68

CORPORATIONS. [ART. 26.

Power to con-
demn property.

In case of failure to agree, or of disability of the own-
ers to contract, or of their absence from the state, the
corporation may obtain the lands, earth and stone by
condemnation.

Report to
county com-
missioners

120. When a bridge located in one county shall be
completed, the president and directors of the corpora-
tion shall report in writing to the county commission-
ers of said county, under the oath or affirmation of the
president and a majority of the directors, and of the
treasurer of the company, the actual cost of construction

Duty of county
commission-
ers.

of said bridge; and the county commissioners shall ap-
point three persons to examine the same, and report
whether it has been constructed in such a substantial
and durable manner as is required to promote the pub-
lic convenience, and the report shall be reviewed, and
ratified or rejected by the county commissioners, who
may appoint other persons to report thereon, in their
discretion; and if it shall be finally determined by the
county commissioners, that the bridge is erected in a
proper manner, they may authorize the corporation to

Rates of toll. .
Dividend.

charge such rates of toll as may be sufficient to yield a
net dividend of eight per centum per annum to the
stockholders or members of said corporation, making
due allowance always for cost of necessary repairs and
reconstruction from accident or otherwise.

Revision of toll
rates.

121. The corporation shall revise the rates of toll
every six months for three years from the completion
of the bridge, and shall report at each period 'to the

Receipts and
expenditures.

county commissioners, the gross amounts of receipt and
expenditure, and the rates of toll shall be so re-adjusted,
if need be, as to yield not more than eight per centum
net dividend; and at any time thereafter the corpora-
tion shall, on demand of the county commissioners, re-
port the amounts of receipt and expenditure for any
period demanded, and the tolls shall be re-adjusted so
as to yield not more than said dividend. The rates of
toll to be charged shall be specified in writing by the
county commissioners.

Report to
comptroller.

122. If the bridge be erected over a stream divid-
ing two counties, or between this state and another