1828

LAWS OF MARYLAND.

CHAP. 47.

Passed Feb 13, 1829

CHAP. XLVII.

An Act Incorporating a Company to erect a Toll-Bridge
across the Potomac River, at some eligible point be-
tween Noland's Ferry, and the mouth of Goose Creek.

Books to be open-
ed

Sec. 1. Be it enacted by the General Assembly of Ma-
ryland, That it shall and may be lawful for Charles Binns,
senior, Richard H. Henderson, John Rose, Samuel M.
Edwards and William Ellzey, or a majority of them, to
open books at such times and places in Maryland, Virginia,
and the District of Columbia, as they shall think fit, and
under the management of such person or persons as they
shall appoint for receiving subscriptions to such amount,
not exceeding thirty thousand dollars, in shares of twenty
dollars each, as they may deem sufficient for the erection of
a toll-bridge across the Potomac river, at some eligible
point between Noland's Ferry and Goose Creek, te be se-
lected by the president and directors hereinafter provided

Payments, how to

be made

for, or a majority of them.
Sec. 2. And be it enacted, That the sum subscribed as
aforesaid, shall be paid in the manner following, viz. Eve-
ry subscriber, at the time of subscribing, shall pay one dol-
lar for each share by him subscribed, to the person or per-
sons appointed by this act, or by virtue of this, to take
subscriptions, and the remaining nineteen dollars shall be
paid to the president and managers of the company incor-
porated by this act, in such proportions, and at such times,

Proviso

as they shall from time to time require: Provided, that the
said president and managers shall first give thirty days
notice in such newspapers as to them shall seem fit, of the
time of payment of each subsequent instalment; and that
the said subscribers shall not be required to pay more than
two dollars for any one instalment; and if any subscriber
shall fail to make any of the future payments so required,
his share or shares, after ten days notice, shall be sold at
public auction by the president and managers, and convey-
ed to the purchaser; and if the amount of sales shall exceed
the sum or sums required, after deducting the expense of
the sale, the surplus shall be paid over to the original sub-
scriber, his heirs, assigns, or lawful attorney; and if any
purchaser or purchasers of any shari or shares sold as afore-
said, shall neglect to pay any instalment becoming due on
said share, the said share or shares of any such purchaser
or purchasers, shall be liable to be sold as the share or shares
of an original subscriber, upon giving notice as aforesaid,
and the surplus, it any, shall be paid over to the said pur-
chaser, his heirs, assigns, or lawful attorney.

Votes

Sec. 3. And be it enacted, That every subscriber or
holder of a share or shares, shall be entitled to vote by him-
self, his agent or proxy, appointed under his hand, and ac-
knowledged before two witnesses, at all elections in virtue