1847.

LAWS OF MARYLAND.

CHAP. 188.

der of the board until the time of holding the next an-
nual election.

Election of
directors— No-
tice to be given.

SEC. 6. And be it enacted, That it shall be the duty,
of the president or secretary of the said company annu-
ally, to give notice of at least two weeks, by advertise-
ment in some newspaper published in Montgomery
comity, and in Howard district of Anne Arundel county,
or by notice posted at such public places as he may
deem proper, of the election which shall be held oh the
first Monday of January in each and every year for
thirteen directors of the company, who shall be members
thereof, but in case such election should from any cause
not be held on the said day the company shall not in
consequence thereof be dissolved, but such election may
be held at such subsequent time as may be selected by
the board of directors, or a majority of them, at all such,
elections each member shall have One vote, and may
vote either in person or by proxy.

Bye-laws—
by whom made

or amended.

SEC. 7. And be it enacted, That the constitution and
bye-laws of the said company shall only be made by the
concurrent vote of at least two-thirds of the whole board
of directors; exclusive of the president, and any amend-
ment or alteration of the constitution or bye-laws shall
only be made by a general meeting of the members of
the company, convened in pursuance of public notice
given as in cases of election for directors, when each
member present shall have one vote, and two-thirds of
the Votes thus given shall decide, and any amendment
or alteration of the constitution or bye-laws that may
be thus made shall be binding on all the members of
the company.

General meet-
ings.

SEC. 8. And be it enacted, That it shall be the duty
of the president, whenever required in writing by not
less than twenty members of the company others than
the directors, to call a general meeting of the members,
by giving notice as in cases of election for directors, for
the transaction of such business as may be specified in
the said written requisition, and any resolutions or pro-
ceedings passed or had at such meeting by not less
than two thirds of the members who shall be present,
shall be binding on the president and directors and
members of the company.

In force.

SEC. 9. And be it enacted, That this charter shall be
in full force and effect until the first Monday in Jan-
uary eighteen hundred and ninety-eight.

Losses — how

repaired.

SEC. 10: And be it enacted, That whenever a loss
shall occur, which the said company are liable to pay,
it shall be the duty of the directors at their next meeting