way, either public or private, it shall be the duty
of the President and Directors of said Company so
to construct the said road across such established
road or way, as not to impede the passage or trans-
portation of persons or property along the same or
where it shall be necessary to pass through the
lands of any individual, it shall also be the duty
to provide for such individual proper and necessary
wagon ways across said road or roads, from one
part of his land to the other.

May purchase
rolling stock,
&c.

Sec. 13. And be it enacted, That the said Presi-
dent and Directors, or a majority of them, may
purchase with the funds of said Company, and.
place on said railroad, all machines, wagons, en-
gines, vehicles or carriages, whatsoever for the par-
pose of transportation on said road, and may charge
for tolls upon goods, produce, merchandise or pro-
perty of any kind transported by them along said
railroad, the following rates namely on all goods,
produce, merchandise or property of any descrip-
tion whatever, not exceeding six cents a ton per

Tolls.

mile, except lumber, bark and staves, on. which
the charge shall not exceed four cents a ton per
mile, on cord wood not to exceed four cents a cord
per mile, on shingles not to exceed three cents per
thousand per mile, and it shall not be lawful for
any person or persons to travel upon or use said
road or to transport persons, merchandise, produce
or other property along said road without the
license of said President and Directors, or a ma-
jority of them, and the said road with all its works
improvements, and profits and all the machinery
of transportation used on said road are hereby vest-
ed in said Company, thus incorporated and their
successors forever; and the shares of the capital
stock of said Company shall be deemed personal
estate.

Dividends.

Sec. 14. And be it enacted. That the said Presi-
dent and Directors, shall declare and make such
dividends as they may deem proper of the net pro-
fits arising from the resources of the said Company
after deducting the necessary current, and proba-
ble contingent expenses, and that they shall divide
the same amongst the proprietors of the stock of
said Company in proper proportion to their respec-
tive shares.