1847.

LAWS OF MARYLAND.

CHAP. 306.

Potomac river or any other intermediate points, the same
rales of toll or prices of transportation as the Baltimore and
Ohio rail road company are by law authorised 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 rail road as
shall be constructed under the authority hereby given,
in such manner as it may deem equitable towards the
Said company and necessary to the accommodation of
the public travel or use of said railroad.

Duties or di-
rectors.

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 remove
such officers, agents or servants as they may deem ne-
cessary in the business of the company, also to pur-
chase and hold such real or personal property, materials,
vessels, carriages, machinery, implements, privileges,
casements and franchise, and to cause all such machine-
ry, 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 any part thereof, nnd they
shall have power to sell, lease or otherwise dispose of
the same at their discretion, also to prescribe the mode
or issuing and transferring stock in said company and
the evidence thereof, and generally to do whatever they
may deem 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 any bye-law adopted at a General
meeting of the stockholders of the said company.

Banking for-
bid.

SEC. 8. And be it enacted, That this act nor no part
thereof shall be so construed as to give to the said com-
pany any banking privilege or any right to issue any
bank note or certificate of deposite payable to bearer,
or small notes for circulation of any kind whatever.

In force.

SEC. 9. And be it enacted, That this act shall com-
mence and be in force from and after the passage there-
of, and the company hereby incorporated shall be subject
to all the restrictions imposed by the act of December
session eighteen hundred and thirty-eight, chapter two
hundred , and sixty-seven, entitled, an act prescribing
general regulations for the incorporation of manufacto-
ries and mining companies.

Right of other
companies to
cross road.

SEC. 10. And be it enacted, That any company here-
after formed shall have the privilege of passing over the
lands of said Withers' Mining company, so as to con-
nect any lateral rail road with the rail road or roads of
said Withers' Mining company, by paying said compa-