GEORGE HOWARD, ESQ. GOVERNOR.
|
1831
|
Sec. 13. And be it enacted, That if the capital stock of
|
CHAP. 296.
|
the said company shall be deemed insufficient for the pur-
|
 
|
poses of this act, it shall, and may be lawful for the presi-
|
Capital may be en-
larged
|
dent and directors of said company, or a majority of them,
|
 
|
from time to time, to increase the said capital stock, by the
|
 
|
addition of as many shares, not exceeding four millions of
|
 
|
dollars, as they may deem necessary, for which they may at
|
 
|
their option cause subscriptions to be received in the man-
|
 
|
ner prescribed by them, or may sell the same for the benefit
|
 
|
of the company, for any sum not under their par value.
|
 
|
Sec. 14. And be it enacted, That the president and di-
|
Authority' to con-
|
rectors of said company shall be, and they are hereby in-
|
struct road.
|
vested with all the rights and powers necessary for the
|
 
|
construction and repair of a Rail Road, from some point at
|
 
|
the Delaware and Maryland line, to be by them determin-
|
Description.
|
ed, to Port Deposit, or any other point on the Susquehanna
|
Direction.
|
river, not exceeding one hundred feet wide, with as many
|
 
|
sets of tracks as the said president and directors may deem
|
 
|
necessary, and they may cause to be made, or contract wilh
|
 
|
others for making said rail road or any part of it; and they,
|
 
|
their agents, or those with whom they may contract for
|
Make contract*.
|
making any part of the same, or their agents, may enter up-
|
 
|
on and use, and excavate any land which may be wanted for
|
 
|
the site of said road, or the erection of warehouses, or for
|
 
|
other works necessary to said load, or for any other pur-
|
 
|
pose necessary or useful in the construction or repair of
|
 
|
said road or its works, and that they may build bridges, may
|
Build bridges, Scc«
|
fix scales and weights, may lay rails may take and use any
|
 
|
earth, timber, gravel, stone or other materials which may
|
 
|
be wanted for the construction, or repair of any part of said
|
 
|
road, or any of its works, and may construct all works
|
 
|
whatsoever, which may be necessary and expedient in or-
|
 
|
der to the proper completion of said road.
|
 
|
Sec. 15. And be it enacted, That the president and direc-
|
May agree for land
|
tors of said company, or a majority of them, or any person
|
or materials.
|
or persons authorised by a majority of them, may agree with
|
 
|
the owner or owners of any land, earth, timber, gravel, or
|
 
|
stone, or other materials, or any improvements, other than
|
 
|
warehouses and quarries, which may be deemed wanted for
|
 
|
the construction or repair of any of said roads, or any of
|
 
|
their works, for the purchase, or use, or occupation, of the
|
 
|
same; and if they cannot agree, or if the owner or owners
|
Cate of disagree-
|
of any of them be feme covert, underage, non compos mentis,
|
ment.
|
or out of the county in which the property wanted may He,
|
 
|
when such land and material may be wanted, application
|
 
|
may be made to any justice of the peace of such county,
|
 
|
who shall thereupon issue his warrant, under hand and seal,
|
 
|
50
|
 
|