64

CORPORATIONS. [ART. 26.

finished; but when more than one mile of any turn-
pike or plank road shall be completed, it shall not be
necessary for the corporation to erect more gates than
it may deem convenient, and it shall be empowered to
collect al the gate or gates, which may be erected, tolls
to yield at the rate aforesaid for the number of miles of
said road or passenger railway which may be finished.

Revision of toll
rates.

109. 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 its road, and shall

Report of reve-
nue and expen-
ditures

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 re-

Rates of toll
chargeable.

duced to that standard. In all cases the rates of toll
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

To be recorded
in county com-
missioner's
office

and no more, and such writing shall be recorded in the
office of the county commissioners, and also in the
journal or book of proceedings of the corporation, 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.

Report to
comptroller

110. If a company shall be formed to make a turn-
pike or plank road through several of the counties of
the state, when the same may be finally completed, a
report, as hereinbefore mentioned, shall be made to the
comptroller, and by him laid before the governor, of

Duty of gov-
ernor.

the entire cost of said road; and the said governor shall
therefore appoint five commissioners to examine and
report to him, on the construction of said road, its

Cost of road.

adaptation to public uses, the whole cost thereof, and
the revenue and expenses of maintaining the same, so
far as ascertainable; and if said report shall be favora-
ble, the governor shall issue his warrant to said corpo-

Toll-gates.

ration, authorizing it to establish toll-gates, and speci-