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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2628   View pdf image (33K)
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290

LAWS OF MARYLAND.

 

train, and shall receive, transport and discharge
such passengers at, from, and to all such places on
the due payment of the freight or fare duly autho-
rized therefor, and shall be liable to the party
aggrieved in action for damages for any neglect or
refusal in the premises.

Tolls.

Sec. 16. And be it enacted, That said Company
shall be entitled to charge as tolls a sum not ex-
ceeding four cents per ton per mile on all goods,
merchandise or property of any description what-
soever transported on said railroad, and also a
sum not exceeding four cents per mile for each
passenger whom they may transport on said road
authorized to be built by this Act.

Make exhibit.

Sec. 17. And be it enacted, That at the regular
annual meetings of the stockholders of said Com-
pany, it shall be the duty of the President and
Directors in office for the preceding year to exhibit
a clear and distinct statement of the affairs of the
Company, and that any called meetings of the
stockholders, or a majority of them present may
require similar statements from the President and
Directors whose duty it shall be to furnish them
thus required, and at any general meeting of the
stockholders a majority in value of all the stock-
holders in said Company may remove from office
any President or any Director of said Company,
and may appoint others in their stead.

Dividends.

Sec. 18. And be it enacted, That the President
and Directors shall annually or semi-annually de-
clare and make such dividends as they may deem
proper, of the net profits of the said Company
after deducting the necessary current expenses and
probable contingent expenses, and that they shall
divide the same among the stockholders of said
Company in proportion to their respective shares.

Injure or de-
stroy.

Sec. 19. And be it enacted, That if any person
or persons shall wilfully by any means whatsoever,
impair, injure or destroy any part of said railroad
constructed by said Company under this Act, or
any of the necessary works, buildings, vehicles or
machinery of said Company, such person or per-
sons so offending shall each of them for every
such offence forfeit and pay to said Company the
actual damages sustained, which may be recovered



 
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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2628   View pdf image (33K)
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