1846.

LAWS OF MARYLAND.

CHAP. 333.

as soon as subscribers to said stock, amounting to the
sum of ten thousand dollars are obtained, a majority so
subscribing, shall give three weeks publication in one or
more newspapers published in Hagerstown, of the time
and place designated by them for the stockholders in said
company to meet, for the purpose of organising said
corporation, choosing by a plurality of voles by ballot, a
president and five managers, three of whom shall consti-
tute a quorum; and they shall select in the same manner
by ballot a treasurer, and such other officers as they shall
deem necessary, for conducting the affairs of said compa-
ny, until the first Monday in November thereafter, and un-
til a new election shall be held, which said election shall
be held annually, on (he first Monday of November, and
that said president and managers shall make such rules,
by-laws and regulations as may to them seem necessary
for the well governing of the affairs of said company;
that all stockholders in any election of the officers of
said corporation shall be entitled to vole as follows: that
is to say, for every share not exceeding three, one vote
each; for any number of shares greater than three, and
not exceeding ten, five votes; for any number of shares
not exceeding fifty, seven votes; for any number of
shares greater than fifty, and not exceeding one hundred,
ten votes; provided, that no person or body politic shall
have more than thirty voles, whatever number of shares
he, she or they may he entitled to.

Body corpo-
rate.

SEC. 3. And be it enacted, That the stockholders in
said company shall be, and they are hereby incorporated
and constituted a body politic, by the name of the Ha-
gerstown and Waynesborough Turnpike Company, and
by the same name shall have succession during the contin-
uance of this corporation, and the said stockholders and
their successors by the name aforesaid, may sue and be
sued, answer and be answered, in any court of law or
equity in this State; and may do and execute every
other matter and thing by the name aforesaid, that they
are authorised to do in virtue of this act.

President and
managers may
receive additi-
onal subscrip-
tion.

SEC. 4. And be it enacted, That the president and
managers, after their election as hereinbefore provided
for, shall have full power to receive additional subscrip-
tions for the unsubscribed slock or vacant shares, and
when a sufficient sum has been raised and paid in, to
construct said road, no further subscription shall be re-
ceived, and said president nnd managers shall cause the
road to be laid out on the bed of the county road lead-
ing from Hagerstown through the town of Leitersburg,