Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1849-04-26


ed and qualified; and all vacancies shall
be filled by the Directors.
s. Every share shall entille the hol-
der to one vote; and any stakeholder
may vote by proxy, by giving written
authority for that purpose.
6. Said President and Directors
shall have the necessary powers to en-.
able them to carry into execution the
object and design of the company; and
may make such rules, bylaws and or
ders as they may think necessary for
the well governing Of the officers and
persons employed by said corporation,
not contravening any general law.
7. The President, with the consent
of the Directors, first obtained, may ap.
point such other officers and agents as
may be necessary, and prescribe their
duties and compensation.
8. The stock subscribed shall be
paid for at such times as the president
and directocs shall order; and if any
stakeholder shall fail to pay any install
ment, according to their order, after
thirty days notice given in some news
paper published in the county, or by
six handbills posted up in six of the
most public places in the county, sta
ting the time and place at which such
payment shall be made, shall forfeit and
pay TO said company five per cent. on
the amount of such instalment: and pro.
vided the same remains unpaid for the
space of six months, after the time
when the same was required to be paid,
it shall be at the option of the directors
10 declare the stock of such delinquent
forfeited TO the Company, together with
whatever may have been paid thereon;
or to collect the same, together with
the penalty which may have accrued
thereon, by suit: the original subscrip.
ton books to be evidence ofthe indebt.
edness OF those subscribing stock. Pro.
vided, always, that this act shall not be
construed so as to effect the estate of
any deceased stakeholder, until said es-
tate can be legally settled: and no de
linquent stockholder shall have a righ,
to vote a, any meeting of said company.
9. Said president and directors shall
have said road carefully surveyed and
laid out, and file in the office of the
Clerk of the Comfy Court of each
county. through which the road may
run, copy of the field notes and plat
of the survey of the road as finally de-
termined on.
10. Said road shall be opened and
kept free from trees, brush, and other
distractions, at least sixty feet wide,
and at least eighteen fee, shall be made
an artificial road, composed of stone
gravel, sand or dirt, or other convent
ent materials, well compacted together
in such manner as shall secure a firm
even and substantial road, rising in the
middle with gradual arch, leaving OF
each side a ditch of sufficient capacit,
to carry off the water. All stumps anC
other Instructions shall be completely
removed from the artificial portion o
the road; and in no case shall the as
cent in said turnpike road be create
than five degrees.
IL. Said company may receive BY
deed of purchase. gift, or other convey
ance, any quantity Of real estate no
more than one hundred feet wide, 70
carrying into effect the objects of tn
company; but if they cannot obtaiI
said real estate on fair terms by pur
chase, then the said company may mar
out and construct said road, and hol
! the land over which the same runs (
the width of one hundred feet, but nc
} less than sixty feet; and the owner G
: said land shall be entitled TO a writ {
, ad quad damnum to assess the damage
by him sustained, in the same manner
is provided in the establishment {
!, state roads, and the damages shall +
t paid by the company.
D 10. Said turnpike company, sha
r have the right to take from the groun
+. occupied by said road, after the san
S shall have been laid out and surveye
e any stone, gravel, sand or timber n
b cessary for constructing a firm, eve
g secure and substantial road; and if sue
materials for constructing said roe