622
LAWS OF MARYLAND.
Dividends.
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SEC. 17. And be it enacted,
That the said president
and directors shall, annually or semi-annually, declare
and make such dividends as they may deem proper, of
the net profits arising from the resources of the company,
after deducting the necessary current and probable contingent
expenses, and that they shall divide the same
among the stockholders of said company, in proportion
to their respective shares.
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Forfeiture for
injuring road.
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SEC. 18. And be it enacted,
That if any person or
persons shall wilfully, by any means whatsoever, injure,
impair or destroy any part of any rail road constructed
by said company under this act or any of the necessary
works, buildings, carriages, vehicles or machinery of
said company, such person or persons so offending shall
each of them for every such offence forfeit and pay to
the said company the actual damages sustained, which
may be recovered in the name of the said company by
an action of debt before any justice of the peace or in
the circuit court for the county where such offences
may be committed, and upon conviction of such offence
shall be punished by fine and imprisonment in
the discretion of the court.
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When to be
commenced
and finished.
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SEC. 19. And be it enacted,
That if this road shall
not be commenced in two years from the passage of
this act, and shall not be finished in ten years from the
time of its commencement, then this act shall be null
and void.
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Banking forbid.
Reservation.
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SEC. 20. And be it enacted,
That nothing in this
act shall be so construed, as to authorise the said company
to issue any note, token, scrip, or other evidence
of debt to be used as currency; and the Legislature
hereby reserves the right to alter, amend or repeal this
act at pleasure.
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