THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1845.

SEC. 3. And be it enacted, That the stockholders of
the said company shall, on the first Monday of May next,
and on the same day or on some day in May, annually

thereafter appoint five directors of the said company,
who shall have power by rules and by-laws, established
by any three directors, to declare and establish the officers
of the said company, and provide for the manner of con-
ducting its affairs, expend its capital, sell its property
and transfer its stock; provided, the said stockholders,
or a majority of them, may annul such rules and by-law's
at pleasure.

CHAP. 400.

Stockholders
to appoint five
directors.

SEC. 4. And be it enacted, That the General Assem-
bly may repeal this law at pleasure, providing out of its
property for the payment of its debts and return of cap-
ital to the stockholders, may impose taxes thereon, and
that the company shall not make or issue any scrip or pa-
per money.

CHAPTER 400.

Right reser-
ved.

A further supplement to the act of eighteen hundred and
forty-one, chapter two hundred and seventy, to promote
the preservation, improvement and increase of Shell
Fish, within this State.

Passed March
10, 1846.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the provisions of a law passed at De-
cember session, eighteen hundred and forty one, chapter
two hundred and seventy, entitled a supplement to the
act to promote the preservation, improvement and in-
crease of shell fish within this State, be and the same are
hereby extended, so as to include all beds and deposites
of oysters that may be made by any citizen of this State,
upon any portions of land covered by water which may
be included within the lines of any tracts or parts of
tracts of land owned by said individual, and which may
be included in the assessable property of said individual,
and that so much of said act of eighteen hundred and
forty-one, chapter two hundred and seventy, as confined
its provisions to waters not navigable by licensed ves-
sels, be and the same is hereby repealed.

Provisions ex-
tended.