114

LAWS OF MARYLAND.

Dec. Sess.

1813.

succession for the purpose of surveying, locating and
making a turnpike road, commencing at some point to
be hereafter determined by the said company, on the
west bank of Big Conococheague, passing thence to
Hancock and thence to the town of Cumberland in Alle-
gany county, by the nearest practicable route; which said
company shall be, and hereby are clothed and invested
as respects the said road, with all and singular the rights,
privileges, immunities and advantages held, used and
possessed by the several turnpike companies incorporat-
ed by an act of Assembly passed at November session
eighteen hundred and lour, chapter fifty-one, entitled,

an act to incorporate companies to make several turnpike
roads through Baltimore county and for other purposes,
and shall be entitled to the same tolls, be governed by
the same regulations, and be liable to the same tines,
penalties and restrictions as the said companies now by
law are; and shall elect their president, managers and oth-
er officers, in the same manner and at the same time,
that the president, managers and company of the Balti-
more and Frederick-Town turnpike road are by law re-
quired so to do.

Charters ex-
tendre on cer-
tain condi-
tions. Increase
of capital.

2. And for the purpose of raising a fund to make and
complete said road; BE IT ENACTED, That the char-
ters of the several banks now incorporated in the city of
Baltimore, in Washington county and in Allegany coun-
ty, shall be, and they are hereby continued and extended
to the first clay of January eighteen hundred and thirty-
five, and to the end of the session of the General As-
sembly next thereafter, upon condition of the said seve-
ral banks subscribing, in proportion to their respective
capitals actually paid, in at the time of such subscriptions,
for as much stock as is necessary and sufficient to finish
and complete said road as hereinafter directed, and in
case any of the said banks shall augment their capital
after such subscription, the president and directors of
such bank are hereby required (and upon this condition
is the charter of such bank renewed) to subscribe for so
much stock in said company as the quota of such bank
with its capital so augmented, would have been had such
augmentation existed at the time of the original subscrip-
tion for the stock of said road company, and the sum or
sums of money paid on such increased stock in case the
road shall have been completed, shall be distributed
among the several stockholders in proportion to the
amount of stock by them respectively held.

Subscription
books to be
opened.

3. AND BE IT ENACTED, That the presidents of
such of the aforesaid banks, or a majority of them, as
determine to accept of the terms and reap of the benefits
proposed to them by the provisions of this act, be and
they are hereby authorised and directed, to cause books
to be opened in the city of Baltimore for the purpose of
receiving subscriptions for said stock, and to do all oth-
er matters and things necessary to carry the provisions