|
EDWARD LLOYD, ESQUIRE, GOVERNOR.
19. 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 said company, 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 tolls collected and received on the
said road for and during the twelve months preceding, and whenever
the tolls shall, during two following years, exceed ten ten per centum,
free of all charges on the institution, the said court shall, at
their discretion, hold the excess this 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 said road to ten per centum per annum; and
the said court may, in their discretion, on the representation of the
aforesaid company, revise the tolls herein established, so as to render
them in their operation more favourable to the commerce and
the industry of the citizens. |
NOV. 1809.
CHAP. 128.
Treasurer of western
shore constituted
a court of
inspection, &c. |
20. AND BE IT ENACTED, That the stockholders
of the present
company 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 said company 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 road, from the beginning to the
end 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 May and November 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. |
Stockholders entitled
to ten per
cent. |
21. 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. |
22. AND BE IT ENACTED, That if the said company,
after the
said road is completed as aforesaid, shall neglect to keep the said
road in good and perfect order for the space of fifteen days, and
information shall be given to any justice of the peace of the neighbourhood,
within the county where the repair ought to be made,
such justice shall issue a precept, to be directed to any constable.
commanding him to summon three disinterested persons, to be
named by the said justice in the said precept, to meet at a certain
time in the said precept to be mentioned, at the place in the said
road which shall be complained of, of which meeting notice shall
be given to the keeper of the gate or turnpike nearest thereto; and
the said justice shall, at such time and place, on the oaths or affirmations
of the said persons, inquire whether the said road, or any
part thereof, is in such good and perfect order and repair as aforesaid,
and shall cause an inquisition to be made and certified, under
the hands of himself and a majority of the said persons, and if |
Manner of proceeding
against
company when
road is out of repair,
&c. |
|
 |
