X. And be it
enacted, That if the said company
shall collect or receive any
greater rates than those herein
enumerated, or shall neglect to keep said bridge in
repair, he, she or they, so offending,
shall, for every offence, forfeit and pay
the sum of twenty-five dollars,
for the use of Baltimore-town; provided, that
no suit therefor shall be brought
until after thirty days from the time of
committing said offence.
XI. And
be it enacted, That it shall
and may be lawful for the president and
directors aforesaid, or persons
acting under them, to take down the bridge known
by the name of the Lower Bridge,
and to use and occupy the adjoining lots and
streets, and also to occupy the
bed of Jone's Falls, so far as may be necessary
for collecting together, and working
and using, materials and machinery for
building and securing, or preparatory
to building, the said bridge; provided, that
if any person shall be injured by
said company occupying the lots adjoining,
such person shall be indemnified
by the said company.
XII. And
be it enacted, That the said
bridge shall be in length co-extensive
with the width of Jone's Falls,
as laid down by the port-wardens of Baltimore-town,
of a width not less than thirty
feet; of shall not consist of more than three
arches, the centre one of which
shall have at least thirty fee space; the sides of
said bridge shall be secured by
walls, or balustrades, not less than three feet high.
XIII. And
be it enacted, That the president
and directors of the company
give to each stockholder a certificate
of the share or shares he may hold, which
shall be a transferrable property,
under such regulations and conditions as may be
by the said president and directors
adopted for the same; and provided any
subscriber shall, after due notice
being given, refuse or neglect to pay the amount
of his subscription, or such part
thereof as may be by the president and directors
be called for, the sum or sums already
paid by such subscriber shall be forfeited,
and the said president and directors
may proceed to receive fresh subscriptions
for such share or shares as may
so become forfeited.
XIV.
And
be it enacted, That the president,
and a majority of the directors,
shall be a quorum to do business;
they shall keep a book or books, in which
shall be inserted minutes of their
proceedings, contracts, purchases, expenditures,
and a state of the cash in hand,
which book or books shall at all times be open
to the inspection of the stockholders.
XV. And
be it enacted, That the said
stockholders shall be and are hereby
declared a body corporate, by the
name of The President and Directors of the
Water-street Bridge Company, and
by the same name shall have succession until
the purposes of this act be answered,
and may sue and be sued, plead and be
impleaded, in any court of justice
in this state, and before any judge, judges and
justices, in all manner of suit
or suits, causes, matters and demands, in as full
and ample a manner as any other
person or persons, bodies politic or corporate,
within this state, in like cases
may or can do, and may make, have and use, a
common seal, and the same may break
or alter at their pleasure. |
CHAP.
LVI.
No greater
rates to be received,
&c.
Bridge may
be taken
down, &c.
Length, &c.
of the bridge,
&c.
President, &c.
to give a certificate,
&c.
Majority to
be a quorum,
&c.
Stockholders
declared a body
corporate,
&c. |
