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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 1525   View pdf image (33K)
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            LEVIN WINDER, ESQUIRE, GOVERNOR.

third year, from the date of the incorporation, lay before the general
assembly of this Commonwealth, and the general assembly of
Maryland respectively, an abstract of their accounts, shewing the
whole amount of their capital expended in prosecution of the said
work, and of the income and profits arising from the said toll for
and during the respective periods, together with an abstract
account of the costs and charges of keeping the said road in repair,
and all other contingent costs and charges, to the end that the clear
annual income and profits thereof may be ascertained and known.

DEC. 1813.

CHAP. 126.

    " Sec. 18.  And be it further enacted by the authority aforesaid,
That the said company shall cause posts to be erected at the intersection
of every road falling into and leading out of the said turnpike
road, with boards and an index hand pointing to the direction of
such road, on both sides whereof shall be inscribed in legible characters
the name of the town or place to which such road leads,
and the distance thereof in measured or computed miles, and shall
also cause mile-stones to be placed on the side of the said turnpike
road, to designate the distances to and from the principal places
thereon, and shall also cause to be affixed on the gates to be erected,
fro the information of travellers and others using the said road,
a printed list of the rates of toll, which from time to time may be
lawfully demanded; and if at the end of three years after the
said first section of five miles, and every like succeeding section
of five miles, and every like succeeding section of the said
road shall have been completed, it shall appear that the said
clear income and profits will not yield a dividend of six per centum
per annum on the capital stock so expended, from time to time of
investing the same, then it shall and may be lawful for the president
and managers to increase the tolls herein before allowed so much
on each and every allowance thereof, as will raise the said dividend
up to six per centum per annum; and if at any time it shall
appear by the said abstract that the said income and profits will
yield a dividend exceeding ten per centum per annum, then the said
toll shall be so reduced as to reduce the dividend down to ten per
cent. per annum.
Posts, index hands
and mile stones to
be erected—Tolls
may be increased.
    " Sec. 12.  And be it further enacted by the authority aforesaid,
That if any person or persons shall wilfully break, deface, pull up
or prostrate, any mile-stone or mile-post which shall be placed in
pursuance of this act on the side of the said road, or shall obliterate
the letters or figures inscribed thereon, or shall wilfully break,
pull down, deface, destroy or injure, any direction post which shall
be erected in pursuance of this act, at the intersection of any road
as aforesaid, or the board or index hand affixed thereto in conformity
with the directions of this act, or shall obliterate the letters
or figures inscribed or marked thereon, or destroy, deface or obliterate,
the letters, figures or other characters, marked at any
turnpike or gate, which shall be erected in pursuance of this act,
for all or any of the purposes therein mentioned, or the whole or
any part of any printed list of the rates of tolls which shall be
fixed in pursuance of the directions of this act, at such gate or
turnpike, he or they so offending in the premises, shall, and each
of them shall, for every such offence, severally and respectively
forfeit and pay to the said president, managers and company, the
sum of twenty dollars, to be sued for and recovered, with costs of
suit, before any justice of the peace in manner aforesaid.
Penalty for defacing
any mile-stone,
&c.


 
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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 1525   View pdf image (33K)   << PREVIOUS  NEXT >>


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