34

SAMUEL STEVENS, Jr. ESQUIRE, GOVERNOR.

Dec. Ses. 1822

choose by ballot six Managers, who when they shall have been or-
ganized by their electing a President either from among their own
body or the stockholders, shall have full power and authority to ap-
point a treasurer, and such other officers as shall be deemed by them
necessary to conduct the business of the said Company, and the same
to remove, reappoint, and their own vacancies to fill at their will and
pleasure.

Incorporation

4. And be it enacted, That all persons who shall become subscrib-
ers to the said Company, their successors and assigns, shall be and
are hereby made a corporation and body politic, by the name and
style of the "President and Managers of the High Street Wharf
Company, " and by the same name the said subscribers, and their
successors and assigns, shall have succession, and shall have all the
privileges and franchises of or incidental to a corporation, and shall
be capable of purchasing and taking to themselves, and their succes-
sors, all such lands, tenements, hereditaments, and estate real and
personal, as shall be necessary to them in the prosecution of their
work and to carry into effect the intentions of this act, and of suing
and being sued, answering and being answered, defend and being
defended, and the said Company shall have power to make a com-
mon seal, and alter, break and renew the same at pleasure.

Payments.

5. And be it enacted. That the sum so subscribed shall be paid to
the President and Managers, elected agreeably to this act in the
manner following, to wit; one fifth part thereof (including the one
dollar paid to the Commissioners at the time of subscribing) at the
end of one month after the election of Managers, and the remainder
in such sums and at such times and places as the President and board
of Managers shall appoint, they giving at least thirty days notice of
the payments so required in the newspapers aforesaid, and in case of
failure to make payments as shall be required, all antecedent pay.
merits shall be forfeited.

Election
powers &c.

6. And be it enacted, That the Managers first elected as aforesaid
shall hold their seats until the first Monday in November next fol-
lowing the election to be made agreeably to the mode prescribed as
aforesaid, and upon the first Monday of November in each and
every year thereafter, there shall be a new election for six Managers
who shall on the second Monday of November, proceed to elect their
President, and the President and Managers thus annually elected
shall have full power and authority to make, alter and repeal by-laws
for their government, Provided always, that they are not inconsistent

Tolls.

with or repugnant to this act, and the laws of this state.
7. And be it enacted, That the President and Managers so soon
as the said wharf shall be finished, shall have full power to impose
such reasonable tolls or wharfage for the use of the same, and to
adopt such regulations for the management of the said Wharf, as
they may think right and just.

Repeal,

3. And be it enacted. That an act of Assembly passed at Decem-
ber session eighteen hundred and seventeen, chapter two hundred
and twenty five, be and the same is hereby absolutely repealed, and
all other laws inconsistent with the provisions of this act.

Passed Jan.
18, 1823.
Preamble.

CHAPTER 58.

An act relating to the public roads in Caroline county.
WHEREAS, the present mode of repairing the public roads in Caro-
line county, is found by experience to be imperfect, and subject to