Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1817-03-15

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,psning such canal, or in r,,, ~. 81
such works, than had beea Lcr,s, '''
5idered and valued, it Shall ANA W.
ne lawful for sach proprietor az , T''
as such new damage shall happen
application to, and warrant fYnm ~
two justices of the county wl.rr. ny "
lands lie, to have such FATHER DAM
valued in like manner, and to ,cc,;:'
and recover the same of the said nv
sident and directors bu. not5'.
herein contained shall. be taken >,
construed to entitle tue proprietor .,
any such land to recover GomDensatio,
for any damages which may han,.a
to mills, forges. or other works or In
|provements, which shall be begin q,
erected by such proprietor, after sr.h
first valuation. unless the same d,
mage is wilfulIy or m4Iiciouslv dor,
by the said president and directors, 6,
some person by their authority.
And be it enacted, that tie said mr..
sident and directors or majority ot
them are hereby authorised to agres
with the proprietors f. the purrhass
Of quantity of land not exreedirs
three acres. near the pace of the r..
ceipt Of tolls aforesaid, f,r the parpqs
Of erecting necessary Buildings; ard,
in case of disagreement, o. am Of tie
disabilities aforesaid, or the pro2rie.
tor being out of the state, then sAcb
land may be valued, Condemned, and
paid for as aforesaid, for the purpose
aforesaid and the said COM. ny
shall upon payment o. the valuation
of the said land, be seized thereof in
ice simple as aforesaid.
And be it further enacted, that the
water, or any part thereof, conveyed
through the said canal, and which NAV
not be necessary for the purposes Of
navigation, may be used by the said
president and directors for any water
work or other purpose, as they may
deem most conducive TO the interest 0s
the stockholders of the said company.
BE it further enacted, that the stock
Of the said corporation shall be as
lsignable and transferable, according
TO such rules and regulations as shall
be prescribed by the laws and crdi-
Inances of the same.
And be il enacted, that, if the said
capital shall prove insufficient, it shall
and may be lawful for the said COM
|pany, from time to time, to increase
the said capital by tho addition Of 50
many more whole shares as shall be
adjudScd necessary by the said pre-.
prietors. or a majority of them, hold
ing at least three fifths of the stock
subscribed, present ar any general
meeting Of the said company, and lie
said president and directors, Or a a!-
,jority of them, are hereby empowered
and required. after giving at least one
months notice thereof in the several
newspapers aforesaid, to open books
in the before mentioned places. Ilr
receiving and entering such addition
al subscriptions, in which the propri-
etors of:hc said company, for thu time
being. shall and are hereby declared
10 have the preference of all o;lsrs,
for the first ten days after he said
books shall be opened as Aforesaid, Il
taking and subscribing for 50 many
whoies shares, as any Of them shall
choose. And the said president and
directors are hereby required to Oh
serve. in all other respects. the same
rales therein, as are by this act pre-
scribed for receiving and adjusting
the first subscriptions aId all pro-
prietOrs OF such additional SHARES
shall and they are hereby declared u
be from thenccforward Incorporated
into the said company. Aud II is
hereby declared and enacted that the
tolls, hereby allowed to b. demanded
and received by sad company Tor
passing said canal and works. are
granted and shall be paid Gil condition
only, that the said company shall
make the said canal and works well
capable ofbeing navisated by vesssela
drawing thirty inches water, with
sufficient locks if necessary, ard CO,
pahle of conveying vessels or RATS
drawing thirty water at the
least.
And be il further enacted, that So
soon as the said canal aud works
shall be completed. the president and
directors aforesaid saaIl maze report