1860.

LAWS OF MARYLAND.

CHAP. 113.

ing of the stockholders of said company in the
city of Baltimore, or at such other place as the
president and directors may appoint, on the first
Monday in April in each and every year, or with-
in three days thereafter, when and where they may
elect by a plurality of votes by ballot as aforesaid,
a president and five directors from among said
stockholders, and such other officers as they may
deem necessary for the ensuing year, and until a
new election, and may by a majority of votes pre-
sent, adopt, add to, alter or amend such by-laws,
rules, orders and regulations as may be necessary
for the well governing the affairs of the company;
Provided, that they do not contravene the Consti-
tution and laws of this State or of the United
States.

Incorporated.

SEC. 6. And be it enacted, That the stockholders
in said company be, and they are hereby incorpora-
ted and constituted a body politic by the name of
Carrollton Avenue Company, and by the same
name shall have succession during the continuance
of this corporation and the said stockholders and
their successors and assigns shall have all the
privileges and franchises of, or incident to a cor-
poration for such purpose, and by the name afore-
said, shall sue and be sued, answer and be an-
swered in any court of law or equity in this State,
and may have and use a common seal and the same
alter, change or amend at pleasure, and shall be
capable of taking and holding such property and
estate, real and personal, as shall be necessary to
them in the prosecution of their works; Provided,
said real estate shall not exceed two acres in any
one parcel for the use of a gate keeper.

Subscriptions
— to whom
paid.

SEC. 7. And be it enacted, That the said subscrip-
tion to the stock of said company shall be paid to
the president and directors of said company in
such manner and in such instalments, and at such
times as the said president and directors may ap-
point and direct, they giving at least one months
notice of the payments required in two newspapers
published in the city of Baltimore.

Vested rights.

SEC. 8. And be it enacted, That the said com-
pany are hereby invested with all the powers and
authority necessary for the construction of a Turn-
pike road between the termini mentioned in the
first section of this act, to be constructed of such