1828

LAWS OF MARYLAND.

CHAP. 6.
Bridge, and Cul-

verts

Sec. 20. And be it enacted, That whenever in the con-
struction of said canal it shall be necessary to cross any es-
tablished road or way, it shall be the duty of the president
and directors of said company to construct the necessary
bridges and culverts across said road or way, so as not to im-
pede the passage or transportation of persons or property
along the same, and the same to keep in good repair; and
when it shall be necessary to pass through the land of any
person or persons, it shall also be their duty to provide for
such person or persons proper bridges or culverts from one
part of his, her or their land, to the other.

CHAP. VII.

Passed Jan 21,1829

An Act to incorporate the Baltimore Screw Dock Com--
pany.

Stockholder. in-
corporated

Sec. 1. Be it enacted by the General Assembly of Ma-
ryland, That Luke Tiernan, R. H. Osgood, Justus Hoppe,
Joshua Mezick, Matthew Kelly, S. W. Staples and W. H.
Conkling, of the city of Baltimore, and their associates, and
such other persons as shall hereafter become stockholders in
the corporation hereinafter mentioned, shall be, and they
are hereby created and declared to be, a body politic and corpo-
rate, by the name, style and title, of The Baltimore Screw Dock
Company, and by that name shall have perpetual succession,
and may sue and be sued, implead and be impleaded, in all
courts of law and equity, and may make and have a com-
mon seal, and the same break, alter or renew, at their plea-
sure; and the purpose, objects and business, and powers and
privileges of the said corporation shall be, and are hereby
declared to be, the erecting, having and using, and employ-
ing one or more screw docks in the city of Baltimore, for
the purpose of elevating vessels for repairs or otherwise, and
the having and holding all such real and personal property
and estate, and performing all such acts as shall be found by
said corporation necessary and useful for the objects and pur-
poses aforesaid of the said corporation.

Capital stock

Sec. 2. And be it enacted, That the capital stock of said
corporation shall not exceed the sum of seventy-five thou-
sand dollars, and shall be divided into shares of one hun-
dred dollars each, which shall be paid to the corporation in
three equal instalments, in two, and four, and six months
respectively, and be secured to be paid by promissory notes,
with endorser or endorsers, surety or sureties, to the satis-
faction of the president and directors of the corporation; and
if the said promissory notes, or any of them, or any of the
portions or instalments payable for any share or shares of
stock to the corporation, shall not be paid when due and pay-
able, it shall and may be lawful for the president and direc-