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

| lelegrnph' they shahi under heh hanos nnd
seals, make a ceui6caIe, which they shall spe. K
city as follows. FIRST, the name assumed by
such company. and by which il shall be known /;
second, The Iermini Of said line or lines, and the .
counties IhioUgh which The same shall pass
third, the amount Of capital stock necessary 20
consRuct said line or lines Of telegraph, and
the amount OF each share such ceuihcaIe shall
be acknowledged, cen6ed. forwarded 20 the !.
Secretary Of SIaIs, recorded and copied, 10 the I
same manner as is provided 10 the second sec
zion Of this oct for The incorporation Of railroad
companies and when so Incorporated, are
hereby authorized 10 consrucI line or lines Of
magnetic telegraph, as may be named in their
certificate OF incorporation, and by the name
and style provided in said certificate, shall be
/, deemed body corporate, with succession, and
they and their associates 10 have the same gen
eral powers, as is provided 10 the third section
Of this act, and shall be subject 10 all the re.
s,ricIiobs hereafter provided.
Sec. IS. The persons named in the cerlif.
cate may. al Ony lime open the books for sub.
scriplion 10 the capital stock Of the company,
and when al leas, leu per cenIum shall have
been subscribed, meeIiug shall be called, by
notice being given by aAy one Of the corpora
in each county through which such magnetic
telegraph may pass L paper is Published in
each county, at which meeting there shall be
elected by ballot, three directors. who shall con.
G:nue in office until the first annual meeting Of
The stockholders thereafter.
Sec. 46. There shall be a meeting Of the
stockholders annually, at place designated by
SAID directors, when a president, three directors,
4 hall h. Oh h.
shall hold their office until the mex! annual elec'
, lion, and until their successors are duly chosen.
} The stockholders, al their annual meeting may,
from time to time. adopt such regulations and
, bylaws for the management Of The business oI
: the company, as they may see proper and may
change, at any time. Ihe time aud place Of hold.
|, lg the annual election. Special meetings Of
the stockholders may be called, for the Iransac'
ZION Of business, by the directors.
Sec. AZ. The corporation hereby created is
authorized to construct said telegraph line or
| lines, from point to point, along and upon any
9 of the public roads, by the erection Of the ne.
e cessary fixtures, including posts, piers and abut'
D menls necessary for the wires Provided, that
/, the same shall not incommode The public in the
| use Of said roads or highways.
Sec. 40. That whenever Two or more tele.
graph companies desire To consolidate them
/ selves into single corporation, they are here.
F.; by authorized and empowered so TO do, in the
same manner, and subject TO The same rules as
are provided in The twenty. .ftst, twenty. second
and twenty.lhird sections Of this act, relative 10
| the consolidation of railroad companies.
TO CREATE AND REGULATE GAS LIGHT AND WATER
COMPANIES.
Sec. 49. That whenever any number Of per.
sons, as required by The first section ofIhis act,
associate TO form gas ligh, and water companies,
for the purpose of supplying gas for Lighting the
r streets, and public aud private buildings OF any
: civ, town or village Of This State, or for the
r purpose Of supplying the inhabitants Of any city,
= Town or village with wafer, they shall, under
" their hands aud seals, make certificate, which
: shall specify as follows The name Of said
company, and by which it shall be known the
. object for which such company shall be formed;
The amount Of the capital stock Of such compa.
r nv; The number Of shares of which the said
= stock shall consist. and The names Of the town,
II city or village, and county, in which the opera.
: lions of such company are 10 be carried on ;
e., such certificate shall he acknowledged, certified
= and forwarded TO the Secretary Of State, record.
y ed and copied in the same manner as is provid.
e ed in The second section Of this act: and when
!, so incorporated, they are hereby authorized TO
carry on the operations named in such ceui6.
70 cafe of incorporation, and by The name and style
= provided 10 such certificate, shall be deemed a
= body corporate, with succession, and they and
= their associates TO have the same general corpo.
. rate powers as is provided in the ihrd section OF
o this act, and shall be subject TO all the resIric.
. tons hereafter provided
. Sec. so. That whenever ten per centum Of
!, Ihe capital stock OF such company shall be sub
y r scribed and paid in, said corporators, or any oil
r. them, shall, in some newspaper published IN
. the county, give notice Of the time and place
{ for holding meeting for the election OF FIVE
directors, and the election shall be made by the
e stockholders attending for such purpose, either
y personally, or by proxy, and each share Of cap
Il i,aI stock shall be entitled TO one vote; said
. election To be superinIended by one or more oil
- , said corporations [corporators.
i Sec. 81. There shall be president ol such
y company, wao shall be designated from the
70 number of directors, and also such subordinate
officers as the company, by its bylaws, may
u > designate, who may be elected or appointed
II and required 10 give such security for the faith
: G performance of the duties OF their Office al
10 the company, by its bylaws may require; io
s. which purpose such company shall have tht
le power, and are hereby authorized 10 make suct
y rules, regulations and bylaws as may be neces
- sary for their regulation, not Inconsistent will
o. The constitution and laws Of this STATE.
It's Sec. So There shall be an annual meeting
of the stockholders, al a place designated b!
oy said directors, for The purpose Of elecIing off
~ GERS, who shall hold their offices until the mex
IN annual election, and until their successors ar
g, e. duIy chosen said officers shall have The gen
~ erai superinlende0ce of the affairs o! the com
i'' pauy. aud the management ni its business, an'
'H' NAV call special meetings Of the s1ockholder
- for The transaction of business.
r. Il L., Il.