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Session Laws, 1845
Volume 610, Page 369   View pdf image
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CHAP. 324.

tice of the time and place appointed for the payment of
any proportion of the said capital stock of the said com-
pany, if any stockholder shall neglect to pay such propor-
tion at the place appointed, for the space of thirty days
after the time so appointed, every such stockholder, his,
her or their assignee, shall in addition to the payment so

called for, pay at the rate of five per cent, per month
for delay of such payment, and if the same and the said
additional penalty shall remain unpaid, lor such space of
time, as that the accumulated penalties shall become
equal to the sums before paid in part on such account of
such share or shares, the same shall he forfeited to said
company, and may and shall he sold and assigned, by
the president and managers of said company, to any per-
son willing to purchase the same, for such price as can
be obtained for the same, and the purchaser or purchasers
aforesaid shall have all the benefit and advantage of such
assignment and purchase, as if he, she or they had been
an original stockholder.

President and
managers to
cause bridges
to be erected.

SEC. 8. And be it enacted, That the said president,
managers and company shall cause bridges to he elected
over the waters crossing said load, and shall cause
twelve feet thereof in breadth at least to be made an
artificial road, which shall be bedded with wood, stone
or gravel, or any other hard substance, and shall forever
hereafter, during the continuance of said incorporation
maintain and keep the same in good order and repair;
and when six miles of said road, commencing from ei-
ther end thereof, shall have been completed in the man-
Her aforesaid; it shall and may be lawfull for said presi-
dent, managers and company to erect a loll gate thereon
at any part thereof, and shall charge such tolls as are now
charged by the Falls Turnpike Road Company and pre-
scribed by their act of incorporation, passed December

session eighteen hundred and four.

Issues forbid.

SEC. 9. And be it enacted, That nothing in this act
shall be so construed as to authorise the said corporation
to issue any note, token, scrip, device or other evidence
of debt to be used as a currency.

Enure for 30

SEC. 10. And be it enacted, That this act of incorpora-
tion shall enure for thirty years from its passage; and
that the legislature reserves the right to alter or annul this
act at pleasure.

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Session Laws, 1845
Volume 610, Page 369   View pdf image
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