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Session Laws, 1818
Volume 637, Page 56   View pdf image
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1818.

LAWS OF MARYLAND.

CHAP. 102.
Passed Feb. 2 1819

Company to be
incorporated for
making a turn-
pike road.

Subscriptions to
be opened for a
capital of $60,000

dollars.

Persons subscrib-
ing to enter num-
ber of shares sub-
scribed for oppo-
site his name, &c.

When stock is sub-
scribed, subscri-
bers to meet and
organize instituti-
on, &c.

Proviso.

Stockholders in-
corporated.

Subscriptions,
how to be paid.

CHAPTER 102.

An act to incorporate a Company to make a Turnpike Road
from the Public Square in Hager's-Town, to intersect
the Turnpike Road leading from Gettysburg, through Ni-
cholson's Gap, at the Pennsylvania line.
Sec. 1. Be it enacted, by the General Assembly of Maryland,
That a company shall be incorporated for making a turnpike road,
beginning at the public square in Hager's town, and running past
the Gorman Reformed Church in the nearest and best direction, to
intersect the turnpike road leading from Gettysburg, in Pennsyl-
vania, through Nicholson's Gap, in the south mountain, to the di-
vision line between the state of Maryland and the commonwealth of
Pennsylvania.
2. And be it enacted. That subscription papers shall be opened
for a capital stock of sixty thousand dollars, in three thousand
shares of twenty dollars each, under the direction of the following
commissioners, and at such times and places as they may appoint,
viz. Christopher Burkhart, Frederick Zeigler, John Welty, Jo-
seph Gabby, Otho Holland Williams, and Upton Lawrence, or any-
one of them, and any other person which they, or any of them, may"
in writing authorise to receive subscriptions.
3. And be it enacted, That any person subscribing for stock in
said company, shall enter in writing the number of shares for
which he intends to subscribe opposite to his Christian and surname,
and every subscription thus made on the subscription papers, shall
be held and taken as evidence of actual subscription, in every court
of law and equity in this state.
4. And be it enacted, That when the aforesaid three thousand
shares of stock shall have been subscribed for, the commissioners
shall give twenty days public notice in the newspapers printed in
Hager's-town, of the time and place appointed for the subscribers
to meet and organize said institution, and to choose, by a plurality
of votes, by ballot, a president and five managers, (three of whom,
shall be a quorum,) a treasurer, and such other officers as they
shall deem necessary, for conducting the affairs of said company
until the first Monday in May thereafter, and until a new election;
the elections for the officers of said institution, shall be held on the
first Monday of May in each and every year thereafter, (hiring the
continuance of this act, during such hours of the day, and at such
places, as the president and managers may from time to time ap-
point, giving at least twenty days public notice of the same; and in
all elections by stockholders, each share shall be entitled to one
vote; Provided always, that no person shall have more than twen-
ty-five votes.
5. And be it enacted, That the stockholders in said company shall
be and they are hereby created and erected into a body corporate,
by the name and style of The Hager's-Town and Antietam Turn-
pike Company, and by the same name shall have perpetual succes-
sion, and shall be capable of suing and being sued, of answering
and being answered, and of enlarging their stock by new subscrip-
tions, whenever they shall find the same necessary for the comple-
tion of the said road.
6. And be it enacted, That the sums subscribed by the stockhold-
ers on subscription papers, as herein directed, shall be paid to the



 
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Session Laws, 1818
Volume 637, Page 56   View pdf image
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