Fremont weekly freeman. [volume] (Fremont, Sandusky County, Ohio) 1850-1853, 1851-03-29
NUMBER 8.

rights and interests, in and 20 every species Of
property, real, personal and mixed, and things
in action, shall Be deemed TO be transferred to
and vested in such new corporation, without
any other deed or transfer; and such new cor
poration shall hold and enjoy the same, to-
gether with the right of way, and all other
rights of property, 10 the same manner and to
the same extent, as if the said two or more
corporations, parties 10 such agreement, should
have continued to retain the tile, and trans
act the business of such corporations; and the
titles and the real estate acquired BY either
of said two or more corporations, shall not be
deamed to revert or be impaired BY means Of
anything in this act contained; Provided,
That all rights Of creditors, and all liens upon
the property of either Of said corporations.
parties TO said agreement shall be and here
by are preserved unimpaired; and the respeca
i've corporations shall continue TO exist so far
as may be necessary to enforce the same
And provided further. that all the debts. iia-
bilities and duties Of either company shall
thenceforth attach to such new corporation,
and be enforced from the same to the same
extent and in the same manner, as if such
debts, liabilities and duties had been original
ly incurred By il
Sec. 4. Any railroad company heretofors
or hereafter incorporated, may. at any time,
by means of subscription to the capital stock
of any other company, or otherwise, aid such
company in the construction Of its railroad, for
the parpose Of forming connexion ol said iasf
mentioned road with the road owned by the
company furnishing said aid; OF any railroad
company organized in pursuance Of law, may
lease or purchase any part or all of any rail-
road constructed by any other company, if
said eompany's lines of road are continuous or
connected as aforesaid, upon such terms and
conditions as may be agreed on between said
companies respectively or any two OF more
railroad companies whose lines are connected,
may enter into any arrangement for their COM
mon benefit, consistent with and calculated to
promote the objects for which they were ere
ated: Provided, that no such aid shall be
/ furnished nor any such purchase, lease or ar
rangement perfected, until meeting Of che
stockholders of each of said companies shall
have been called by the directors thereof at
such time and place and in such manner as
they shall designate, and the holders Of at
least two thirds of the stock Of such company
represented at such meeting, in person or BY
proxy, and voting thereat, shall have assenled
1 thereto,
Sec 5. lloontraets between railroad com
panies. under the provisions Of this act, may
be enforced by decree of the Supreme court
in suit in chancsry brought for that purpose;
and any two Judges Of said court. in vacation.
may, after hearing, make any provisional order
or decree in such suit which may be neeessa-
ry to enforce such contracts, to be in force IN
til the next session Of said court in the prop
er county.
Sec, 6. The directors of any railroad COM
pany are hereby authorized 10 sell or nego-
tiate the bonds or notes issued by said conlpa-
NJ, or received by it in payment Of subscTip-
ton 70 IFS capital stock or otherwise, at such
times and at such places. either within or
without this State, and at such rates as in
their opinion viii best advance the interests Of
such company; and if such bonds or notes are
thus sold at a discount. such sale shall Be as
valid in every respect as if sold al their par
value.
/ JOHN F. MORSE,
Speaker House Representatives
/ CHARLESC. CONVERS.
/ Speaker Of the Senate.
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