Spirit of the age. [volume] (Woodstock, Vt.) 1845-1913, 1848-08-24

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majority of the directors for the time being shall
appoint; aud that notice of such election shall b,
published in Mt least two of the public newspaper
printed in the city Of Washington, at least rouriee,
days previous to the time of holding such election
and every such election shall be by ballot, and b.
such Of the Stockholders who shall attend for tina
purpose, either in person or by proxy; and cacl
stakeholder shall be entitled TO one vote for eaci
sha OF the stock which he or she may have hello
IN his or her own name for al least fourteen day,
hrlore me time oi voting; aud the perSOns hnvin.
the greatest number Of yotes shall be he directors
and II shall happen tina, two or more person.
have an equal number Of votes, the directors in Of
flee ut the time Of such eeclion shall. by purai
~ Of votes, given by ballot. determine which OI
the persons 40 having an equal nurnhpr Of vote,
shall be director or directors, so as to complete
the whole number 10 be chosen; and the director.
so chosen shall ,as soon rs may be thereafter, pro
coed by ballot TO elect QUE Of their number foi
! illeir president: and whenever amy vacancy shall
happen, the same shall he filed up by the renaln-
ing directors, by plurality of votes, until The ae&t
annual election.
SEC. 4. find be ii further enacted, That John
CaIan, Jacob BigeIow, b B. French, w II.
Narrower, VI. p CaIlan, and w. A. Bradley, shall
be the fist directors of the said company, who
January in the year Of our Lord one thousand
eight hundred and for,y-nlne, and until others are
chosen in their places; aud they shall proc ed to
choose their president at such time and place AZ
they, "r ma jorlry Of them, snail determine.
SEC. 5. Il, be il further e"HcieG, That in
case it shall AT any time happen that an election
for directors shall no. take place on the day APP
pointed by this aCt for that PM pose, the said cor
peraOn shall not, for that cause, or for any non
user, he deemed To be dissolved, but shall and
may be lawful 10 hold an election for directors Ou
any other day, in snCh manner shall he proyld-
ed for by the by laws Of the said corporation
SEC. 6. Aad be il further eaaciei, That it
shall and may be lawful for the directors, or a ma
jointly of them, to require payment Of the subscrip-
lion to the capital stock of The said corporation, at
suct tines and in such proportions AS they, OF a
MINORITY Of them, shall deem tit, under the penal
~ OF for letting all previous pay men or payments
thereon; and that previous notice of the install
ment. required 10 he paid shall be published at
least fourteen days in Two of the public newSpd.
pers printed in the city of Washington.
SEC. 7. .ADd be ii fu,ther ea0Cied, That the
president and directors shall have fail power and
authority IN manufacture, make aud sell gas, to lie
made OF coal, oil, tar, peat, pitch, or lurpenline,
or other mnteIlal, and TO he used for the purpose
Of Lighting the city of Washington, or The streets
thereof, aud any buldnss, manufactures, or
houses therein contained ur siluured, and 10 lay
pipes for the purpose nf conducting gas IN any OF
the streets, avenues, aud ALLEYS Of the SAID city,;
and, also, that the SAID company viii so conduct
the manufactures OF gas rs not TO InInre private
property or create II nuisance: PrOridei, hOuerer,
That The said pipes shall be laid subject To such
conditions. and IN compliance with such rpgua
lions MS the corporation Of Washington may liom