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ROBERT BOWIE, ESQUIRE, GOVERNOR.
thousand dollars at Frederick-town, under the direction of John
McPherson, Henry Khun, Francis Mantz, George Baer, junior,
and John Schley; for twenty thousand dollars at Elizabeth-town,
under the direction of Nathaniel Rochester, John T. Mason, Charles
Carroll, Teach Ringgold and Frisby Tilghman, who are hereby
appointed commissioners for the purposes aforesaid, who shall, on
or before the first day of May next, procure books, and in each
enter as follows, to wit: " We, whose names are hereunto subscribed,
do promise to pay to the president, managers and company, of
the Washington turnpike company, the sum of twenty dollars for
every share of stock in the said company set opposite to our respective
names. Witness our hands, this _____ day of _____, eighteen
hundred and _____," and shall give notice, in three of the public
papers in the District of Columbia, in an English and German
newspaper in Frederick-town and Elizabeth-town, for one month
at least, of the time when, and places where, the said books will
be open to receive subscriptions of stock for the said company, at
which times and places at least two of the said respective commissioners
shall attend, and shall permit and suffer all persons who
shall offer to subscribe in person, or by attorney duly authorised,
in the said books, which shall be kept open for that purpose at least
four hours every day, Sundays excepted, for the space of three
days, if three days shall be necessary; Provided nevertheless, that
the said commissioners shall not permit any one person or company
to subscribe for more than twenty-five shares during the first
day on which the said books shall be opened, in the said company,
nor more than fifty shares on the second day on which the said
books shall be opened; and if, at the expiration of the said three
first days, the said books shall not have, for the said road, the full
number subscribed., the said commissioners may adjourn from time
to time until the number of shares shall be respectively subscribed,
of which adjournment public notice shall be given in the papers
aforesaid; and when the said subscriptions in the said books shall
amount to the said respective numbers aforesaid, the same shall be
closed; Provided always, that every person offering to subscribe
in
the said books in his own name, or in the name of any other person,
shall, upon subscribing, pay to the attending commissioners
one dollar for every share to be subscribed, out of which shall be
defrayed the expense attending the taking such subscriptions, and
other incidental charges, and the remainder shall be deposited in
one or both of the banks in the county of Washington, District of
Columbia, for the use of the company aforesaid, as soon as the
same shall be organized, and the officers chosen, as herein after
mentioned. |
1805.
CHAP. 79.
Provisos. |
3. AND BE IT ENACTED, That when two thousand
five hundred (a)
shares or more of the said stock in the said company shall have
been subscribed, the said commissioners heretofore named shall, as
soon as conveniently may be, give thirty days notice in the papers
aforesaid of the time and place by them appointed for the subscribers
to meet, in order to organize the said corporation, and to
choose by a majority of votes of the said subscribers, by ballot, to
be delivered in person, or by proxy duly authorised, a president,
eight managers, a treasurer, and such other officers as shall be
(a) By 1817, ch. 97, s. 36, the
company to be organized so soon as 1500 shares
are subscribed. |
Subscribers to
meet to choose
officers, &c. |
