Du Buque visitor. [volume] (Dubuque, Lead Mines, Wisconsin Territory) 1836-1837, 1837-01-18
fBY AUTHORITY


{BY AUTHunlI1
xav,sfWiscsasln TsrriesFJ
No. -
An ACT .nes,srap the Dslmont sad Ds 1s-
- IN rod company.
seet;0. j Be it enacted BY the
.u.,.e;l and house Of representatives
- ~ territory Of Wisconsin, that
Jehr Atehison, Francis e OFerriil,
Wn I. Madden, las Gilmore, J. Foley,
Charles Bueken, Richard Mekim,
Robert MsPherson and Pascal Bequette,
b. md the same are hereby appoint
"a Commissioners under the direction
II ) msiority Of whom subscriptions
MY be received to tie capital stock css4
he Belmont and Dubuque Bail Road
conpzny, hereby incorporated and
they may cause books to be opened At
saeh times & places as they shall direct,
lsr the purposes Of receiving SUBJ
scriptions to the capital stock Of said
esApany, first giving sixty days mo-
lice Of the times and places Of taking
such sabscriptionsin one ormore news
papers printed in the counties Of To-
va and Dubuque in this Territory.
Sec. e. That the capital stock Of said
company shall be two hundred and
fifty thousand dollars, in shares Of
one hundred dollars each; and q.
soon IS two thousand Eve hundred
shares of stock shall be subscribed,
and Ave dalIars on each share actually
paid In, the subscribers Of such, with
such other persons as shalt associate
with them for that purpose, their sue
eeaeors and assigns, shall be and they
are hereby declared and created body
eosporate and polite, by the name and
sty1e Of the g Belmont and Dubuque
Rail Road Company" with perpetual
succession, and BY that name shall have
al the privileges, franchises and inn
munities incident to ! corporation; they
shall be capable in law Of purchasing,
holding selling, leasing, and convey
ing estate, either real, personal or
mined, - far the same may be neces-
asry Sor the purposes hereinafter men
toned, and no further; and in their
corporate name may sue and be sued,
aaay have . common seal, which they
may alter and renew at pleasure, and
generally may do all and singular
de matters and things which to them
il shall lawfully appertain to do, for
The well being Of the said corporation.
Ser. 3. That the said Commission
~, or majority Of them, after the
said two thousand FIVE hunnrcd shares
Of stock shall have been subscribed as
aforesaid, shall give ~ lesSt thirty days
Aotice In the newspapers hereintofore
mentioned, Of the time and place by
them appointed for the subscribers,
or stockholders, to meet for the pur-
pose Of electing seven directors; and
annually thereafter the said stockhold-
err, shall meet on the first Monday in
November, for the purpose Of elect
Ing directors as aforesaid, upon like
previous notice TO be given by the d.
FssteTy fyF PIE time being, in such
newspapers as they may deem advi-.
sable: Provided, that previous to the
6rst election, the Commissioners here
In before named, shall elect one Of their
President, 4 they shall perform
III the duties, and be invested with all
the powers Of directors; and provid-
cd, that if from any cause, an election
lbsll notbe held at the regular time SPEC
ei6sd therefor the same may be held at
my other time, on notice asaforcsaid that
,ntjl such election, tho directors Of the
,recediDg year shall continue to act, &
hat this charter shall not be avoided by
'eason q the irrcgularity or want Of
aelI election, the directors of the pro-
sseding year shall continue to act, and
13at this charter shall not be avoided
y reason Of the irregnlariiy or want
4 alcll election, and provided, also,
hst in case Of auy vacancy from death
Z resignation Of any director, his place
lsall be filed By the board ofd;rectors.
81. Z. The afairso fsaid corporation
.!ssII y managed BY ! board Of seven
lsseetots ,who shall be chosen annually
u sal!ot, on The days herein before
pceeeribed ~ the stockholders Of the
1'a eompsny, the votes TO be deliver
= = pesson Or BY proxy, duly authors
Nnsen directors shall appoint one .
9 their own number to be Fres;dent
md 1boll reDpectiSe1y serve m.