monwealth of Pennsylvania, shall be authorized to receiv subscriptions to said capital stock, at such times and places a they, or a majority of them, shall direct, giving notice thereo in two of the newspapers printed in the county of Northamp ton, in the state of Pennsylvania, and in two of the newspapers printed in the county of Warren, in this state, for at least twenty days, of the times and places when and where the said subscriptions shall be received, and at the time of subscribing for the said stock, five dollars shall be paid upon each share subscribed for, to the commissioners, or some of them, which money shall be paid over to the treasurer of said company as soon as one shall be appointed, and that the residue of the subStock forfeit-scriptions shall be paid in such instalments, and at such times ed for non. and places, and to such persons as the president and directors payment of instalments. of the company shall from time to time direct and give public notice of, and upon failure of payment thereof, as so directed, for thirty days thereafter, the said president and directors shall have power to forfeit the shares of each and every person failing to pay the said instalments, or any of them, to and for the use of said company; Provided, that if the number of shares subscribed for shall exceed the amount or number of shares authorized by this act to be subscribed for,that then the said commissioners shall apportion the said stock among such subscribers in proportion to the amount or number of shares by them subscribed as aforesaid. Proviso. General Sec. 3. And be it enacted, That when two hundred shares are subscribed for, the persons holding the same shall be and they are hereby incorporated into a company by the name of Style of in "The Carpentersville Delaware Bridge Company," and by that corporation. name shall have perpetual succession, and shall be capable of taking and holding their said capital stock, and of enlarging the same from time to time, by new subscriptions, in such manner and form as they shall think proper, if such enlargement shall be found necessary to fulfil the intent of this act; (provided, such increase shall not, with the original subscription, exceed the aforesaid capital of twenty thousand dollars, and the increase and profits accruing thereon,) shall have authority to erect and maintain a good and sufficient Bridge over the river Delaware at or within a quarter of a mile of Carpenter's Ferry, in the township of Greenwich, in the county of Warren, in this State, and shall be capable of purchasing, taking and holding to them and their successors and assigns, in fee simple, or for any less estate, all such lands, tenements, hereditaments and estates, real and personal, as may be necessary for them in the prosecution of their works, and the same to sell and dispose of at their pleasure, and of suing and being sued, pleading and being impleaded, in all courts of justice or any other place whatever. 4 Sec. 4. And be it enacted, That as soon as two hundred shares Proviso. of the said capital stock shall be subscribed as aforesaid, it shall Manner of be the duty of the said Commissioners to give notice in two or electing more of the newspapers printed in the county of Northampton, officers. in the State of Pennsylvania, and in the county of Warren, in this Statz, of a time and place by them to be appointed, not less than thirty days from the time of issuing the said notice; at which time and place the said stockholders shall proceed to organize the said company, and shall choose by ballot, in person or by proxy, one president, six directors, one treasurer, and such other officers as they shall think necessary to conduct the business of the said company; provided, that no person shall have more than twenty votes at an election, and that each person shall be entitled to one vote for every share by him held not exceeding ten and one vote for every two shares above ten, and not exceeding twenty; and one vote for every five shares above twenty, until the number of votes amount to twenty. Time of annuSec. 5. And be it enacted, That the stockholders shall meet al election of officers. on the first Monday in November, in every succeeding year, at such place as shall be fixed by the by-laws of said company, for the purpose of choosing such officers for the ensuing year. Sec. 6. And be it enacled, That the president and directors, first to be chosen as aforesaid, shall issue certificates of stock to, the several stockholders, respectively signed by the president ferable. and countersigned by the treasurer of the said company; which certificates shall be transferable at his or her pleasure, in person or by attorney, subject, however, to the payments due and that may become due thereon; and the assignee holding any certificate, having first caused the assignment or transfer to be entered in a book of the company, to be kept by the treasurer for that purpose, shall, for every share of stock so held by him or her, be entitled to his or her equal proportion of the said capital stock, and of all the estates and emoluments of the company, and to vote as aforesaid at the meetings thereof. Certificate of stock trans Directors. Sec. 7. And be it enacted, That the said president and direc- Duties and tors shall meet at such times and places, and be convened in powera of such manner as shall be agreed on for transacting their busi- President & ness; at such meetings five members shall be a quorum, who, in the absence of the president, may choose a chairman, and shall keep minutes of all their transactions fairly entered in a book; and a quorum being met, they shall have full power and authority to agree with and appoint such engineers, superintendents, artists and other oflicers, as they shall think necessary to erect and complete the said bridge and conduct the business of the same, and fix their salaries and other wages, to determine the time, manner and proportions; in which the stockholders shall pay the money due on their respective shares, to draw orders on the treasurer for all moneys that may be era of lands on value. required, the same to be signed by the president or chairman and countersigned by the clerk of the board, and to do an transact all matters and things as by the by-laws or regulation of the said company shall be lawful. agree Sec. 8. And be it enacted. That after the place for the erec tion of said bridge shall be fixed, and before the said presiden Proceedings when compaand directors shall proceed to erect the same, it shall and may ny and own. be lawful for the said president and directors to contract and with the owner and owners of any lands and materials cannot agree for the purchase of so much thereof as shall be necessary for the purpose of erecting and completing the said bridge, and making and establishing all the necessary works and roads to and from the same, if they can agree with the owner or owners of the same; but in case they cannot agree, or in case any such owner or owners thereof shall be feme covert or under age, non compos mentis, or reside out of this State, then it shall and may be lawful for the said president and directors to apply to one of the justices of the Supreme Court of this State, not being a stockholder, or otherwise interested; who, upon such application, is hereby authorized and directed to appoint three discreet and disinterested freeholders of this State, who, after being duly sworn or affirmed before any justice of the peace, faithfully to perform the duties enjoined on them by this act, shall proceed to view and examine the said banks, and all such lands and tenements as shall be necessary for the purpose of erecting and completing the said bridge, and making and establishing all necessary works and roads to and from the same; and shall, according to the best of their skill and judgment, ascertain and estimate the injury and damage that will be sus tained by the owner or owners of such lands and materials so necessary to be taken as aforesaid, and shall report what sum shall be paid by the said company for the same; which report shall be made in writing, under their hands and seals or under the hands and seals of any two of them; and shall return the same, together with a map describing the netes and bounds of such lands and materials, to the Supreme Court at the term next after they shall have agreed upon and signed the same; and the said report having been confirmed by the said Supreme Court, shall be filed in the Clerk's Office of the said Court, with the map aforesaid; and the said president and directors having paid the said owners respectively, the several sums awarded to be paid to them, in and by the said report, together with the fees of the said arbitrators, at the rate of two dollars to each, for every day employed in said business, and their necessary expenses, the said company shall be entitled to have and to hold to them and their successors and assigns forever, the said lands and materials, as fully and effectually as if the same had been granted to thein by their respective owners thereof; and in case any owner or owners of such land so appraised, shall be feme covert, under age, non compos mentis, or out of the State, then and in such case, the said company shall pay the amount which has beenawarded to such owner or owners respectively, into the Court of Chancery to the Clerk thereof, subject to the order of said court, for the use of the said owner or owners-all which proceedings shall be had at the proper costs and charges of said company, to be determined by the said justice of the Supreme Court:-provided, always, that should the owner or owners of any such lands, or the said company feel himself or themselves aggrieved by the decision of the arbitrators aforesaid, he or they may appeal to the next Circuit Court in the county where the land lies, reserving to either party the right of trial by jury in said court, and the decision of the said court in the premises shall be final and conclusive, but the party so appealing shall in no case be entitled to costs, unless the award of the arbitrators shall be reversed or altered in favor of the party so appealing and it shall and may be lawful thereupon and not before, for the said president and directors to enter upon the said lands and materials, and to commence and to complete the erection of said bridge. counts to be Sec. 9. And be it enacted, That the president and directors of the said company shall keep fair and just accounts of all Annual statemoneys received by them from the said commissioners, and ment of acfrom the stockholders, and of the amount of the profits or shares made. that may be forfeited as aforesaid, and of all voluntary contributions, and also of all moneys by them expended in the prosecution of the said work; and shall, at least once in each year, submit such accounts to a general meeting of the stockholders, until the said bridge be completed, and until all the costs, charges, and expenses for effecting the same shall be fully paid and discharged, and the aggregate amount of all such expenses shall be ascertained and liquidated. Sec. 10. And be it enacted, That when a good and complete bridge shall have been erected over the said river Delaware at the place aforesaid, the property of the said bridge shall be vested in the said company, their successors and assigns forever; and the said company, their successors and assigns may demand and receive toll from travellers and others, not to exceed the following rates: Rates of toll For every coach, landau, chariot, phæton, or other pleasure for passing carriage with four wheels, drawn by four horses, the sum of over the seventy-five cents. For every such pleasure carriage, with two horses, fifty cents. three cents. tridge. Penalty. Not to exer cise banking privileges. when such excess of debt was contracted, or such excess of notes or other obligations was issued, shall severally and jointly be responsible for all the debts and contracts of the said company. Sec. 19. And be it enacted, That nothing in this act contained shall be so construed as to authorize the said bridge company to exercise any banking privileges whatsoever, or to Act may be issue any notes in the nature of bank notes; And the legisla ture reserve the right of altering, amending, or annulling this charter whenever they think proper. altered or amended. Passed February 21, 1842. Preamble. AN ACT to authorize John Dilts to sell certain Real Estate, WHEREAS, Thomas Wilson, a colored man, now deceased, |