Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1846-08-19


We rc-publish below the law of the las,
session OF the Legislature. chariering a man
u%iactuhng company for this city. 1t is one of
the mos, favorable charters ever granted by our
Legislature. II not acted under within two
years from the date OF its passage. it expires.
In ACT 70 Incorporate the Wheeling Manu-
featuring Company.
Passed March >, 1861
l. ne u enacted By the Cenerai Assemble
That William Paxton. William T. Selby. 4.
phIaim Pollock, Samuel Neil and ]. X. Bots.
lord and such Other persons as NAV BE- here
aitet associated with them, shall be and they
are hereOy Incorporated a body polite and cor.
PsVtate uhoet thx name aud style of "The
purpose oil manufacturing cotto1. ~ ollen iron
glass, leather, and other things. i'm the county
oi ohio; aud they are hereby invested with ali
'he hghts, privileges and powers conferred ON
suCh oooies polite and corporate, by an act,
enulied an act prescribing general regula.
ions Tor The Incorporation of manufacturing
and mining corporations" passed February
the thirteenth. eighteen hundred and thirty.
seven; and they are hereby made subject to
the restrictions aud regulations prescribed by
said act.
2. Dc IL further enacted. That the c,n;tal
N0ANlNiN NIltAl nOi DC ltNS llll
one hundred thousand dollars nor more ,hnu
one million OF dollars each; and that the said
company shall have the power TO purchase
ana mold such land as may Le necessary for the
purposes VI The company, not exceeding one
thousand acres.
s. Be Il further enacted, That for the pur-
pose oil receiving subscriptions TO the stock
OF SAID company. books of subscriptions NAV
DC opened under the superintendent of the
SAID William Paxton and. other persons above
named, or a majority of them, in conformity
with the provisions above cited.
q. BE IL further enacted, That the said com.
missioners shall be and are hereby authorised
TO receive IN payment for subscriptions to the
s'ock oil SAID company, such lands, buildings,
hAiures and other property as they, or ma
goIity OF them, may deem necessary and use
lni Tor the purpose OF carrying on and conduc-
thng the manufacturing operations of said com.
pany and such land and other property shall
be converted into aud become part of the stock
oil said company from time 10 time. as they
may deem eXpedient, until the maximum a.
mount oi s9id stock, authorised by this act.
siali nave been subscribed for, and To receive
IN payment Tor such new and additional stock,
all such other real estate, buildings. fixtures.
aud machinery, as they may deem necessary
Tor the purposes OF the said association, at a
valuation to be fixed and placed upon the same
by the directors.
o. he II further enacted, TIL I should the
ABOVE named company carry ON more than one
description ot manufacture as above SET forth.
any person or persons desiring so 10 do, may
subscribe Tor stock in that portion of the con.
Germ devoted TO one description Of manulac-
lure alone, with the consent of the boarl of
directors OF the company: he or they entering
tne name and description of manufacture i'm
winch he or they may desire TO invest at the
lime oil subscribing, upon the books of the
Company; and his or their stock shall be- en-
ltied to such dividends alone as may be deri-
'ed rom The description OF manufacture, in
winch saul stock is invested, aud subject ONLY
0 the expense incurred for that species of man
iactuIe, or Tor lands labor, materials, or money
expended for its uses: Prouidcd, That he or !
shall make publication of he fact of such
Inscription IN conformity with the provi-
ions OF the act regulating limited partner
hips, passed March the tweuty-minth, eieh.
hundred aud thirty seven. i
ng thereof. " 'uo o"SN