1885 private laws – Ch.139 Sec.6
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CHAPTER 139 An act to incorporate the * Newton and Taylorsville Turnpike and Bridge Company. The General Assembly of North Carolina do enact :
Said company shall have power to issue certificates of stock to an amount not exceeding forty thousand dollars, in shares of five dollars each, and each stockholder shall be individually liable to the creditors of said company to an amount only equal to the amount unpaid on the stock held by him for any debt or liability of said company.