WILLIAM GRASON, ESQUIRE, GOVERNOR.

1840.

future meetings of the stockholders of any and all joint
stock companies which have been, or may hereafter be in-
corporated, to make roads and canals, and to vote therein
according to the interest of the State, in all the proceedings
of said company or companies, and to discharge all other
duties required to be performed by the persons heretofore
appointed in pursuance of the act of eighteen hundred and
thirty-two, chapter three hundred and nineteen, entitled a
further supplement to an act, entitled an act to repeal an
act, entitled an act to create a board of public works, pass-
ed at December session, eighteen hundred and twenty-five
chapter one hundred and sixty-six, and any and all other
duties which may have been, or hereafter be required to be
performed by the persons appointed to represent the State
in joint stock companies.

CHAP. 155.

Their duties.

SEC. 2. And be it enacted, That hereafter all directors
which, by any existing law the State is authorised to ap-
point in any canal or rail road company, shall be appointee
by the Legislature during the present session, and annually
thereafter, by a concurrent vote of the two houses; and that
the directors, and all persons to represent the State at all
future meetings of the stockholders of joint stock compa-
nies, chosen as hereinbefore provided, which may be ap-
pointed in any one year, shall continue in their offices until
others shall be duly appointed in the manner herein provi-
ded.

To continue in
office until
superseded.

SEC. 3. And be it enacted, That no member of the Le-
gislature shall be eligible as agent or director under the pro-
visions of this act.

Members of the
legislature in-
eligible.

SEC. 4. And be it enacted, That it shall be the duty of
the persons hereinbefore directed to be appointed to repre-
sent the Stale in joint stock companies, or such of them as
shall attend and, be present at the several meetings of the
stockholders of the said companies, to keep a correct jour-
nal of the proceedings of said stockholders in general meet-
ings assembled, and report the same to the Legislature,
with such remarks therein as may seem to them expedient,
to afford the Legislature a full and satisfactory knowledge
of the manner in which such proceedings may have been
conducted.

Duty of agents
specified.

SEC. 5. And be it enacted, That all laws inconsistent with
the provisions of this act, be and the same are, so far as
they are inconsistent with the provisions of this act, re-
pealed.
12

Inconsistent
acts repealed.