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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2894   View pdf image (33K)
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556

LAWS OF MARYLAND.

until the first Monday in November next there-
after, and until a new election shall be had, which
said election shall be held annually on the third
Monday of November, and that said President and
Managers shall make such rules, by-laws, and
regulations as may to them seem necessary for the
well-governing of the affairs of said Company ;
that all stockholders, in any election of the officers
of said Company, shall be entitled to vote as fol-
lows : One vote for one up to three shares of stock,

Votes.

over three and not exceeding ten, tive votes ; over
ten and not exceeding fifty, seven votes ; over fifty
and not exceeding one hundred, ten votes ; over
one hundred and not exceeding two hundred,
twenty votes ; and over three hundred shares,
thirty votes.

Name.

Sec. 3. And be it enacted, That the stockholders
in said Company shall be and they are hereby in-
corporated and constituted a body politic, by the
name of the Williamsport and Antietam Turnpike
Company, and by the same shall have succession
during the continuance of this Corporation, and
the said stockholders and their successors, by the
name aforesaid, may sue and be sued, answer and
be answered in any Court of law or equity in this
State, and may do and execute every other matter
and thing by the name aforesaid, that they are
authorized to do in virtue of this Act.

Receive sub-
scriptions.

Sec. 4. And be it enacted, That the President and
Managers, after their election as hereinbefore pro-
vided for, shall have full power to receive addi-
tional subscriptions for the unsubscribed stock or
vacant shares, and when a sufficient sum had been
raised and paid in to construct said road, no far-
ther subscriptions shall be received, and said Pre-
sident and Managers shall cause the road to be
laid out on or near the bed of the county road
leading from Williamsport through Janes' Cross
Roads to the Washington County Rail Road, mak-
ing an artificial bed of stone or gravel not less
than sixteen feet in breadth.

When com-
pleted.

Sec. 5. And be it enacted, That said Company
shall cause said road to be completed within eight
years from the passage of this Act, otherwise the
right of said stockholders above revert to the State
of Maryland.



 
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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2894   View pdf image (33K)
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