562 LAWS OF MARYLAND.

elected annually, and shall serve for one year or

until their successors shall be chosen.

SEC. 5. And be it enacted, That the stockholders

of said company are hereby created a body corpor-

Incorporated.

ate by the name of the Triadelphia Turnpike Com-

pany, and by that name shall have the privileges

and franchises of a corporation.

SEC. 6. And be it enacted, That the said company

shall have power to erect a toll-house and collect

tolls when three continuous miles of the said turnpike

shall be completed, and also to erect such other toll-

Powers.

gates as may be necessary, which shall not exceed

one gate to each three miles of said turnpike, and

the charges for toll shall not exceed the following

rates; one and one-half cent per mile for every

Rates of toll.

vehicle drawn by one animal; for any vehicle drawn

by two animals, three cents per mile, and for every

vehicle drawn by more than two animals, one and

one-half cents per mile for every additional animal ;

for every score of sheep, swine or neat cattle, five

cents per mile; for every horse and rider, and every

led or driven horse, one and one-half cents per mile.

SEC. 7. And be it enacted, That the directors of said

company shall have power to make such rules for

Powers

the management for said company as may be neces-

sary to enable them to exercise the powers which

other corporate bodies do, for the purposes men-

tioned iu this act, not inconsistent with the laws of

this State.

SEC. 8. And be it enacted, That after the completion

of two miles of the said turnpike in Howard county,

Authorized to

and two miles in Montgomery county, with bona fide

Issue bonds.

subscriptions to build three more miles, making

seven miles in all, the County Commissioners of

Howard and Montgomery counties, are hereby au-

thorized and empowered in their discretion to issue

their bonds of their respective counties, payable

twenty years from date, in favor of said company,

which respective amounts shall be spent on that part

of the route, lying in the county which issues the

bonds for a certain principal sum, the annual interest

of which shall be equal to the average annual ex-

penditure during the past ten years for the repair of