The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1904-05-14

N ents and at such times as may be required
by the President and Directors of this Com
pany, and said instaliments may be paid in
cash' real or personal estate or services as
Directors; provided said payme in real or
personal estate or services are mace in aa
vance or any call or calls that may he made
for the installments unuad, and provided no
cash payment shall be demanded on any
insta ments of said stock until at least IhIrfy
days notice of such demand shall have heen
lie notice In some newspaper or papers pun-
l1shed In Cecil county. Md and In New CAST E
county, Delaware; and il any subscriber shall
fail or neglect to pay any instament or any
part of said subscription for the space Gf
twenty days after same shall be due and
payable. then the stock on which such COM
thereby be forfeited 10 the COMPANY, and
may be So by said company for It's own
benehi; but the President and Directors may
waive such forfeit on such terms as hey msy
deem proper.
Sec.9 o. And be it enacted That as soon us
l"o shares or the capira' 'tock OF il ",u.-
pany shall have been subscribed the said G M
missoners or ms )rity or them, shall ca u
general meeting Of said Subscribers at such
tmc and place as they may appoint II, ,.L
such meeting shall deliver said suhscrip,'.u
books OVER to said subscribers there Dr. esr,,t
and majority of them shall proceed to ..,,,...
nve directors OF said company by ballet (eirn
shareholder having one vote for eac t,n..
he has subscribed for 20 manage the aft jfS
OF said company, either from among the ~
directors or elsewhere. Any three ~ ct Il
commissioners may be by said subscriber So
ltcted Tor Judges OF said first election IF
directors
Sec. 10. And be it enacted, That said Pre-
sident and Directors or a majority OF "a
may appoint all such officers. engineer,
agents and employees rs they may deem u, u-
essary FOR the transaction of the busines OF
SAID company fix their duties and cumpan-
ehge their snanFS FEY S shall bye
power to make all by laws necessary ,Jr
exercising the powers of the company, and
for carrying out the object thereof Try
thall Fix all rates, charges and tolls upon
freiEhts, passengers and property transport
tation on said railroads or roads, make such
special contracts with other companies or cop
poratons for the transfer of grain goods or
merchandise in bulk. by car loads or :, IS
than car loads and for the transportation OF
passengers or cars as the interest or the cn,ut
pany would indicate; provided said tolls are
not over tvet5l cents per mile ora fractinu Of
a mile for passengers. IL the passenger d '"s
not ride mile, nor over twelve NO ceuls ,,er
ton, per mile for grain and merchandise in
car load lots and when il is transported we
miles or over; when carried less than I've
miles the President and Directors shall ~ Ike
rates for shorter hau's and less than car Dad
lots. at fair prices and may make term nal
charges.
Sec II And be it enacted that said corr,r-
alton may connect with any other raj ,ld
and railways. steamboats,, or transport On
companies now organized or which ma! be
hereafter organize.
Sec, T. And be it enacted. That said e a.
pany is authorized una empowered To h I'D
and operate branch lines of railroads Or rii-
ways aid this company is also authorized and
empowered to use any portion of the public
roads, streets, alleys and highways in Cecil
county for their railroads and railway. pro-
vidtd the consent OF the proper authOri' les
having jurisdiction over said public rnqds,
streets, alleys and HIGHWAYS may first hr ID
tanned; and for the purpose Of obtaining
rights of way, where said company cannot
agree with the owner or owners of lHnN or
when the owner or owners are feme covert,
under age, non compOS mcntis, or unde: L. -ai
disabilities, said com ANY may proceed to IL
denim and acquire the use thereof In the man-
ner provided in Article 2j. of the Cod OF
Public Laws of the State of Maryland. and
said company is further authorized to erect,
construct and Law and operate in Cecil county
lines of wire, poles and other appliances nee
essary to supply, use aud furnish electricity,
eli ctric current for their own use and may
charge for the use thereof as may be agreed
upon.
Sec. l3. After the stock subscriptions book
is turned over by the commissioners 10 thc
Board of Directors OF this Company, said
Board of Directors or their authorized avrnt
may receive subscriptions for stock Ia be
paid in cash or in real or personal estate; the
provisions of this Act TO apply to Cecil county
only.
Sec a. And be it enacted, That this Act
shall tab e effect from the date OF its passage.
Approved April L., 1874.
- EDWIN WAKEFIELD,
SEAL GEORGEY. EVERHART
E/6 ~ Speaker OF The House of Delegates.
SPENCER JONES,
President of the Sc Nate.
J.. Thomas Parran, Clerk of the Court of
Appeals Of Maryland, do hereby certify. mat
the foregoing is a full and true copy o. the
Act of the General Assembly of Maryland of
which purports to be a copy, as taken from
he Original Law belonging to and deposited
IL the office OF the Clerk of The Court of tp-
peals aforesaid
In testimony whereof | have
horeunto set my hand as Clerk and (sE,.N
affi ed the seal of the said Court of 49, J
Appeals, this 9Th day OF May, A. - ~ -
d 1904. -
THOMAS PARRAN.
Clerk Court OF Appeals of Mary and