The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1853-04-01
a@d AN ACT ~
To incorporate the Dayton and Michigan
Pail Rand Con,nanv
Kalida, Pulnam Co, O., Feb. % 1853

o incorporate the DuytOH anu NlCHlNdI
Rail Rond Company.
Sec. !. Be II enacted by the General Assembly Of
the State OF Ohio, That Peter odlen, JOHN Rench
'homas j. s. Smith, J. D. Phillips. Edward w. Dnvrs
and Henry Stoddard, OF Montgomery county William
Barhee. John G. Teford Henry w. Culherston,
John Clark, Thomas Jay. Joseph Pearson, Joseph
Crown, charles Morris, Jr. William Scott, Rankin
Walkup, Samuel Davis, David Hunter, Moses G.
Michel and Edward II. Barton, Of Miami county;
John Mills Jehh w. Cary, james McCullech, and
Hugh Thompson, of Shelby county, and their associ
ates and assigns, he, and they are hereby created
body corporate and polite, by the name OF Dayton
and Michigan Railroad Company. with perpetual sue.
cession, and by that name andsy shall he entitled
TO have and enjoy, and hereby are invested with all
the rights privileges and franchises and lie subject 10
oil restrictions of the net entitled IAN act regulating
Railroad Companies" passed February 1lth, 1913,
and the acts nmendatoy thereto, except so far rs e
same may he modified by tile provisions Of this act.
Sec.2 That the capital stock of said connRny
shall he eight hundred thousand dollars. win the
Power to increase the same to three millions, DIVIDED
into shares of6ty dollars each.
Sec.3. Said company shall have power to construct
railroad commencing at or near Dayton IN Mont
gomery county, by the way of Sidney, in Shelby
County. Lima, in Allen county, Teledo. in Lucss
county. to tile most eligible point on tue Michigan
State line, in the direction of Detroit
Sec. Said company shall be, m Is hetebv Ru-
thorized to connect at Dayton with any raiI-lO,d
leading 10, and terminating In the city OF Cincinnati
or with any railroad that may he hereafter construct
ed north In direction of Toledo In Lucas county.
sec. o. ihe county commissioners VI uht tounty
through or In which said road may be located shall
be- and they hereby authorized 10 subscribe 10 tile
capital stock of said company any sum NOT exceeding
one hundred thousand dollars, the corporate author
ties of Dayton, Troy. Piqua, Sidney, Lima, Perrys
burg, Maumee City and Toledo shall also he author.
lied to subscribe 10 said railroad any sum not exceed
ing fifty thousand dolars; and the trustees of any
township in any county through which said road may
be located shall he authorized 10 subscribe to the
capital stock Of said railroad company, any sum not
exceeding ten thousand dollars, and In making such
subscriptions, and nll matters relating thereto, the
commissioners Of counties, corporate authorities OF
said eities and towns, and trustees of townships shall
have all the rights, privileges and powers, and he
subject TO the restrictions Of act to authorize the
commissioners Of Clark county to subscribs stock In
railroad companies" passed March 8. 1850. SO far rs
the same may he applicable, not inconsistent With
the provisions Of this act Provided that the vote Oh
the question Of subscribing stock of said railroad
company In any county, city town or township, as
provided for in this act shall be taken ut the annual