NOV. 1812.
CHAP. 133. |
LAWS OF MARYLAND.
politic and corporate, in deed and in law, by the name, style and
title, of The Elk and Christiana Turnpike Company, and by the
same name shall have perpetual succession, and all the privileges
and franchises incident to a corporation, and shall be capable of
suing and being sued, answering and being answered, and shall be
capable of enlarging the stock by new subscriptions if the same
shall be found necessary. |
Payments how to
be made. |
5. AND BE IT ENACTED, That the sums so subscribed
shall be
paid to the president and managers aforesaid, in the following
manner: One fourth thereof, (including the sum paid at the time of
subscribing,) at the end of one month after the election of managers,
and the remainder in such sums and at such times as the president
and managers may appoint, they giving thirty days public
notice of the payments so required.
By 1817, ch. 88, suits may be instituted against subscribers
to compel payments. |
Direction of road,
width. |
6. AND BE IT ENACTED, That said company shall
open said
road from said Elk Landing to Christiana Bridge, keeping the
now public road from Elk Landing until it crosses Big Elk Creek,
and then as nearly straight as the nature of the country will admit,
having regard to hills and other obstructions, not more than
sixty-six feet wide, and shall cause eighteen feet in width to be
bedded with stone, gravel or other hard substance, and erect bridges
over the streams crossing the same; and after the whole extent
of said road shall be opened, whenever two miles shall be perfected,
said company shall be entitled to receive tolls. |
Rights, immunities,
&c.
* Ch. 64. |
7. AND BE IT ENACTED, That said company shall
be and hereby
are invested and clothed with all the privileges, rights, immunities
and advantages, which were intended to be held and possessed
by the intended turnpike company, incorporated by an act passed
at November session eighteen hundred and nine*, entitled, An act
to incorporate a company for making an artificial road from
French-town to Elk River, in Cecil county, in the state of Maryland,
to the Delaware line, in a direction toward the town of New-Castle,
to be governed by the same regulations and restrictions as
are therein, and entitled to the same tolls, and every clause and
provision in said act relative to the road proposed to be made between
French-town and New-Castle, shall be in force as relates to
the road herein contemplated so far as the same are applicable. |
When this act
shall take effect. |
8. AND BE IT ENACTED, That when the legislature
fo the state
of Delaware shall pass an act which shall conform to this act, so
that the objects of this act can be carried into effect, then this act
shall be in operation and take effect. |
Any corporation
may subscribe for
stock. |
9. AND BE IT ENACTED, That it shall be lawful
for any corporation
or body politic in the United States to become subscribers
for stock in said company, and to make transfers of stock therein
in such manner as said company shall prescribe. |
If road is not commenced
in 3 years
right to revert to
state. |
10. AND BE IT ENACTED, That if said company
do not proceed
to carry on said work within three years after this act comes into
operation, or shall not within ten years thereafter complete the
said road, it shall be lawful for the legislature of this state to resume
the rights, privileges, liberties and franchises, granted by
this act to said company. |
Persons living on
or near said road. |
11. AND BE IT ENACTED, That it shall not be
lawful for said
company to receive from any person living within three miles of |
|
|