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Session Laws, 1831
Volume 213, Page 386   View pdf image (33K)
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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

 


 
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Session Laws, 1831
Volume 213, Page 386   View pdf image (33K)
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