1844.

THOMAS G. PRATT, ESQUIRE, GOVERNOR.

CHAP. 220.

not to extend said rail road to the town of Cumberland
or its vicinity, the said corporation is hereby authorised to
construct the same to such point or points of intersection
with the mil road, recently constructed by the Maryland
and New York Iron and Coal Company, commonly known
as the Mount Savage rail road, as the said corporation
may in its wisdom and prudence deem expedient and
proper, and that for the purpose of enabling said corpora-

Powers con-
ferred.

Restrictions.

tion to lay out and construct said rail road, it is hereby
invested with all and singular the powers and privileges
which were for a like purpose conferred upon the said
Maryland and New York Iron and Coal Company, by its
act of incorporation and the several supplements thereto,
and with the respect to the use to be made of said rail
road, the said corporation is hereby restricted to the same
rates of toll, and subjected to all the duties and responsi-
bilities, as well as clothed and invested with all the rights
and privileges which are mentioned and specified and in-
tended to be embraced in the charter of the said Maryland
and New York Iron and Coal Company, and the several
supplements thereto.
SEC. 8. And be it enacted, That any company hereafter
to be formed, shall have the privilege of passing over the
lands of said corporation, so as to connect any lateral road
or roads which such company may make with the tail road

Proviso.

which the said corporation is authorised to construct as
aforesaid; provided however, that such company pay to
said corporation, such sum or sums of money for the lands
to be occupied in making such lateral roads, or for such
other damages as may be done to the said corporation, by
the construction of the same, as may be agreed upon by
three disinterested persons to be chosen to value such
damage by the judges of Allegany county court, or by a
majority of the judges thereof in the recess of said court.

Failing to pay
instalments.

SEC. 9. And be it enacted, That if any subscriber to the
capital stock of said company, or any person or corpora-
tion, who may become entitled to any share or shares of
such capital stock, shall fail or neglect to pay any assess-
ment or instalment which may be required or demanded
to be paid by the president and directors of said company,
or a majority of them, on the share or shares of stock sub-
scribed for or owned by such subscriber, person or corpo-
ration, for the space of sixty days, next after such assess-
ment or instalment shall be demanded, and made due and
payable the stock on which such assessment or instalment
is demanded, shall be forfeited to the said company, and
may be sold by the said president and directors or a ma-
jority of them, for the benefit of said company, but the