1803.

NOVEMBER. LAWS OF MARYLAND.

CHAP.

CIII.

dividend of the profits thereof among the stockholders on every first Monday in January and June, of
which public notice shall be given; provided that no division of profits shall exceed fifteen per
centum.

To be laid be-
fore the court,

&c.

VIII. AND BE IT ENACTED, That the said president and directors,, after the bridge aforesaid
shall be completed, shall annually, between the first day of January and the first day of May, lay
before the county court of Baltimore and Anne-Arundel respectively, a just and true account of their
receipts and expenditures, with a statement of the clear profits thereof, which shall be applied, in
the first instance, to the payment of the above fifteen per centum to the stockholders, and the residue
shall be a fund for sinking the principal stock; and when the said principal stock, with the dividend
aforesaid, shall be sunk and paid off as aforesaid, then and in such case the said bridge shall be
thrown open, and remain for ever after clear of all toll to the public.

Penalty for ne-
glect, &c.

IX. AND BE IT ENACTED, That if the said president and directors shall not return their accounts
as herein directed to the county courts of Baltimore and Anne-Arundel as aforesaid, they shall for-
feit the sum of one thousand dollars each for every such neglect, to be applied towards sinking the
capital of the said bridge company.

President, &c.
may demand
subscription
money, &p.

X. AND BE IT ENACTED, That the said president and directors, or any three of them, shall and
may demand and require any part of the subscription money, in equal proportion, from each and every
proprietor, which may from time to time be found necessary for carrying on the building of the said
bridge, and after six weeks public notice of such demand in the news-papers herein before mentioned,
it shall and may be lawful for the said president and directors to sue for and recover, in the name of
the company, such unpaid requisition, with all costs and charges incidental thereto, and legal inte-
rest thereon from the time the same should have been paid; and the neglecl; or refusal to pay any
such requisition, after public notice shall have been given as aforesaid, shall have the effect to for-
feit all preceding payments made on the share or shares so neglected or refused to be paid, to the use
and benefit of the company; provided, that in case of the death of any stockholder, the neglect
or refusal of his executors, administrators or legatee, to make the payment that may be required as
aforesaid, shall not have the effect to forfeit immediately the said preceding payments made by the
said stockholder in his life-time, but the said executor, administrator or legatee, shall have one
whole year next after the day of the said death to make the payments required.

Bridge to be
built in a secure
mariner, &.c.

XL AND BE IT ENACTED, That the said bridge shall be built in the most secure and substantial
manner, shall be secured and supported at each end by good and sufficient abutments, or piers of
stone, and shall be not less than twenty feet wide, and that there shall be two draws in the said
bridge, the one at the deepest part of the channel on the Baltimore side of the river, and the other
on the Anne-Arundel side of the said river, so as to afford a convenient passage to vessels up and
down the main river, sufficient to admit vessels to pass and repass, of at least thirty feet wide, and
shall keep a sufficient number of hands at all times ready for the purpose of raising the said -draws,
in order to admit vessels to pass through without delay or interruption, for which no reward shall
be demanded or received, and In case of any neglect, the president and directors for the time being
may be indicted and fined, in either Baltimore or Anne-Arundel county courts, as for a common nui-
sance; and as soon as the said bridge shall be completed as aforesaid, the said president and directors
shall forthwith transmit to the governor and council a full and fair account, supported by proper
vouchers, of the cost of said bridge.

President, &c.
may demand
and receive
tolls, &c.

XII. AND BE IT ENACTED, That it shall and may be lawful for the said president and directors,
after the said bridge shall be completed as aforesaid so as to entitle them to tolls, to demand and
receive such reasonable tax or toll as they may from time to time agree on and require, provided
they shall not, at any time, demand or receive more than the following rates, to wit: For a single
person or foot passenger, six cents; man and horse, twenty-five cents; carriage with four wheels,
four horses, oxen or mules, and driver, one dollar and twenty-five cents; a cart with three horses,
seventy-five cents, or any other two wheeled carriage, fifty cents; horses and horned cattle, each
twelve cents; sheep or hogs, each five cents; which rates or toll shall at all times be made public,
and shall not be altered or changed oftener than once in each year.

Shares may be
transferred, &c.

XIII. AND BE IT ENACTED, That it shall and may be lawful for every proprietor to transfer his
or her share or shares, by deed executed before two witnesses, who shall prove the execution there-
of before some judge or justice, and registered in the said company's books, and not otherwise, ex-
cept by devise, which devise, or an attested copy thereof, shall also be exhibited to the president
and directors, and registered in the company's books before the devisee or devisees shall be entitled