1847.

LAWS OF MARYLAND.

CHAP. 191.

plead and be impleaded, answer and be answered unto
in any court of law or equity in this State.

To meet, and
keep minutes
of proceedings.

SEC. 7. And be it enacted, That the president and
directors shall meet at such times and places as shall
be agreed on for transacting the business of the compa-
ny, and in the absence of the president may choose a
chairman, and they shall keep minutes of all their trans-
actions fairly entered into a book.

In case of ne-

glect to pay
instalment.

SEC. 8. And be it enacted, That the president and
directors shall not be authorised to call upon the stock-
holders for a greater sum than five dollars on each share
at any one time, nor until they shall have given at least
two weeks notice thereof, and in case any stockholder
shall neglect to pay such portion of his subscription at
the time so appointed, the president and directors may
proceed to recover the same by due process of law.

To regulate
tolls.

SEC. 9. And be it enacted. That for and in consid-
eration of the great risk and expenses to be incurred by
the said company, not only for building said bridge, but
for keeping the same in repair, the said bridge when
built and completed and all its profits shall be and the
same are hereby vested in the said company forever, OB
to be held as tenants in common in proportion to their
respective shares, and it shall and may be lawful for the
said president and directors at all times hereafter to de-
mand and receive such reasonable tax or toll as they
may from time to time agree on and require.

Dividends—
how and when
declared.

SEC. 10. And be it enacted, That the said president
and directors shall keep a just and true account of all
monies received by their several and respective collec-
tors of tolls for crossing said bridge, and shall make and
declare a dividend of the profits and income thereof
among all the stockholders, first deducting therefrom
all proper expenses or incidental costs and charges, and
such proportions of the said income as they may deem
necessary to provide against the decay and for the re-
pairing the said bridge, and shall on every first Monday
in July and January of every year, publish the dividend
to be made of the said clear profits thereof among the
stockholders, and also the time and place when and
where the same shall be paid, and shall cause the tame
to be paid accordingly.

Penalty for
injuring.

SEC. 11. And be it enacted, That if any person or
persons shall wilfully injure any part or parcel of said
bridge, he shall forfeit and pay to the president and di-
rectors for every such offence a sum not exceeding fifty
dollars, to be recovered before any justice of the peace
of Allegany county, and he, she or they so offending,