful trade, business, or manufac-
ture, authorized or permitted by the "laws of this State; —
Provided, That in laying of streets, squares, lanes, alleys,
or other divisions, no infringement be made on the plan of
the city of Baltimore, as laid out by the commissioners
under the act, passed at December session, eighteen hun-
dred and sixteen, chapter two hundred and nine; — And
provided also, That the said Company and its agents shall
in all cases whatsoever be subject to, and observe the or-