The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1851-03-28

rs srsheslss shs formation q eas Light Companies
Sec. I. BE Il enacted 6y ufhe General .as;
- .,eusblp Of fke Stale OF .Ohio, That tny three
- o. more cefsons who nsy desire 10 form company
ns spSs % "ns "nhs ana vyss suS
s4inss of any civ, Village offcwn IN this State, may
ssss sis1 snd ssknawi.dss before some ofeer
peienf % take nsk knowadgmens Of deedp and Ole h
tsH shs Recorder Of the county u which The
snsInsss ~ he company sbail carried on, and du
pes thereof IN the once of the Secretary OF state
csrii6ease N wtitins. m which shall he stated the
s0geTes hama q .s.d company ave the object 70, g.
y snsuns n s,os % sad company The term
e ss.a.s q. a. e ssessd :. ny yss hs sa@ss. s
ssd sns | ss@ss cfins town and county IL which d.
e: asa sss s have Ssss aa Ss
O. sfcressid shs pssons whs shall have signed and
sSoGy pciic and corporal O. in fact and n name hy
shs name stated 10 such tincass. and b. that name
being sasd IN any eour, oSiaw Or saa, In his State
81, dthey and ,hsi, sueesssors nay have /. comm IN
ss and may make , and ssss .ne sss a. ps.ssfs e.
law. % purehasIne hoidns and conveying any real
siions named In such esrth.aie bui sha NOT mort
Is gaze tho same or give any lien thereon.
(. H.. Ss ss. o. os
~ oss than nine Airecfos who shall fesneciiveIy be
s;:. !. rs y ss s ss q q.
Ssnss Of his sEis, pnd who slsll except ihs ffst
sss " g. 's sy s"w. q
shs company; and public notice ofthe smr and place
sodcs .sn s s pusnsS Do, s
q ne s.s yns.s Ss ;ss q hs aid rom
ss ss ~ ssl e.
% ns'ss H. ss ss
m she freaesi number Of votes shall ne drertofs; and
s s. K . M .ma.a., .
ysss In such manner % may be provided for BY the
by.lawsofihss eomgsny.
ssciisn Of d shall no, be made the day de-,
sisnated BY sha bylaws Of said eompany when !,
on shalno, BE- dissolved. hut shall he lawful anv
asher day TO hold election for directors In such
Is saa and
sueh comprny until their successors shall he
Zee. IS There shall he Presidsot ef the eo'npany.
whs shalite designated from the number ofthe dee.
M sors and -so such suhordinate officers COMPANY
-" W hsbyAws may DESIGNATE, who nav he elected o.
fsjtbfni performance Of the duties OF their ecc
ssmpany By itshy laws MAJ require a,
- ! end demand from the Stockholders respectively all
sneh Gums of money ~ them shserlbed and Al such
m u pes and sush pavmeufs o. fustafments az the d.
ss he sSsfss q stsek saisrfsd fo, arS ii prsvie.
Jsymepis made ttsreon. ifpaymsUs shall De made
sssanli y nosi.s sssriae s,rrh psymsn shaIi have
been pnhlisbed for sis snrcessive In any news
~, shsli he esrriedon. 40 afbressid. ~ ~ bs
See T. The directors Of snrh company .hrIi hsv.
dem proper sershs and de osios orth.
sock end husnes Affairs Of such company not iheon.
css.hs With the laws of this s.ss and prescribing the
srnpioyedf for the appointment Of all oheen aad for
~. ssrsyins on the busi1ess aforesaid. q y g
See. o. The stock Of such company shal Re
aeeed PEI sona estate md shall he transterabe In
~. sssh manner ss shall BE- prsscrbed BY the hyawsof
See. H.opy of.ay eer.iaease Of of,neorpora,i.n.
AisA In Of this act certified hy the connty
sss % y: Sises q s
snd plaees pesuptive ieaA evihsnce cf the ineor
" ps,sisn ef such eomnsny. II the same shall comply
Ssr. 10. AN shs sar khodsrs ineo, poraisd under
sst sisi Ss ssversiIy indvidusIy liable % ths
dsra, In pronartion 10 the amount or stock held by
en respecvsly iss all dahts and eontrsets made By
~ srsd ana initsd kyspeh company shall hive teen
psd ia and sefdcNis thsresi shall have heen nnde
s sne asa .sssrlssd y ,hs S iSSwl"s sn '.,'iSrs s =
psid in. s-hsIf thereof whin ohei year. snd the
ether half within two yeers from the inrcrporaflon
81 sam company or such cooperation shan De d'''
See. H. The presidsn, and N; ioriiy Of the d.
M ss'I % Il Il. aa capita. @ ssoss . ssS and ~i
ssd ~ the eompany. shall make eertincais Stating
she amcns of the capital 90 h1ed and PAD W. whisn
ssns sas mai majority q sSs Sifsesors and ,nsy shall
within she aid tirty drys. ne the same with ,hs re
sse. "a Every sn b company shall na.e .epor,
January. which shall BE- published In some newspape'
puhIshed 70 the ey. village er town where The hnsi
sso,si sn@ sas propo,sioa actually paia IN. and ,he
e s ssi1s asa w,ss yspe, s &. sns
as sos. and ysrined BY shs eash of president and
aeeretary or the company; and il any Of said
iaa company shall faf 80 70 DO, al the director.