| 1817.
CHAP. 200.
If whole amount
is not subscribed,
subscription may
be re-opened. |
LAWS OF MARYLAND.
8. AND BE IT ENACTED, That if the whole amount
of stock herein
authorised to be subscribed for shall not be taken at the time of
closing the subscriptions by the commissioners, as herein before
provided for, the president and directors may, whenever and as
often as they think proper, open the subscription, on twenty days
notice in the newspapers of Baltimore, Annapolis and Washington,
for the purpose of taking additional subscriptions for such portion,
or the whole of the unsubscribed stock, as they may think necessary
for the objects to be effected by the corporation. |
Payments how to
be made. |
9. AND BE IT ENACTED, That the president and
directors to be
appointed as aforesaid, shall have power from time to time to demand
payment of the residue of the money due on each share of
said stock, provided that not more than five dollars on each share
be demanded at any one time, and that sixty days previous notice
thereof be given in the newspapers of Baltimore, Annapolis and
Washington, and on failure to pay the same within thirty days after
it becomes due, the sum already paid in shall be forfeited. |
Canal to be made.
—Damages. |
10. AND BE IT ENACTED, That the said president
and directors
be and they are hereby authorised and empowered, to cut, dig, and
make a canal, from such point on the Severn River as may be
deemed most advantageous, and the said canal to connect with the
navigable water of Curtis's Creek, or other more convenient tide
water of the Patapsco; and to cut, dig and make a canal, from
such point on the Severn River as may be determined on, and the
same to connect with the Eastern Branch of Potomac, and to divert
from their usual course the whole or any part of the waters of
said rivers, and any other river, creek or stream, which they may
think suitable for the purpose, on the said president and directors
first obtaining the consent of all persons having any right or interest
in the same, and also the consent of the owners of the land
through which such canal shall pass, or if such consent cannot be
had, and it be necessary that the said canal should pass through the
lands of any person refusing his consent as aforesaid, then the
damages to be paid by the company aforesaid shall be assessed by
a jury to be summoned and empannelled by the sheriff of the
county in which the canal, stream, or other water, is situate as
aforesaid; and upon application to the sheriff of said county by the
president and directors aforesaid, it shall be his duty to summon a
jury of twelve persons, qualified as jurors of the county court,
giving them, and also the owners of the land, stream or water to
be assessed, at least eight days previous notice of the time and
place of the jury being empannelled; and upon the president and
directors paying to the owner of the land, stream or water, the
sum so awarded by the jury aforesaid, they shall have power to
cut, dig, and make the canal as aforesaid, through such land,
stream or water, in the same manner as if the consent of the owner
had been given thereto; and the said president and directors shall
have full power and authority to make and dig such canal along,
under, and across any public highway, for the purpose of conducting
and conveying said water, and for such purpose to dig, break
up and open, at their own expense, all or any part of such highways,
leaving at all times a sufficient passage way for carriages,
horses and foot passengers, and restoring forthwith all such high
ways to a good, perfect, and easy passage for horses, carriages and |
|
 |
