The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1904-05-21

n ents and at such times as may be required
by the President and Directors of this Com
pany, and said instaments may be paid in
9 w sa Or
Directors; provided said payments in real or
personal estate or services are made in adj
vance of any call or calls that may be made
for the installments unpaid, and provided no
cash payment shall be demanded on any
instalments of said stock until at least thirty
days notice of such demand shall have been
given to the subscribers in person or by pub
lie notice in some newspaper or papers pub
lished in Cecil county. Md and in New Castle
county, Delaware; and II any subscriber shall
tail or neglect to pay any installment or any
part of said subscription for the space of
| seventy days after same shall be due and
payable, then the stock on which such com
mand and default shall have been made, shall
thereby be forfeited TO the company, and
may be sod by said company for its own
benefit; but the President and Directors may
waive such forfeit on such terms as hey may
deem proper
Sec. 9. And be 1t enacted, That as soon as
TO shares of the capital stock of said COM
pany shall have been subscribed he said COM
missioners or majority of them, shall call n
general meeting of said subscribers at such
time and place as they may appoint, and at
such meeting shall deliver said subscription
books Over to said subscribers there present
and majority of them shall proceed to elect
five directors of said company by ballot leach
share-hod der having one vote for eac' share
he has subscribed for) to manage the affairs
of said company, either from among the said
directors or elsewhere. Any three ~ of said
commissioners may be by said subscribers Sc
lected for judges of said first election of
directors
Sec. 10. And be it enacted, That said Pre-
sdent and Directors or majority of them
may appoint all such oficers. engineers,
agents and employees as they may deem nee.
essary for the transaction of the business of
said company, fix their duties and compen
sation and the sane to change. alter or dis
charge at Their Pleasure They shall have
exercising the powers of the company, ard
for carrying out the object thereof They
tha fix all rates. charges and tolls upon
freighis, passengers and property transpor
tation on said railroads or roads, make such
special contracts with other companies or cop.
porations for the transfer of grain, goods or
merchandise in bulk. by car loads or less
than car loads and for the transportation OF
passengers or cars as the interest OF the com.
pany would indicate; provided said tolls are
not over dve(5) cents per mile or h fraction of
mile for passengers. if the passenger does
not ride mite, nor over twelve (l2) cents per
ton, per mile for grain and merchandise in
car load lots and when II is transported five
miles or over; when carried less than five
miles the President and Directors shall make
rates for shorter hauls and less than car load
lots. at fair prices and may make terminal
charges.
Sec Ii And be 1t enacted that said corpor.
alton may connect with any other railroad
and railways, steamboats,, or transportation
companies now organized or which may be
hereafter organiZec.
Sec, 10. And be it enacted. That said COM
pany ia authorized and empowered to build
and operate branch lines of railroads or rail
ways ard this company Ia also authorized and
empowered to uae any portion of the public
roads. streets, alleys and highways in Cecil
county for their railroads and railways. pro-
vided the consent of the proper authorities
having jurisdiction over said public roads,
streets, alleys and highways may first be OBJ
tanned; and for the purpose of obtaining
rights of way, where said company cannot
agree with the owner or owners of land or
when the owner or owners are feme covert,
under age. non compos mentis. or under legal
disabilities said company may proceed to con-
demn and acquire the use thereof in the man
ner provided in Article 80 of the Code of
Public Laws of the State of Maryland, and
| said company is further authorized to erect.
construct and lay and operate in Cecil county
lines of wire, poles and other appliances nee
essary to supply. use aud furnish electricity,
elt ctric current for their own use and may
| charge for the use thereof as may be agreed
upon.
Sec. 10. After the stock subscription book
is turned over by the commissioners to the
Board of Directors of this Company, said
Board of Dire ctors or their authorized agent
paid in cash or in real or personal estate; the
provisions of this Act to apply to Cecil county
only.
Sec. IA. And be it enacted, That this Act
shall tab e effect from the date OF its passage
Approved April IL. 1904.
EDWIN WAKEFIELD,
/rN Governor
SEAL GEORGEY EvERHART,
" 4 ~ Speaker of the House of Delegates
SPENCER C JONES,
President OF the Senate
/, Thomas Parran, Clerk of the Court of
Appeals Of Maryland, do hereby certify. that
the foregoing is full and true copy of the
Act of the General Assembly of Maryland of
which purpOrts to be copy, as taken from
The Original Law belonging to and deposited
in the Office OF the Clerk Of The Court of APP
peals aforesaid
In testimony whereof I have ~
hereunto set my hand as Clerk and (SE.EN
affixed the seal of the said Court OF
Appeals, this 9Th day or May, A. ~ ~
D., 1904.
THOMAS PARRAN,
Clerk Court of Appeals of Maryland