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CHAP. 237.
Proviso.
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and directors shall direct and declare; provided, that said
dividends shall not exceed the amount of seven per
cent per annum, on the amount of stock subscribed from
the time paid subscriptions shall be paid to said com-
missioners, and the balance of receipts from tolls to be
invested by said commissioners, or president and direc-
tors in a sinking fund for the purpose of repairing or
renewing said toad whenever it is required, until said
sinking fund shall amount to the sum of forty thousand
dollars, and then that the whole nett receipts of said
road shall be divided amongst the stockholders, and
that so much of the act of eighteen hundred and forty-
six, chapter two hundred and forty-two, as is inconsistent
with this or any other provisions of this act, be and the
same is hereby repealed, and that the lottery commission-
ers of this State after they shall be notified by the commis-
sioners named in the act of eighteen hundred and forty-
six, chapter two hundred and forty-two, or a majority
of them, of their acceptance of this act, shall pay an-
nually from the proceeds of the lottery grant conferred
by the said act of eighteen hundred and forty-six, chap-
ter two hundred and forty-two, the one-twelfth of the
nett proceeds which will be payable on account of said
grant to the said commissioners, under the existing or
any future contract , for the drawing of the consolidated
lotteries of this State, to John Smith, David Foutz, and
John Roberts, commissioners named in the preamble of
this act, to be by them applied in aid of the construction
of a turnpike road, from the west end of Uniontown, to
the present completed terminus of the road made by
the president, managers, and company, of the West-
minster and Hagerstown Turnpike Road Company,
running from Westminster towards Hagerstown, as au-
thorised by the act of eighteen hundred and nine, chap-
ter ninety-six, and the several supplements thereto.
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Banking forbid.
In force.
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SEC. 11. And be it enacted, That the said corpo-
ration is hereby prohibited from issuing any note, scrip,
token, device, or other evidence of debt, to be used as
currency, and that the Legislature hereby reserves the
right to modify, change or repeal this act at pleasure.
SEC. 12. And be it enacted, That this act shall take
effect immediately after its passage.
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May borrow
money.
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SEC. 13. And be it enacted, That for the purpose of
expediting the completion of said road, the said commis-
sioners be and they are hereby authorised and empow-
ered, from time to time, and at any time, to borrow upon
the faith of said corporation and upon a pledge of the
means appropriated by the original act, and the other
means or said corporation, such sums of money as in
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