386

LAWS OF MARYLAND.

scribers to the said undertaking, on account of
the several subscriptions, and also all money ex-
pended by them in prosecution of the said work,
and shall, once at least in every year, submit such
account to a general meeting of the stockholders
until the said road shall be completed, and until
all the costs, charges and expenses of effecting the
same shall be fully paid and discharged, and the
aggregate amount of such expenses shall be liqui-
dated and ascertained ; and if upon such liquida-
tion, or when the capital stock shall be expended,
it shall and may be lawful for the president, man-
agers and Company, to such an extent as shall be
deemed sufficient to accomplish the work, to en-
large the capital stock of said Company, and re-
ceive subscriptions on the original terms, as be-
fore provided for in the second, third and fourth
sections of this Act.

Keep to the
right.

Sec. 11. And be it enacted, That all wagoners
and drivers of carriages of all kinds, whether of
burden or pleasure, using the said road, shall,
except when passing by a carriage of slower
draught, keep their horses and carriages to the
right hand of said road in the passing direction,
leaving the other side of the road free and clear for
other carriages to pass and repass, and if any dri-
ver shall offend against this provision, he shall
forfeit and pay not exceeding ten dollars to any
one who shall be obstructed in his passage, and
will warrant for the same, to be recovered with
cost, before any Justice of the Peace, in the same
manner as debts under ten dollars are recoverable ;
and all fines and forfeitures imposed by this Act,
not exceeding thirty doliars, shall be recoverable
before any magistrate, in the same manner as
debts under ten dollars are recoverable.

Dividends.

Sec. 17. And be it enacted, That the president
and managers of said Company shall keep a just
and full account of all moneys received by their
respective toll-gatherers at their several respective
gates on said road, which account shall be upon
oath or affirmation, as the case may be, when re-
quired, and shall make a dividend of the profits
and income thereof, not exceeding ten per cent.,
among the stockholders, which dividend shall be
declared half yearly, in the months of January
and July, and published and paid accordingly.