DEC. 1813.
CHAP. 167.
Passed Jan. 28, 1814. |
LAWS OF MARYLAND.
CHAP. CLXVII.
An Act to incorporate a Company to make a Turnpike Road from the
City of Baltimore to Havre-de-Grace. Lib.
TH. No. 4, fol. 210.
Supplements, 1814, ch. 49; 1816, ch. 163; and 1817, ch. 133. |
| Company to be incorporated. |
1. BE IT ENACTED,
by the General Assembly of Maryland, That
a company shall be incorporated to make a turnpike road from the
city of Baltimore to the town of Havre-de-Grace. |
Number and prices
of shares—
Commissioners. |
2. AND BE IT ENACTED, That subscription books
shall be opened
on or before the first Monday of March next at Baltimore,
Bush-town, Abington and Havre-de-Grace, for a capital stock for
said company of sixty thousand dollars, in twenty-four hundred
shares of twenty-five dollars each, under the direction of the following
commissioners, or any one of them, to wit: At Havre-de-Grace
by Elijah Davis, Mark Pringle, Samuel Hughes, George
Gale, John Stump, of Cecil, Samuel Jay and William B. Stokes;
at Bush-town by Edward Hall, Samuel G. Griffith and Josias Hall;
at Abington by William Hall, John Monk and William Allen; at
Baltimore by Josias C. Hall, Charles Ridgely of Hampton, Isaac
Tyson, William Lorman, John Beale Howard, James Beattie,
John H. Barney, Thomas H. Sheppard, Robert Patterson, John
Gadsby, Joseph Biays, Thomas Sheppard and John Stockton. |
When 800 shares
are subscribed,
president and managers,
&c. to be
chosen. |
3. AND BE IT ENACTED, That when eight hundred
shares of said
stock shall have been subscribed, the commissioners shall give
twenty days public notice, of the time and place appointed for the
subscribers to meet to organize said institution, and choose, by
plurality of votes, by ballot, a president and eight managers, (five
of whom shall form a quorum,) a treasurer, and such other officers
as they shall deem necessary, to conduct the affairs of the company
until the first Monday in January thereafter, and until a new election,
and to make such by-laws as they shall deem necessary, and
on the first Monday of January in every year, or within ten days
thereafter, said company shall meet for the same purposes at such
place as the president and managers shall appoint, and in all elections
by stockholders each share shall be entitled to one vote, but
no person or company shall have more than ten votes. |
| Stockholders incorporated |
4. AND BE IT ENACTED, That the stockholders
in the said company
shall be and they are hereby created and erected into a body politic
and corporate, by the name and style of The Baltimore and Havre-de-Grace
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 of enlarging their stock by new
subscriptions if the same shall be found necessary. |
| Instalments. |
5. AND BE IT ENACTED, That the sums so subscribed
shall be
paid to the president and managers aforesaid, in such sums, and at
such time, as they may appoint, giving two months public notice
of the payment so required. |
Commissioners to
be appointed to
lay out said road.
Their oath. |
6. AND BE IT ENACTED, That the president and
managers be
and they are hereby authorised to appoint five commissioners, who,
or a majority of whom agreeing, shall lay out the road from the
city of Baltimore to the Town of Havre-de-Grace, on as straight
a line as the nature of the country will admit, having regard to
hills and other obstructions (a), and after having laid out and marked
(a) By 1816, ch. 168, and 1817,
ch. 133, any part of the location of the road
may be altered, causing plots thereof to be filed, &c. |
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