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Session Laws, 1815
Volume 634, Page 124   View pdf image
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126

LAWS OF MARYLAND

Dec Sess.

1815.

Proviso.

Style—priv-
ileges &c.

Rights &c.

Who may be
stockholders.

Not being
completed
right to revert.

Damages.

cers shall be thereafter chosen, and make such by-laws, rules
Orders and regulations as do not contravene the constitution
and laws of those United States or of this state, and may be
necessary for the well governing the affairs of the said compa-
ny; Provided always, that no person shall have more that
twenty five votes, in every election or in determining any ques-
tion arising at such meeting, whatever number of shares he,
she or they may be entitled to notwithstanding, and that each
person be entitled to one vote for every share so held under the
number of twenty five.
4. AND BE IT ENACTED, That the stockholders in
said company shall be and are hereby declared a body politic
by the name of The President and Managers of the Loveton
Turnpike Road Company, and by the same name the subscri-
bers and their successors shall have succession during the con-
tinuance of this incorporation, and shall have all the privileges
and franchises of and incident to a corporation, and shall be capa-
ble of taking and holding the said capital stock and the increase
and profits thereof, and of enlarging the same from time to time
by new subscriptions, on the original term in such manner and
form as they shall be found necessary to fulfil the intent of this
act; and of purchasing and taking to them and their success-
ors in fee simple, and for any lesser estate, all such lands, tene-
ments, hereditaments and estate real and personal as shall be
necessary to them in the prosecution of their works; Provided
the said real estate shall not exceed twenty acres in any one to
or parcel; and of suing and being sued, answer and being an-
swered, and ahull have power to make a seal and alter and
break and renew the same according to their will and pleasure.
5. AND BE IT ENACTED, That said company shall be,
and are hereby invested and clothed with all the privileges
rights, immunities and advantages which are held and possess
ed by the turnpike company incorporated by an act passed at
November session eighteen hundred and four, entitled, an act to
incorporate companies to make several turnpike road
through Baltimore county and for other purposes, and to be
governed by the same regulations as are therein prescribed, and
be entitled to the same tolls; and every clause and provision of
said act relative to the road therein proposed to be made, shall
be in force as relates to the road herein contemplated, so far as
the same are applicable and not inconsistent with this act.
6. AND BE IT ENACTED, That it shall be lawful for
any corporation or body politic in the United States to become
stockholders in said company.
7. AND BE IT ENACTED, That if said company do
not proceed to carry on said work within two years after the
passing of this act, or shall not within ten years thereafter com-
plete the said road, it shall be lawful for the legislature of this
state to resume the rights, privileges, liberties and franchises
granted by this act to said company.
8. AND BE IT ENACTED. That in each of the counties
of Baltimore and Harford, the county court shall appoint five
commissioners who shall estimate the amount of damages sus-
tained by any person or persons by reason of said road pass-
ing through his, her or their land, or by taking stone, gravel or
other materials for the use of said road, in cases where the par-
ties cannot agree, which estimate shall be final in determining



 
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Session Laws, 1815
Volume 634, Page 124   View pdf image
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