1849.

LAWS OF MARYLAND,

CHAP. 536.

ings of the stockholders, a majority in value of all the
stockholders in said company, may remove from office
any president or any of the directors of said company,
and may appoint others in their stead.

Duties and

powers of the

president and
directors.

SEC. 9. And be it enacted, That the said president
and directors or a majority of them, may appoint all
such officers, engineers, agents, or servants whatsoever,
as they may deem necessary for the transaction of the
business of the company, and may remove any of them
at their pleasure, that they or a majority of them shall
have power to determine by contract the compensa-
tion of all the engineers, officers, agents or servants
in the employ of said company, and to determine by
their bye-laws the manner of adjusting and settling
all accounts against the company, and also the man
ner and evidence of transfers of stock in said com-
pany, and that they or a majority of them, shall have
power to pass all bye-laws which they may deem ne-
cessary or proper for exercising all the powers vested
in the company hereby incorporated , and for carrying

Proviso.

the objects of this act into effect; provided only, that
such bye-laws shall not be contrary to the laws of
this State, or any of the provisions of this act.

When lands
are required.

SEC. 10. And be it enacted, That whensoever it
shall be necessary tor said company to have, use,
or occupy, any lands, materials or other properly, in
order to the construction or repairs of any part of
said road or the works or necessary buildings, the
president and directors of said company, or their
agents, or those contacting with them for making or
repairing the same, may immediately take and use
the same, they having first caused the property want-
ed to be viewed by a jury formed in the manner
hereinafter prescribed, and that it shall not be neces-
sary alter such view, in order to the use or occupa-
tion of the same, to wait the issue of proceedings
upon such view, and the inquest of the jury, after
confirmation, and after payment or tender of the
valuation, shall be a bar to all actions for taking or us-
ing such property, whether commenced before or af-
ter such confirmation, or the payment of said valua-
tion.

To make road.

SEC. 11. And be it enacted, That the said presi-
dent and board of directors of said company, or
a majority of them, may construct and repair a
rail road from some point on the Chesapeake bay, or
on one of the rivers flowing into said bay, to the di-
viding line between the States of Maryland and Del-
aware, that they may contract for the making of the