| 1817.
CHAP. 97.
Provisos. |
LAWS OF MARYLAND.
roll at least ten inches, shall be drawn along the said road with
more than five tons; that no such carriage the breadth of whose
wheels shall not be ten inches or more, or being less shall not
roll at least twelve inches, shall be drawn along the said road
with more than eight tons; that no cart, or other carriage with two
wheels, the same breadth of wheels as the wagons aforesaid, shall
be drawn along the said road with more than half the burthen or
weight aforesaid; and if any cart, wagon, or carriage of burthen
whatsoever, shall be drawn along the said road with a greater
weight than is hereby allowed, the owner or owners of such carriage,
if the excess of burthen shall be three hundred weight or upwards,
shall forfeit and pay four times the customary tolls for the
use of the company: Provided always, that it shall and may
be
lawful for the said company, by their by-laws, to alter any or all
the regulations herein contained respecting the burthens or carriages
to be drawn over the said road, and to substitute other regulations,
if upon experiment such alterations shall be found conducive
shall not lessen the burthens of carriages above described. |
Court of inspection
—May reduce tolls. |
19. AND BE IT ENACTED, That the treasurer
of the western
shore be and he is hereby constituted a court of inspection, and it
shall and may be the duty of the said companies, once every year,
and oftner if required by the court, to lay before the same a correct
and methodical account of their disbursements and expenditures,
and of the amount of tolls collected and received on the said
road for and during the twelve months preceding, and whenever
the tolls shall, during two following years, exceed ten per centum
free of all charges on the institution, the said courts shall at their
discretion hold the excess thus arising above the said ten per centum
in reserve, to meet any future deficiency, or if in their judgment
a continuance of the then tolls would produce a like annual excess,
lower the tolls, or any of them, so as to bring the aggregate on
the sid roads to ten per centum per annum; and the said court
may, in their discretion, on the representation of the said company,
revise the tolls herein established, so as to render them in their
operation more favourable to the commerce and industry of the
citizens. |
Legal rate of per
cent. Dividends. |
20. AND BE IT ENACTED, That the stockholders
of the said respective
companies shall be entitled to receive ten per centum per
annum, and no more, over and above all charges and deductions
whatsoever; and the president and managers of the said respective
companies shall keep a just and true account of all and every the
monies received by the several and respective collectors of tolls,
at the several and respective gates and turnpikes on the said roads,
from the beginning to the end thereof, which account shall be upon
oath, or affirmation, as the case may be, and shall make a dividend
if the clear profits and income thereof, not exceeding ten per centum
in the year, among all the stockholders of every description,
and shall, on the first Monday in May and November in every
year, publish the half yearly dividends made of the said clear profits
as aforesaid, and of the time and place when and where the
same will be paid, and shall cause the same to be paid accordingly. |
| Oxen, &c. Rate. |
21. AND BE IT ENACTED, That all such carriages
as aforesaid
to be drawn by oxen in the whole, or partly by horses and partly |
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