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Session Laws, 1814
Volume 633, Page 79   View pdf image
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LEVIN WINDER, ESQ. GOVERNOR.

79

and received on the said road for and during the twelve
months preceding; and whenever the tolls shall, during
two following years, exceed ten per centum, free of all
charges on the institution, the said court shall, at their
discretion, hold the excess thus arising above the said
ten per centum in reserve, to meet any future deficiency ;
or if in their judgment a continuance of the then tolls;
would produce a like annual excess, to lower the tolls, or
any of them, so as to bring the aggregate on the said
road to ten per centum per annum; and the said court
may, in their discretion, on the representation of the
aforesaid company, revise the tolls herein established, so
as to render them in their operation more favourable to
the commerce and industry of the citizens.

Dec. SESS.
1814.

18. AND BE IT ENACTED, That the stockholders
of the present company shall be entitled to receive ten
per centum per annum and no more, over and above all
charges and deductions whatsoever; and the president
and managers of the said company shall keep a just and
true account of all and every the monies received by their
several and respective collectors of tolls at the several
and respective gates and turnpikes on the said road,
from the beginning to the end thereof, which ac-
count shall be upon oath or affirmation, as the case may
lie; and shall make a dividend of the clear profits and
income thereof, not exceeding ten per centum in any year,
among all the stockholders of every description; and
shall, on the first Monday in May and November in
every year, publish the half yearly dividend made of the
said clear profits as aforesaid, and of the time and place
when and where the same will be paid, and shall cause
the same to be paid accordingly.

Legal rate of
percent — divi-
dend.

19. AND BE IT ENACTED, That all such car-
riages as aforesaid drawnby oxen in the whole, or partly
by horses and partly by oxen, two oxen shall be estimated
as equal to one horse in charging all the aforesaid tolls,

and every mule as equal to one horse.

Oxen &c. —
rate.

20. AND BE IT ENACTED, That if the said company
after the said road is completed as aforesaid, shall neglect
to keep the said road in good and perfect order, for the space
of fifteen days, and information shall be given to any jus-
tice of the peace of the neighborhood, within the county
where the repair ought to be made, such justice shall issue
a precept, to be directed to any constable, commanding
him to summon three disinterested persons, to be named
by the said justice in the said precept to meet at a cer-
tain time in the said precept to be mentioned, at the
place in the said road which snail be complained of, of
which meeting notice shall be given to the keeper of
he gate or turnpike nearest thereto; and the said jus-
tice shall at such time and place, on the oaths or affirma-
tions of the said persons, inquire whether the said road,
or any pare thereof is in such good and perfect order and
repair as aforesaid, and shall cause an inquisition to be

Repairs — neg-
lect—penalty,
&c.



 
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Session Laws, 1814
Volume 633, Page 79   View pdf image   << PREVIOUS  NEXT >>


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