1816.
CHAP. 197.
Proviso. |
LAWS OF MARYLAND.
damages have been committed and claimed, and thereupon the
court or judge shall direct five disinterested freeholders, who shall
view the same, whose duty it shall be to take into consideration the
benefits and advantages that will be derived to the owner of the
said land from the road passing through the same, and assess the
damages accordingly; and the said appraisers shall make out a certificate,
upon oath, of the amount of damages by them assessed,
and make return thereof to the said court or judge who shall have
issued the order, which said court or judge shall direct the same
to be recorded, to be and remain as evidence of the debt to be paid
by the said company to the person entitled to receive the same; Provided
nevertheless, if any person through whose lands the said road
may be located, shall consider himself or herself aggrieved by the
valuation of the said appraisers, he or she, and if through lands
belonging to minors, the parents or guardians of said minors, by
filing objections in writing in the county court of Somerset, may
and are hereby empowered to stop all proceedings under this act,
until the end of the next annual regular session of the legislature. |
Company may
farm-let tolls and
duties. |
14. AND BE IT ENACTED, That the president
and managers of
the company shall and may be, and they are hereby authorised and
empowered, to grant, demise and farm-let, the tolls and duties
which they by this act, or their own by-laws, are authorised to demand
and receive. |
Accounts to be
kept and submitted
to a meeting
of the stockholders. |
15. AND BE IT ENACTED, That the president
and managers
shall keep fair and just accounts of all monies which shall have
been received by them from the subscribers or stockholders of the
said company, and also a fair and just account of all monies by
them expended in the prosecution of their works, and all contingent
expenses of every nature whatsoever relative to carrying on
the same, and shall at least once in every year submit such accounts
to a meeting of the stockholders, for that purpose to be
convened by public notice, and if upon such liquidation it shall be
found that the stock subscribed will not be sufficient to complete
such road or roads as shall have been undertaken, it shall and may
be lawful for the company to increase the capital to such extent as
shall be deemed sufficient to accomplish the said undertaking, not
exceeding the addition of fifteen dollars per share, and to demand
and receive the monies for the same, in like manner, and under the
like penalties as herein is, or shall be provided for in their by-laws. |
| Rates of tolls. |
16. AND BE IT ENACTED, That the company shall
not be entitled
to exact or receive any toll or duty exceeding the rate of twenty
cents per ton, for one thousand yards of any road by them made
in virtue of this act, or in that proportion for any less or greater
weight, quantity or distance. |
No stockholder to
be responsible beyond
the amount
of subscription. |
17. AND BE IT ENACTED, That no subscriber
or stockholder of
the company shall be held responsible for the engagements thereof
beyond the primary or eventual limitation of his, her or their subscription
or stock, but each and every subscriber shall be liable,
and may be warranted or sued, as the case may require, in his, her
or their individual or corporate character, for any default or defaults
in any payment of requisitions made by the board of president
and managers. |
Persons to be appointed
to view
road when completed. |
18. AND BE IT ENACTED, That so soon as the
company shall
have perfected any distance of rail road, not being less than one |
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