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WILLIAM PACA, Esq; Governor.
But if any of the coin aforesaid should hereafter be rendered less valuable
than
they are at present, either by lessening their weight, or therewith
adding a greater
quantity of alloy than is in them respectively at present, then so
much of any of
the said coins, the value of which is so reduced, to be received for
the tolls aforesaid,
as is equal in value to the said coins in their present state of fineness
and
weight, shall be payable for the said tolls at their reduced value
only. |
1784.
CHAP.
LXVI. |
III. And be
it enacted, That it shall and may be lawful for the said corporation
to make such bye-laws and ordinances, to compel the payment of the
said
tolls and duties so set and imposed, as the said corporation may think
right and
most effectual, and the said tolls and duties shall become a perpetual
revenue, for
the sole and exclusive benefit of the said corporation and their successors,
for ever. |
Corporation
may make
bye-laws,
&c. |
IV. And be it
enacted, That so much of the clause in the said act to which
this is a supplement, as empowers the said corporation to impose and
set such
tolls and duties on all boats, other vessels and rafts, which may pass
up or down
the said canal, not exceeding the sum of one shilling current money
per tun,
carpenters measure, be and it is hereby repealed. |
Part of an act
repealed. |
V. And be it
enacted, That it shall and may be lawful for each of the said
proprietors to transfer his shar or shares, part or parts of shares,
be deed executed
before, and attested by, two witnesses, which said deed shall be lodged
with the secretary of the said corporation within three months after
the date
thereof, otherwise it shall be void; and the secretary of the said
corporation shall,
and he is hereby directed, to enter the said deed among the records
of the said
corporation within twenty days after receiving the same, under the
penatly of ten
pounds current money, to be recovered in the same manner as teh subscription
money of the proprietors of the Susquehanna canal can be recovered
by the act
to which this is a supplement; and to ascertain the time of receiving
the said
deed, the said secretary is hereby directed to endorse the same on
the said deed,
under the penalty of one hundred pounds current money, to be recovered
as
aforesaid; and it shall not be lawful for any proprietor to make any
transfer of
his share or shares, part or parts thereof, otherwise, except it be
by devise, which
shall be exhibited to the said secretary, and registered by him among
the records
of the said corporation, within twenty days after receiving teh sme,
the time
of receiving the said exhibit to be endorsed by the said secretary
on the same, under
the penalty of one hundred pounds current money, to be recovered as aforesaid,
and the devise or devisees, before they shal be entitled to receive any
benefit
or advantage under the devise, shall exhibit the same to teh said secretary;
provided always, that no share or part thereof shall at any time be sold,
conveyed,
transferred, or held in trust, for the use and benefit, or in the name
of
anothr, whereby the said corporation, or any of the members thereof, shall
or
may be challenged or made to answer concerning any such trust, but that
every
person appearing as aforesaid to be a proprietor, shall, as to the others
of the said
company, be to every intent taken absolutely as such, but as between any
trustee
and teh person for whose benefit any trust shall be created, the commn
remedy
may be pursued. |
Shares may be
transferred,
&c. |
CHAP. LXVII.
An ACT to invest congress with certain powers respecting the
commerce of the United States. |
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WHEREAS the United States in congress assembled,
by their act of
the thirtieth day of April last, did recommend to the several states
to vest in the United States in congress assembled, for the term of
fifteen years, with power to prohibit any goods, wares or merchandise,
from being
imported into or exported from any of the states, in vessels belonging
to or
navigated by the subjects of any power with whom these states shall not
have
formed treaties of commerce; and this general assembly have thought proper
to
comply with the said recommendation. |
Preamble. |
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