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

o PROVIDE Tor the creauon and Tegu'auon oil
Incorporated Companies in the State Of Ohio
(COneluded from last Number
Sec. 20. That whenever ten per centum Of
the capital stock Of any such turnpike or plank
road company, shall be subscribed, il shall be
the duty Of the corporators named 10 such GER
iifcate, 10 call meeting Of the stockholders,
al such place adjoining the proposed route Of
such turnpike or plank road. as they may deem
expedieut. for the purpose Of electiGg seven di.
reclors; Of the time and place Of holding which
meeing at least thirty days notice shall be
given by such corporaIors, by publication, as
prescribed in the ninth section OF this act; al
which election, al least three OF the corporalors
aforesaid shall preside, and all votes shall be
! by b8lloG each slockholder shall be entitled TO
one vote on each share he may own: stock.
holders may vote by proxy, under such regula.
lions as may be prescribed by the bylaws Of
such company, aud all elections, after the first,
shall be held On the second Monday in Janua.
/ ry, annually, al such place as the directors
shall appoint; of the time and place Of holding
which annual election, at least thirty days no.
tce shall be given by the President, in the man.
ner prescribed 10 the ninth section Of this acI
Provided, however, that it shall and may be
lawful 10 hold an election at any other time, on
notice being given as aforesaid,
Sec. 80. That The directors, when elected,
as provided in the preceding section, shall each
take an oath or affirmation, diligently end i'm.
/ partially to discharge the duties Of his olfi,e;
and the directors, or majority ofthem. when
thus qualified, shall. on the day Of their eec-
Ion or some succeeding day, proceed to elect
] president from their number: and the president
and directors shall hold their offices for one
year, and until their Successors are chosen aud
! qua flied.
Sec. 81. That the president and direcIors
shall, n all cases, manage the concerns Of the
company; appoint such officers and agents as
may be necessary; fill all vacancies which may
! happen in their body; until the next annual
election; make bylaws for the regulation and
government Of the company; they may require
such oath or affirmation, Of any of the agents
Of said company, as they may think necessary;
may call special meetings of the stockholders;
keep records ofall the transactions OF said COM
pany, and do all other matters and things touch.
/ ing the concerns Of said company, contempIa.
ted 10 this act.
Sec. 80 That any such turnpike or plank
road company, or their agents, shall have
( right to lay out. locate, survey, and make the
turnpike or plank road, for the making Of which
such company shall be incorporated, through
any improved or unimproved lands, on the
best route between the points or places desgna-
ted 10 The certificate. contracting for and paying
the owner or owners over which the road may
pass, the damages doue 10 said ground by lay
ing out aud making such road and materials
for constructing and repairing the same; and
when the said corporation, and The owner or
owners. cannot agree as to the amount Of com
pensation, or where The owner is unknown or
incapable of contracting, then such damages 10
be assessed and paid in such manner as shall
be prescribed by law,
Sec. 33. That any company heretofore n'
corporated, for the purpose of constructing a
turnpike road, may construct said road, 10 any
part thereof, by covering The same with plank,
not less than two and half inches thick, OF
sufficient width for the accommodation oi teams,
and in good and substantial manner, Instead
Of covering the same viii stone or gravel
Sec. a. That all turnpike and plank roads.
! shall be opened not exceeding sixty feet wlde'
thrty fee. of which shall be cleared of brush
and logs, and at least sixteen feet shall be made
an artificial road, composed of stone, gravel
wood. Or other convenient materials, we'll COM
pact together, 10 such manner as 10 secure q
firm, even and substantial road; and in no case
shall the ascent 10 any such turnpike or panR
I road, be greater than five degrees; Provided
? that no company or association Of individuals
which has been or may hereafter be lncorpora
ted for the purpose of making any turnpike o'
plank road, shall be authorized TO erect or keef
up any toll.gate or receive tolls, within The
corporate limits ol any incorporated city, town
? or village, in this State, or within eighty rods
of such limits.
Sec 35. That so soon as any turnpike ol
: plank road company shall have completed any
0 such turnpike or plank road, as aforesaid, o'
anv part thereof. not less than five miles IogeIh
|, er, in any part Of the route, AMI so from Time
TO time, as often as five miles 10 addition shall
be completed. adjoining any five miles pew
ous completed, the commissioners OF the coun
\ ~ in which such finished road lies, or in cast
H., same lies in two or more counties, The com
: missioners of either Of said counties, shall, OF
D the application OF the agent OF the company
! appoint three udicions, dislnteresled ireehold
g ers. who shall. on oath or affirmation, examln'
the same, and report their opinion 70 the com
e mssioners, in wiring; and ePort shaI
g state The road or such par 4 to he com
IS ple,ed agreeably to the provisions Of This ac'
IS the commissioners shall by license in wriIng
u authorize the company to erect gates, a1 sula
Bile distances. and demand and receive, oil per
,r sons travelling such road. the tolls allowed D.
. law; and in case it should happen that sal
= commissioners, or either of them. should
;. stockholders IN the turnpike or plank road com
y pany, making application as aforesaid, The du
q ties hereby required Of them shall devove uF
on the probate Judge or judges of the county
counties aforesaid; and If such probate judge
or either ofthem. should be stockholders, 1
h. aforesaid, such duties shall devolve upon III
CANNON pleas iudgs Of the district 10 whIc