|
Dec. Sess.
1815.
Organization.
Style--ef-
fect in law.
Instalments.
Commission-
ers—plot—
oath.
|
lars each, under the direction of the following commissioners,
or any two of them, to wit, at Barnsville Montgomery county
by Nicholas Clopper, Joseph Johnson, Ely Dorsey, Junr.
Solomon Davis and Charles Wilson; at the Poplar Springs,
Anne Arundel county, by colonel Thomas Hood, Henry
Wayman and Edward Warfield; at the city of Baltimore, by
Andrew Clopper, Amos A. Williams and Levi Hollingsworth,
3. AND BE IT ENACTED, That when one thousand
shares of said stock shall have been subscribed, the commis-
sioners shall give twenty days public notice of the time and
place appointed for the subscribers to meet, to organize said in
stitution, and to choose, by a plurality of votes by ballot, a
president and nine managers, five of whom shall form a quo-
rum, a treasurer, and such other officers as they shall deem
necessary to conduct the affairs of the company, until the first
Monday in March thereafter, and until a new election, and to
make such by laws as they shall deem necessary, and on the
first Monday of March in every year, or within ten days there-
after, said company shall meet for the same purposes, at such
place as the president and managers shall appoint, and in all
elections by stockholders each share shall no entitled to one
vote, but no person or company shall have more than ten votes.
4. AND BE IT EN ACTED, That the stockholders in said
company shall he and are hereby created and erected into a bo-
dy corporate and politic, by the name and style of The Mon-
ocacy Turnpike Company, and by the same name shall have
perpetual succession, and all the privileges and franchises in-
cident to a corporation, and shall be capable of suing and be-
ing sued, answering and being answered, and of enlarging
their stock by new subscriptions if the same shall be found ne-
cessary.
5. AND BE IT ENACTED, That the sums so subscrib-
ed shall be paid to the president and managers aforesaid, in
such sums and at such times as they may appoint, giving one
month's public notice of the payment so required.
6. AND BE IT ENACTED, That the president and man-
agers be and they are hereby authorised to appoint five com-
missioners, who or a majority of whom agreeing, shall lay out
the road, beginning at the mouth of Monocacy or some place
near thereto through Montgomery county, in the straightest
and best direction, to the Baltimore and Frederick Town
turnpike road, at the Poplar Springs in Anne-Arundel county,
and after having laid out and marked said road, they shall make
a plot of the same, specifying the courses and distances, and
return it to the clerk of the counties through which it shall res-
pectively pass, to be recorded, and the commissioners before
they proceed to act shall take the following oath, or affirma-
tion: I. A. B., do swear, or affirm, that I will lay out and mark
the Monocacy turnpike road according to the best of my skill
and judgment, according to the directions of an act of assem-
bly, entitled, an act to incorporate a company to make a turn-
pike road from the mouth of Monocacy or some place near
thereto, through Montgomery county, to intersect the Balti-
more and Frederick Town turnpike road, at the Poplar Springs
in Anne-Arundel county, and I do further swear, or affirm,
that I am not interested in any land through which the said road
is likely to pass.
|