Constantine republican. [volume] (Constantine, Mich.) 1836-1838, 1837-06-21


said rail road company, in the selection of
the route or construction Of the road TO be
by them laid out and constructed, or any
part Of it, to connect the same with any |
turnpike road or bridge, made or erected |
by any Incorporated company, or author
lied by any law of this state, It shall be
lawful for said president and directors to
contract.with any other corporation for the
right TO use such road or bridge, or for the
transfer ofany Of the corporate or other
rights and privileges Of such corporation,
TO the said company hereby Incorporated
and every, such other corporation, acting
under the laws of this state, is hereby au-
thorized to make such contract or trans
fer; By aud through the agency of the per-,
son authorized by the respective acts of in,
corporation TO exercise their corporate
powers, or by any persons who are, by any
law Of this state intrusted with the manage
ment and directions of such turnpike. road,
or bridge, OF any of the rights and priv
leges aforesaid. Every contract or trans
fer, made in pursuance of the power and
authority herein granted, when executed by
the several parties, under their respective
corporate seals, shall vest in the company
hereby Incorporated, all such rights and
privileges, and the rights to use and enjoy
the same, as fully as they are now used
and enjoyed by tho said corporation in
which they are now vested.
Sec. Is. The said president and direc-
tors shall have the power to purchase, with
the funds of the company, any place or any
rail road, constructed by them under this
act, all machines, wagons, carriages, or
vehicles of any description which they may
deem necessary or proper for the purpose
/. of transportation upon said rail road, and
they shall have power to charge for tolls
: and transportation all such reasonable sums
as shall be established by the bylaws Of
said company hereby Incorporated, subject
TO be revised and altered by the legislature
ofthis state; and it shall be lawful for any
other company, or any other person or per-
sons, to transport any passengers, mer-
chandize or property of any description
whatever on said road or any part of it,
by complying with the bylaws aud regula-
tions of said company, and paying in adj
vance the rate of tolls established by the
company, or revised by the legislature ;
and the said road, with all its improve.
ments, works and profits, all machinery
used on said road for transportation, are
hereby vested in said company incorpo.
rated by this act, and their SUCCESSORS TO,
ever; and the shares of the capital stock
Of said company shall be considered per.
sonal property, and shall be transferable
agreeably to the bylaws Of said company
and subject to be taken oil execution agree
ably to such laws as are or may hereafter
be in force. The right and privilege j.
! hereby reserved to this state, or any com
pany now Incorporated, or hereafter TO bC
Incorporated, under the authority Of this
state, to connect with the road hereby pro
vided for. any other road leading from the
main route TO any part or parts OF thu
state: Prorided, That in forming sucf
connexion, no injury shall be done TO tho
works of the company hereby incorpora
ted Provided further, That the said com
pany or companies SO connecting may
have the free use of said road, by paying
such tariff of tolls as may be established
by the legislature and this incorporation
shall be entitled to the same rights ant
privileges to any and all roads horeaile
connected.
Sec. IL. The president and director
shall annually, or semi-annuay, declar'
and make such dividend as they may deem
proper, Of the net profits from the resource
of said company, deduciing the necessar,
current expenses and they shall max,
such dividend among the stockholders o
said company in proportion to their respec
tive shares.
Sec. IL. If any person or persons shal
wilfully, knowingly and maliciously remov
a.stake; alter deface or injure in any man
ner, any stake or fixture, set by any engi
neer, superintendent, or other person i
tho employ of said company; or by an
other means injure, impair, or destroy an
part of the rail road constructed by sal
company under this act, or destroy any Q
the necessary works, buildings, or ma
chincry of said company, such person o
persons SO offending shall each of then
for every offence, forfeit and pay to the sal
'- company sum not exceeding three time
the amount Of damage caused by such Of
fence, which may be recovered in the nam
of the company, by an action of debt in an
court having competent jurisdiction, in th
county where the offence shall be commit
ted; and shall also be subject to indictmen
and upon conviction of such offence, sha
be punished by fine and imprisonment Q
the discretion oftle court; Prorided, Th
Imprisonment shall not exceed one year.
Sec. 10. The state shall have the RICH
at any time after tho expiration of liftt Q
years from the completion of the said ra
road, to purchase and hold the same f.
the use of the state, at price not exceed
ing the original cost of tho said road, exclr
sive of the repairs thereof, and fourteen pc
centum thereon; Of which cost an accural
account shall be kept, and submitted annl
: ally on the first Monday in January, to tn
legislature, duly attested by the oath of th
= officers of said company, and at such otI
or times as the Legislature shall require tn
same.
Sec. 20. Said company shall at all time
if required by the Post Office Department
transport the United States mail upon sal
road, as often rs their cars shall pass tn
same, not exceeding twice in each day, fo
such compensation as shall be agreed upo
by said company and department, not g,
ceeding the average price paid by said dc
partment for the transportation of the ma
in post coaches, three times a week, Xix
rlisfonce. .unon Tho eoyarol ,,o,t r<,ods