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hereby authorized to demand and receive from the owners thereof a toll not exceeding the following rates, viz. for transporting the whole distance of said railway, a cord Rates of Toll. of wood fifty cents, Clapboards per thousand fifty cents, Pine Shingles per thousand ten cents, Cedar Shingles in bundles twenty cents per thousand, Laths eight cents per thousand, tons of Timber, twenty cents per ton, Boards and Plank per thousand feet board measure fifty cents, and eight cents per thousand to be added, if the company pile the lumber, Hogsheads twenty five cents each-Barrels eight cents each, bags containing two bushels of salt, grain or other articles, six cents each, bales of dry goods of common size twenty cents each, Logs, transported from still-water to the Union or the Lafayette mills, thirty seven cents per thousand feet board measure; Provided, that Proviso. after the expiration of ten years from the passage of this Act, the above rate of tolls shall be subject to further regulation by the Legislature.

Rail Road, &c.

SECT. 6. Be it further enacted, That said corporation shall constantly, from and after the time when they commence the taking of toll for transporting any of the articles Corporation aforesaid, have and maintain in good repair and fit for use, shall maintain a a good and convenient [rail] road, constructed of suitable materials; and provide fit vehicles and carriages, with all necessary apparatus for the safe and speedy conveyance of all such articles as they may be required to transport upon said railway; and shall be held and obliged to take charge of, and convey the same accordingly, the toll therefor having been first paid or tendered.

struct the Pub

SECT. 7. Be it further enacted, That the powers granted by this Act shall not be so construed as to permit said Corporation corporation, by their railway aforesaid, to obstruct any shall not obexisting public road, or to impede travellers from passing lic road, &c. thereon with ease, safety and convenience, or to preclude the town or county, in which said railway may be, from locating and establishing any highway, or town or private. way wherever they may judge the same to be of common convenience and necessity.

372

First meeting.

Grant to be void unless.

CUMBERLAND INSURANCE COMPANY.

SECT. 8. Be it further enacted, That William DeLesdernier may call the first meeting of said corporation by posting up notifications of the time and place thereof in two public places in said town of Calais ten days prior to the time of said meeting.

SECT. 9. Be it further enacted, That unless said railway be completed within three years from the passing of this Act, then this grant shall be void.

SECT. 10. Be it further enacted, That the powers granted by this Act shall not be annulled by the Legislature.

except, &c.

CHAPTER 239.

AN ACT to revoke the Charter of the Cumberland Insurance Company.

Approved February 20, 1822.

Be it enacted by the Senate and House of Representatives, in Legislature assembled, That the Cumberland Insurance Company incorporated the thirteenth day of March one thousand eight hundred and twenty one, shall, at their own

request, from the passing of this Act, cease to be a corpoShall cease to ration; except that they shall continue corporate during be a corporation the term of two years from the passing of this Act for the sole purpose of collecting their debts, selling and conveying their property and estate, and remaining liable for the payment of all debts due from said corporation; of being capable of prosecuting and defending suits at law, choosing Directors and other officers for said purposes, and of closing their concerns.

CHAPTER 240.

AN ACT to incorporate the Saco River Bank.

Approved February 21, 1832.

rated.

SECT. 1. Be it enacted by the Senate and House of Representatives, in Legislature assembled, That Isaac Lane, Ellis Names of perB. Usher, Jabez Bradbury, William Moulton, Samuel Brad-sons incorpoley, James Atkinson, Paul Woodman, Nathaniel J. Miller, John Woodman, Sewall Woodman, Joseph Howard, Joseph Hobson and Moses Swett, with their associates, successors and assigns, be and hereby are created a corporation by the name of the President, Directors and Company of the Saco River Bank, and shall so continue until the first day of October one thousand eight hundred and forty seven. Provided, that all the persons above named, or Proviso. such of them as shall be living at the time when the said Bank shall go into operation shall be Stockholders to the amount of at least fifty per centum of the capital stock, and continue to hold that proportion of said stock from the commencement of the operations of the Bank until the whole capital, named in the second section of this Act, shall have been paid into said Bank.

SECT. 2. Be it further enacted, That the capital stock Capital Stock of said Bank shall be fifty thousand dollars, divided into to be $50,000 -and divided five hundred shares of one hundred dollars each. And said into 500 shares. Bank shall be established in the town of Hollis in the County of York, at Salmon Falls in the town aforesaid.

Annual

SECT. 3. Be it further enacted, That a meeting of the stockholders shall be called, at such place as they shall direct, on the first Monday of October annually, and at meetings. such other times and places as the Directors, for the time being, shall appoint by fourteen days previous notification. At said annual meetings five Directors shall be chosen by ballot to continue in office one year, and until others are chosen in their stead.

SECT. 4. Be it further enacted, That said corporation shall be entitled to all the powers and privileges, and subject to all the duties and liabilities, specified in an Act en

Powers, priv

ileges, &c.

374

Meeting for

tors, &c.

REPAIR OF ROAD IN DUTTON.

titled An Act to regulate Banks and Banking, passed the thirty first day of March in the year of our Lord one thousand eight hundred and thirty one.

SECT. 5. Be it further enacted, That any three of the persons above named may call a meeting of said corporachoice of Direction by advertisement ten days previous in the Democrat, a newspaper printed in Saco; and at such meeting said corporation may choose five Directors and do any other business, they are authorized to transact at the annual meeting.

expend money

county road in

CHAPTER 241.

AN ACT to authorize the County Commissioners of the County of Penobscot to expend money for the repair of a road in Dutton.

Approved February 21, 1832.

Be it enacted by the Senate and House of Representatives, in Legislature assembled, That the County Commissioners of Commissioners the County of Penobscot be and they are hereby authorauthorized to ized to expend such sum of money from the Treasury of in repairing the said County as they may deem proper and expedient, in Dutton. repairing that part of the County road in the town of Dutton which lies between Kenduskeag stream and Levant village; to be expended under their direction within two years from the of this Act-Provided that this Act shall passage not be so construed as to exonerate said town of Dutton from any obligation or liability in regard to said road incumbent on said town before the passing of this Act-And Provided, that said Commissioners shall not be under any obligation to expend any money as aforesaid, unless they shall decide it to be expedient so to do.

Provisos.

CHAPTER 242.

AN ACT to annex a part of Frankfort to Swanville.

Be it enacted by the

Legislature assembled,

Approved February 21, 1832.

Senate and House of Representatives, in
That so much of the town of Frank-

described.

fort as lies North of Goose pond and West of a line com- Part annexed mencing at the head of said pond, at the East side of James Gilmore's shore lot, and thence running North twenty degrees West, until it intersects the West line of said Frankfort be and hereby is set off from said Frankfort and annexed to the town of Swanville.

CHAPTER 243.

AN ACT to annex a part of Newburgh to Hampden.

Approved February 21, 1832.

Be it enacted by the Senate and House of Representatives, in Legislature assembled, That so much of the farm of Harvey Harding, as lies in the town of Newburgh and adjoining to Part set off the town line of Hampden, be and the same hereby is set off from said Newburgh, and annexed to the town of Hampden.

described.

CHAPTER 244.

AN ACT to increase the Capital Stock and extend the duration of the
Canal Bank.

Approved February 23, 1832.

SECT. 1. Be it enacted by the Senate and House of Representatives, in Legislature assembled, That the President, Directors and Company of the Canal Bank be and they hereby are authorized to increase the capital stock of said cor

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