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Session Laws, 1847
Volume 612, Page 114   View pdf image
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PHILIP F. THOMAS, ESQUIRE, GOVERNOR.

1847.

pertaining to the same shall be stopped, obstructed, im-

paired, weakened, injured or destroyed, the person or
persons so offending shall forfeit and pay to the said
corporation double the amount of damages sustained by
means of such offence or injury, to be recovered in the
name of said corporation, with costs of suit, by action of
trespass, and such person or persons so trespassing
or injuring the works or other property of the company
shall be deemed guilty of a misdemeanor, and be punish-
ed accordingly, except in those cases in which the of-
fence is of a higher grade, or otherwise specifically made
punishable by law.

CHAP. 116.

SEC. 13. And be it enacted, Thai the corporation
hereby incorporated, shall have power and are hereby
authorised, to purchase and hold mineral lands or real
estate, for the purpose of mining; provided, the said
lands or real estate shall not exceed twenty thousand
acres, which said lands or real estate so purchased and
held, shall constitute a part of the capital, but not to ex-
ceed in the whole more than one million of dollars, a
moiety of the capital hereby authorised to be subscribed.

May hold real
estate.

Proviso.

SEC. 14. And be it enacted, That each subscriber shall
pay two per centum on the amount subscribed by him
at the time of making such subscription, and it shall be
lawful for the directors, or a majority of them, to require
payment of such other sums of the capital stock, at such
times, and in such proportions, and on such conditions
as they shall deem fit, under the penalty of the forfeiture

Penalty for
neglecting to
pay instalment
when required.

of all previous payments thereon, and shall give notice
of the payments thus required, and of the time and place
where and when the same are to be paid, at least thirty
days, by publishing the said notice in a public news-
paper in Washington in the District of Columbia, in the
city of Richmond in the State of Virginia, in the cities
of Cumberland and Baltimore in the State of Maryland,
and in the city of New York in the State of New York.

Notice to be
given.

SEC. 15. And be it enacted, That any part of this
act shall be subject to be altered, amended or modified by
any future legislature, as to them shall seem proper, ex-
cept so much thereof as prescribes the rate of compen-

Reservation.

sation or tolls for transportation; provided, that the rights
of property acquired under this act, shall not be taken
away or impaired by any future legislature.

Proviso.



 
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Session Laws, 1847
Volume 612, Page 114   View pdf image
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