The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1819-07-07
LAWS


PUBLISHED BE AUTHORITY.
nridse over the Esstsru Branch Of fosemsc. Be.
tweenFleventh and Twelfth streets Efst, IN the
City ofWsshing,on.
BE ~ Asas.ed ~ tie Sssase and House of.
RefsrfsrrsdAves ef me Uaifed Sfates IF Anse'
yica in congwss assem6ied, That the follow.
ing persons, tix William Prout, William
Msseary, Sa@~Ai ". SmalIwood, Timothy
VIM, and Adam Lindsay, or any three OF
fcm, Dc, and are hereby, constituted board
W commissionsrs, with fell power and su
thosity 10 opcas or cause to be opened, books
fss receiving and entesing subscripuons, fot
:aising capital stock, not exceeding twenty
Gee thousand dollars, 10 shares Of ons hun
'drsd dollars each, for the purpose Of erecting
a bridge between Eleventh & Twelfth streets
East 10 enc City Of Washington, over the
Eastern Rfsnch, 70 the most convent land.
ing on the opposite shore, and making sue
O:hec Incidental works, and dcfrsying NC
olhEt incidental expenses, ~ shall be requ.s
ed by this act, or deemed necessary OF expe
dient by the company, hereinafter named;
the time, place, and manner, Of receiving
and cnledng such subscriptions, to be sscer-
tanned oy the said board Of commissioncrs,
and duly advertised IN such newapspers as
they may deem expcdicnt Provided, That
the time TO be fixed upon, by the .s,d board
Of conimissioners, for opening hooks Tor re.
ceiving said subscriptions, shall be on OF be-
fore the second Monday N March oext; end
that no subscriptiun shall be received. unless.
the sum Of ten dollars be FIRST paid into the
hands Of the person authorized TO receive the
samc, on each share subscribed for.
Sec. 8. And Sc is Jrrthev enacted, Tha,
whenever TWO hundred Of tho said shares
ahnIl be subscribed for, all persons who may
then be, or thereafter may become, the actual
holders or proprie.ors OF sharsS IN the said
capital stock, either as subscribers tor the
same, Or as the legal representatives, success.
sors, or assignces, Of such subscribers, shall
be, anc they are hereby, made and created a
body polite and corporate, BY the name and
ssyle Of /" The Navy Yard Bridge Company;"
and by that name may sue and be sued, i'm
plead and be implicated, and do and suifer all
sct, .,.auers, and things, which . body polite
and corporate may lawfully do and suffe' |;
and may have common seal, and the same
may break and slter at pleasure, and may
make all by laws, roles nnd regulations, and
ordinances, for the good government Of said
company, and for car ying into effect the OBJ
iects Of their institution, SO that such by laws,
rules regulations, and ordinance ., be no, res
pugnan. to the laws of the United States In
force wi,hio the District IF Columbia.
Sec. 3. .6,sd be IL further enacted, That at
al! elections for directors ard officers Of said
company, each and every member OF the said
company shsll be entitled to a. many votes as
he or she may hold shares Of the capital stock
of said company, and may vote BY proxy, exc
cuted under their hands aud scale, 10 the pres
euce Of two Witnesses and that when two
haadsed Of the said shares shalt be subscrib-
ed for, as aforesaid, or - soon after ~ rnsy
be, the said board Of commissioners shall call
meeting OF the company, at some convenient
place Ia the city Of Washington, giving At
least three weeks notice thereof, b public
advertisement, 10 one or moro newspapers
poblished 10 the District Of Ceismbia and
tho said company shsii than and there elect,
By ballot, ave directors and . treasurer; sud
such other officers, agents, and sesvants, %
the company may think fis to appoint; aud
as soon thereafter a. . board Of directors
shalt be formed, they shall elect ono Of shels
body to be president Of the said board Of DIR.
ectors and all the powers, suthofity, and du'
Ties, uhatsoever, by this act vested in the
said board Of commissioners, shall cease and
de,oemiue, aud theneeforward become vested
in ~ resident end directors for the time be-
ine |be said company; and tho said board
cs 61IInissioncrs shall accooat 20 the presi-
dent aud directors of tho said company, q
their 6rst meeting, Zoe ell moneys received
by them or their agents, on aecouat Of sub.
scripuons, and shall Immediately pay ever
shes ssue to the treasurer Of said company
And the said directors and treasurer shall
hold their Offices until the Grst Tuesday 10
October pexi, and uotil new election shall
be made BY the companr. And there shsI
be boldeo on that day, and, annually ,heresf
,sr, on every first Tuesday IN October, .
meeting Of the said company, fos the purposs
Of elecsiug Eve directors sod treasurer, and
s,her o6>cess snd agents, ss aforesaid.
See. & 40 be a Further enacted, Fhs'
Ne sojd ohafos shsIi be neso,isbis and trans
srsbss koo oas to another, BY assignment
10 wfisSDg, execussd before two witness, 81