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LEVIN WINDER, ESQUIRE, GOVERNOR.
17. AND BE IT ENACTED, That for the purpose
of ascertaining
the weight which may be drawn along the said road in any cart,
wagon or carriage of burthen, it shall and may be lawful for the
said president, managers and company, to erect and establish
scales and weights, at or near so many of the gates erected, or to
be erected, in pursuance of this act, as they may think proper; and
where there may seem reasonable cause to suspect that any cart,
wagon or other carriage of burthen, carries a greater weight than
is or shall be by law allowable, it shall be lawful for their toll-gatherer,
or other persons in their service and employment, to prevent
the same from passing such gate or turnpike, until such cart,
or wagon or other carriage of burthen, shall be drawn into the said
erected scales, at or near any such gate or turnpike, and the weight
or burthen drawn therein ascertained by weighing; and if the person
or persons driving or having care or charge of any such cart,
wagon or other carriage of burthen, shall refuse to drive the same
into any such scales for the purpose aforesaid, the person or persons
so refusing, shall forfeit and pay to the said president, managers
and company, a sum not less than five dollars, nor more than
eight dollars, to be recovered in the same manner as debts under
fifty dollars are recovered. |
NOV. 1812.
CHAP. 78.
Scales may be
erected to ascertain
weights
drawn on said
road. |
18. AND BE IT ENACTED, That the said company
shall keep a
just and true account of all and every the monies to be received by
their several and respective collectors of tolls, at the several gates
and turnpikes on said road, from beginning to end, and of the
rents of all such parts of said road as shall be farmed or rented
out, and shall make a declare a dividend of the clear profits and
income thereof (all contingent cost and charges being first deducted,)
among all the stockholders of said company; and shall on
every second Monday in January and July, in every year, publish
the half yearly dividend to be made of the said clear profits among
the stockholders, and of the time and place when and where the
same will be paid, and shall cause the same to be paid accordingly. |
Dividends. |
19. AND BE IT ENACTED, That the president
and directors shall,
at the end of every third year after the choice of the first directors
as aforesaid, until two years next after the whole road shall be
completed, and every second year thereafter, lay before the general
assembly of this state, an abstract of their accounts, shewing
the whole amount of their capital expended in prosecution of the
said work, and of the profits and income arising from said toll for
and during the respective periods, together with an exact account
of the costs and charges, to the end that the clear annual income
and profits thereof may be ascertained and known; and if at
the end of two years after the said road shall be completed from the
beginning to the end thereof, it shall appear, from the average
profits of the said two years, that the said income and profits
thereof will not bear a dividend of ten per centum per annum, on
the whole capital stock of the said company so expended, then it
shall and may be lawful to and for the said president and directors
to increase the tolls herein allowed so much upon each and every
allowance thereof as will raise the dividends up to ten per centum
per annum, in which increase they shall be regulated by the
net
profits of the preceding year. |
An abstract of accounts
to be laid
before the legislature. |
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