The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-10-15

- ~r'er@f~t ~ ~ A"~J 'A'Nl So stAS hAPtfS
for the stockholders 10 meet at such tim,
and place as they mhy designate, for ih'
purpose Of choosing seven directors, VIII,
shall continue in Office until the Tim,
fixed for the annual election, and unit
their successors are chosen and qualified
At the lime and place appointed, direction
shall be chosen, by ballot, by such Of ih,
stockholders as shall attend Cor that pur
pose, either in person or BY lawful pro
xies; each share shall eniiile the ownel
to one vote, and a plursli,y Of votes shal
be necessary for choice; but after the
first election Of directors, no person shal
vote on any share [onl which any install
men: is due and unpaid. Tho persons
named in such certificate, or such O.
them rs may be present, sbsll be inspec
tors of such election, and shall certify
what persons are elected directors, and
appoint :he time and place for holding
their FIRST meeting; majority Of snid
directors shall form board, and ta cotE
petent 10 fill vacancies in their board,
make bylaws, and transact all business
Of the corporation; a new election shall
be annually held for directors, at such
time and place as The stockholders, al
their first meeting, shall determine, or as
the bylaws Of the corporation may re-
quira; and the directors chosen at any
election, shall, so soon thereafter as may
be convenient, choose one OF their mum.
Der TO be president, and shall appoint a
secretary and treasurer Of the corporation.
The directors, before entering on their
duties, shsll each take an oath or affirma.
,ion, faithfully to discharge his duties,
and they shall, from time 10 time, make
such dividends OF the profits Of said COM
pany, as ibey may think proper.
Sec. 10. Such corporation is author
lied 10 enter upon any land, for the pur-
pose of examining and surveying lis rail-
road line, and may appropriate so much
thereof as may be deemed necessary for
its iailroad, including necessary side
tracks, depois and workshops, and water
stations, materials Cor construction, except
timber, right OF way over adjacent
lands, sufficient 10 enable such company
10 construct and repair lis road, and a
right TO conduct water by acqueducis,
and the righ, Of making proper drains;
but no appropriation Of private property
TO the use Of any corporation provided
for in this net. shall be made, until full
compensation therefor be first made, in
money, or first secured by deposiie Of
TO The owner or owners, irrespect.
i've Of any benefit from any improvement
proposed by such corporation, as shall be
prescribed by lew.
Sec. H., That whenever any railrCud
company Heretofore incorporated, or
which may hereafter be incorporated,
shall find il necessary, for the purpose of
avoiding annoyance to public travel. OF
dangerous or difficult curves or grades,
or unsafe or unsubsianiial grounds or
foundations, OF for other reasonable
causes, 10 change the location or grade
of any portions Of their road, whether
made or hereafter 10 be made,
such railroad companies shall be and are
hereby authorized 10 make such changes
ofgrade and location, not departing from
The general route prescribed in the GER
iicate of such company; and for the
purpose Of making any such change in
he location and grades Of any such
'oad, as aforesaid, such company shall
lave all the rights, powers and privileges,
o enter upon and take and appropriate
Iuch lands, and make surveys necessary
o effect such changes and grades upon
be same terms, and be subject 10 the
anne obligations, rules and regulations,
is are prescribed by law, and shall also !
,e liable, in damages, when any have
,een caused BY such change, 10 the ow-
lei or owners Of the lands upon which
iuch road was heretofore constructed, 10
De asceriained and paid or deposited as
Aforesaid; but no damages shall be ol.
owed, unless claimed within thirty days
Ifte- actual notice Of such intended
hange, shall be given to such owner or
wietG If residing on the premises, OF
office BY publication. is. some newspaper
} general circulation in the county, III
I,
Sec. IL. II Il shall be necessary, in
le location Of any part Of any railroad [
, occupy any road, street, alley, or pub I
c way, or ground Of any kind, OF any
art thereof, il shall be competent for The !
iuDicipal or other corporation or public |
fiicer, or public authorities, owning or
aying charge thereof and the railroad
,mpany, 10 agree upon the manner and ,
pom the terms and conditions upon
1ich the Same may be used or occu- I
ed; and if said parties shall be unable |
agree thereon, and il shall be necessary !
the judgment Of the directors or such Q
ilroad company. to use or occupy such {
ad. street, alley, or other public way or I
'ound, such company may appropriate 6
Imuch Of The same as may be necessa- :
FOR the purposes Of such road, in the s
me manner, and upon he same terms, I
is provided FOR the appropriation Of the s
operty Of individuals, by the tenth I
ction Of this act. c
Sec. f3. Such CORPORATION may de- 8