1852.

LAWS OF MARYLAND.

CHAP. 162.

as shall be necessary and convenient for conducting
the affairs of the said corporation, not repugnant to
law.

Objects of
corporation.

SEC. 2. And be it enacted, That the objects of said
corporation are declared to be the establishment of a
steam ferry, to transport passengers, goods, wagons,
carriages, merchandize, or any transportable articles, to
and from any point or points on the Anne Arundel
shore, on the Patapsco river, from and to any part of
the city of Baltimore, and to erect wharves, buildings,
and any other appendage necessary or convenient to

Authority to
buy boats, &c.

Power given
to engage in
towing of ves-
sels, &c.

the conduct of said business; for which purposes they
are authorized to buy or build steam ferry boats, and
also to purchase, bold, sell, rent, and lease land in fee
simple or otherwise; and power also is given to said
corporation With said boats, to engage in the towing of
vessels, sailing to and from the port of Baltimore, and
to afford facilities to owners of stranded or wrecked
vessels, or others interested in securing the cargoes of
such vessels, and to make valid contracts therefor.

Rate of tolls.

SEC. 3. And be it enacted, That the company
hereby incorporated, shall be permitted to charge the
same rale of tolls, as are provided in the charter of the
Patapsco Ferry Company, incorporated in eighteen
hundred and forty-nine, chapter two hundred and one;

Proviso.

Provided, the same tolls do not exceed the following
rates, namely: for every foot passenger five cents ;
horses and riders, twelve and half cents; car or wagon
with one horse, mule or ox, fifteen cents; cart or wagon
with two horses, mules or oxen, seventeen cents; cart or
wagon with three horses, mules or oxen, twenty five
cents; carts or wagons with four horses, mules or oxen,
thirty-five cents; pleasure carriages with one horse eigh-
teen and three quarter cents, with two horses thirty se-
ven cents, with four horses seventy-five cents; head of
horses, mules or cattle eight cents; sheep and swine,
&c. five cents.

Capital stock.

SEC. 4. And be it enacted, That the capital slock
of said corporation shall not exceed one hundred thou-
sand dollars, in shares of one hundred dollars each.

President and
directors to be
elected.

SEC. 5. And be it enacted, That for the manage-
ment of the affairs of the company, the stockholders
shall elect a president, and not less than six directors,
who shall remain in office for one year, or until succes-
sors shall be elected; a majority of whom shall form a
quorum or board; that a majority of stockholder shall
at any time call a meeting upon advising all the stock-
holders, by advertisement or otherwise, of the time and
place of holding said meeting.