| CHARLES RIDGELY, OF HAMPTON, ESQ. GOVERNOR.
hold to them, their successors and grantees, as their sole and exclusive
property. |
1815.
CHAP. 51. |
12. AND BE IT ENACTED, That if any person
or persons shall
wilfully do, or cause to be done, any act whatsoever whereby the
said works, or any pipe, conduit, canal, water course, mound,
plug, cock, reservoir, dyke, or any engine, machine or structure,
or any matter or thing appertaining to the same, shall be stopped,
obstructed, impaired, weakened or injured, or wilfully pollute the
said water by throwing any dead animals, or other impure substance
into the same, or by swimming, bathing, or washing therein, the
person or persons so offending shall forfeit and pay to the said company
treble the amount of the damages sustained by means of such
offence or injury, to be recovered by such company with costs of
suit, by action of debt, or action on the case, in any court of judicature
of this state, or by warrant before any magistrate thereof,
which action shall in every instance be considered as transitory in
its nature, and shall and may be triable in any county in this state. |
Penalty for stopping
or obstructing
works. |
13. AND BE IT ENACTED, That it shall not be
lawful for the said
corporation to enter into any negotiations on bills or notes, nor to
deal in exchange, discount, or other commercial or banking operation;
and dividends of the profits of the stock shall be annually
made, reserving only, at the discretion of the directors, such proportion
as they, or a majority of stockholders, shall deem sufficient
for maintaining and supporting the works necessary to promote
or obtain the objects of this incorporation; and if the said corporation
shall not carry into effect the intentions of this act within five
years from the passage thereof, in that case all the powers hereby
vested in them shall cease and determine. |
Corporation not
to be concerned in
banking operations,
&c. |
_____
|
|
CHAP. LII.
An Act to incorporate the Steam Company of Princess Anne.
Lib.
TH. No. 4, fol. 476. |
Passed Jan. 5, 1816. |
WHEREAS several citizens of Maryland have associated
and
formed themselves into a company, and raised a stock of thirty
thousand dollars, for the purpose of erecting a steam mill and
manufacturing establishment; therefore, |
Preamble. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
the subscribers for the said stock, consisting of thirty thousand
dollars, divided into shares of twenty dollars, their legal representatives,
successors or assigns, shall be and they are hereby
made and created a body politic and corporate, by the name and
style of The President and Managers of the Steam Company of
Princess-Anne, and by that name may sue and be sued, plead and
be impleaded, and do and suffer all acts, matters and things, which
a body politic and corporate may lawfully do and suffer. |
Subscribers incorporated. |
2. AND BE IT ENACTED, That the affairs of
said company shall
be managed by five managers, one of whom to be chosen by the
others the president, the managers to be chosen by the stockholders
by ballot, each stockholder having as many votes as he has shares,
and voting either in person or by proxy. |
Election of president
and managers. |
3. AND BE IT ENACTED, That the persons now
acting as president
and managers, shall continue to act until after a new election
of managers, which shall take place in the town of Princess-Anne,
on some day in April next, and on some day in the same month
annually, after giving ten days notice thereof. |
Persons now acting
to continue until
after a new election. |
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