The Republican. [volume] (Oakland, Md.) 1877-current, 1906-08-09

OF one per centum upon the amount of
stock which said company is authorized
to have, and like bonus upon the
amount Of any subsequent increase of
the capital stock the company is author
lied to have. The bonus tax upon anv
increase of the capital stock shall be
due and payable Immediately after the
passage of and resolution by the stock
holders of the company authorizing such
increase, and before such shares of the
increased capital stock are issued, and
a certificate Of the proceedings of such
meeting, showing a compliance there
with, the amount Of capital stock or
stock exchanged in way of payment for
real estate or other property purchased
Tor the use Of the corporation: the
amount to which the capital stock shall
be made out and signed by the chair
man, and such certificate shall be sworn
to by the president and filed with the
said State Tax Commissioner.
SEC. I. And be it enacted, That the
affairs Of said corporation shall be man
aged by board Of directors, as provid-
ed for in Section Of this Act, to be
. chosen annually by the stockholders and
to serve for one year, or until their sue
cessorS are chosen; and said board of
directors, Immediately after their cleo
ton, Tor the purpose Of organization,
/ snail elect president, a vice-president
/ tWho may be made general manager of
/ the company, and a secretary and
/ treasurer; and that until such choice of
d board Of directors the said Robert c.
McCandllsh, Clarence V. Guard, Walter
/ " savage, ChafleS A. Mitchell and
/ Dd1 iS .. custer, or majority OF them,
9lldH nave IuI power and authority to
eAeIcISe all tne corporate powers OF the
aaIq corporation, and the SAID president,
Mltn ne consent OF SAID directors and
IHejr successors, or majority OF them,
9lldll nave Iull power ana authority to
4 aPPolII, employ and compensate, and
agent or servants az ba I da ot,IGed
essarv in the business of Sid ca,,, l,r
ton; also to purchasa ana hold sTcb raal
and personal pronartv natarials car s,'
machinery. i,nnIeneots nT,;,.iie%eS
easement and franchises within Car,,eft
county, and to nurchese 0r eract ali
such machinery BUILDINGS ~. Ctbo,, IN,
provements as NAV he necassar,, r. cor
nv into effect the object of aid cn,,nn ~,,1
ton. and the same or am, nart tbara0f
~ l III an W. a,ii'e VI any part Ihereot
81 80 - 80 VI oLherNlSe dispose OF
the mode OF iss1Iing and +ranefer,,i,,c,
,Gn W t tb S@'tu coLpora5lon ana the
Ga .l.eteoI, anu 70 20 "llaI may
~ iea'''iI !" carry OUT Ihe OBJECT OF
laws adopted at any gnne,,af noeet;t,r GGf
a. ''i;S sJile.sal meeting 81
= c,io Ir[''q fo' ~ VI Sa.u eoiGraVLon ana
~ LII ~ oi'e idiiSaG lloil Oh ollsl
in case 4 vacancy shall occur in the
presidency or dictatorship of said cor
poration, the remaining directors shall
have power to fill such vacancy bv
appointing some stakeholder to that
Office, until the next meeting of the
stockholders for the choice Of directors.
Crc Ard L., = o,,a...J
,oe Si of II ~ ne IL GidJteu nat
a,,,,,a-,- eli ~ - hiioi.leI9 y s@!a
t,5a ,,d ,' ,'ll ~ .igiii t'l'lualy d such
tbn o 'I3 iL''t G eS'aoIslieu pE
tbe Grns;Jl, tt'',' ~ 7,if'.t oe tliS uu'y ?i
,noa+infr ~ n,ol ('. ~ t4 20 at sag
t;or an5 L, itis'"c g tFP1I % III? coilul-
anJ ,;ai al 81 sal con-
tocboiders go Iej ba liz eiLeIII.g VI tne
by ma "rt, i nf fb De i 49, a. .{ .e
o (jle ,'i' eItol1 or py one