New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-04-13
,..iYaiIroad Law.

tp.ilroad Act, Just passed. y! Wv
e," nnor;ng i. the substance OF Its provisions
i"' twenty. Eve or more persons may 'o',"
AN . iuJd and manage Railroad t"eE
eoH'F" ...oc;a,ion must give all particulars AZ
sr'''''' ,,,ce. from and to which the road IS 70
Gus, =. .oo,c. capital, which shall Lot be c's'nah
&c -, -, mile number OF shares, names oil Oh
g. These articles are TO be h'cd VIII"
~ secretary Of State, but not before s'.OVo per
." rs beco subscribed IN good iai'h ana ~ per
MY icon paid in, which shall be a'tested py
esn' q the directors When this Is done
;,,ion books may be opened to make up 'n'
- every subscriber paying 10 per oeh'' COW"
~. subscription. Every corporation sinai nave -'
-. chosen annually with President chosen
,oos the Directors, a Secretary. Treas
Nv and such other officers as its BY laws may
s,or;bc The directors have power to compel
r. navment Of stock subscription by iore''ag the
- cf,bo.e who DO not pay. Ia case the capt
- not enough to complete the ROAD 1t may he IN
-....d by vote OF two-thirds OF the stockholders -
c,octboldcrs are individually liable for the ComPa-
-. debts 10 an amount equal 20 their unpaid
~ and. after that. for debts due for iaOor anu
service no person holding stock as trustee y P''
.opaDy liable, nor any one holding Il as 'o'"
security. When a contractor On sucn
lahorer for work in IFS construction
Ia Ioboror by serving written notice thereon
.-;,b;r twenty DAYS, renders the Company Hapie'
-, action under such notice must be commeHced
..;,hin thirty DAYS after the notice companies
mod nnder this act may acquire the necessary
I..,o.e which they cannot obtain by agreement
,,tb ;,s owners. by presenting TO the supreme
conrt a petiton for the appointment OF APPRAISERS
sucb nettion shall be signed and veriied acco''l'I
N the rules and practice OF such court !. ms
contain a description Of the real estate VIII" "o
Comnany seek to acquire, and II must III eHeo s'''o
,bet The Company is duly incorporated ana ,'aV !"
!; The intention OF the Company IN good ialth 70 con
struct and finish a railroad from and 70 'he PAGES
,od Cor that purpose in It's articles Ol assOcia'V"
d., tho whole caultal stock OF the COmPah! uds
been In good faith subscribed rs reqaired ~ '"'s
act. that the Company has surveyed lhe IHe VI
route OF its proposed road aud maze map Vi SUI
thereof BIZ which such route or me IS desisha'e'
and that they have located their sald roa1 aoVolu
;n M such survey and filed certificates OF such TO-
ca7;on sioned by majority Of the directors OF the
comuaDy in the clerk Office OF the several counties
,bron,b ar into which the said road is TO be con-
s,ructed. that the land described III the petition Is
required lor the purpose OF constructing or operating
the proposed read, and that the company mas iot
been able TO acquire title thereto and the reason OF
such inability: the petition must also state the
names and places of residence Of the parties, so lar
az the same can 10y reasonable diligence be ascer-
tanned who own or have, or claim to own or nave,
estates or interests in the said real estate ana II
any such persons infants, their agents as near
as NAV be must be stated and II any OF such per
sons are idiots or persons OF unsound mind, or are
unknown. that fact must be stated together win
L ali. andQ to
cumbrances on said real estate as the company may
see fit to make a copy Of such petition. with no
tee OF the time and place the same VIII be preseh
ed to the Supreme Court must be served on al per
sons whose interests are to be affected by the pro
ceedngs at least ten days prior to the presentation
OF the same to the said court
The act also makes provision Tor the service OF
the petition and notice on minors, idiots, non resi-
dents Parties interested may come into Court
and show cause why the petition should not be
granted # such cause be insufficient the Court
shall appoint five appraisers OF these, one SHAH be
taken by the Court from among SIX persons ha"icu
bv the parties whose land is to be taken and one
from six named by the Company. The Appraisers
have suthoritv TO summon witnesses and take
testimony in the matter In making their award
they shall not take into account any supposeu
benefit which the parties in interest may derive
from such Railroad The are to have IS a
day for their services. The Court shall connrmtnei
be paid the order of the Court is TO be entered IN
the Clerks office of the county where tine iand 10
situated whereupon, the money with all costs pc
ing paid the Company can take possession Oh tue
land Nevertheless, within 20 days OF the con
frmatiou, either party may appeal, and the court
may grant a new appraisal.
Every Company before building any part oil us
road shall file IN the County Clerks Office map OF
the route proposed and give written notice To all
occupants of land through which it is to pass
They may complain to n Justice OF the Peace VINO
NAV appoint three Commls sioners one OF "hoh
shall be practical engineer, to examine the route
and change it on hearing OF the parties; sald Oom-
missioners h. he paid SO day by the losing party
Two thirds of the Company's Directors may also
alter the route subject To the same conditions as
its original establishment. Where the route
crosses any other highway, and any change III the
route of that thereby becomes necessary, the ID
rectors may take lands for that purpose Just as they
do for their own route. State lands may be taken
lust as private real estate. No company shall use
iron for its track OF less than 90 lbs to the yard,
cept for turnouts switches and sidlngs.
In addition to power given to Corporations by
the 81 title OF the 18th section OF the Revised
Statutes, Corporations under this act have power
to enter all lands for the purpose OF surveys to
hold real and other property voluntarily granted
for the use OF the road and that only to lay out their
roads six rods wide or wider Unnecessary in case OF
entertainments to build along or across any stream
canal or highway, restoring the same to the same
state of usefulness before but this does not au
thorise the erection OF any bridge or any other OBJ
struetons across, in or over any stream or lake
navigated by steam or sail boats at the place
where any bridge or other constructions may
be proposed to be placed nor is it to be con
s,rued to authorize the construction of any
railroad not already located in, upon or across
any streets in any city without the assent
Of the corporation Of such city to cross other
railroads; to transport persons and property for
compensation; to build necessary buildings to
regulate the time and manner and rate OF such
trsnsportat alton and 10 borrow money and mortgage
the property Of the road When any road built
under this Act runs parallel to and within 80 miles
of canal the canal Company shall pay canal
tolls on all goods they carry other than baggage OF
passengers Every conductor, baggage master,
&c. to wear a badge indicative Of his office. XIV.
cry corpor alton shall make before Dec. 30 of
each ear report to the State Engineer and Sur,
veyor OF its operations up to Sept. 80 this shall