Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1852-11-19

oa s0s books of said company. reduce 'he a.
moual Of said capital siock. sod The nominal
vaua of ell Ahe shares lhersoi' and issue eer".
kcaIss therefor; Provided. that The rghis o.
eFsdis0rs shall nol BE- saecled, or IN any wise
impairud. 81 he redaclioa OF lhe capital stock
q any sueh corporation.
See rs. That whenever sny I''n' stock
company heretofore iucorpuraIed inr the pur'
pnst OF ereciing any PIbie improvement IN
this Safe. uhoss chaueT Is hniiled as 20 thp
TINE for the completion OF said improvement.
and shea any such company has been legally
orga0iz a. aud has actually commenced and
hts "a progress towarjs comp'elioh, such
pablic Improvement, Il shall be lawful lnr any
sach e6fnpany 10 have iuFSher TINE allowed for
Ihe hlal completion OF said work, as is hercin.
al,rf provided. arss aa
Sec. 10: That upon psthion bling filed by
The directors Of any corporation 10 the court Of
common pleas ol the county 10 which the prin.
elpal Office oI such corporation is locaIed and
sapou giving thiny DAYS noIice by publication
10 a newspaper y: gsneral circulation in said
county, of The Object aud prayer Of su n peIi.
uen. Said court shait. al any regular term alter
the publication Of slad nouce, upon good cause
shown. decree the extension of the iime Tor
she complexion ol said Improvement to such
period ~ shah appear 10 such court just aud
reasonable.
Sec. ~. That the name Of any corporation
may be changed ~ the same manner as is pro.
vded Tor the extension of the umo o! the CON.
pleIon OF any public improvement IN The pre-.
ceding section; aud ia case the name of auy
corporation is changed as aforesaid, u copy uf
the decree shall be filed with the Secretary of
STATE, OF IN the oii:e Of the County recorder, if
the corporation whose name Is so changed b.
OF the class organized under the sixty.sixIh
seeIiou OF this act, and also polished in some
newspaper Of general circulation in The county
aforesaid. When the provisions aforesaid have
been com piled With, such company shall there
afIer be- known by such new name, and shall
have all the powers aud be subject TO the same
restrictions as il no such change Of name had
been ma1e, aud no such change of name shall
effect in any manner, the rights oi such CON.
pany, or Of any individual.
Sec. 78. All stockholders Of any railroad.
turnpike. or plank road, magueic telegraph or
bridge company, shall be deemed and held La
BILE TO an amount equal 10 their sock snb
pose uf securing The creditors OF such company.
Sec. 79. hlIsIockholeers Of any Joint stock
company, organized under the provisions of
this act, except as hereinafter provided, shall
be deemed and held individually Iiube for all
The debIs due and owing by said company; aud
the trustees or dir,cIors OF every society or as
sociaIiun, inc Tporaled under The provisions of
The six,y.sixIh section OF his act, shall be
deem,d and held individually liable for all
dsb,S contracted by .hem for their respective so.
CIelhs OF ASSOCIATIONS.
See. 80. 4 change in ihe location and Ter.
mini 0l any railroad, turnpike and plank road,
may W made. IN the same manner as u provi,
dsd 10 ths 7G b seclion Of this ncl, for the fur.
thtT txIensinn Of time Provided. that such
conpsny shall be responsible for auy damages
mr. injury arising lhereIrom, as is provided in the
tlesentb sscIion Of this act, in relation 10 The
liability Of railroad companies.
Sec. 81. Suits may be brought against corpo.
IaIuns 0lheT Ihan railroad companies, in the
same manner as against individuals and ser
vice shali be-msds on the president, directors,
secretary, or agent, IN person; or by leaving
c0py al Tho principal office Of such company
and In making such SERVICE The sheriff aud
con liable are authorized to make service with
oul,as we'll as within their respective counties
aud The real and personal properly OF corpora
tions shall be liable 10 execution, as Other pro-
perry. . .H..l ..l ..... .... .....
Sec. &c. All officers Of any Incorporated com.
panms, organized under the provisions Of this
ret, shall be residents Of this STATE aud when.
ever any company, association or society, here
Iolore oT hereafter Incorporated shall have fail.
ed 10 elect lis officers al The lime designated, it
shall be LAWFUL for such company. association
or sacirly, TO call meeting und elect us OIL
GERS, no shnIl hold their respective ollices un
III The uine specified for the annual, or other
6xedIime loT holding such election and when
ever any Incorporated company heretofore or
ganzed, pr thu may hereafter be organic d,
under lhe provisions oil this act, shall have a
specified time fixed for its annual meeting,
majority Of The Stockholders in Interest. may, at
any regular annual meeting, chOnge the lime o.
the annual meeting thereof.
JAMES G. JONlNSON,
Speaker Of the House of Representatives..
WILLIAM MEDlLL,
President Of The Senaie.
Ma iQEo