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appoint, they giving two months notice of the pay-
ment so required, in the newspapers aforesaid.
SEC. 6. And be it enacted, That the stockholders
in said company shall meet on the first Monday in
May, in the year eighteen hundred and fifty-one, and
on the first Monday in May in each succeeding year,
for the purpose of choosing six managers as aforesaid,
for the ensuing year in manner aforesaid, and at such
other times as they shall be summoned in such man-
ner and form as shall be described by the bye-laws of
the said corporation, at which annual or special meet-
ings they shall have full power and authority to make,
alter or repeal, by a majority of votes in manner afore-
said, all or any of the bye-laws, rules, orders and regu-
lations made as hereinafter provided, and to do and
perform any other corporate acts herein authorised,
and the managers of said company, or a majority
of them, shall have power to appoint judges of elec-
tion, and to elect a president of said company from
among the directors or stockholders, and to allow him
a compensation for his services, if they shall deem it
proper, and if any vacancy shall occur by death, re-
signation, refusal to act, or removal from Baltimore
county, of any president or manager, or a stockholder
may be elected to fill such vacancy until the next an-
nual election, and all elections which are by this act,
or shall by the bye-laws of the company.be required to
be made on a particular day, or at particular time, if not
made on such day, or such time, may be made within
thirty days after the time limited, and after such notice
as the bye-laws or a majority of the managers shall
provide.
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CHAP. 196.
General meet-
ings, &c.
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SEC. 7. And be it enacted, That any four of the mana-
gers, including or without the president, shall constitute
a board and quorum for the transaction of all kinds of
business, and shall be competent to appoint all such
officers, agents and servants whatsoever, as they may
deem necessary for the transaction of the business of
the company, fix their compensation, and dismiss
them at pleasure, provide for requiring and taking
security for the faithful performance of the duty of
any officer of the company, for making all contracts
which shall be necessary to effect the purposes con-
templated by this act, and for settling all the accounts
of the company, to provide for furnishing to stockhol-
ders certificates or other evidence of their right to
slock, and for the transfer of stock, and the evidence
of such transfer, and to pass all such bye-laws as
shall be proper or necessary for exercising all the
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Quorum.
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