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Session Laws, 1815
Volume 634, Page 196   View pdf image
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198

LAWS OF MARYLAND.

Dec. Sess,
1815.

Proviso.

Annul elec-

tions.

Proviso.

Location.

Privileges,

rights, &c.

. same name the said subscribers, and their successors and assigns,
shall have succession during the continuance of this corporation,
and shall have all the privileges and franchises of, or incident
to, a corporation, and shall be capable 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 terms, in such manner and form as they shall
think proper, if such enlargment shall be found necessary to ful-
fill the intent of this act, and of purchasing and taking to them,
and their successors, in fee simple, and for any lesser estate,
all such lands, tenements, 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 lot or parcel; and of suing or being sued, an-
swering and being answered, and the said company shall have
power to make a seal, and alter and break and renew the same
accenting to their will and pleasure.
5. AND BE IT ENACTED, That the sum so subscribed
shall be paid to the president and managers elected agreeably
to this act, in the manner following, to wit: One-fifth part
thereof, (including the one dollar paid to the commissioners at
the time of subscribing,) at the end of one month after the
election of the managers, and the remainder in such sums, and
at such times and places, as the president and board of managers
shall appoint, they giving at least thirty days notice of the pay-
ments so required in the newspapers aforesaid.
. 6. AND BE IT ENACTED, That the managers first elect-
ed as aforesaid, shall hold their seats until the first Monday
which shall happen in the month of November next following
the election, to be made agreeably to the mode prescribed as
aforesaid, and upon the first Monday of November in each and
every year thereafter, there shall be a new election for fifteen
managers, who shall on the second Monday of November, pro-
ceed to elect their president; and the president and managers
thus annually elected, shall have full power and authority to
make, alter or repeal by laws for their government; Provided
always, that they are not inconsistent with, or repugnant to this
act, and the laws of this state.
7. AND BE IT ENACTED, That the president and man-
agers in locating and laying down the road contemplated by this
act, shall be and are hereby authorised to commence the loca-
tion of said road, either from the city of Baltimore, or some
point on the Baltimore and Havre de-Grace turnpike road, or at
some point on the Baltimore and Belle Air road, or at Belle-
Air, as they shall, under all circumstances, think most advan-
tageous.

8. 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 possessed by the
turnpike company incorporated by an act passed at November
session, eighteen hundred and nine, entitled, "an act to incor-
porate a company to make a turnpike road from near Ellicott's
lower mills towards George town, in the District of Columbia
—to be governed by the same regulations as are therein pre-
scribed, and be entitled to the same tolls, and every clause and
provision of the said act relative to the road therein proposed to



 
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Session Laws, 1815
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