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Session Laws, 1811
Volume 614, Page 121   View pdf image (33K)
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ROBERT BOWIE, ESQ. GOVERNOR

121

stock-holders of said company, and of the amount of
the profits or shares that may be forfeited; and gene-
rally of all monies 'received by them for the purpose
of erecting the said bridge; and also of all monies by
them expended in the prosecution of the said work,
and shall at least once in every year submit such ac-
counts to a general meeting of the stock-holders, until
the said bridge be completed, and until all the costs,
charges and expenses for effecting the same shall be
fully paid and discharged, and the aggregate amount
of ail such expenses shall be liquidated and ascertain-
ed; and if after the said bridge is completed, it shall
be found that more monies shall remain in the hands
of the treasurer than is necessary for the payment of
all charges and expenses incurred in and about erect-
ing the said bridge, the surplus shall be returned as
part of the dividend due and payable to the stock-hold-
ers respectively.

1812.

Expenses shall
be duly dis-
charged. Sur-
plus shall be re-
turned as part
of dividend.

10. AND BE IT ENACTED, That the said
bridge shall be built in the most secure and substantial
manner, and shall be secured and supported at each
end by good and sufficient abutments, and shall be not
less than seventeen feet wide, with railing on each
side thereof not less than four feet high; and there
shall be a draw in said bridge so as to afford a conve-
nient passage to vessels up and down the said river,
of at least twenty-six feet wide, with wings on each
side of said bridge at the draw, to be at least twelve
feet long and eight feet deep; and the president and
directors for the time being shall keep a sufficient
number of hands at all times ready for the purpose of
opening the said draw, in order to admit vessels to
pass through without delay or interruption, and no re-
ward shall be demanded or received for the same;
and in case of any delay or interruption to the pas-
sage of vessels on the part of the president, directors,
their officers or servants, the said president and direc-
tors may be indicted and lined as for a common nui-
sance.

Relative to the
construction of
said bridge, the
passage of ves-
sels through
the same, &c.

11. AND BE IT ENACTED, That for, and in
consideration of the great risk and expences incurred
or to be incurred by said company in building said
bridge, and keeping the same in continual repair, the
said bridge, when built, and completed according to the
directions of this act, and all its profits, shall be, and
the same is hereby vested in the said company forever,
to be held as tenants in common, in proportion to
their respective shares; and it shall and may be law-
ful for the president and directors, at all times hereaf-

Bridge and all
its profits vested
in said compa-
ny forever.
Tolls specified.
No tolls to be
demanded from
persons resid-
ing in Carolina
county.
Levy court of
said county



 
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Session Laws, 1811
Volume 614, Page 121   View pdf image (33K)   << PREVIOUS  NEXT >>


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