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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 348   View tiff image (57K)
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348

LAWS OF MARYLAND.

 

his, or her assigns, shall, in the discretion of the said
president and directors, either forfeit to the company
every such share, on which any installment may re-
main due and unpaid as aforesaid, to be sold by the
said president and directors, for the best price that
can be obtained therefor, for the benefit of said com-
pany, or shall be liable to be sued for the same, and
the amount thereof with legal interest thereon, shall
and may be recovered by the said president and di-
rectors from such stockholders, or his or her as-
signees, in such manner as debts of similar amounts
are recoverable.

Accounts.

SEC. 9. And be it enacted, That the president and di-
rectors of the said company, shall keep fair and just
accounts of all moneys received by them, and of the
amount of the profits or shares that may be forfeited,
and also of all money by them expended in the pros-
ecution of the said work, and shall, at least once in
every year, submit such accounts to a general meet-
ing of the stockholders..

Construction.

SEC. 10. And be it enacted, That the said bridge
and causeways shall be built in the most secure and
substantial manner, and shall not be lees than twelve
feet wide with railing on each side, with a draw in
said bridge, so as to afford a convenient passage to
vessels up and down the creek, of at least thirty feet
wide, with wings on each side; the draw shall at all
times be ran off on the approach of vessels, so as
not to delay or interrupt their passage.

In considera-
tion.

SEC. 11. And be it enacted, That for and in consid-
eration of the great risk and expense to be incurred
by said company, not only for building the said
bridge but for keeping the same in continual repair,
the said bridge when built and completed according
to the directions of this act, and all its profits shall

Vested forev'r

be and the same are hereby vested in said company
forever, to be held as tenants in common in propor-
tion to their respective shares, and it shall and may
be lawful for said president and directors, at all times
hereafter, to demand and receive such tolls as they
may deem proper and right, but not to exceed the

Rates of toll.

following rates; for every foot passenger, five cents;
for every horse and rider, ten cents; for every cart



 
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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 348   View tiff image (57K)
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