Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1829-02-13
CHESAPEAKE AND OHIO CANAL COMPANY

CHESAPEAKE AND OHIO CANAL coMpANi'
We publish. for the information OF OUT ''''
ers, the following bill, lately reported '"' no"
=, na;u, in The House OF Representatives Of the
United States: :,
ms, .,d N. charter of the Chesapeake and
Ohio Canal Company, and for other purposes
Re- !, enacted by the Senate and House OF
psnre.en,a,;ves Of the Uni.ed States Ut Anne
RIGA in Congress assembled, That the provisions
oG AN ac.. which passed at the November ses>
sion of the General Assembly Of the State oil
MARYLAND, and is entitled "An &C, in favor "f
the Presiden, and Directors Of the Potomac
Company and the Com missioners Of the Fede-
raj Buildings, be taken and adjudged to be ex-
tended 10 the President and Directors OF the
Chesapeake and Ohio Canal Company. and 10
the agents and contractors engaged on any part
of the works Of the said Company within the
Dis,ric, Of Columbia.
Sec. 2. And be il further enacted, That SO
much of The aci, entitled Gan &C, authorising
subscription TO the stock OF the Chesapeake and
Ohio Canal Company" as provides that NOT
more Than one fifth part Of the sum SO SUBJ
scribed shall be demanded in any one year at
ter the organization OF the company, shall be,
and the sane is hereby, repealed, so as 10 leave
the subscription by the United States ON the
same footing, in this respect, upon which that
Of all other stockholders Of the said Company
is now placed by the charter thereof
Sec. g. And be il further enacted, That the
Chesapeake and Ohio Canal Company shall
have power to obtain, IN the manner provided
by the thirteenth section Of the act OF the Ge-
neral Assembly Of Virginia, passed January
,wen,y> ninth, one thousand eight hundred and
,wenty.four, entitled "An act incorporating the
Chesapeake and Ohio Canal Company" to
which, so far as respects the District Of Colum-
bia, the assent Of Congress has hitherto been
given, the said act heing the basis OF the char.
ter of the said Company, such portion OF GROUND
between the line of.ihe said canal and the river
Potomac, within the District OF Columbia, as
may be necessary 10 enable the Company, by
heir Presidrn, and Directors, to sell or let, for
manuiat turing or other purposes, The surplus
water Of the said Canal, with proper sites Tor
the use thereof; which surplus water the said
Company may enlarge at their pleasure, by
means of the authority now vested IN them.
Sec. 4. And be it further enacted, That the
said Company may, in like manner, obtain any
ground covered with water, or o'nerwise cir
cumstanced, which they may need for the Tor
nation Of basins or moles; aud, in consideration
of their giving greater strength to ht latter,
nav afterwards let, for wharves, or other USE
full buildings, such lois as they may retain or
improve on any such routes on the margin OF
anv such basins. And, wherever the interests
of he said Company may, in the opinion OF The
Pre- siden, and Directors aforesaid, be thereby
promoted, they may purchase aud hold, sell,
or let ,he whole Of any lot or tract OF land
through which the said canal may be con.
Quoted.
the gre aIer security and comfort Of travelling
as well a, to obviate any obstruction to The use
of STEAMBOATS,, or other boa,s having masts
Their, in, the said Company shall have liberty 10
institute, at the company's expense. on all pub.
lie reads crossing the said canal, FERRIES in lieu
of bridges, over the same; and 10 make such
bargain with the private holders Of such tracts
of lads as may be di, ided by the said canal,
and no, acquired by thu frs, section of This act,
for the subs,itu ion Of an adequate considera-
lion for the use Of fry or bridge across the
canal; and, IN case the proprietor and The COM
pany shall not be able 10 agree upon reason.
able consideration for the damages which such
D. oprie,or might sustain for want OF such
bridge or ferry, he same proceedings ma! be
lad Tor the assessment aud payment OF such
damsgr, as are provided by the thirteenth sec
ton Of the aforesaid act Of ,he General Assem-
bly, of V'rs MA