The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-10-22

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town or village where located, for public
and private buildings, or for other purpo-
ses: and such corporation shall have
power to lay conductors for conducting
water or gas through the streets, lauds,
alleys and squares in such city, town or
village, with the consent Of the munich
pal authorities Of said city, town or VII
lage, and under such reasonable regula-
tons as they may prescribe.
Sec. 81. The municipal authorities
Of any city, town or village, in which any
gas ligh, OF water company shall be or
tganizsd under this act, are hereby au-
thorized to contract with any such corpo-
ration, for the lighting or supplying with
water, the streets, lands, lanes, squares
and public places in any such city, town
OF village.
TO CREATE AND REGULATE BRIDGE COM
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Sec. IS. That whenever any number
Of persons, as named in the first section
Of this act, associate themselves together
for the purpose Of constructing bridge
over any Of the streams Of water in this
State, they shall, under their hands and
seals, make certificate, specifying the
amount of capital stock necessary, the
amount Of each share, the place where
said bridge is 10 be built, and on what
stream; said certificate shall be acknowl-
edged, certified, and forwarded TO the
Secretary OF State, recorded and copied
as is provided in the second section Of
this act, and when so Incorporated, they
are hereby authorized TO carry on the
operations named in SAID certificate of
incorporation, and by the name and style
provided in such certificate, shall be
deemed body corporate, with success
ion; and they and their associates, sue
cessors and assigns, shall have the same
general corporate powers as are provided
in the third section ofIhis act, and subject
to all the restrictions hereafter provided
bu, in ell cases, the banks OH both sides
Of the stream, where the bridge is to he
built, shall DE owned by said company,
or that they obtain in writing the consent
of the owner or owners Of the banks
where the said bridge is 10 be erected, TO
erect the said bridge as aforesaid, unless
the said banks at such point shall be in
a public highway.
Sec. Sc. That The corporators herein
named, shall open the books Of the said
company, for subscription 10 the capital
stock of said bridge, and SO soon there
after ns Ten per cent of the capital shal!
be subscribed, they shall call a meeting
Of the persons who have subscribed
stock as aforesaid, and shall then and
there proceed TO elect five directors, who
shall be stockholders in said company,
who shall hold their Offices, as such d.
reciors, FOR one year from and after said
election, and until their Successors are
elected and qualified, one Of whom shall
be president, and one treasurer, and one
secretary, 10 be named on the tickets
when voted for by the stockholders as
aforesaid: each stockholder shall be en-
titled to one vote for each aud every
share Of stock that he may own, and at.
ter the first election, no stockholdet shall
be entitled TO greater number ofvoies,
than the number of shares that he may
have paid into The said COMPANY.
S, c. 81. That the treasurer Of the said
company, before entering upon the duties
of bis Office, shall rnter into bond.
with good and sufficient security. 10 be
approved of by The said board Of direc-
TOYS, payable TO the said company, coDdi-
toned for life faithful performance of all
and singular the duties Of his said Office,
and that he will we'll and truly accoun,
for, and pay over to the said company
all moneys and property that shall from
time TO time come into his hands by vir-
tue of his office, ard that he will use due
and proper diligence 10 collect all mo
tneys and demands tha. from time to time
shall lie due and owing To The said com
pany, which shall be his duty by law to
collect.
Sec. So. The president shall preside
at all meetings, when present, and not
otherwise incapacitated, in which case,
or in case of his absence, the board OF
directors sball choose president from
among their number, who shall perform
the duties Of the president at such mee-
ting, and perform such other duties as
may, from time 10 time, be pointed out
by the bylaws and The rules OF the said
company,
Sec. SO. The secretary shall keep
record Of all meetings Of the board of
directors, and other proceedings Of said
company, no. required TO be performed
by any other officers Of the said board,
and perform, such other and further du-
ties as may be assigned him, from lime
to time, by the rules and bylaws of the
said company.
Sec. 60. That the said company shall
have power, from time to time, at any
regular meeting of the board Of direc-
tors, to make, alter OF change, such by
laws and rules for the government Of the
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