The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-16
Teller, aDh COmuasles


ANAcT TO AMEND AN ACT ENTITLED GAN ACT TO PRO.
VIDE FOR THE INCORPORATION AND REGULATION
OF TELEGRAPH COMPANIES" PASSED APRIL IL,
l64S. PASSED JUNE 20, 1863.
The people Of the State of New York, represented
in Senate and Assembly, do enact as folows:-
Sec. !. Any number OF persons may associate for
the purpose of owning or cons tructing, using and
maintaining Q line or lines OF electric telegraph
whether wholly within or partly beyond the limits
of this State; or for the purpose Of owning any
interest in any such line or lines Of electric telegraph
or any grants therefor, upon such terms and condi
act passed April IL, 1s48, entitled AN act to pro-
vide for theincorporation and regulation Of telegraph
companies" And such association shall upon CON-
plying with the provisions Of the said act, become
body corporate, and shall have the powers, and be
subject to the provisions In the said act and in the
several acts amending the same, contained, not in.
consistent herewith: And any telegraph company
now owning or using any. telegraph line, either
body corporate, and entitled to the benefit of the
provisions herein contained, on fling in the Office of
Secretary of State certificate OF resolution adopt
cd BY majority Of its board of directors TO organize
nnder this act; which said certificate shalt contain
the specifications required by tho said recited act,
and shall be proved or acknowledged, and recorded
In the manner therein prescribed.
Sec. y. Such association IL authorized to erect and
construct, from time to time, the necessary fixtures
for such lines OF telegraph, upon or under any
OF the public roads, streets aud highways, and
through, across or under any of the waters within
the said reced act contained and also to erect and
construct such fixtures, upon through or over any
other land subject to the right Of the owner or
owners thereof to full compensation for tho same.
And If any such association cannot agree with the
owner or owners Of any land taken used by such
association for the compensation to be paid therefor
1t shall and 0y be lawful for such association or
such owner or owners to apply to the county court
OF the county in which such lands are by petition,
stating the facts in relation thereto: and after the
expiration Of twenty-one days from the fling of such
petition and notice thereof given 70 such associa
case may be, 1t shall be the duty Of tho said court
TO appoint five disinterested persons to make Just
and equitable assessment and appraisal in the man.
ner directed by the said recited act Of the loss or
damage, II any, which may have been, or Ia likely
70 De sustained by the owner owners Of such land
have been, or eha continue to be, used az aforesaid
And such assessment and appraisal shall determine
the annual rent or compensation to be paid by such
association for such use or in lieu thereof sum in
gross az the compensation for allowing the fixtures
belonging TO such association permanently to con-
renewed, or removed, nom time TO time, as such az
ISOLATION may require.
Sec. 8. Every such company owning or using A
line Of electric telegraph, partly within and partly
beyond the limits Of this State shall render to the pro-
per officer true report Of the cost to such company
Of their works within this State and the stock of such
company In amount equal to such COST or the dIvi-
dends thereof, shall be subject to taxation 10 the
same manner, and at the same rate as the stocks or
dividends OF other companies incorporated BY the
laws Of this State, are subject.
Sec. T. The liability of any share or stockhoder in
for in the act. Of which this Is amendment shat
only apply to the amount due by any suoh share or
stockhsdcr In such company, and unpaid, on or for
any such shNse " stock.