Section 4

Section 4. As soon as one hundred shares of the said capital stock shall be subscribed, it shall be the duty of the commissioners to give notice in one English and one German newspaper printed in Berks county of the time and place of meeting of the stockholders, who shall on meeting proceed to organize the said company, and shall choose by ballot in person or by proxy one president, six directors, one treasurer, and such other officers as they shall deem necessary to conduct the business of said company until other officers shall be appointed; and the said president directors shall make such by-laws and regulations for the government of said company as they shall think necessary and proper, consistent with the laws of this Commonwealth, for the well-ordering of the affairs of said company, and fixing upon the site of location of said bridge, and each stockholder shall be entitled to one vote for each share of stock by him or her held at the time of such election, and the stockholders shall meet on the second Monday in January in every year, at such place as shall be fixed on by the president and directors, for the purpose of electing officers for the ensuing year.