Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1827-03-19


and Directors of the said Company, or major
ity of them, shall have power to open nOoN:'
and to receive subscriptions 10 any oil inc APP
tai Stock Of said Company, which may mus re- r.
main unsubscribed for, or to sell or dispose
such unsubscribed Stock, for the benent VI u'e
Company, for any sum not under It's par va'ue'
and the purchasers subscribers oil suon ?,oN"'
shall have all the rights, powers and privileges
of original subscribers, and shall be supJeC' "
the same regulation.
Sec. le. And be Il enacted, That the said Pre-
sident and Directors, or majority oil theH'
NAV appoint all such officers. Engineers, agents
or servants whatsoever, as they may deem ne
cessary for the transaction OF the business OF
| the COMPANY, and may remove any oil them al
their pleasure; that they, or majority OF them,
shall have power 10 determine by contract, Inc
compensation of all the Engineers, Otticers, "a
gents or Servants, in the employ OF said Com
pany and to determine by their by Laws, Inc
manner Of adjusting and settling all accounts d,
! gainst the Company, and also the manner ana
evidence Of transfers Of Stock in SAID Compa.
ny and that they, or majority oil them, snail
! have power TO pass all Bylaws, which 'hey
may deem necessary or proper ior exercising
all the powers vested in the company hereoy
Incorporated, and for carrying the ooJects OF
this Act into effect; Provided, only, that sucn
BYLAWS shall not be contrary to the Laws OF
the United States, or the Laws of any Of the
States, asserting TO this act or any Of 'he pro-
visions Of this Act.
| Sec IS. ind be it enacted, That il the Capital
Stock of said Company, shall be deemed insuf-
fcien, for The purposes Of this Act, il shall and
may be lawful for the President and Directors
of said Company, OF majority OF them, from
time to time, to increase the said Capital Stock,
bv the addition Of as many shares as they may
deem necessary, for which they may, at their
option, cause subscriptions 10 be received IN the
manner prescribed by them, or may sell the
same for the benefit o. the Company, Tor any
sum not under their par value; and that they,
or majority Of them, shall have power 10 Dor
row money for the objects OF this Act, to issue
certificates or other evidence Of such loans, and
10 pledge the property of the Company Tor the
payment of the same, and its interest.
Sec. IA. ind be ii enacted, That the President
and Directors Of said Company shall be, and
they are hereby invested with all the rights and
powers necessary TO the construction and re-
pair of Il Rail Road from the City of Baltimore
10 some suitable point on the Ohio River, to
be by them determined not exceeding sixty-slx
feet wide, with as many sets of Tracks as the
said President and Directors, or majority oil
them, may deem necessary, and they, or ma
: jorty of them, may cause 10 be made, or con-
tract with others for making said Rail Road,
or any part Of it: and they, their agents, or
those with whom they may contract Tor max
ing any part of the same, or their agents, may
enter upon and use, and excavate, any Land
which may be wanted for the scite Of said Road,
or the erection Of Warehouses or other works
necessary 10 said Road, or for any other pur-
PU5r-"SN OF u'eru' n" ton ~
repair of said Road, or Its works, and that they
may build bridges, may fix Scales and Weights,
may lay rails, may take and use any Earth
Timber, Gravel, Stone, or other materials which
may be wanted Tor the construction and repair
{ Of said Road, or any Of its works, and may
make and construct all Works whatsoever
which may be necessary and expedient, in or
der 10 the proper completion Of said Road, and
that they or a ma jority Of them, may make or
cause to De made, lateral Raj! Roads, in any d.
rection whatsoever, in connection with said
Rail Road from the city Of Baltimore 10 the
Ohio River, and in the construction Of he same,
or their works. shall have, possess, and may ex-
ercise, all the rights and powers hereby given
TO them IN order TO the construction or reIair
Of the said Rail Road from the City of Balli-
more to the Ohio River.
Sec. Is. find be IL enacied, That the Presider.
and Directors OF said Company, or majority
OF them, or any person or persons authorized
by majority Of them, may agree with the own
err or owners Of any Land, Earth, Timber, Ora.
vel, Stone, or other materials, or any improve
menis which may be wanted for the construc-
ton or repair Of any of said Roads, or any Of
their works, for the purchase or use and occu-
patton Of the same; and if they cannot agree
or 1t the owner or owners, or any Of them, be
Feme Covert, under age, non compos mer It's,
or out OF the county in which the property
wanted may lie, when such lard and materials
shall be wanted, application may be made 10
any Justice OF the Peace Of such county, who
shall ,hereupon issue his warrant under hand
and seal, directed to the Sheriff of said county,
| requiring him to summon Jury of twenty in
habitants of said county, not related, nor in any
wise interested, 10 meet on the land, or near to
the other property or materials to be valued on
day named in said warrant, not less than ten,
nor more than twenty days after the issuing Of
| the same; and if at said time and place any Of
said Jurors summoned, do not attend, The said
Sheriff shall Immediately summon as many Ju.
rors as may be necessary with the Jurors in at
tendance, TO furnish Pannel Of twenty Juror,
in attendance, and from them, each party, or
It's, his, her or their agent if either be no, pre-
l