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Session Laws, 1888 Session
Volume 481, Page 358   View pdf image (33K)
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358

LAWS OF MARYLAND.

SEC. 2. And be it further enacted, That the
said commissioners shall have full power and

Power and
authority.

authority to contract for and cause to be erected
the bridge aforementioned, and are hereby au-
thorized to select the site for said bridge form-
erly located by the Potomac Bridge Company,
and by it used for that purpose ; and they, or a
majority of them, shall have full power and au-
thority to appoint such engineers, superintend-
ents, and other officers, as they shall think ne-
cessary to construct said bridge, and to contract
for materials, and all such other articles as may
be needed, and to enter into all engagements and
contracts necessary to erect said bridge, and
they, or a majority of them, are hereby author-
ized to draw upon the treasurer of said company
for all money to pay the wages of persons by
them employed, for the materials and labor done,
and for all the costs and expenses attending the
erection of said bridge.
SEC. 3. And be it further enacted, That every
person, at the time of subscribing, shall first pay

Pay on sub-
scribing.

the attending commissioner, or commissioners,
ten dollars of every share by him or her sub-
scribed for, out of which shall be defrayed the
expenses f or taking such subscriptions and other
incidental charges ; and the remaindershall.be
paid over to the treasurer of the company after
the. same shall be organized and the officers
chosen, as hereinafter mentioned.
SEC. 4. And be it further enacted, That the

Powers con-
tinue.

power and authority of said commissioners, or a
majority of them, to contract for and erect said
bridge, shall continue until the same is com-
pleted, and that all contracts and engagements
entered into by them in the name of said com-
pany, as set forth in the second section of this
act, shall be valid and in force until said bridge
is fully erected.
SEC. 5. And be it further enacted, That as soon

Meeting ol
stockholders.

as said shares shall be subscribed, the said com-
f missioners, or a majority of them, shall call a
meeting of the stockholders, by such notice as
they may deem advisable, at the main office in
Frederick city, .Maryland, who shall proceed in
person or by proxy to the election, by ballot, of
seven directors, who shall continue in office one



 
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Session Laws, 1888 Session
Volume 481, Page 358   View pdf image (33K)
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