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Session Laws, 1827 Session
Volume 474, Page 235   View pdf image (33K)
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JOSEPH KENT, ESQUIRE, GOVERNOR.

1827

the person or persons at whose request such inquisition shall
be taken by reason of opening the aforesaid road, through his,
her or their land; and the person so summoned and so quali-
fied, shall thereupon proceed to assess and value the damages
accordingly, of which the said president and managers, or some
of them, shall have given at least ten days notice., and such
inquisity shall be final and conclusive between the parties,
and in assessing the damages, the jury shall take into consi-
deration the conveniences and inconveniences, the advantages
and disadvantages, if any, arising to the proprietors of the land,
over which the said road may pass.

CHAP. 186

CHAPTER 187.

 

An act to incorporate the Elkton and Wilmington Rail Road

Company.

Passed March 14,
1828

SECTION 1. Be h enacted by the General Assembly of Mary-
land, That William Hollingsworth, Adam Whaen, James
Se wall, Alexander Scott, William Ricketts, Tobias Rudulph,
Samuel Hollingsworth, Joshua Richardson, John Gordon,
Joseph G. Rowland, Samuel Bailey, Franklin Betts, Henry
Latimer, James Canby, Alien McClain, janior, Benjamin
Watson and William Gibbons be, and they are hereby
appointed commissioners, under the direction of a majo-
rity of whom subscriptions may be received to the capital
stock of the Elkton and Wilmington Rail Road Com-
pany, hereby incorporated, and they, or a majority of them,
may cause books to be opened at such times and places as
they may direct, for the purpose of receiving subscriptions to
the capital stock of said company, after having given such
notice of the times and places of opening the same, as they
may deem proper, and that upon the first opening of said
books, they shall be kept open for at least five successive days,
and if at the expiration of that period such a subscription to
the capital stock of said company as is necessary to its incor-
poration shall not have been obtained, the said commissioners,
or a majority of them, may cause the said books to be opened
from time to time after the expiration of the said five days, un-
til the sum necessary to the incorporation of the company shall
be subscribed; and if any of the said commissioners shall die,
resign or refuse to act during the continuance of the duties

Commissioner to
open books and
receive subscrip-
tions

devolved upon them by this act, another may be appointed
in his stead by the remaining commissioners, or a majority of
them.

Vacancy

SEC. 2. And be it enacted, That the capital stock of the said
Elktoa and Wilmington Rail Road Company shall be two
hundred thousand dollars in shares of fifty dollars each/ of
which five hundred shares shall be reserved for subscription
by the United States, and five hundred for the state of Ma-
ryland, and twenty seven hundred for the state of Delaware,
for the space of twelve months after the passage of this act

Capital $200,000

Shares $50.

Shares reserved for
States and the U.
States



 
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Session Laws, 1827 Session
Volume 474, Page 235   View pdf image (33K)
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