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Session Laws, 1864
Volume 531, Page 474   View pdf image (33K)
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474

LAWS OF MARYLAND.

once at least, in every year, submit suchl account
to a general meeting of the stockholders until the
said road shall be completed, and until all the
costs, charges and expenses of effecting the same
shall be fifty paid and discharged, and the aggre-
gate amount of such expenses shall be liquidated
and ascertained; and if upon such liquidation, of
when the capital stock shall be expended, it shall
and may be lawful for the President, Managers
and company, to such an extent as shall be
deemed sufficient to accomplish the work, to en-
large the capital stock of said company, and re-
ceive subscriptions on the original terms, as before
provided for in the second, third and fourth sec-
tions of this act.

Must keep to
the right.

Sec. 16. And be it enacted, That all wagoners
and drivers of carriages of all kinds, whether of
burden or pleasure, using the said road shall,
except when passing by a carriage of slower
draught, keep their horses and carriages to the
right hand of said road in the passing direction,
leaving the other side of the road free and clearfor
other carriages to pass and repass, and if any
driver shall offend against this provision he shall
forfeit and pay not exceeding ten dollars to any
one woo shall be obstructed in hie passage, and
will warrant lor the same, to be recovered with
costs before any Justice of the Peace in the same
manner as debts under ten dollars are recoverable;
and all fines and forfeitures imposed by this act,
not exceeding hirty dollars, shall be recoverable
before any Magistrate in the same manner as debts
under ten dollars are recoverable.

Dividends.

Sec. 17. And be it enacted, That the President
and Managers of said company shall keep a just
and full account of all moneys received by their
respective toll gatherers at their several respective
gates oa said road, wnich account shall be upon
oath or affirmation, as the case may be, when re-
quired, and shall make a dividend of the clear
profits and income thereof, not exceeding ten per
cent, among the stockholders, which dividend shall
be declared half yearly in the months of January
and July, and published and paid accordingly.

Not charge-
able with toll.

Sec. 18. And be it enacted, That it shall not be
lawful for said company to ask, demand, or receive



 
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Session Laws, 1864
Volume 531, Page 474   View pdf image (33K)
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