CHARLES GOLDSBOROUGH, ESQUIRE, GOVERNOR.
whatsoever, to be by them made and used for the purpose of
introducing, raising, and distributing the said water, to hold to
them, their successors and grantees, as their sole and exclusive
property. |
1818.
CHAP. 167. |
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, cork, 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 the 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 for every such offence, a sum not exceeding twenty dollars,
to be recovered by such company, with costs of suit, by action of
debt, or action on the case, or by a warrant before any magistrate. |
Penalty for injuring
any parts of
works, &c. |
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
operations; 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. |
Not to enter into
negotiation on
bills or notes, nor
deal in exchange,
&c. |
14. AND BE IT ENACTED, That no subscriptions
for stock shall be
made by proxy, nor by any person resident out of the town of Williamsport,
who does not own a lot or lots in said town, on the day
that the books are first opened. |
No subscriptions
to be made by
proxy. |
15. AND BE IT ENACTED, That any individual
through whose
land water is intended to be brought for the purposes aforesaid, may
on the first day that the books aforesaid are opened, have the right
of subscribing for stock to the amount of fifty shares, or to the
whole or any part of the amount which he may be entitled to receive
as a compensation for the privileges granted to the said company,
any thing in this act contained to the contrary notwithstanding. |
Certain persons
authorised to subscribe
on first day. |
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