THOMAS H. HICKS, ESQUIRE, GOVERNOR.

587

Company annually to give notice at least ————
weeks by advertisement in some newspaper pub-
lished in St. Mary's and Charles counties, or by
notice posted at such public places as he may deem
proper, of the election which shall be held on the
first Monday in January in each and every year,
for fifteen directors of the company, who shall be
members thereof, but in case such election from
any cause should not be held on the said day the
company shall not in consequence thereof be
dissolved, but such election may be held at such
subsequent time as may be selected by the
board of directors or a majority of them; at all
such elections each member shall have one vote

and may vote either in person or by proxy.

SEC. 7. And be it enacted, That the constitu-
tion and by-laws of said company shall only be

made by the concurrent vote of at least two

thirds of the whole Board of Directors, ex-

clusive of the President, and any amendment
or alteration of the constitution or by-laws
shall only be made by the general meeting
of the members of the company convened in
pursuance of public notice given as in cases of
election for directors, when each member present
shall have one vote, and two thirds of the votes
thus given shall decide, and any amendment or
alteration of the constitution or by-laws that may
be thus made, shall be binding upon all the mem-

bers of the company.

Constitution
and by-laws to
be made by a
a two-third
vote.

SEC. 8. And be it enacted, That it shall be the
duty of the President whenever required in writ-
ing by not less than twenty members of the com-
pany, other than the directors, to call a general
meeting of the members by giving notice as in
cases of election for directors, for the transaction
of such business as may be specified in the said
written requisition, and any resolutions or pro-
ceedings passed or had at such meeting, by not
less than two-thirds of the members who shall be
present, shall be binding upon the President and
Directors and members of the company.

Duty of the
President.

SEC. 9. And be it enacted, That this charter
shall be in full force and effect until the first Mon-

day in January, nineteen hundred.

In force.

SEC. 10. And be it enacted, That whenever a loss
shall occur which the said company are liable to

Duty of Di-
rectors.