To sell at vendue.

Proceeds, how disposed of.

and sufficient

boom.

ted.

the Counties of Lincoln, Kennebec, Cumberland and Somerset, all such logs, masts, or spars, as shall remain unclaimed and unpaid for as aforesaid. And if at the expiration of sixty days no person shall appear to claim and pay the toll or boomage and other expenses accruing by virtue of this Act as aforesaid, then the person or persons so taking up and securing the same as aforesaid, shall proceed to sell the same at public vendue. And the proceeds of such sale, after deducting the charges legally arising from the provisions of this Act, and the expense of advertising and selling shall be deposited by the Auctioneer in the hands of the Treasurer of the Kennebec Log Driving Company, and said sum so deposited, shall remain in the hands of such Treasurer or his successor in office to be disposed of by said Company agreeably to the Act regulating the same.

SECT. 7. Be it further enacted, That all persons claimShall keep good ing to receive toll or boomage by or under the provisions of this Act, shall be bound to keep and maintain good and sufficient booms for the safe keeping of all such logs, masts, or spars, as may from time to time be taken into such booms except in times of extraordinary freshets. SECT. 8. Be it further enacted, That the toll or boomage Toll, how estima provided for by this Act shall be charged and estimated from the bills of some survey or or surveyors, appointed by the Selectmen of the Town or Towns in which the boom or booms containing such logs which surveyor or surveyors shall be sworn to the faithful discharge of their duties; unless the person or persons so taking up securing and rafting such logs, and the owner or owners thereof shall otherwise agree, and for their services such surveyor shall be allowed and paid the following fees-viz. four cents per thousand feet board measure for viewing and measuring the same and giving a certificate thereof, one half of which shall be paid by the owner or owners of such logs, and the other half by the person or persons so collecting, securing and rafting the same.

Surveyor's fees.

SECT. 9. Be it further enacted, That if any person or persons shall wilfully injure or destroy any boom erected, or which may be erected under any law now existing, on Kennebec River for the purpose of booming and securing logs, or any works connected therewith, or shall in any manner obstruct the passage of logs, timber or other lumber into any boom erected, or which may be erected under any law as aforesaid, he or they shall forfeit and pay c treble the amount of such damage to the owner or owners thereof to be recovered in any Court of competent jurisdiction; and shall further forfeit and pay a fine of not less Offenders shall than ten nor more than fifty dollars, to be recovered by indictment in the Supreme Judicial Court or Court of Common Pleas to the use of the State.

Penalty for injury

pay a fine.

ber who do not

wish to have the

same boomed, to

give notice to

owners of booms.

SECT. 10. Be it further enacted, That no owner or Owners of lumowners of any logs, masts or spars, shall be holden or obliged to pay any toll or boomage, or any other expense arising under the provisions of this Act to any owner or owners, proprietor or proprietors of any such boom or booms; Provided, said owner or owners of such logs, shall before such logs have come into said boom or booms given notice to said owner or owners, proprietor or proprietors any such boom or booms, that he or they does not wish to have his or their logs taken into and secured in such boom or booms and said notice shall be in writing and sufficiently describe such logs by the marks thereon.

of

SECT. 11. Be it further enacted, That the provisions of this Act shall not be so construed as in any way to contravene the operation of any law now in force, to prevent the illegal taking and conversion of any logs, masts, or spars, from the rivers, streams, bays, or inlets in this State.

SECT. 12. Be it further enacted, That nothing contained in this Act shall authorize any person to stop logs, timber or other lumber, the owner or owners of which, shall have given notice in a newspaper, printed in Augusta, Hallowell or Gardiner, three weeks successively, the last publication to be prior to the time in which logs usually commence

running on said river, that he or they do not wish to have their logs, timber or lumber stopped in any of the booms, which may be erected by virtue of this Act, and in said notice shall describe the marks upon said logs, timber or lumber.

rators.

Location and boundaries.

Chapter 231.

AN ACT to incorporate the Proprietors of "Smith's Block" in Bangor.

Approved April 2, 1836.

SECT.1. Be it enacted by the Senate and House of RepreNames of Corpo- sentatives in Legislature assembled, That Samuel Smith and Edward Smith, their associates and successors and assigns, proprietors of the following described real estate situate on the West side of Kenduskeag Stream in the City of Bangor in the County of Penobscot, and described as follows, to wit, situate between the old Kenduskeag Bridge and Smith's bridge so called, fronting on West Market place and known as "Smith's Block,"-be and they are hereby made a body corporate by the name of "Smith's Corporate name. Proprietary," for the purpose of erecting, finishing, altering, repairing, improving, enlarging and furnishing such buildings on the premises above described, and to be used for such purposes, as the Proprietors may deem expedient, subject however to the rules and regulations of the authorities of the city of Bangor.

May hold estate

$300,000.

SECT. 2. Be it further enacted, That said Proprietors may have and hold real and personal estate, not exceeding to the amount of three hundred thousand dollars, and shall have all the powers necessary for the convenient management of said property, and are hereby authorized to make by laws, subject nevertheless to the duties and requirements and entitled to all the privileges of an Act entitled an Act concerning corporations, passed February sixteenth eighteen hundred and thirty six, and an Act additional thereto

passed on the twenty-first day of March in the year of our
Lord one thousand eight hundred and thirty six. Provided, Proviso.
nevertheless, that the members of said Corporation shall be
liable jointly and severally in their individual capacities
for the debts of said Corporation contracted while they
are members thereof.

ed personal prop

SECT. 3. Be it further enacted, That the Stock in this stock to be deemCorporation shall be deemed and taken to be personal erty. property and transferred or sold as such, but subject to taxation as real estate in said City of Bangor, as if this Act had not been passed; and when the Corporation shall be dissolved, the property thereof shall vest in the holders of the shares at the time of such dissolution, according to their respective interests therein subject to the legal and equitable claims of creditors of the Corporation to be enforced according to law.

Chapter 232.

AN ACT to incorporate the Negu mkeag Bank.

Approved April 2, 1836.

rators.

SECT. 1. Be it enacted by the Senate and House of Representatives, in Legislature assembled, That Samuel Redington, Names of CorpoEdward Southwick, John G. Fitch, Ebenezer Fry, William Redington, George W. Pruden, Caleb Nichols, David Folsom, Thomas Carlton, Jacob Southwick, Peter M. Stackpole, Thomas Swan, Jacob Butterfield, George Harris, Amos Stickney, John Collins, Stephen Lowe, Thomas Fry, Stephen Fry, Moses Purinton, Moses Taber, their associates, successors, and assigns be and are hereby made

a Corporation by the name of the President, Directors Corporate name. and Company of the Neguemkeag 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 when said Bank

Capital stock $50,000.

Location.

Powers, &c.

bills of a certain denomination.

shall go into operation, shall become stockholders therein to the amount of at least fifty per centum of the Capital Stock, and continue to hold that proportion 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 be fifty thousand dollars in gold and silver, divided into shares of one hundred dollars each. And said Bank shall be established at Vassalborough Corner in the Town of Vassalborough, in the County of Kennebec.

SECT. 3. Be it further enacted, That said Corporation shall be entitled to all the powers and privileges and be subject to all the duties and liabilities, specified in an Act to regulate Banks and Banking, passed March first one thousand eight hundred and thirty one, and to all other Acts and parts of Acts relating thereto.

SECT. 4. Be it further enacted, That said Bank shall Shall not issue not emit, issue, pay out, or receive in payment for debts 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.

SECT. 5. Be it further enacted, That Samuel Redington, First meeting &c. John G. Fitch, and Edward Southwick, or the major part of them may call the first meeting of said Corporation to be holden at Vassalborough by an advertisement in the Kennebec Journal, printed in Augusta in said County of Kennebec, seven days at least before the time of said meeting.