128

LAWS OF MARYLAND.

affairs and transact the business of said company, until
the first annual meeting hereinafter provided for, and
until an election of officers shall have been made in the
manner directed by the by-laws of said company, as
hereinafter provided for.

Meetings.

SEC. 3. And be it enacted, That the members of
the said company shall meet on the second Monday in
April, eighteen hundred and fifty. four, in the city of
Baltimore, and annually thereafter on the same day in
each year, or at such other time and place as by the
by-laws and regulations of the said company may be
appointed, whereof public notice of at least twenty days
in some of the daily papers of the city of Baltimore shall
be given, and a majority of the members who shall at-
tend the said meeting, either in person or by proxy,
shall elect from among the said stockholders, one person
to serve as president, and six or more persons, as may
be determined on, to serve as directors, whose term of
office shall be twelve months, and until others shall be
duly elected to succeed them, which said president
and directors during their term of service, shall have

Voting.

the sole management and direction of the said stock,
property, business, affairs and concerns of said company;
each share of said stock upon which all instalments due
have been paid, the holder thereof shall be entitled to
one vote, and the person or persons having the greatest
number of votes, shall be elected to the office designated
by such votes; and if it shall happen at any election
that two or more persons shall have an equal number
of votes, so that no choice shall have been made as to
such persons, then the stockholders herein authorised
to vote at such elections shall proceed by ballot a second
time, and by a plurality of votes, determine which of
the persons so having an equal number of voles, shall be
the director or president, so as to complete the number
required; and in case it shall happen at any time,
that an election of officers shall not be made on the
day, when in pursuance of this act, an election ought
to have been made, the said corporation shall not for
that reason or for any non user, be taken or deemed to
be dissolved, but it shall and may be lawful on any
other day within thirty days thereafter, to hold an elec-
tion for officers, in such manner as may be directed by
the by-laws of said company.

Object of cor-
poration.

SEC. 4. And be it enacted, That the purposes and
objects for which the Curtis' Creek Wharf and Rail
Road company aforesaid is incorporated, and which
said company are hereby authorised to effect, are the
improvement in such manner as shall be comformable