THOMAS H. HICKS, ESQUIRE, GOVERNOR.

483

out of said stock or otherwise, before any transfer
of said stock can be made, and before any divi-
dends can be paid upon the same, except by the
special permission of the President and Directors
of said Company, and when the said Company
shall be organised, the amount due upon the
subscription to its capital stock shall be paid in
instalments at such times as the President and
Directors may require the same to be paid, and to
be secured in such manner as they may require,
they giving at least sixty days notice of demand
of any instalment or instalments in one newspa-
per printed or published in Kent county, and in
default of payment of any instalment, the Presi-
dent and Directors may offer at public sale, so
many of the shares of stock in default as may be
sufficient to discharge the sum or sums then due
on the same, and the purchaser thereof shall hold
the same subject to the same regulations, and
with the same right as if they had been originally
subscribed by him.

SEC. 8. And be it enacted, That the said Com-
pany shall have power to charge, demand, sue for
and recover such prices or sums of money as they
may fix or determine upon from time to time, for
carrying or conveying passengers or freights, and
for other things connected with their said busi-
ness, and that they shall keep, set up in some
public place in their said boats or vessels a tariff,
or list of charges.

May have pow-
er to charge for
passengers and
freight.

SEC. 9. And be it enacted, That the said Com-
pany shall have true and trusty agents, captains
and servants, and that all grain, marketing or
other articles of merchandise, and for every de-
scription of property committed to their care, the
Company shall hold themselves liable; the dan-
gers of the sea or waters, and fire alone excepted.

Liability.

SEC. 10. And be it enacted, That nothing in
this act shall be construed to impair the rights of
any person or persons to an action against said
Company, their agents, workmen or servants for
any damage done to his or her, or their property
or person.

Not to be con-
strued.

SEC. 11. And be it enacted, That the President
and Directors of said Company shall cause a re-
port to be made annually, (or semi-annually, if
they deem it expedient) to the stockholders of said

President and
Directors to
make annual
report.