The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-10-01
AN ACT
AN ACT
To incorporai the Dayton and Michigan
Railroad Company.

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To incorporai the Dayton and Michigan
Railroad Company.
Sec. l. Be It enacted By the General
Assembly of The State Of Ohio, That Peter
Odlin, John Rehcb, Thomas j. S. Smith,
]. D. Philips, Edward W. Davies and
Henry Stoddard, Of Montgomery county;
William Barbee, John G. Telford, Henry
w. Culbertson, John Clark, Thomas Jay,
Joseph Pearson, Joseph Brown, Charles
| Morris, Jr., William Scott, Rankin Wal
knp, Samuel Davis, David Hunter, Mo-
scs G. Michel and Edward H. Barton, Of
Miami county; John Mills, John W. Ca
ry, James McCulloch, and Hugh Thcmp-
son, Of Shelby county, and their associ-
ates and assigns, be, and they are hereby
created a body corporate and polite, by
the name Of the Dayton and Michigan
Railroad Company, with perpetual sue
cession, and by that name and style shall
be entitled to have and enjoy, and hereby
are invested with all the rights, privileges
and franchises, and be subject to all re-
slrictions Of the act entitled San act reg
ulating Railroad Companies" passed
February 1lth, lS4s, and the acts amen
datory thereto, except SO far as the same
may be modified by the provisions ofthis
act.
Sec. 2. That the capital stock ofsaid
company shall be eight hundred thousand
dollars; with the power to increase the
same to three millions, divided into shares
of fifty dollars each.
Sec, 8. Said company shall have
power to construct railroad commenc-
ing at or near Dayton, in Montgomery
county, by the way of Sidney,in Shelby
county, Lima, in Allen county, Toledo,
in Lucas county, 10 the most eligible
point on the Michigan State line, in the
direction Of Detroit.
Sec. 4. Said company shall be, and
lis hereby authorized to connect at Day
ton with any railroad leading to, and
terminating in the city Of Cincinnati,
or with any railroad that may be hereafter
constructed north in direction Of Toledo
in Lucas county.
Sec. 5. The county commissioners
Of any county through or in which said
road may be located, shall be, and they
are hereby authorized TO subscribe to the
capital stock Of said company, any sum
not exceeding one hundred thousand
dollars; the corporate authorities of Day
on, Troy, Piquu, Sidney, Lima, Perys-
burg, Maumee City and Toledo, shall
also be authorized to subscribe to said
rail road any sum not exceeding fifty
thousand dollars; and the trustees of any
township in any county through which
said road may be located, shall be author
lied TO subscribe to the capital stock of
said railroad company, any sum not ex-
ceeding ten thousand dollars; and in
making such subscriptions, and in all
matters relating thereto, the commission
ers ofcounties, corporate authorities Of
said cities and towns, and trustees Of
townships shall have all the rights, privil.
eyes and powers, and be subject to tho
restrictions of an .act 80 authorize the
commissioners Of Clark county to sub
scribe stock in railroad companies"
passed March 8, 1850, SO far as the same
may be applicable, not inconsistent with
the provisions Of this act Provided, that
the vote on the question of subscribing
stock Of said railroad company in