The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1868-11-27

the objec, Of said Company is the trans
poriation Of passengers and freight across
the SusQuehanna River, from Hayre de
Grace IS Perry willie, in Cecil county. and
for such object the said corporation is
hereby authorized TO rent, purchase and
hold unnecessary wharves, buildings, ma
terials, boats, &c. which may be deeined
necessary Cor the transportation aforesaid,
/ See. 8 And be a funkef enacted, ,rha,
the stockholders in said Company shall
annually elect FIVE Directors, one of whom
shall be selected as rresiden, by the Di,
rectolp at their first meeting after such
election, and The said President and Direc-
tors are hereby authorized and empowered
to manage the business Of said company,
to make rules, regulations and BY laws
for the conduction OF its affairs, to appoint
| all officers and agents for The management
If lis business, and 10 fix thei coinpensa-
lions, to make contracts, and 10 regulate
thesalary ofthe President aforesaid, as 10
them may seem expedient. y, - -
Sec 4. And be it further enacted, That
the capital stock of said company shall
not exceed the sum OF twenty thousand
dollars, and the shares shall be one hun
dred dollars each, and for the purpose Of
obtaining them, the said corporators or
any two Of them, are hereby appointed
Commissioners and authorized to receive
subscriptions and payments for ihe shares
ofthe capital stock in said Company, and
SO soon as fifty shares shall have been
subscribed Tor, and the money for the same
paid in, the said Company may commence
operations, and the said Commissioners
shall actas Direelors ofsaid Company,
with Jesse Ellis as President from the
time Of going into operation, for the spcce
of six months, when . meeting uof the
stockholders shall be called, after due no.
tices for the election Of Directors 10 serv,
for die term of twelve months from the
time of their election, and until their sue
bcessors are elected and qualified. 4 .a7aa
lprSec. g.. And be it further enacted, That
II shall and may be lawful for the said COM
pany 10 deuand and receive tolls not 9ex-
eeeding the following rates: For each
two wheel vehicle drawn by two horses,
oxen ormules. the sum Of one dollar and
fftyb cents for each two wheel vehicle
drawn by four horses, oxen or mules, the
! sum Of one tlollar and iwsntv-tive cents !;
for each four-wheel vehicle dawn by two
horses, oxen or nlHles,3he sum of two dol
lars; Cor each four-wheel vehicle drawn
by'ieuf horses, oxen or mules, the sum
OF two dollars and fifty cents; for each
,wo-wheel vehicle drawn by one horse,
oxen orinule, seventy-fve cents for each
horse or mule and rider, thiriy.fge cents !;
for-each head OF horned cattle, fifteen
cents3 for each sheep OF beg, Ten cents !;
for each foot passenger, fifteen cents; and
for all other articles a sum not exceeding
Ave per cent of their value, and il shall be
the duty Of the said company to post in q
conspicuous place at its wharyes and on
its boats, a printed schedule ofi,s charges,
not exceeding the rates aforesaid.
Sec. 6. And, be il further enacted, That
until the regular appointment ofTreasurer.
by the Directors, Lttleton Green is hereby
authorized to receive and receipt for all
moneys that may be paid in under the
provisions Of this Act e. 99
Sec. 2. And be it further enacted, That
the stock of this company shall be deemed
personal estate, aud that all the property,
estate and joint stock Of The company
shall be answefable for its debts and fabiI-
tiles. e ~ ~ a4 s. aaaoosa 1
2 Sec. 3. And be il further enacted, That
in case any Of The Commissioners afore-
said shall die, resign or decline TO serve,
the remaining members are hereby author.
lied and empowered to fill the vacancy.
Sec. 9. And be It fnrher enacted, That
nothing in This Act contained shall be con-
strued as granting banking privileges 10
said Company.
= Sec. 10. Andbe il further enacted, That
ihis Act shall take effect from the date CO q
its passage and .he ri iss. 10 amend, alter
or ANN! . ssss Ast is hereby reserved 70 the
General Assembly . paa aoE SOL I
approved March 20, 1865 gIiigiG 1a
Ii 3-t THOMAS SWAMI,
Governor.