| NOV. 1812.
CHAP. 78. |
LAWS OF MARYLAND.
20. AND BE IT ENACTED, That in case the said
tolls, as hereby
first established, shall, in any one year from and after the term of
two years after the completion of the said road, exceed in net profits
the sum of ten per centum per annum, then the legislature may,
at any subsequent session, and from time to time reduce the said
tolls; Provided, that when thus reduced, they shall not yield in
net
profits a less sum than tern per centum; and in making such reduction
they shall be governed by the average of the clear income and
profits arising from the tolls of the two years next preceding such
reduction. |
In case they
should be increased
by president &
directors, and exceed
10 per cent,
net profits they
may be reduced.
Proviso. |
21. AND BE IT ENACTED, That in case the tolls
should be increased
by the said president and directors, by virtue of the authority
herein before given them, and when so increased they shall
exceed in net profits the sum of ten per centum per annum, that
then
and in such case the legislature may at any subsequent session,
and from time to time, reduce the said tolls; Provided, that when
thus reduced they shall not yield in net profits, a less sum than ten
per centum per annum; and in making such reduction they shall be
governed by the average of the clear income and profits arising
from the tolls of the two years next preceding such reduction. |
Penalty for not
publishing account
of expenditures
and profits. |
22. AND BE IT ENACTED, That in case the said
president and
directors shall not comply with the provisions of this act, in publishing
an account of their expenditures and net proceeds semi-annually,
and also in laying before the legislature every two years
after the completing said road as aforesaid, a statement upon oath,
of their capital expended, and the profits arising from the same,
they shall forfeit and pay, for each neglect, the sum of two hundred
dollars. |
Punishment of offences
created by
this act.
1791, ch. 68. |
23. AND for the punishment of all offences
created by this act,
and committed by the corporation or their agents, BE IT ENACTED,
That prosecutions by actions shall be carried on and prosecuted
against the said president in the county court of the county in
which the said president shall reside; and all fines or forfeitures
imposed by this act, which may affect other persons, shall be recovered
by indictment against the party offending in the county
court of the county in which he or she shall reside; and the same,
when received, shall be paid to the state or to such person or
persons to whose use the same are by this act appointed; and if any
person shall refuse to pay the toll or tolls imposed by this act, at
the respective places at which they may be demanded by law, or
shall evade the payment thereof, by going round the toll gates,
such toll shall be recovered by warrant, issued by any justice of
the peace of the county in which the payment of such toll may be
demanded by virtue of this act, or of the county in which such
person shall reside, and all such justices are hereby authorised and
required to issue such warrants on the application of the said president
and directors, or their agents or toll receivers, and to hear
and determine the said complaint, and to pass judgment and award
execution thereon, in the same manner as they are authorised to
proceed in other cases by the act*, entitled, An act for the speedy
recovery of small debts out of court, and to repeal the acts of assembly
therein mentioned. |
Proprietors may
lessen tolls. |
24. AND BE IT ENACTED, That the said proprietors,
or a majority
of them, holding at least five hundred shares, shall have full |
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