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Session Laws, 1849
Volume 613, Page 291   View pdf image
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PHILIP F. THOMAS, ESQUIRE, GOVERNOR.

1849.

election of the officers of said corporation shall be enti-
tled to vote as follows, that is to say: for every share not
exceeding three one vote each, for any number of
shares greater than three and not exceeding ten five
votes, for any number of shares not exceeding fifty se-
ven votes, for any number of shares greater than fifty

CHAP. 241.

and not exceeding one hundred ten votes; provided,
that no person or body politic shall have more than
thirty votes, whatever number of shares he, she or they
may be entitled to.

Proviso.

SEC. 3. And be it enacted, That the stockholders in
said company shall be and they are hereby incorporated
and Constituted a body politic, by the, name of the Ha-
gerstown and Middleburg Turnpike Company, and by
the same name shall have succession during the con-
tinuance of this corporation, and the said stockholders,
and their successors, by the same aforesaid, may sue
and be sued, answer and be answered, in any court of
law or equity in this State, and may do and execute
every other matter and thing, by the name aforesaid,
that they are authorised to do by virtue of this act.

Corporate
powers.

SEC. 4. And be it enacted, That the president and
managers, after their election, as hereinbefore provided
for, shall have full power to receive additional subscrip-
tions for the unsubscribed stock or vacant shares, and
when a sufficient sum has been raised and paid in, to
construct said road, no further subscription shall be re-
ceived, and said president and managers shall cause the
road to be laid out on the bed of the new Greencastle
road from Hagerstown to the Pennsylvania line, mak-
ing an artificial bed of stone, gravel or plank, not less
than sixteen feet in breadth.

To receive ad-
ditional sub-
scriptions.

SEC. 5. And be it enacted, That the president and
managers of said company shall have full power to
widen the said road wherever and whenever it shall be
found necessary for the construction of the same, and to
use any stone, gravel, earth or material to aid in com-

Road may be
widened.

pleting the said road; provided, that this section shall
not be so construed as to take from any person any
stone, gravel, earth or material which they may have
placed there for their own use.

Proviso.

SEC. 6. And be it enacted, That said company shall
cause said road to be completed within five years from
the passage of this act, otherwise the right of said stock-
holders shall revert to the State of Maryland, and that
said company are hereby clothed and invested as re-
spects the said road, with all and singular, the rights,
privileges, immunities and advantages not inconsistent
with the provisions of this act, that are held, used and

Limit.



 
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Session Laws, 1849
Volume 613, Page 291   View pdf image
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