The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1904-05-28

n ents and at such lines az may he required
By the President and Dire cturs of this Com
parry, and id nstallmrnts may be paid in
cash, real or personal estate or services MS
may he agreed upon with said Preside mt and
Directors; provided said pay ments in real or
personal estate or services are made In ad-
vance of any call OF calls that may be made
for the Instruments unDaid, and provided no
| cash payment shall be demaDdtd on any
insth IIments OF said stock unit 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 pup
lished in Cecil county. Nd and in New CAST
| county. delaware; and II An, subscriber shall
TAIL or neglect IN Ia, any installment or any
part OF said subscription Tor the space OF
veniy days after same shall bt 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 he so by said company for Its own
bereh {; but the President and Directors may
waive such forfeit on such terms as hey may
deem proper.
Sec g. And be it enacted, That as soon as
u shares of the capital stock of said COM
pany shall hav" Zen subscribed he said COM
missioners or Il majority or them, shall call
general meeting of said subscribers at such
time and place as they may appoint. and at
such meeting shall deliver said subscription
books ov rt said subscribers there present
and maj orty of them shall proceed to elect
five directors of said company by ballot (each
he has subscribed for) to manage the affairs
of said company. either from among the said
direct ors or elsewhere. ANY three ~ of said
commissioners may be b, said subscribers Sc.
lected for judges of said first election of
directors
Sec. 10. And he it enacted, That said Pre-
sident and Directors or n majority OF them
may appoint all such orfcers, 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 saT G to change. alter or dis
charge at their pleasure. They shall have
power to make all by laws necessary for
exercising the powers OF the company, and
for carrying out the object thereof They
shall fix all rates charges and tolls upon
freRhts, 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 or
passengers or cars as the interestof the com.
pany would indicate; provided said tolls are
not over hve(S cents per mile or b fraction OF
mile for passengers. II the passenger does
not ride mile, nor over twelve 10 cents per
ton, per mile for grain and merchandise In
car load lots and when II IL 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 NAV connect with any other railroad
and railways. steamboats,, or transportation
companies now organized or which may be
hereafter organized
Sec, IL. And be it enacted. That said COM
pany ia authorized and empowered to build
ways ard this company Is also authorized and
empowered to usc any portion of the public
roads, str, cts, ALLEYS and highways in Cecil
county for ther railroads and railways. pro-
having jur diction over said public roads,
streets, alleys and hRhwa, may first he OBJ
tanned; AID for the purpos" of obtaining
rights of way, where said G rnpan, cannot
agree with the %" n"- o. ownc'so band or
when the owner or owners are fcme covert,
under age, non compos mentis. or under LEGAL
disabilities, said COMPANY NAV proceed 10 CON
denim ami quirC the use Their" in til. man
ner provided in Article "a of the Code of
Public Laws of tn" State of Mary land. and
said comran, is further authorized tn erect,
construct md lay and operate in Cecil county
lines az "'" ""les and other appliances nee
esSary 10 supply, use aud Furnish electricity,
81 ctric current for their own use and may
charge for the use thereof as may be agreed
upOu
Sec. 10 After the stock subscriptl"n book
is turned over by The commissioners to the
Roard of Directors OF this COMPANY, said
Board of ir' ctnrs or their author Hcd aptn'
NAV receive subscriptions Tor stock To be
PAD In cash or in real or personal estate; the
provisions of this t"apply to Cecil county
only.
Sec. "A And he il enacfed. That this Act
shall tai effect from the date of it's passage.
Approved April l2. 1874.
- EDWIN WAKEFIELD,
(SEaIN Governor.
GEORGEY EVERH ART.
- y ~ Speaker of the House of Delegates.
SPENCER c JONES,
President OF the Senate.
]. Thomas Parran, Clerk of the Court OF
Appeals OF Mary land do hereby certify that
the ioregong is tull and true copy of the
Act of the General Assembly of Maryland of
which purpnrts to be copy, as taken from
me Original Law belonging to and deposited
IL the office OF the Clerk Of The Court of APP
peals aforesaid
In Testimony whereof | have
hereunto SET my hand as Clerk and (SEN
aitix the sea of the said Court of
Appeals, this 9Th day OF May, A. ~ ~
D., 1904,
THOMAS PARRAN.
Clerk Court OF Appeals of Maryland