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Session Laws, 1828, 1829
Volume 540, Page 54   View pdf image (33K)
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DANIEL MARTIN, ESQUIRE, GOVERNOR.

1828

of this act, and shall have as many votes as he has shares,
as far as ten shares, and one vote for every five shares there-
after, but such agent or proxy shall be a member of the
company.

CHAP. 47:

Sec. 4. And be it enacted, That so soon as the subscrip-
tion shall be closed, the commissioners before named to take
subscriptions, or such of them as shall act, shall certify un-
der their hands the names of the subscribers, and the num-
ber of shares subscribed by each person, to the clerk of the
court of Montgomery county, in this state, and the clerk
of Loudon county, in the state of Virginia, and thereupon
the said subscribers, their heirs or assigns, shall be and are
hereby created a body politic and corporate, by the name
and style of The Leesburg Bridge Company, and by that
name, and under that style, the said company shall have
succession, and shall be authorised to sue and be sued, plead
and be impleaded, answer and be answered, defend and be
defended, both at law and in equity; also fix upon, make,
have and use, a common seal, and the same to change, al-
ter and renew, at pleasure; and generally to do and exe-
cute all matters, acts and things, which a corporation or
body politic may or can lawfully do and execute.

Incotporation.

Sec. 5. And be it enacted, That so soon as six hundred
shares shall have been subscribed, the commissioners afore-
said, or any three of them, shall by public advertisement in
one or more newspapers printed in Leesburg, Frederick-
town, Rockville, and Washington city, twenty days previ-
ous to the day of meeting, call a general meeting of the
subscribers, at such time and place as they shall think pro-
per; and the subscribers, or their proxies, assembled in con-
the subscribers or holders of shares, six persons as mana-
gers, to conduct the business of the company for one year
thereafter, and until the next general meeting of the com-
pany, or an election shall be made; and the said, six person!
having a plurality of votes, shall be elected, and shall forth
with, from among their own number, choose a president
the said president and managers shall have power to fill any
vacancy which occurs in their own body; to appoint a clerk
and treasurer from among the stockholders; to require from
the treasurer bond, with security as they may deem suffi-
cient, for the faithful discharge of the duties of his office
which bond shall be made payable to the president and ma
nagers for the time being, and their successors; and even
person elected as aforesaid shall, previously to his entering
upon the duties of his office, take an oath, or affirmation, be
fore a justice of the peace, faithfully to discharge the duties
attached to his office; a certificate of which oath, or affirma-
tion, shall by the board of managers be filed among the pa-
pers belonging to the company: and the said president and

General meeting

Managers, Presi-

dent



 
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Session Laws, 1828, 1829
Volume 540, Page 54   View pdf image (33K)
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