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Session Laws, 1847
Volume 612, Page 345   View pdf image
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1847.

LAWS OF MARYLAND.

CHAP. 291.

company or by the stockholders thereof who shall be
proprietors of not less than one-fifth of the capital stock
of said company, by giving ten days notice of the time
and place thereof in one or more newspapers published
in Cumberland and Baltimore, and of the objects of said
meeting, and every such meeting of stockholders shall
have power to pass anew, alter or repeal bye-laws or
resolutions, which shall be binding on the officers and
agents of said company, and shall have power to require
settlements, statements and accounts relating to the busi-
ness of said company from officers and agents in their
employment, and may also dismiss any directors and ap-

Proviso.

point others in their stead; provided always, that a majo-
rity in amount of stock of all the stockholders be repre-
sented in said meeting.

Rights and
powers.

SEC. 6. And be it enacted That for the purpose of
enabling the said company to transport the produce of
the mines and the produce of the country through which
their rail road shall pass, in the cheapest and most expe-
ditious manner, the said company and the president and
directors thereof shall be and they are hereby respectively
invested with all and singular the rights, powers privi-
leges, authorities, immunities and advantages for the
surveying, locating, establishing and constructing a rail
road and its necessary appurtenances, beginning the
same at the mines of the said company and running to
a convenient point or points on the Potomac river,
basin or canal of the Chesapeake and Ohio canal com-
pany at or near the town of Cumberland in this State,
and for the using, preserving and controlling in perpe-
tuity the said rail road, its necessary vehicles appurte-
nances and every part thereof, or borrowing money on the
credit of the company lor its lawful purposes, which by
the act incorporating the Baltimore and Ohio rail road
company and its several supplements, were for the law-
ful purposes of said company and for the benefit of its
corporators given, granted, authorised and secured to
said company and its president and directors respec-
tively, as fully and perfectly as if the same were herein

Provisoes.

severally repeated; provided, that it shall not be lawful
for the said Alexandria Mining Company to occupy or
use any portion of the lands that may be necessary for
the accommodation of the canal and works of the Chesa-
peake and Ohio canal company, or for the main route
of the Baltimore and Ohio rail road, or that may be
within the limits of either of the public roads there now
existing, except to cross these roads without injury to
the same; and provided also, that full right and privi-



 
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Session Laws, 1847
Volume 612, Page 345   View pdf image
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