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1812.
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answer and be answered, defend and be defended in
any court or place whatever; and also, to make, have
and use a common seal, and the same to break, alter
and renew at their pleasure; and also, to ordain and
establish such by laws, rules and regulations as shall
be deemed necessary and proper for the government
thereof, not inconsistent with the laws of the United
States, or of this state; and generally to do and exe-
cute all and singular such acts, matters or things as
to them shall or may appertain to do.
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Amount of cap-
ital, number of
shares, &c.
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2. AND BE IT ENACTED, That the capital-
stock of said company is hereby declared to be the
sum of three thousand dollars, to be divided into six
hundred shares of tive dollars each, and if the whole
of the shares have not been already subscribed, the
president and directors (who shall always be stock-
holders) first chosen under the provisions of this act,
shall, and they are hereby authorised and directed to
open subscriptions for all the shares not heretofore
subscribed, on the same terms as the first subscrip-
tion, on giving thirty days notice of the time and place
cf receiving such subscriptions.
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Building said
bridge shall be
conducted by a
president and 6
directors. Elec-
tion of direc-
tors, &c. Di-
rectors shall
choose a presi-
dent. Ratio of
shares to each
vote of stock-
holders.
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3. AND BE IT ENACTED, That the building,
superintendance and management of said bridge shall
be conducted by a president and six directors, in the
manner hereinafter directed; and that there shall be
an election of seven directors, by ballot, at Denton,
on the first Monday of February next, and on the
first Monday of February in each and every year
thereafter by the stock-holders or proprietors (in per-
son or by proxy) of the capital stock of the said cor-
poration by plurality of votes, and the directors so
elected shall be capable of serving by virtue of such
choice, until the first Monday of February next ensu-
ing the time of such election, and no longer, except
in case of failure of election on the day appointed, and
in that case until such election lakes place; and the
said directors at the first meeting after each election,
shall choose one of their number for president; and
in case it should happen that an election of directors
should not be made upon the day, when pursuant to
this act it ought to hav r been made, the said corpo-
ration shall not for that cause be deemed to be dissolv-
ed, but it shall be lawful on any other day within sixty
days thereafter, to hold and make an election in such
manner as shall be regulated by the laws and ordi-
nances cf the said corporation, and in case of the
death, resi s nation or removal out of the county of
any director, the other directors, or a majority of
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