provided, they give public notice of the day on which
such payment shall be made, at least fifteen days
previous to said day; and in case any stockholder
shall refuse or neglect to pay such portion of his, her
or their subscription at the time so appointed, the
President and Directors may proceed to recover the
same by due process of law; and in case of a failure
to realize the same by such process of law, by reason
of the want of assets, then the said stock shall be-
come forfeited to and for the use of the said company,
and the President and Directors, after giving such
public notice as they shall deem proper, shall proceed
to sell the said stock so forfeited, and transfer the
same.
SEC. 9. And be it enacted. That all moneys belong-
ing to the said company shall be paid into the hands
of the Treasurer of the said company, and the same
shall be paid out by him, on the order of the Presi-
dent and Directors, signed by the President.
SEC. 10. And be it enacted. That the said President
and Directors, or a majority of them, shall have full
power and authority to contract for and cause to be
erected the bridge aforementioned, and are hereby
authorized to select such site for said bridge as they,
or a majority of them, shall in their judgment deem
most safe and convenient; and they, or a majority
of them, shall have full power and authority to agree
with and appoint such engineers, superintendents,
and oilier officers, as they may think necessary to
construct the said bridge, and to contract and agree
for materials and all such articles as they may deem
necessary; and they, or a majority of them, are
hereby authorized to draw upon the Treasurer of
said company for all money to pay the wages or sal-
aries of all persons by them appointed or employed
in the service of the said company, or for materials
furnished and labor done.
SEC. 11. And be it enacted. That the shares in the
said bridge shall be deemed and considered personal
property, and every stockholder of a share or shares
may sell and transfer the same, or any part thereof,
not being less than one share, by writing under his
or her hand and seal before two witnesses.
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Proviso.
Refusal or
neglect to pay
All moneys
to be paid to
Treasurer.
Power to Con-tract for elec-
tion of bridge
Appoint
officers.
Shares con-
sidered per-
sonal prop-
erty.
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