Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1852-08-05

whose lines are so connected, may en-
ter into any arrangement for their COM
mon benefit, consistent with and calcu-
lated to promote the objects for which
they were created; Provided, that no
such aid shall be furnished, nor any
such purchase, lease or arrangement
perfected, until meeting of the stock
holders of each OF said companies shall
have been called by the directors there
of, 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 yo-
ting thereat, shall have assented thereto.
Sec. 25. The commissioners Of any
county, the city or town council of any
city, or town, and the trustees of any
township. which county, city, town, or
township, has heretofore subscribed to
the capital stock of any railroad compa-
ny, or turnpike or plank road company,
and has issued, or shall hereafter issue
any bonds for the payment of such sub
scription, are hereby authorized to sell
the said stock, or any part thereof, and
on such terms as they shall deem to be
for the interest OF said county, city,
Town, or township, respectively. and
may apply the proceeds of such sale to
the payment of the bonds by such coun-
ty, city. town or township, respectively
subscribed.
Sec. 26 That every railroad compa
nv in this State, shall cause all its trains
of cars for passengers, 10 entirely stop,
upon each arrival at station advertized
by such company as a station for re-
ceiving passengers upon such trains, at
least one-half of one minute; anC every
company, and every person in the en-
ployment Of such company, that shall
violate, or cause or permit TO be viola
ted, the provisions OF this section, shall
be liable TO forfeiture of not more han
one hundred, nor less than twenty dol
lars; TO be recovered in an action Of
debt, upon the complaint OF any person.
before any justice of The peace of the
county in which such violation shall oc-
cur; and in all cases in which a forfeit
ure shall occur under the provi ions Of
this section the company whose agents
shall cause or permit such violation,
shall be liable for the amount of such
forfeiture, and in all cases, the conduc-
tor upon such train shall be held prima
facie to have caused The violation oflhis
section, which may occur upon the train
in his charge; said forfeiture to be recov-
cred in the name of the State Of Ohio,
for the use Of common schools.
TO CREATE AND REGULATE TURNPIKE AND
PLANK ROAD COMPANIES.
Sec 81. Turnpike and Plank Road
companies shall be created in the same
manner as is provided in the second sec.
ton of this act for the Incorporation Of
railroad companies; and when so incor-
porated, are hereby authorized to con
struct turnpike or plank road, as may
be named in their certificate Of incorpo-
ration, and by the name and style pro-
vided in said certificate, shall be deemed
a body corporate, with succession; and
they and their associates, shall have the
same general corporate powers, as is
provided for railroad companies in the
third section of this act, and shall be
subject to all the restrictions hereafter
provided
Sec. %. That so soon as the persons
named in any certificate of incorpora-
ton, for any turnpike or plank road
company. or a majority OF them, shall
have associated themselves together and
organized, they may then proceed 10
open subscription books, at such places
as they may designate, for the purpose
of receiving subscription to the stock of
such company, in shares ofsuch amount
as may be designated; which books shall
be opened at such time or times, and
under such regulations, as shall be d.
rected by such corporators. or q maiori.
ty Of them. giving al least thirty days no.
tice in some public newspaper in gene
raj circulation, printed on or nearest to
the route of such intended turnpike or
plonk road, of the time and place or
places Of opening such subscription
books; Provided, that not more than five
per centum on each share, shall be de- |
manded at the time of subscribing, nor
more than ten per centum at any subse-
quent instalIment; and at least sixty
days notice shall be given, in manner
aforesaid, ofihe time and Place or places
ofPaying in any instaIlment subsequent
to the instaliment paid at the time of sub
Provided. also, that no install
ment shall be called for in less than six
ly days from the day of PAYNE O { any
preceding instaIlment. They shall also
have power TO borrow money, for the
OF their road not exceeding
in amount one half their capital stock,
in the same manner, upon the same
erms. and under the same regulations
and restrictions as are provided in rela-
ion to railroad companies, in section
fourteen of this act
Sec. 90. That whenever ten per CEN
um of the capital stock of any such
or plank road company, shall
be subscribed, it shall be the duty of
lhe corporators named in such certifi-
cate. 10 call meeting OF the stockho!d-
ers, at such place adjoining the proposed
route of such turnpike or plank road,
as they may deem expedient, for the
purpose of electing seven directors, of