The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1837-03-17

bo' e1ceeoihe cents a mile per ton OF two thou
sand pounds for transportation, and not exceeding
SIX cents mile tor each passenger, until the nett
profits arising from The charges Tor Transportation
snail amount 10 sam equal TO the capital stock
expended, with SIX per ccutum interest thereon
from the time the money was advanced bv tho
stockholders OF said corporation untI reccivad
back in nett profits. But when the nett nro6t,
received aforesaid, shall nave amounted 10 a
sum equal 10 the capital stock expended. u i,h six
per centum interest thereon as Aforesaid :ben tho
charges for transportation shall BE- 50 reg ulasd v
said corporation, shall not exceed uDon lie
whole capital stock expended, Tier decnctlug all
charges and expenses whatever for ketp ping said
rosds IN repair and for other purposes ur the nsa
oil said roaGs per centum interest upon the whole
capital stock expended by said corporation ss
aforesaid.
b. BE Il further enacted, That the directors afore.
said for the time hclng are hereby authorised 10
erect toll yates and establish warehouses and s,ch
other buildings, as they may deem necessary. for
the use Of said road or roads, and appoint toll
keepers and other agents to attend TO The regula.
tons required by said corporation from time 10
time, as the work Of said roads shall be conlpIe,rd
and they shall, from year 10 year, make reportto
the Legislature under oath Of their acts and CO.
ings, OF their receipts and expenditures, under the
provisions Of this act; and their books shall at all
tunes be open 10 the inspection Of any committee
81 the Legislature appointed for that purpose. And
if said corporation shall neglect or refuse to make
such report at the General Assembly in each and
every year such neglect OF refusal OF said corpora
ton shall be liable 10 pay to the use Of the State
sum not exceeding ten thousand dollars, to be
recovered upon an action of debt in the name of
the Governor of the State for the time BEING in
any Court of record Of this State
!. BE II further enacted That said CORPORATION
shall be holden TO pay all damages that elav arse
TO any person or persons, corporation or CORPORA
tons. by taking their lands Cor said III roads and
when said lands cannot he obtained bv voluntary
agreement, the damages 10 be estimated and re-
covered IN manner and form as follows: That in
case OF disagreement BY the parties, either NAV
apply TO the next succeeding County or Suporior
Court Of the County in winch such land lies. for
Jury of twelve freeholders, who shall 90 upon tha
iands and value The same or make an ass ssment
OF such damages, as the case NAV be /; as by them
shall! be considered inst and equitable, and who
shall make such valuation or assessment unon OATH
which oath shall be administered to them by the
Sheriff; and the Court at the time such applica-
ton Is made, shall order and require the Sheriff
forthwith TO summon Jury of weIve frteho!ders.
uncopnected with either party, " no shall 81, tho
SleIl1
SO TO summon said Jury, within fifteen DAYS from
The end of the term of said Court, view the lands
! through which said road IS to nun; aud IN esiima
ting the value or damages, as the case NAV be. of
said lands they Shall have regard to the additions
al value which may be conferred upon them By
the construction Of said road: Prorided ko,reter.
that the party applying for the Intervention OF such
jury shall give the adverse party at least five DAYS
notice OF his, her or their Intention to make such
application and the said corporation shall within
thirty days from such assessment or valuation.
pay io the owner the full amount OF The same
And The Sheriff shah require from the Jury writ
ten statement OF their valuation or assessment.
signed BY the whole of them; which statement of
their valuation or assessment is hereby required
and directed, tngethor With his other PROCEEDINGS
had upon tie same, 10 return 70 the next term of
said court; and that the clerk thereof is here by re-
quired TO record the said proceedings al u leneth
upon the minutes OF said court: frOcidt9 gerfr.
theiess, that nothing herein contained SHALL pre-
vent the party dissatisfied, from The right Of ap-
pealing a. in other cases Of like nature.
5 Be il further enacted, That land or other
property or estate OF any married woman. intan.
or person non compos mentis, which shall be ne
ceSsary Tor constructing said ROADS, the husband
of such married worlau or the guardian of such
infant or person non cornpos me1tis may release
all damages in relation to such lanes nr estate. to
be taken and appropriated as aforesaid, as they
might DO It the same was holden by them in their
own right respectively.
=. Be Il further enacted, That il any person or
persons shah wllltuily, malicousy or eantonly
obSiru't the passage OF any earrsge on said roads,
or IN any way splll, iujGre or destroy the same,
any paTt thereof, or any implement or fixture be-
longing thereto for the use OF said roads he, she
or they, az any person or persons assisting. aiding
or abetting in such ,respaSs. shall forfeit any nav
to said corporation for such off.nce treble such
damages as shall be proven before any Justice of
the peace csurt of record in this State, having
jurisdiction Of the same, TO be recovered upon an
action Of debt, 10 the use AZ the corporation and
snch offender or offenders shall be further liable
to indictment within the county where such tres
I pass shall have been committed contrary TO The
before reclled provisions, and unon conviction
thereof be fined or Imprisoned al the discretion OF
the court.
10. lie il further enGc'sd, That the Stockholders
of said corporation, shall on the first Monday In
November, IN each and every year, hold IN the
town of Fayetteville an animal general Meeting,
but which may be altered 70 any other day by said
stockholders, majority thereof agreeing to the
same, and at which annual or general meeting thu
stockholders shall, by ballot, elect seven directors
as Aforesaid; aud said directors, so elected, shall
appoint their president and other officers. as ia
herein before directed. Eaclrpreprie,or or stock
holder, for his, her or tlloir share owned IN ss,1
corporation, shall be enli'led to one vote for every
share as far as five shares, oyer hye, and no, ~
ceedlng twenty, three votes; for every ten shares
over twenty, aud NOT exceeding 6ity two votes
fer every ten shsrCsogtr ity, and nol exceeding.
one hundred, one vote, TOT every twenty shares
over one INDEED, sgd ~, exceedmg two hund ed,
/ three votes; and To- every ten shares orer r,o
hundred, ono vote; rsetaea, thse no one propr,s.
tor or stakeholder shall 5s entitled IN his ou,,