and countersigned by the treasurer of said company, which certificate shall be transferable at the pleasure of the holder, in person or by attorney, subject, however, to the payments due and that may grow due thereon; and the assignee holding any such 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 just proportion of the said capital stock, and all the estates and emoluments of the company, and to vote at the meetings thereof, as aforesaid.

powers of

directors.

7. And be it enacted, That the said president and directors Duties and shall meet at such times and places, and be convened in such president and manner as shall be agreed on, for transacting their business; 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 shall have full power and authority to agree with and appoint such engineers, superintendents, artificers, and other agents as they shall think necessary to construct the said bridge, and to complete the same, and to conduct the business of the same, and fix their salaries, and to determine the time, manner, and installments 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 required, the same to be signed by the president or chairman and countersigned by the clerk of the board, and to do and transact all matters and things which by this act and the by-laws or regulations of the said company shall be lawful.

in case com

pany and

owners can

not agree.

8. And be it enacted, That after the place for the erection Proceedings of the said bridge shall be fixed as aforesaid, and before the said president and directors shall proceed to erect the same, it shall and may be lawful for the said president and directors to contract and agree with the owner or owners of any lands and tenements, piers, abutments, or other erections, for the purchase of so much thereof as shall be necessary or useful for the purpose of erecting and perfecting 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, 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 all such lands and tenements, piers, abutments, and other erections as shall be necessary or useful for the purpose aforesaid, and shall, according to the best of their skill and judgment, ascertain and estimate the injury and damage that will be sustained by the owner or owners thereof, and shall report what sum shall be paid by the said company for the same, which report shall be made in writing, under the hands and seals of any two of them; and shall return the same, together with a map describing the metes and bounds of such lands and tenements, to the term of the supreme court 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, or tendered to them the several sums awarded to be paid to them in and by the said report, and having also paid 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 tenements, piers, abutments, and other erections, as fully and effectually as if the same had been granted to them by the respective owners thereof; and it shall and may be lawful thereupon, and not before, for the said president and directors to enter upon, use, and occupy the said lands and tenements, piers, abutments,

and other erections, and to commence and complete the erection of said bridge.

ments to be

9. And be it enacted, That the president and directors of Annual statethe said company shall keep just and fair accounts of all made. moneys received by them from the said commissioners, and from the stockholders, and of the amount of the profits on shares 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 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..

10. And be it enacted, That when a good and complete Rates of toll. bridge shall have been erected over the said river Delaware, at the place aforesaid, the property of 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 travelers and others crossing the same, not to exceed the following rates: For every coach, London chariot, phaton, or other pleasure carriage, with four wheels, drawn by four horses, the sum of

For every such pleasure carriage with two

horses,

forty cents.

twenty-five cents.

For every farm or market wagon, with four horses,

For every wagon of the same description, drawn by two horses,

forty cents.

twenty-five cents.

For every chaise, riding chair, sulkey, cart, or

other two wheel carriages, or a sleigh or sled

Proviso.

three cents.

one cent.

For every head of neat cattle, For every sheep or swine, provided, that the said company shall have power to estimate every ox, mule, or other beast of burden, when harnessed to draught carriages, equal to a horse under similar circumstances; and shall cause to be put up and kept up in some conspicuous place at the gates of said bridge, a list of the said rates of toll; and the said company shall so erect the said bridge as not to stop or interrupt the navigation of said river, or prevent boats or rafts from passing the said river. Penalty for in- 11. And be it enacted, That if any person or persons shall wilfully cut, destroy, break, or remove from off the said bridge, or any part thereof, any piece or pieces of timber, plank or planks, stone or stones, chain or chains, bolt or bolts, or any other material whatsoever belonging to said bridge, or otherwise wilfully or maliciously damage the same, he, she, or they so offending shall forfeit and pay for every such of fence, over and above the damages done to the said bridge, the sum of thirty dollars, to be recovered, with costs of suit, by action of debt, in any court having cognizance thereof, by any person who shall sue for the same.

juring works.

Penalty for taking illegal tolls, &c.

Proviso.

Appraisement of damages to be made.

12. And be it enacted, That if the said company, their successors and assigns, or whoever shall own or possess the said bridge, shall collect or demand any greater rates or prices for passing over the said bridge than are hereinbefore prescribed or specified, or shall neglect to keep the said bridge in good repair, he, she, or they so offending shall for every such offence forfeit and pay the sum of thirty dollars, with costs of suit, one-third thereof for the use of the poor of the county of Bucks, in the state of Pennsylvania, one-third thereof for the use of the poor of the county of Mercer, in the state of New Jersey, and the other third for the use of the person who may sue for the same; provided always, that no action shall be brought for such offence unless within sixty days after the same shall have been committed.

13. And be it enacted, That the said president and directors shall have power to agree with any owner or owners of

ferries or shad fisheries that may be injured by the erection of said bridge, and to compensate him or them for any damages that he or they may thereby sustain; and if they cannot agree with such owner or owners, then and in such case the damages shall be ascertained by the appraisement thereof, to be made upon oath or affirmation of three disinterested freeholders of the neighborhood, or any two of them, to be mutually chosen; or if either party, upon due notice, shall neglect or refuse to join in the choice, then the said freeholders to be appointed by any justice of the peace of the county not interested on either side; and the said president and directors, after the tender of the appraised value to the owner or owners, shall proceed in like manner as if the damages had been ascertained by agreement between the parties; provided, Proviso. that after the said bridge shall have been completed, no compensation shall be received by any person for ferrying at any ferry which shall have been purchased and paid for by the said company, under a penalty of ten dollars for each offence, to be recovered with costs by said company, before any court having cognizance of the same.

dividends to

14. And be it enacted, That the said president and direc- semi-annual tors shall also keep a just and true account of all and be made, every the moneys received by their respective collectors of tolls for crossing the said bridge, and shall make and declare a dividend of the profits and income thereof among all the stockholders of said company, deducting first therefrom all contingent costs and charges, and such proportion of said income. as may be deemed necessary for a growing fund, to provide for rebuilding and repairing the said bridge, and shall, on the first Monday in May and November, in each and every year, publish the dividend to be made of the said clear profits thereof among the stockholders, and of the time and place when and where the same shall be paid, and shall cause the same to be paid accordingly.

take effect.

15. And be it enacted, That this act shall take effect when Act, when to the legislature of the state of Pennsylvania shall pass a law appointing commissioners on their part, and vesting like