A. W. BRADFORD, ESQUIRE, GOVERNOR.

by a majority of votes of said subscribers by ballot,
to be delivered in person or by proxy, duly au-
thorized managers from among the stockholders,
to conduct the business of said company until the
first Monday in April succeeding the organization
of the company, and until their successors shall be
chosen in the manner hereinafter provided, at all
elections each stockholder shall be entitled to one
vote for every share by held by said stockholder,
not exceeding thirty.

469

Sec. 4. And be it enacted, That the subscribers
for stock of said company shall be and they are
heieby incorporated and constituted a body politic
by the name of the Liberty and Pipe Creek Turn-
pike Road Company, and by the same name the
said stockholders, their successors and assigns,
shall have all the privileges and franchises of or
incident to a corporation, and shall be capable of
taking and holding the said capital stock and the
increase" and profits thereof, and of enlarging the
same by a new subscription on the original terms,
if necessary, to fulfil the intent of this act, and ot
purchasing and holding to them and to their suc-
cessors, in fee simple, or for any less estate, such
lands and estate, real or personal, as shall be ne-
cessary to them in the prosecution of their works,

Name and
style of compa-
ny

provided, said lands or real estates shall not ex-
ceed two acres in any one lot or parcel, for the use
ot the gate-keeper; and of suing and being sued,
answering and being answered in any court of law
or equity in this State , and the said company shall
have power to make a seal and alter and break the
same and renew it at their will and pleasure, and
to do all other acts necessary for the purposes for
which they were incorporated as fully as any other
corporation may do.

Proviso.

Sec. 5. And be it enacted, That the sums so sub-
scribed shall be paid to the Managers in such in-
stalments and at such times as they may direct by
giving one month's notice of the payments required
in one or more of the newspapers of the county.

Instalments

Sec 6. And be it enacted, That the stockholders
in said company shall, on the first Monday in No-
vember succeeding their organization, and on the
same day in each year succeeding, elect by ballot
aforesaid, for the ensuing year, five Managers as

Officers to be
elected.