JAMES THOMAS, ESQUIRE, GOVERNOR.

1834.

and the said presided and directors shall annually at the
general meeting of the stockholders, held on the first Mon-
day of July, and oftener, if thereto required by a majority in
interest of the stockholder, present to the stockholders a

CHAP. 144.

full report of all their transactions and of the state of the af-
fairs of the company, and they shall cause public notice of
at least ten days to be given of all general meetings of the

Report

company, and every president and director of said company,
before he acts as such, shall swear or affirm, as the Case
may be that he will well and truly discharge the duties of
his said office, to the best of his skill and judgment and

Oath office

whereas, it is represented to the General Assembly, that the
said Casper W. Wever is willing to convey to the said
company, the land and water power herein before mention-
ed, or such part thereof as may be desired by said company,
and to receive in payment therefor, stock of said company,
at the par value thereof, whereby the purposes of tins incor-
poration may be greatly facilitated, be it therefore enacted,

Preamble

that the said Casper W. Wever, shall have the privilege
and option of subscribing for such number of shares of the
stock of said company as may be equivalent to the price
agreed upon, in the manner hereinafter provided for, and
whensoever the said Casper W Wever shall have duly
conveyed to the said company the said land and water pow-
er, or such part thereof as may be desired by the said presi-
dent and directors, the same shall be taken and received by
the said company, in full payment and discharge of his said
subscription, and shall thereafter be and constitute a part of
the capital stock of the said company, subject to be disposed
of in like manner, with the residue of their stock and pro
perty Provided, that the said Casper Wever shall,
when thereto required by the president and directors, enter
on the books of the company, a statement, under his hand
and seal, shewing the number of shares of stock which he
requires in exchange for his said property, together with a
inmate specification and description of the property and pri-
vileges intended to be conveyed to them and provided, fur
ther, that the said Casper W Wever will, before the books

C. Weave, sub-

scription

of subscription are opened, execute and deliver to his asso-
ciates an instrument of writing under his hand and seal,
obligating himself in the event of the president and direc-
tors of said company objecting to the price demanded by
him, to take in full payment for said land and water power,
such number of shares of stock as may be awarded to be the
value of said land and water power, by three appraisers or

His bond