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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 2258   View pdf image (33K)
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  CHARLES GOLDSBOROUGH, ESQUIRE, GOVERNOR.

two of them; in Frederick city, in the county of Frederick, under
the direction of George Baer, John Brien, Richard Potts, Samuel
B. Leatherwood, and Benjamin Rutherwood, or any two of them; and
in the city of Baltimore, under the direction of William Lorman,
Upton Bruce, Alexander McDonald, Henry Payson, and Isaac
Burneston, or any two of them; in Shepherd's-town, in Virginia,
under the direction of John Baker, Thomas Van Swearingen,
James S. Lane, Henry Boteler, and Thomas Toole, or any two of
them; in Winchester, in Virginia, in the direction of Edward
McGuire, Alfred H. Powell, Obed Waite, William Davidson, and
Joseph Tidball, or any two of them; and in Martinsburgh, in Virginia,
under the direction of Elisha Boyd, Philip C. Pendleton,
John R. Cooke, Thomas C. Smith, and William Long, or any two
of them; for receiving and entering subscriptions to the amount of
one hundred thousand dollars, for the purpose of erecting a toll
bridge across the Potomac river opposite Shepherd's town aforesaid;
which sum shall be divided into two thousand shares of fifty dollars
each; every person at the time of subscribing shall pay to some
one of the commissioners five per cent. on the amount of his subscription,
and the said commissioners shall pay over what they have
respectively received to the president and directors herein after
mentioned, so soon as they may be appointed.

    1818.

CHAP. 73.

    2.  AND BE IT ENACTED, That the books aforesaid shall be opened
in the respective towns aforesaid, on the first Monday in June next,
provided the legislature of Virginia shall have previously assented
to the provisions of this act, at such particular houses in said towns
as the commissioners aforesaid, in the places aforesaid, may appoint
by public notice, which books shall be continued open for three
successive days and then be closed, and as soon as the books shall
be closed in the respective places aforesaid, the several commissioners
shall immediately send in to the commissioners aforesaid for
Shepherd's-town, the amount subscribed for, at the respective places
aforesaid, with a list of the subscribers; and if it shall appear
that fifty thousand dollars, or one thousand shares shall have been
subscribed for, or whenever that amount and number of shares shall
be subscribed for, the subscribers and stockholders, and that those
who may thereafter subscribe, shall be and are hereby made a body
politic and corporate, by the name and style of The Potomac and
Shepherd's-Town Bridge Company, and as such may sue and be
sued, implead and be impleaded, and shall have perpetual succession
as such.
When to be opened.
    3.  AND BE IT ENACTED, That if it shall appear to said commissioners
at Shepherd's-town, that the aforesaid sum of fifty thousand
dollars has been subscribed for, or whenever that sum shall be
subscribed for, then the said commissioners, or such of them as may
act, or a majority of such of them as may act, shall give public notice
for a meeting of the stockholders in Shepherd's-town, who
shall in person, or by proxy duly authorised, proceed to elect nine
directors, being citizens of Maryland or Virginia, to manage the
affairs of said company, until the next election herein after provided
for, who from their own body shall choose a president, and
shall appoint a treasurer, clerk, collector, and all other officers,
agents and servants, necessary to conduct the concerns of said
company, requiring of them to give such security for the faithful
When $50,000 are
subscribed, directors
to be elected,
&c.


 
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William Kilty et. al., (eds).The Laws of Maryland from the End of the Year 1799,...
Volume 192, Page 2258   View pdf image (33K)   << PREVIOUS  NEXT >>


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