290

LAWS OF MARYLAND.

bonds from them for the faithful performance of
their duty as are deemed necessary; to borrow
money if required by the company and secure the
same by mortgage on its property.

Elections.

SEC. 5. And be it enacted, That the said Pres-
ident and Directors shall continue in office for
one year, and until the election and qualifica-
tion of their successors; the election of their suc-
cessors shall take place annually on the first Mon-
day of March, from among the stockholders, by
ballot, of which there shall be given due notice,
and if such election do not then take place, the
said corporation shall not thereby be dissolved,
but an election may be held on any other day,
due notice thereof being given in one or more of
the newspapers printed in the city of Annapolis.

Property an-
swerable for li-
abilities.

SEC. 6. And be it enacted, That the stock of
this corporation shall be deemed personal estate,
and shall with all the effects of the company, be
liable for its debts, but the stockholders individ-
ually, shall not be liable therefor; and the ser-
vice of any judicial process on the President shall
be sufficient service on the company.

Persons injur-
ing works to
pay damages.

SEC. 7. And be it enacted, That if any person
or persons shall injure the works of this corpora-
tion, they shall forfeit and pay the damages sus-
tained therefrom, to be recovered with costs of
suit, in the name of said corporation, before any
Court or Justice of the Peace having cognizance
thereof.

Governor au-
thorised to con-
tract.

SEC. 8. And be it enacted, That the Governor
of the State, be and he is hereby authorised to
contract with the President and Directors of the
said company, or their agent or agents, annually
for gas light to supply the public buildings and
grounds belonging to the State, at the same rate
and terms upon which gas light is furnished to
the citizens of Annapolis, and the Comptroller
when certified by the Governor of the sum of
money agreed by him to be paid to the said com-
pany for gas light, shall issue his warrant upon
the Treasury of the State for the same, in favor
of the said President and Directors, and the
Governor is hereby authorised to contract in like
manner with the said company for all the gas
fixtures and apparatus necessary to introduce gas
light into said public buildings and grounds, to