FRANCIS THOMAS, ESQUIRE, GOVERNOR.

1841.

by the company, or on so much thereof from time to time,
as a majority of them shall deem expedient.
Sec. 6. And be it enacted, That the shares of the stock
aforesaid may be transferred by the owners thereof, their
executors, administrators or attorney, duly and lawfully
authorized, in a book to be provided for that purpose, and
in such manner as the directors shall direct

CHAP. 153.

Shares trans-
ferrable.

Sec. 7. And be it enacted, That all the joint stock pro-
perty, money and effects of said company, shall be an-
swerable for all contracts made by, or for the said compa-
ny, and for all just claims against the same, and the service
of legal process on any one of the directors, shall be con-
sidered as sufficient service in the corporation, the stockhol-
ders not to be answerable in person or property for any
contract debt or claim against the said corporation, that only
the joint stock funds and assets of said company to be lia-

Liability.

ble for the debts and claims due by the corporation.
Sec. 8., And be it enacted, That the board of directors,
or stockholders, holding a majority of the stock, shall have
power at any time to call a meeting of the stockholders by
giving notice at least three weeks, by advertisment in the
neighbourhood, for the time and place of such meeting of
the stockholders, and at all such meetings of the stockhol-
ders, the votes shall be taken as in the manner of electing
directors, and a majority of the stock represented at said
meeting shall have power of closing and winding up the

Notice requi-
red.

concerns of said company.
Sec. 9. And be it enacted, That said corporation is here-
by prohibited from issuing any note, certificate, device or
evidence of debts, to be used as currency, and that the
right is hereby expressly reserved to the General Assem-

Banking for-
bid.

bly of Maryland, to repeal this act at its pleasure.
Sec. 10. And be it enacted, That this act shall endure
for thirty years from the dale of its passage, if not sooner
repealed by the General Assembly.

In force.

CHAPTER 153.

An act to abolish the offices of Topographical Engineer and
Geologist of this State.

Passed Feb
24, 1842

Section 1. Be it enacted by the General Assembly of
Maryland, That the act entitled, an act to provide for com-
pleting a new map and geological survey of this State,
passed at December session, eighteen hundred and thirty-
four, chapter two hundred and thirty, be and the same is
hereby repealed, and the offices of Topographical Engineer

Abolished;