The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1866-04-21

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and regulations, determine forthe faithful per-
formance of the several duties to them commit
ted.
SEC. lO.-AND BE 1T ENACTED, That dividends
of so much of the profits of the said company
as shall appear advisable to the Directors, shall
| be declared twice year in every year, and
| paid TO the stockholders on demand, at any
| time at the expiration of ten days therelrom,
| but the dividends shall in no case exceed the
net profits actually acquired by the company.
! SEC. ll-AND BE 1T ENACTED, That teach an
| nual meeting Of the Stockholders the Directors
| of the preceding year shall exhibit to them a
complete statement of the affairs and proceed
! ings of the company, for such a special meet
| ing of the Stockholders may be called by order
of the Directors, or by Stockholders holding
one.fifth in amount of the capital stock, by
! like notice notice as that required for annual
| meetings, specifying moreover the object of the
meeting, but no business shall be transacted at
such special meetings unless majority of the
Stockholders shall attend in person or by proxy.
SEC. l2.-AND BE 1T ENACTED, That the said
company be and they are hereby authorized to
| locate and construct railroad from some con-
venent point at the limits of the city of Balti-
more, to be selected by them to Pikesville, BAL
| timore county, over the Reisterstown turnpike
road, or such other route they may select,
and for such purpose may enter into any con-
| tract with said Turnpike Road Company, with
the assent of said Turnpike Road Company, V,
| upon such terms may be agreed upon be-
tween said companies, and not otherwise, and
may enter upon any land necessary for loca-
Ting, laying out or making the said road,
branches or extensions, another route
| that may be selected and may procure land,
stone, gravel, earth, wood or timber for such
| use, and obtain the right to the same as herein
| after provided.
SEC. 13.--AND BE 1T ENACTED, That the Presi-
dent and Directors of said company may agree
with the owner or owners of any lands, earth,
| gravel, timber other material, or any inn
provements for the construction or repair of
the said road or its works, for the purchase or
| use and occupation OF the same and in case
| they cannot agree or if the owner or owners
or any ofthem be feme c0Ucrt, non compos
| menttS, or out of the State, ON application to
Justice of the Peace OF Baltimore county, he
shall issue his warrant under his hand and
seal, directed to the sheriff Of said county, re-
quiring him to summon jury Of twenty men,
Inhabitants of the county, and each party shall
be entitled to strike from said list the names of
four jurors, and in case the owners of said
lands, earth, timber or other MATERIAL so to be
condemned shall be a minor, non co1npos men
hS, te1pe covert or non resident Of the State,
and not represented by an agent, attorney or
trustee, it shall be the duty of the said sheriff
TO strike from said list the names Of four per-
sons, so as to leave the panel of twelve jurors
not related TO either Of the parties or otherwise
interested in the premises, to meet on the land
to be>valued on day to be specified in said
warrant, not less than five or more than ten
days after issuing the same, and in case any of
the jurors aforesaid do not attend, the sheriff
shall instanter summon as many jurors as may
be necessary with the jurors in attendance, to
furnish panel of twenty jurors as aforesaid,
who shall act in the premises, and the sheriff
shall administer to each of them an oath or af-
frmation as the case NAV be, that he will Just
ly and impartially value the damages and ben
efits which the owner or owners of said lands
will sustain by use or occupation of the same
by the company if required by the party or
parties whose lands are to be affected by their
proceedings or by the said Railroad Company
or their agent or agents, the jurors shall cause
to be summoned such witnesses as the parties
may require, and shall examine them on oath
or affirmation in relation to the value of the
property to be condemned, and they shall re-
duce the testimony, if any is taken by them,
to writing, and after the testimony is closed,
and without any unnecessary delay, and after
having made a fair and just comparison of adj
vantage and disadvantage arising from the
said Railroad, they shall estimate and deter
mine whether any and il any, what amount of
damage has been OF may be sustained by the
said owner or owners respectively, and make
report thereof accordingly; and the said jury
shall reduce their inquistion to writing, shall
sign and seal the same, and it shall then be
returned by the said Sheriff to the Clerk of the
Circuit Court of said County, and by him filed
in his Office, which inquisition shall be con-
firmed by said Court at its next session, if no
sufficient cause to the contrary be shown, and
when confirmed shall be recorded by said Clerk,
but if set aside the same Court shall direct an
other inquisition to take place in the manner
before described, whose decision shall be re-
turned as before directed, and such valuation
when paid or rendered to the owner or owners
of said property, or his, her or their legal rep
resentatives, shall entitle the said Company TO
the estate and interest in the same, thus valued
as fully as if it had been conveyed by the own
er or owners of the same, and the said valua-
tion, if not received when rendered, may atany
time thereafter be received from the said
Company by the said owner or owners,
his, her or their legal representatives pr0ui-
ded that no private property shall be taken by
said Company for the use of the said Railroad,
without just compensation as agreed upon by
the parties, or awarded by the jurors, being
first paid or rendered to the party entitled to
such com penSation.
SEC. 14.-AND BE 1T ENACTED, That on the
completion of the said Railroad, or any sec
tion thereof, it shall and may be lawful for said
Company to demand and receive for tolls and |
transportation of all goods, produce, mercan- |
disc orSproperty Of any kind whatsoever, at the |
rate of not exceeding ten cents per ton per |
mile, and for the transportation of passengers |
not exceeding five cents per mile for each pas |
senger. esA
SEC. l5.-ASp DE 1T ENACTED. That if anv |
person or persons shall wfully break, injure, |
or destroy the Railroad, or any part thereof to |
be erected by the said Company in pursuance |
of this Act, or shall in any manner obstruct |
the free passage along the said Railroad, he, |
she, or they shall forfeit and pay to the said
Company, three times the actual damages so |
sustained, to be sued for, and recovered with /
cost of suit before any Justice of tho Peace, or
in any court having cognzance thereof by ac-
ton of debt or in the case, in the name and |
for the use Of the said Company.
SEC. 16.-AND ENACTED, That this Com
pany shall have power to borrow one hundred
thousand dollars and mortgage the property
of the said Company for that purpose
Sec I7-AND DE II ENACTED, That the Pres-
dent and Directors of said Company shall have
full power and authority to make contracts or
arrangements with any other Railroad Compa
ny now in existence, or hereafter to be con-
structed, for through transportation of passen-
gers and merchandise, and of all property Of
what kind soever in the cars of either Com
pany.
SEC. 1s.--AND ne 1T ENACTED, That the said
Company shall have full power TO purchase
and to hold all real estate necessary for the
purpose of said Railroad, or any of their works,
to buy and build houses aud shops for corpo-
rated purposes, and when the final survey Of
any part Of said road shall be made by the
CouPdny eHSihSSi, Sucu survey small De re-
corded in the Recorders or Clerks office Of
Baltimore county, and the records thereofsha
be evidence of the route and limits of said road,
SEC. 19.-AND BE 1T ENACTED, That the Gen
eral Assembly hereby reserves to itself the right
to alter, amend or repeal this Act, or any part
thereof
Sec. 20.--AND BE IT ENACTED, That the said
road shall be commenced within eighteen
months, and completed in three years from the
passage of this Act, otherwise this chartershal
be null and void.
SEC. 2l.--AND BE 1T ENACTED, That this Act |
shall take effect and have full operation from
the day of its passage. April st.
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