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Session Laws, 1878
Volume 399, Page 217   View pdf image (33K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 217

company, or to the use of the material required and


a fee simple interest in such lands as may be con-


demned for the erection of wharves thereon ; pro-


vided no wharf already in existence shall be the


subject of inquisition, and provided all costs of such

Provided all

condemnation shall be defrayed by said company,

costs.

except the costs of such witnesses as may be sum-


moned by the owners, and except the cost of con-


firming said inquisition in said Circuit Court when


the same shall be contested by the owner or owners,


guardian or committee, in which case such costs of


confirmation shall abide the decision of the court.


SEC. 13. And be it enacted, That the channel or


canal and harbor made under the provisions of this


act, shall be deemed and is hereby declared a public

Public high-

highway, subject to the impositions of tolls or

way.

charges to be hereafter regulated by this act.


SEC. 14. And be it enacted, That said company


may and shall be authorized to charge and levy on

To charge

every steamer, schooner or other kind of vessel or

and levy.

craft above twenty tons burthen, crossing the bar off


against said Secretary creek, or entering the canal,


channel or harbor aforesaid, toll or port dues not ex-


ceeding five cents per ton, which charge shall be a


lien upon such steamer, schooner or other kind of


vessel or craft, and enforced summarily by distress

Enforced

or recovered as other debts against the owner or

summarily.

owners before any justice of the peace or any Cir-


cuit Court of the State that may have jurisdiction


of the amount claimed in addition to other legal


remedies.


SEC. 15. And be it enacted, That the said presi-


dent and directors shall annually or semi-annually


declare and make such dividends as they may deem

Make divi-

proper of the net profits arising from the resources

dends

of said company, after deducting the necessary cur-

Deduct ex-

rent and probable contingent expenses, and they

penses.

shall divide the same amongst the stockholders of


s'aid company in proportion to their respective shares.


SEC. 16. And be it enacted, That nothing in this


act shall be construed to authorize said company to

Not author-
ized to issue

issue any note, token or script to be used as cur-

currency.

rency, and the legislature hereby reserves the right


to amend or repeal this act at pleasure.




 

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Session Laws, 1878
Volume 399, Page 217   View pdf image (33K)
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