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Session Laws, 1822
Volume 627, Page 52   View pdf image
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52

SAMUEL STEVENS, Jr. ESQUIRE, GOVERNOR.

Dec. Ses. 1822

Toll.

locate the site of said bridge at the place where the public ferry
across the said river is now established.
8 And be it enacted, That as soon as the said bridge shall be
completed, it shall be lawful for the said corporation to demand and
receive the following tolls and rates for passing the same, that is to
say, for a single person six and a quarter cents, for a man and horse
twelve and a half cents, for a single carriage thirty-seven and a half
cents, and six and a quarter cents for each person travelling therein, -
for a phaeton, chariot, or coach, seventy-five cents, and sis and a
quarter cents for each person travelling therein; for a four horse
waggon seventy-five cents; for a two horse waggon fifty cents;
for a cart thirty-seven and a half cents; for horned cattle, each,
twelve and a half cents; for sheep and hogs, each, three cents;
for oxen in gear each, six and a quarter cents; for each jack,
jennet, or mule, six and a quarter cents, and no more; and if the col-
lector of the tolls shall demand and receive from any person or per-
sons for passing said bridge, more than is hereby allowed, he
shall, for every such offence, forfeit and pay to the party aggrieved
five dollars, to be recovered before any justice of the peace; and any
person or persons attempting forcibly to pass said bridge, without
paying toll, or refusing to pay the same after having passed, shall be
liable to a like penalty, to be recovered in manner aforesaid, for the
use of said corporation.

Dividend,

9. And be it enacted, That the president and directors aforesaid
shall, at the end of every six months, from the time said bridge shall
be completed, after defraying all necessary and proper expenses and
charges, declare the dividends due to each stockholder, which shall
be paid by the treasurer upon the order of the board of directors.

Transfers.

10. And be it enacted, That the shares of stock shall be transfer-
able only on the books of the corporation, in such manner as the
board of directors may direct.

Powers.

11. And be it enacted, That the president and directors shall have
power to make and ordain all such by-laws, rules and regulations as
they may think necessary for the well ordering the business of said
corporation, not contrary to the constitution or laws of the United
States, or of the State of Maryland.

Elections.

12. And be it enacted, That the election of directors shall be by
ballot, and before every election, the directors for the time being shall
appoint three stockholders, not being directors, to conduct the elec-
tion, who, or a majority of them shall receive and count the ballots,
and declare, in writing, the persons elected to serve as directors for
the then ensuing year.

Further sub-
scriptions.

13. And be it enacted, That if it should be found that the amount
which may be subscribed for, or the amount authorised to be sub-
scribed for as aforesaid, shall not be sufficient to complete said
bridge, the president and directors shall have power to direct books
to be opened at such times and such-places, and under the direction
of such commissioners, as they may think proper, for such additional
amount of stock as by them may be deemed necessary to complete
the same, and said president and directors shall have power to call
for such instalments from the stockholders, from time to time, as
they may think necessary.

Delinquents.

14. And be it enacted, That if any stockholder should fail to pay,
on receiving due notice, any instalment which may at any time be
called for, for the space of one month, he shall forfeit the sum or
sums before paid by him on his stock, to the use of the said corpora-



 
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Session Laws, 1822
Volume 627, Page 52   View pdf image
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