E. LOUIS LOWE, ESQUIRE, GOVERNOR.
431
shall be subject to the same restrictions specified
in the
ninth section.
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SEC. 13. And be it enacted,
That the said company
having perfected said road, and the same being
examined, approved and licensed in manner aforesaid,
it shall and may be lawful for them to appoint such
and so many toll-gatherers as they shall think proper to
collect and receive of, and from any person or persons
using said road, the tolls and rate per mile according to
the length of the road, as are charged and collected as
the tolls gates of the Baltimore and Frederick turnpike
road, to stop any person riding, leading or driving
any horses, mules, oxen, coaches, cart, wagon, wain
or sled, cattle, hogs, sheep, sulky, chair, chaise, phæton,
or other carriage of pleasure or burden, from passing
through the said gate or gates, until the toll for the said
passage shall have been paid; Provided, that no toll
gate shall be erected within one mile from the taxable
limits of Frederick city.
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Toll gatherers.
Proviso.
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SEC. 14. And be it enacted,
That the company hereby
incorporated shall have the power and remedy for
using the road, or refusal to pay toll, or fraud practised,
as are given by the act incorporating the Baltimore and
Frederick turnpike company, and shall be subject to the
same proceedings and penalty, in case the said road is
not kept in repair, as are provided in the act incorporating
said Baltimore and Frederick turnpike company.
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Power and
remedy for
using road.
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SEC. 15. And
be it enacted, That the president and
managers of said company, shall keep a fair and just
account of all monies received by them from the said
commissioners, and from the subscribers to the said undertaking,
an account of the several subscriptions, and
also all money expended by them in the prosecution of
their said work, and shall once at least in every year,
submit such account to a general meeting of the stockholders,
until the road shall be completed and until all
the costs, charges and expenses of effecting the same
shall be fully paid and discharged, and the aggregate
amount of such expenses shall be liquidated and ascertained;
and if upon such liquidation, or when the capital
stock shall be expended, it shall and may be lawful
for the president, managers and company to enlarge
the capital stock of said company to such an extent as
shall be deemed sufficient to accomplish the work and
receive subscriptions on the original terms as before
provided for, in the second, third and fourth sections
of this act.
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President to
keep account.
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SEC. 16. And be it enacted,
That all subscriptions
to stock made by any person or corporation, in the presence
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Subscriptions
valid.
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