The Minnesota pioneer. [volume] (St. Paul, Minn. Territory) 1849-1855, 1850-01-02

mixed shall necessary said
in corporate may and be may
SEAL which they may alter pleasure and generally
all and singular matters and things which they auth
ozed by do for the interest and well being of said Company
Sec. B. That the said Commissioners majority of them,
after the said thousand shares of stock shall have been taken
subscribed for aforesaid shall give least twenty
the newspapers herenbefoc mentioned the and place
of meeting of the stockholders for the purpose eecng th
Directors shall elect one of their number President; and
annually thereafter said stockholders shall the first
Monday May for the elecng Directors aforesaid
the being such newspapers they may
Pod that previous TO the first election the Commis
sioners herenbeore named shall elect of their number Pre
dnt and they shall perform all the duties and be invested with all
the powers of Directors Poriea That if from cause
election regular time specified therefor
the may be held any other time notice aforesaid
that until such election the Directors Of the preceding shall
act Charter not forfeited by reason
of the irreguay of such elecon and in of any
vacancy in the board Of Directors the shall be filled by the
other Directors a majority of them.
SEC H. The affairs Of said Company shall be managed by
Board of thirteen Directors who shall be stockholders and be
chosen annually by ballot the stockholders said Company
votes to be given by proxy duly authorized which D
shall appoint Of their number President who shall
until another elected in his place They shall make and establish
Jaws rules regulations
constitution and laws of the United States and Territory of Min
be for the we'll ordering of the affairs of
and all election for Directors the thirteen stockholders
having the greater gea number of shall be declared duly
elected.
SEC Nine Directors shall be quorum for TIE Of
business who, in the absence Of the President may appoint
President tenn The said Directors shall appoint Secretary
Treasurer and such Engineers and other officers
necessary shall fix their compensation and demand adequate
have full power decide the time and which the said
stockholders shall pay the money their respective shares; and
the stockholders shall forfeit the Of the said Company the
share shares Of every person persons failing pay
reasonable period less that than thirty days after the
time appointed for the payment thereof they shall have power
regulate tolls make contracts and with
body polite whatsoever the execution
and Of the road require and in general super
intend and direct all the operations disbursements and
other proceedings of the Company The Commissioners until
Directors chosn shall issue certificates to each stakeholder
number he for in
said corporation signed by the President and by the
thereon which shall be person attorney
executors administrators guardians trustees under such
sn may & De G by OF sala
double track plank road from such eligible point
hony nthe county of Ramsey Minnesota Territory shall be de-
ermned by of the stockholders having majority the
stock of said Company and who shall be person or
at special meeting called for the purpose OF fixing the
location termination of said road And they shall have power
all such chouses bridges and other works and appendagc
necessary for the convenience CT said Company the
of said road The Directors shall exercise all powers confer
red them by law and meet such times and places they
prescribe the to be enacted by them They
appoint and all officers pleasure prescribe the meeting
the stockholders and declare and the dividends much
the surplus profits of the Company they shall deem advisable
which may the shares of the said stock the stock
holders of said Company the first Monday of May and the first
Monday of November of each year.
1t shall be lawful for said Company their officers
gneers and agents. enter upon land for the purpose of
exploring surveying and locating the of said Plank Road
doing damage and when said shall
be determined by the said Company shall be lawful for thm
agents. officers engineers ard servants any
upon take possession Of and such lands
exceeding width along the line of said route subject
however, the of such compensation the Company
have agreed therefor shall be asceaned nthe
manner hereinafter directed and provided for.
g. When the said Corporation agree with the
of land gravel stone other material
qued for the construction of said road for the purchase thereof
the compensation be paid therefor where by of the
absence legal ncapacy owners agree
purchase be made then any such shall be
lawful for any Justice Peace in county in which c
property his warrant directed the Sheriff
Constable of said county, directly interested requiring
him of nine freeholdes of said county
teresed said property at place.
the be valued day said named
less than ve than days from the date of said
and if the time and place named Of the
summoned do attend said Sheriff Constable shall
Immediately be with the
in attendance jurors furnish panel of jurors,
and from them the said Company and the of the
be valued their attorney either of them,
and they by the Sheriff
Constable SHALL for him. her. them, strike off each two of said
damages, and before they such the said Sheriff Con-
stable shall administer them affirmation that
he will faithfully and mpaaly value land material
gued for such road and all damages which the
shall sustain by the construction of said road taking
consideration the advantages the will be to the
according the best of their skill and Judgment where
the said shall proceed view the said land mate
rial required hear the evidence of the respective pare
which the said jurors shall reduce writing which shall be signed
by ALL majority of said jurors, and by the Sheriff other
officer attendance and the said officer within five days there
aer shall transmit the the Clerk Of the District Court Of
the county who shall file the Such nqusion shall
describe the property TAKEN be TAKEN the boundaries Of
land question: and the value thereof aforesaid and such
hoIt ttn Of