PHILIP F. THOMAS, ESQUIRE, GOVERNOR.

1847.

provided further, that the legislature of this State
may at any time hereafter regulate, modify or change
the control, use and estate of the rail road or rail
roads to be constructed under the authority hereby
given in such manner as it may deem equitable towards
the said corporation and necessary to the accommoda-
tion of the public travel or use of the said rail road or
railroads.

CHAP. 314.

SEC. 7. And be it enacted, That any corporation
now or hereafter to be formed shall have the privi-
lege of passing over the lands of the said Philadelphia
Mining company, so as to connect any lateral rail
road with the rail road or rail roads of said corporation,
by paying to said corporation such sum or sums of mo-
ney as may be agreed upon by three disinterested per-
sons appointed by the commissioners of Allegany coun-
ty to value 'the damages done to said corporation by
the passing over its lands ;for the purpose of forming
said connexion.

Right of other
companies to
cross road.

SEC. 8. And be it enacted, That if any subscribers
to the capital stock of said corporation, or any person
or corporation who may become entitled to any share
or shares of such capital stock, shall fail or neglect to
pay any assessment or instalment which may be re-
quired to be paid by the president and directors of said
corporation, or a majority of them, on the share or shares
of stock subscribed for or owned by such subscriber,
person or corporation for the space of sixty days next
after such assessment or instalment shall be demanded
and made due and payable, the stock on which such as-
sessment or instalment is demanded shall be forfeited
to such company, and may be sold by the said president
and directors, or a majority of them, for the benefit of
said company, but the said president and directors, or
a majority them, may remit such forfeiture on such
terms as they shall deem proper.

Stock to be
forfeited if in-
stalments are
not paid when
required.

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

Banking for-
bid.

SBC. 10. And be it enacted, That this act shall
commence and be in force from and after the passage
thereof, and that it shall be at all times liable to be amend-
ed or repealed at the pleasure of the legislature.

In force.

Reservation.