NAVIGATION COMPANIES. branch of its railroad, beginning at or near the junction of the Location. SECTION 2. And be it further enacted, That nothing herein Contract ex- SECTION 3. And be it further enacted, That the power to revoke this act is hereby reserved to the Legislature. Passed at Dover, March 21, 1867. said be impaired. An Act to amend an act entitled, “An Act to incorporate a Company for the purpose of cutting and making a Canal between the Chesapeake Bay 3 Vol. 170. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met, (twothirds of each branch concurring,) That so much of the first sec Part of NAVIGATION COMPANIES. tion of the said original act as makes or fixes the value of the original act shares of the capital stock of the Chesapeake and Delaware Canal Company at two hundred dollars, be and the same is hereby repealed. repealed. Four shares holders in SECTION 2. And be it enacted, That the Chesapeake and Delaauthorized ware Canal Company shall have full power and authority to issue to the stock to the stockholders of said company four shares of the capital lien of each stock of the said company at the par value of fifty dollars per share, in lieu of each share of said stock now held by the said stockholders upon the surrender of the certificate thereof. share now held. Additional annual meeting. SECTION 3. And be it enacted, That beside, and in addition to the general meeting of proprietors to be held on the first Monday of June, in every year, as provided for in the seventh section of said original act, there shall be a general meeting of the proprieWhen held. tors on the first Monday of December in every year, at the office of the said company, at which meeting an equal dividend of all the net profits arising from tolls may be ordered and made to and among all the proprietors of the said company, if, upon examination of the accounts and general affairs of the said company, which it is hereby made the duty of the president and directors to present at said meetings, it shall be deemed right and expedient by the proprietors so to order and make such dividend. The object of What num SECTION 4. And be it enacted, That the presence of proprietors ber of shares having two thousand shares, at the least, shall be necessary to congeneral stitute all general meetings. to constitute meetings. Sec. 11 of passed June SECTION 5. And be it enacted, That the eleventh section of the supplement aforesaid supplement, passed at Dover, June 15th, 1836, be and 15, 1836, re- the same is hereby repealed, and that the next following section, number six of this present act, be and the same is hereby substituted therefor. pealed. Holders of debt to vote. SECTION 6. And be it enacted, That in all elections hereafter to certificates of be held for president and directors of the said Chesapeake and Delaware Canal Company, and at all meetings of stockholders to be called upon the business of the company, the holders of any certificates of debt, provided for in said supplement, and of any to be created by virtue of future loans in said supplement provided for, shall be entitled to participate and to vote in person or by proxy, and in voting shall have the same rights and privileges as the stockholders, and in estimating the number of votes which any holder of a certificate shall be entitled to give, every fifty dollars of the amount held by such person shall be taken and estimated as equal to one share of the stock: Provided always, That no person shall be entitled to vote upon any certificate which such person shall not have held at least two months before the election, or the meeting of business at which his vote How many votes. Provise. DITCH COMPANIES. of act. may be offered, nor shall any vote by proxy be received unless such proxy shall have been created within ninety days next preceding that on which such vote shall be tendered. SECTION 7. And be it enacted, That this act shall take effect Acceptance from its acceptance by the stockholders of the Chesapeake and Delaware Canal Company, at the next general meeting of stockholders of the company, which acceptance shall be certified to the Governor of this state under the corporate seal of the company. Passed at Dover, January 31, 1867. An Act to revive and amend the act entitled, “An Act to incorporate the 12 Vol. 285, Green Branch Ditch Company,” passed at Dover, February 18, 1863, 414. Current Vol. 78. SECTION 1. Be it enacted by the Senate and House of Represen-Original acts tatives of the State of Delaware in General Assembly met, (two- revived. thirds of each branch of the Legislature concurring herein) That the act entitled, "An act to incorporate the Green Branch Ditch Company," passed at Dover, February 18, 1863, as amended by the several acts passed at Dover respectively, January 28, 1864, and January 30, 1866, be and the same is hereby revived; and SECTION 2. And be it further enacted by the authority aforesaid, Act amended That the names of John M. Voshell and Tilghman Foxwell, in-how. the first and second lines of Section 2 of said act, be stricken out, and the names of Ayers H. Stockley and Enoch Spruance be inserted in lieu thereof; and that the figure 6, in the second line of Section 5 of the said act, be stricken out, and the figure 8 be inserted in lieu thereof. Passed at Dover, January 31, 1867. All the com. panies for lands on DITCH COMPANIES. CHAPTER 195. ΡΟΚΟΜΟΚΕ RIVER IMPROVEMENT COMPANY. SEC. 1. All the companies for the reclamation SEC. 5. Effects of proceedings of freeholders. An Act to Incorporate the Pokomoke River Improvement Company. SECTION 1. Be it enacted by the Senate and House of Representhe reclama- tatives of the State of Delaware in General Assembly met, (twotion of low thirds of each branch of the Legislature concurring herein,) That Pokomoke all the different improvement companies for the reclamation of the low lands lying upon the Pokomoke river, and the different streams or branches tributary thereto, be and the same hereby are consolidated and made one great improvement company, and the owners of the lands embraced within their respective limits and River consolidated. DITCH COMPANIES. . ed within also the owners of all lands or low grounds benefited or to be benefited by the drainage now made or hereafter to be made by cleaning out the said river and the said streams or branches thereof, or the ditches cut or to be cut for the purpose of relieving the low lands bordering upon said river and formed by alluvial deposit near the same, be and they are hereby incorporated Incorporaand made a body politic and corporate in law and in fact, with ton. all the usual and necessary powers of like improvement companies, and subject likewise to the same obligations and duties as such companies are, by the name and style of “The Pokomoke Name. River Improvement Company," and as such shall have succession for the period of twenty years from the passage hereof, except the owners of low grounds lying west of the Pokomoke river run and the upper Pokomoke, beginning at George T. West's Certain upper line, which empties into said river, shall not be embraced wners of within the limits or operations of said company except for the nat embracsingle purpose of enabling the said company to collect from the the limits of said comp'y. said owners of said land respectively such proportion of the expenses of said company in and about the ditching of said river below according to the report of the commissioners hereinafter mentioned. SECTION 2. And be it further enacted, That the object and Purposes of purpose of the creation of said company is the more thorough said comp'y. draining and reclaiming the low grounds lying upon the said river, and to be rendered more valuable by promoting the more rapid and unobstructed flowage of water down the same by ditches and drains into and down the said river. SECTION 3. And be it further enacted, That for the purpose Commissionof the more complete relief of the low grounds of the said river ers appointfrom the water which stands upon the same for want of drainage, William P. Jones, Elisha W. Cannon and Joseph Ellis be and they are hereby appointed commissioners, whose duty it shall be, having first been sworn or affirmed before a justice of the peace Oath. to perform the duties devolved upon them by this act, to go upon the low grounds aforesaid and lay out upon the same such ditches or drains as they may deem necessary to relieve said grounds from water and fit them for profitable cultivation by ditches. their owners. They shall take to their assistance a surveyor and Employ surchain-carriers, and shall survey the line of the said ditches or drains, chain carand make a plot or plots of the same, showing the courses and distances thereof, and make a general description or delineation of ditches. of the said low lands bordering upon the said contemplated Plots. ditches or drains and to be improved thereby, giving the names of the owners thereof and the estimated quantity of acres held by each; and shall estimate the cost of opening and making the To lay out riers, Survey line |