PHILIP F. THOMAS, ESQUIRE, GOVERNOR.

1847.

stockholders not to be answerable in person or property for
any contract, debt or claim against the corporation, that
the funds and assets of said company only to be liable
for the debts and claims due by the corporation.

CHAP. 113.

SEC. 8. And be it enacted, That the board of direc-
tors or the stockholders holding a majority of the stock,
shall have power at any time to call a general meeting
of the stockholders, by giving three weeks notice in at
least two of the newspapers published in Baltimore, of
the time and place of such general meeting, and at all
such meetings the voles shall be taken as in the manner
of electing directors, and a majority of the stock repre-
sented at said, meetings shall have the power of directing
the winding up and closing the concerns of said com-
pany.

General meet-
ings.

SEC. 9. And be it enacted, That the persons named
in this act, are hereby constituted directors, with power
to choose from among their number a president, and
that they are hereby further empowered to act as and
exercise all the powers of president and directors under
this law until superseded by an election of directory
pursuant to the provisions of this act.

Directors.

SEC. 10. And be it enacted, That nothing in this act
shall be so construed as to allow the said corporation
to issue any note, token, scrip or device to be used as
currency.

Banking for-
bid.

SEC. 11. And be it enacted, That this act shall enure
for thirty years; and the legislature hereby reserves to
itself the right to alter and annul this act of incorpora-
tion at pleasure.

CHAPTER 113.

In force.
Reservation.

An act allowing David S. Caldwell and Daniel Caulk,
securities on the bond of Gassaway Knighton, late col-

lector of the city of Annapolis, deceased, further time to
complete said Knighton's collections.

Passed
Feb. 6, 1848.

Be it enacted by the General Assembly of Maryland,

That David S. Caldwell and Daniel Caulk, securities
on the, bond of Gassaway Knighton, deceased, late, col-
lector of the city of Annapolis, be and they are hereby
authorised to collect all taxes or balances of taxes re-
maining uncollected by said Knighton, as, collector of
the city of Annapolis, and of taxes for primary schools.

Authorised
to collect.