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Session Laws, 1864
Volume 531, Page 152   View pdf image (33K)
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162

LAWS OF MARYLAND.

Not to ob-
struct private
or public roads

Sec. 14. And be it enacted, That whenever, in
the construction of said road, it shall be necessary
to cross or intersect any established road or way,
it shall be the duty of the President and Directors
of said company so to construct the said road across
such established road or way as not to impede the
passage or transportation of persons or property
along the same, and where it shall be necessary
to pass through the land of any individuals, 'it
shall also be their —— to provide for such indi-
vidual proper wagon ways across said road, and
where there —— or may be required ditches
through said lands, said owners shall have a right

Proviso.

to retain or construct such ditches; provided, that
no new ditch shall be so constructed as to injure
said road.

Rates for
transportation

Sec. 15. And be it enacted, That the said Board
of Directors, or a majority of them, may purchase
with the funds of said company and place on said
railroad all machines, wagons, engines, vehicles
or carriages whatsoever, for the purpose of trans-
portation on said road, and may charge for tolls
upon goods, produce, merchandise or property of
any kind transported by them along said railroad
the following rates, namely: on all goods, pro-
duce, merchandize or property of any description
whatever, not exceeding six cents a ton per mile,
except, lumber, bark and staves, on which the
charge shall not exceed four cents a ton per mile ;
on cord wood, not to exceed four cents a cord per
mile; on shingles, not to exceed three cents per
thousand per mile; and it shall not be lawful for
any person or persons to travel upon or use said
road, or to transport persons, merchandize, pro-
duce or other property along said road without the
license of said Board of Directors, or a majority of
them, and the said road, with all its works, im-
provements and profits, and all the machinery of
transportation used on said road, are hereby vested
in said company thus incorporated and their suc-
cessors forever; and the shares of the capital stock
of said company shall be deemed personal estate.

Dividends.

Sec. 16. And be it enacted, That the said Board
of Directors shall, once in each year or semi-annu-
ally, declare and make such dividend as they may
deem proper, of the net profits arising from the
resources of the said company, first deducting the



 
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Session Laws, 1864
Volume 531, Page 152   View pdf image (33K)
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