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Powers, &c.

bills of a certain denomination.

one hundred dollars each. And said Bank shall be established at Eastport in the County of Washington.

SECT. 3. 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 entitled "an Act to regulate Banks and Banking," passed the thirty first day of March one thousand eight hundred and thirty one.

SECT. 4. Be it further enacted, That the said Bank Shall not issue shall not emit, issue or pay out, or receive in payment for debts due the Bank, or on deposit any bill or note other than of the denomination of five and ten dollars and their multiples.

Annual meeting, &c.

First meeting.

SECT. 5. Be it further enacted, That a meeting of the Stockholders shall be held annually on the first Monday of October, at such place as they shall previously direct, and at such other times and places as shall be appointed by the Directors for the time being, by public notification fourteen days previously. At said annual meetings a Board of Directors shall be chosen, by ballot, to continue in office for the ensuing year and until others shall be chosen in their room.

SECT. 6. Be it further enacted, That the first meeting of said Corporation may be called by any three of the persons before named, by publishing the time and place thereof fourteen days previously in any newspaper printed in Eastport. And, at such meeting, a Board of Directors may be chosen and any other Corporation business transacted.

Chapter 211.

AN ACT to incorporate the Lafayette Bank.

Approved April 1, 1836.

rators,

SECT. 1. Be it enacted by the Senate and House of Representatives, in Legislature assembled, That Thos. A. Hill, Wil- Names of Corpoliam L. Walker, Moses L. Appleton, S. H. Blake, Levi Bradley, George Starrett, Chas. H. Hammond, Reuben S. Prescott, Stevens Davis, D. W. Bradley, Wiggins Hill, John A. Poor, George Waugh, Alexander Savage, William B. Reed, Samuel Hudson, Daniel Emery, Joseph C. Steveps, Rob't Long, William Hammatt, their associates, successors and assigns be, and they hereby are created a Corporation by the name of the President, Directors and Corporate name. Company of the Lafayette Bank, and shall so continue until the first day of October, one thousand eight hundred and forty seven. Provided, that the persons above named, or such of them as may be living, at the time, when said Corporation shall go into operation, shall become stockholders in said Bank, to the amount of, at least, fifty per centum of its Capital Stock, and continue to hold that proportion of said stock, from the commencement of the operations of said 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 of said Bank shall consist of one hundred thousand dollars, in gold and silver, divided into shares of one hundred dol

lars each, and said Bank shall be established at Bangor in Location. the County of Penobscot.

SECT. 3. Be it further enacted, That said Corporation Powers, &c. shall be entitled to all the powers, and privileges, and be subject to all the duties and liabilities, specified in an Act entitled "an Act to regulate Banks and Banking," passed the thirty first day of March one thousand eight hundred and thirty one,-Provided, that said Bank shall not emit, issue, pay out, or receive in payment for debts due the Bank, or otherwise, any bill or note of a less denomination

Proviso.

than five dollars, and increasing only by five or ten dollars to the higher denominations.

SECT. 4. Be it further enacted, That a meeting of the Annual meeting. stockholders shall be held annually, on the first Monday of October, at such place, as they shall previously direct, and at such other times and places, as shall be appointed by the Directors for the time being, by public notification, fourteen days previously. At said annual meeting a Board of Directors shall be chosen, by ballot to continue in office, for the ensuing year, and until others shall be chosen in their room.

SECT. 5. Be it further enacted, That the first meeting of First meeting &c. said Corporation may be called by any three of the persons before named, by publishing the time and place thereof fourteen days previously, in any newspaper printed in Bangor. And at such meeting, a Board of Directors may be chosen, and any other Corporation business transacted.

tal stock 25,000.

Chapter 212.

AN ACT to increase the Capital Stock of York Bank.

Approved April 1, 1836.

SECT. 1. Be it enacted by the Senate and House of RepreIncrease of capi- sentatives, in Legislature assembled, That the President, Directors and Company of the York Bank, be and they hereby are authorized to increase their Capital Stock by adding thereto the sum of twenty five thousand dollars, in shares of one hundred dollars each, to be paid in on or before the first Monday of October next.

SECT. 2. Be it further enacted, That the Directors or a majority of them together with the Cashier of said Bank, shall within ten days from the payment of said additional To transmit a cer- Stock, transmit to the Secretary of State a certificate under their hands, verified by oath, specifying upon what day or days the same was paid in; and said additional Capital Stock shall be subject to all the limitations and liabilities,

tificate, &c.

and entitled to all the privileges specified in an Act entitled 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.

bills of a certain

SECT. 3. Be it further enacted, That said Bank shall Shall not issue not emit, issue, or pay out, or receive in payment for debts denomination. due the Bank, or otherwise, any bill or note of a less denomination than five dollars, and increasing only by five or ten dollars to the higher denominations.

Chapter 213.

AN ACT to incorporate the Norridgewock Mill Dam Company.

Approved April 1, 1836.

rators.

SECT. 1. Be it enacted by the Senate and House of Representatives, in Legislature assembled, That Asa Clark, Samuel Names of CorpoSearle, Amasa Manley, Thomas J. Copeland, Joshua Gould, Simeon Robbins, Benjamin Hilton, Jason Morton, Thomas C. Jones, Amos Townsend, William Hilton, Daniel Woodman and Ebenezer T. Witherell, their associates, successors and assigns, be and they hereby are created a corporation by the name of the Norridgewock Mill Dam Com- Corporate name. pany, with power to construct and maintain a dam across the Kennebec River, in the town of Norridgewock, at a place not exceeding eighty rods above the toll bridge in

that town; and said Corporation may dig such canals, Powers, &c.] erect such mills, works, machines and buildings, on their own lands, or on such lands as said Corporation may obtain permission from the owners thereof in writing, as may be necessary for manufacturing purposes and other branches of trade-and for this purpose shall have power to purchase and hold real and personal estate, to an amount not, exceeding two hundred thousand dollars, in value, and shall have power to give, sell and dispose of the same, and shall have all the powers and privileges and be subject to all the duties and requirements, ex

Proviso.

Corporation hol

ges, &c.

pressed in the several Acts of this State defining the general powers and duties of manufacturing Corporations, and also to an Act concerning Corporations passed February the sixteenth one thousand eight hundred and thirty six. Provided, said dam, canals and other works connected therewith, shall be so constructed as not to impede the usual passage of logs, rafts and other lumber floating down, and the free passage of boats up and down said river. SECT. 2. Be it further enacted, That said Corporation den to pay dama- shall be holden to pay all damages to the lands of individuals or corporate property, by reason of flowage or otherwise occasioned by said dam, canals or other works, constructed by said Corporation. And if such individuals. or Corporation, shall suffer damages in consequence of such dam, canal or buildings, and do not agree upon the es when parties amount of damages claimed of said Corporation, the same course shall be pursued for the recovery and collection thereof, and the same proceedings shall be had in all respects in regard to such claims, as are provided for similar claims, in the Act incorporating the Kennebec Dam Company.

Proceedings in regard to damag

cannot agree,

build.

&c.

first meeting, &c.

SECT. 3. Be it further enacted, That four years from Time allowed to the passing of this Act, be and hereby is allowed to said Company to construct said Dam. And any one of the Manner of calling above named Corporators may call the first meeting of said Company, by giving notice in writing to each individual Corporator seven days prior to said meeting, stating the time place and object of said meeting or publish the same in the Somerset Journal a paper printed at Norridgewock fourteen days prior to said meeting.

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