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CHAP. 297.
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adapted in size and all necessary particulars to said rail
road, and shall run on said rail road in accordance with
the regulations of said company for running their cars,
it shall be lawful lor said company to charge, demand
and receive for all persons and property transported on
the rail road which they are authorised to construct
from their mines to the canal, the Potomac river or any
other intermediate points, the same rates of toll or prices
of transportation as the Baltimore and Ohio rail road
company are by law allowed to charge and receive;
and provided further, that the legislature of this State
may at any time hereafter regulate, modify or change
the control, use and estate of said road as shall he con-
structed under the authority hereby given in such man-
ner as it may deem equitable towards the said company
and necessary to the accommodation of the public travel
or use of said rail road.
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Duty of di-
rectors.
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SEC. 7. And be it enacted, That the said president
and directors and their successors, or a majority of
them, shall have full power and authority to appoint,
employ and compensate, and at their pleasure to re-
move such officers, agents or servants as they may
deem necessary in the business of the company, also to
purchase and hold such real or personal property,
materials, vessels, carriages, machinery, implements,
privileges, easements and franchise, and to cause all such
machinery, buildings or other improvements to be made
as they shall deem necessary to carry into effect the
objects of said company, and the same or every part
thereof, and they shall have power to sell, lease or
otherwise dispose of the same at their discretion, also
to prescribe the mode of issuing and transferring stock
in said company and the evidence thereof, and gener-
ally to do whatever they may judge expedient for the
interest of said company, the same being in conformity
with the objects of this act and not contrary to the
laws of this State or of the United States, nor to any
bye-laws adopted at a general meeting of the stock-
holders of the said company.
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Banking for-
bid.
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SEC. 8. And be it enacted, That this act nor no part
thereof shall be so construed as to give to said com-
pany any banking privilege, or any right to issue any
bank note or notes, or certificates of deposit payable to
bearer, or small notes for circulation of any kind
whatever.
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