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orders on the treasurer for all money to pay the wages of per-
sons by them employed, and for the materials and labour done;
Provided, such orders shall be signed by the president, or in
his absence by a majority of the attending directors; and to
do and transact all other such acts matters and things, as by
this act or the by-laws orders and regulations of the company
shall be committed to them.
6. AND BE IT ENACTED, That if any stockholder shall
refuse or neglect to pay his said several instalments, or any of
them on each and every share held by him or her, at the times
and periods respectively limited and appointed as aforesaid
for the payment thereof, and for ten days thereafter, every such
stockholder, or his or her assignee, shall in the discretion and
election of the said president and directors, either forfeit to the
company every such share on which any instalment may re-
main due and unpaid as aforesaid, to be sold by the said presi-
dent and directors for the best price that can be obtained there-
for, for the benefit of the said company, or shall be liable to be
sued for the same, and the amount thereof with legal interest
thereon shall and may be recovered by the said president and
directors of and from such stockholder, or his or her assignee,
in such court wherein the said stockholder may be liable to be
sued for any other debt or claim whatsoever.
7. AND BE IT ENACTED, That the president and di-
rectors of the said company shall keep fair and just accounts
of all monies received by them from the managers, and from
the subscribers to the said undertaking, and of the amount of
the profits or shares that may be. forfeited, and generally of all
monies received by them for the purpose of erecting the said
bridge, and also of alimonies by them expended in the prose-
cution of the said work, and shall at least once in every year,
submit such accounts to a general meeting of the stockholders,
until the Raid bridge be completed, and until all the costs,
charges and expences for effecting the same shall be fully paid
or discharged, and the aggregate amount of all such expenses
shall be liquidated and ascertained; and if after the said bridge
is completed it shall be found that more monies shall remain in
the hands of the treasurer than are necessary for the payment
of all charges and expences incurred in and about erecting the
said bridge, the surplus shall be returned as part of the divi-
dend due and payable to the stockholders respectively; and if
it should appear that the said capital stock will be insufficient
to complete the said bridge, according to the true intent and
meaning of this act, it shall and may be lawful for the said di-
rectors and company, at a stated or special meeting to be con-
vened according to the provisions of this act, or by their own
by laws, to increase the number of shares to such an extent as
may be deemed sufficient to complete the work, and receive
subscriptions, and demand the money subscribed for such
shares in like manner, and under like penalties as are hereby
before provided, or shall be provided by their by-laws.
8. AND BE IT ENACTED, That the said bridge shall
be built in the most secure and substantial manner, and shall
be secured and supported by good and sufficient abutments or
piers, and shall not be less than eighteen feet wide with railing
on the said bridge at least four feet high, and that the said
bridge shall be preserved in continual repair.
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Dec. Sess.
1815.
Proviso.
Instalments
--delinquents.
Annual
statement of
accounts and
costs—surplus
—shares may
be increased.
Abutments
or piers.
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