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ROBERT BOWIE, ESQUIRE, GOVERNOR.
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
to the public good; Provided nevertheless, that such regulations
shall not lessen the burthens of carriages above described. |
1804.
CHAP. 51.
Provisos. |
23. 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 respective companies, once every
year, (and oftener 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 the tolls collected and received on
their respective roads 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
court,
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, to lower the tolls, or any of them, so as to
bring the aggregate on the roads respectively to ten per centum per
annum; and the said court may, in their discretion, on the representation
of the aforesaid companies, revise the tolls herein established,
so as to render them in their operation more favourable to
commerce and the industry of the citizen. |
Treasurer of W.
S. appointed a
court of inspection. |
24. AND BE IT ENACTED, That the stockholders
of the present
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 respective companies shall
keep a just and true account of all and every the monies received by
their several and respective collectors of tolls at the several and respective
gates and turnpikes on the said roads, from the beginnings
to the ends thereof, which account shall be upon oath, or affirmation,
as the case may be, and shall make a dividend of the clear profits and
income thereof, not exceeding ten per centum in any year, among
all the stockholders of every description, and shall, on the first
Monday in November, (a) and May (a) in every year publish
the half
yearly dividend 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.
(a) By the act of 1817, ch. 8,
the dividends are to be declared in January and
July yearly. |
Stockholders not
entitled to receive
more than ten per
cent. |
25. AND BE IT ENACTED, That all such carriages
as aforesaid
to be drawn by oxen in the whole, or partly by horses and partly
by oxen, two oxen shall be estimated as equal to one horse in
charging all the aforesaid tolls, and every mule as equal to one
horse. |
Two oxen estimated
as equal to one
horse. |
26. AND BE IT ENACTED, That if the said companies,
after any
of the said roads are completed aforesaid, shall neglect to keep
the said roads in good and perfect order for the space of fifteen |
Penalty for not
keeping roads in
repair. |
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