922 ARTICLE 23

An. Code, 1924, sec. 317. 1912, sec. 385. 1904, sec. 346. 1888, sec. 236. 1868, ch. 471,

sec. 109.

315. The corporation of any such turnpike or plank road, shall revise
its rates of toll every six months for three years, from the completion of the
road, and shall report the amounts of its revenue and expenditures at any
time when demanded by the county commissioners; and if the receipts
shall be found at any time to amount to more than is necessary to yield
eight per centum per annum, net, to the stockholders, the tolls shall be
reduced to this standard. In all cases, the rates of tolls chargeable shall be
specified and approved in writing by the county commissioners, and shall
be, as nearly as may be, such rates as will yield the said dividend and no
more; and such writing shall be recorded in the office of the county com-
missioners, and also in the journal or book of proceedings of the corpora-
tion, and copies thereof shall be printed and exposed to public inspection at
every toll-gate; and such writing, or a copy thereof, shall be conclusive
evidence of the right of the company to charge tolls and of the amounts
thereof.

An. Code, 1924, sec. 318. 1912, sec. 386. 1904, sec. 347. 1892, ch. 188, sec. 236A.

316. All turnpike or plank road companies in this State are hereby
authorized and empowered to charge and collect such rates of toll for trac-
tion engines, steam engines and all vehicles attached thereto, which shall
be hauled or propelled upon the roads and through the toll-gates of such
companies, as shall be fixed by said companies in accordance with the provi-
sions of sub-title turnpike, plank road and passenger railway companies,
and this section shall apply as well to all turnpike and plank road com-
panies incorporated under special acts of the general assembly of Mary-
land, as to those incorporated under the provisions of this article.

An. Code, 1924, sec. 319. 1912, sec. 387. 1904, sec. 348. 1888, sec. 237. 1868, ch. 471,

sec. 110.

317. If a company shall be formed to make a turnpike or plank road
through several of the counties of the State, when the same shall be finally
completed, a report as mentioned in section 314 shall be made to the comp-
troller, and by him laid before the governor, of the entire cost of said road;
and the governor shall thereupon appoint five commissioners to examine
and report to him, on the construction of said road, its adaptation to public
uses, the whole cost thereof, and the revenue and expenses of maintaining
the same, as far as ascertainable; and if said report shall be favorable, the
governor shall issue his warrant to said corporation, authorizing it to estab-
lish toll-gates, and specifying the rates of toll which may be charged by said
corporation, so that a dividend of eight per centum net, may be made to the
stockholders, and the warrant of the governor shall be final in the premises;
and the company shall report annually to the comptroller, who shall lay
the same before the governor, who may order a change of location of gates,
and of the amount of tolls to be charged, and issue his warrant accordingly,
whenever he may deem the same necessary to effectuate the intent of these
provisions.

An. Code, 1924, sec. 320. 1912, sec. 388. 1904, sec. 349. 1888, sec. 238. 1868, ch. 471,

sec. 111.

318. When such corporation shall desire to locate its road within the
limits of or through any incorporated town or city, it shall obtain the con-