| 1815.
CHAP. 48. |
LAWS OF MARYLAND.
the remaining commissioners shall fill the vacancy by appointing a
person resident in the county in which the commissioner whose
place is vacated resided. |
Damages to be
valued. |
2. AND BE IT ENACTED, That the commissioners
shall value
the damages which each person through whose lands said roads,
and those herein after mentioned shall pass, will sustain thereby,
taking into consideration all advantages and disadvantages, arising
from the execution of this act; and they shall return a plot of the
roads which they shall locate, to each of the clerks of Baltimore
and Harford counties, to be by them filed in their offices, and if
any person claiming damages, consider himself aggrieved
by said valuation, the judges of the respective county courts of
Baltimore and Harford counties, shall appoint five commissioners,
who shall consider such damages, and confirm, increase or diminish
the same, in their judgment, and whose judgment shall be final and
conclusive. |
Subscription books
to be opened.
Proviso. |
3. AND BE IT ENACTED, That a company shall
be incorporated
to make the turnpike road or roads herein directed to be made,
and subscription books shall be opened on or before the first Monday
of March next, at Baltimore and Belle Air, for a capital
stock for said company of sixty thousand dollars, in shares of fifty
dollars each, under the direction of the following commissioners,
or any one of them; that is to say, James Gettings, Henry Nichols,
William Wilson, Samuel Bradford, Henry Dorsey, Peter Bond,
Henry Thompson, Thomas Tenant, Richard Frisby, Joseph Jenkins,
Levi Hollingsworth, John Kelso and William Stansbury,
(of Abraham;) Provided, that there shall be five dollars paid on
each share at the time of subscription. |
Managers to be
chosen. |
4. AND BE IT ENACTED, That when two hundred
or more shares
of said stock shall have been subscribed, the commissioners shall
appoint a day of meeting of the stockholders to organize the institution,
and give thirty days public notice thereof; and the stockholders
at said meeting shall choose by ballot, in person or by
proxy, nine managers, a majority of whom shall form a quorum,
to conduct the business of the company until the first Monday in
April eighteen hundred and seventeen, and the managers shall
elect a president from their own body; and in case of the death or
resignation of any of the said managers, the board may by appointment
fill the vacancy so occasioned; and said stockholders
may make such by-laws, orders and regulations, as they shall
deem necessary, not inconsistent with the laws of this state; and
on the first Monday of April in every year thereafter, or within
ten days thereafter, said company shall meet for said purposes at
such place as the president and managers shall appoint, and in all
such elections or proceedings each share shall be entitled to one
vote, provided that no person or company shall have more than
ten votes. |
| Stockholders incorporated. |
5. AND BE IT ENACTED, That the stockholders
in said company
shall be and they are hereby created a body politic and corporate,
by the name and style of The Baltimore and Harford Turnpike
Company, and by the same name shall have perpetual succession,
and all the privileges and franchises incident to a corporation, and
shall have a common seal, which they may break or alter at pleasure,
and shall be capable of suing and being sued, answering and being |
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