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ward Gray, who shall appoint the judges of the first election,
and give the necessary notice to the stockholders.
6. AND BE IT ENACTED, That the president and
directors so elected as aforesaid, or a majority of them, shall
have power, and they are hereby authorised to fix the salary of
the president, to appoint and employ so many agents, factors,
clerks and other persons, as the affairs of the company may in
their judgment from time to time require, and allow them such
compensation, salary, or wages as they may think proper, and
to do and perform such acts, and make, revise, alter and an-
nul, all such by-laws and ordinances rules and regulations not
inconsistent with the laws of the United States or of this State,
as they or a majority of them may find convenient, useful or
necessary for exercising and carrying into effect the powers,
granted by this act, and in general for the better managing and
promoting the interests of the said corporation and company,
or for the improvement of the natural advantages of the lands,
rights and privileges vested in or owned by them, in as full
and ample a manner as any other corporate body within this
state may or can do.
7. AND Be IT ENACTED, That it shall be the duty of
the president and directors to prepare and exhibit to the stock-
holders annually a statement of the affairs of the company, and
to make dividends of the profits of the company, at such times
and in such manner as they or a majority of them shall direct.
8. AND BE IT ENACTED, That all the property, es-
tate and joint stock of said corporation shall be bound and an-
swerable for any contracts or engagements made, or liability
incurred by the president and directors thereof, or through
their agency, or by their authority, but the stockholders shall
in no wise be answerable or liable therefor in their individual
capacities or private estates; and the service of any judicial
process by any authorised officer, upon the president or any
director shall be a good service upon the corporation.
9. AND BE IT ENACTED, That it shall be the duty of said
company to provide a competent teacher to instruct the children
employed in their service, in reading, writing and arithmetic.
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dec. sess.
1815.
agents &c.
Dividends.
Property an-
swerable for
contacts.
Teacher.
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CHAPTER 141.
An act to repeal part of the act entitled, an act for the case of
the inhabitants in examining evidences relating to the bounds
of lands, and in the manner of obtaining injunctions.
Sec. 1. BE IT ENACTED by the General Assembly of
Maryland, That all that part of an act entitled, an act for the
case of the inhabitants in examining evidences relating to the
bounds of lands, and in the manner of obtaining injunctions,
which requires the commissioners to affix public notice at the
parish church where the land lies or in which the party resides,
be and the same is hereby repealed.
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Passed Jan.
24, 1816.
Repeal.
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CHAPTER 142.
An act authorising the conveyance of certain property therein
mentioned.
WHEREAS James Roseberry, by his last will and testa-
ment, did bequeath to Robert Stevens, son of Robert Stevens
of Queen Ann's county, one half of his real estate, consisting
of about sixty five acres of land called Brotherhood, adjoining
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Passed Jan.
24, 1816.
Preamble.
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