Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1853-03-24
AN ACT
To Incorporate the Glasgow and Chari-
ton Plank Road COMPANY.


Safe Of Missouri as tollops:
81. That for the purpose of constructing
plank road from the City of Glasgow, in
Howard county, TO "a point at or near the
junction of the Bloomington and Keytesvlle
roads, in Charlton county, to be selected by
the president and directors, company is
hereby incorporated to be called 'the Glas-
gov and Charlton Plank Road Compa-
ny" and by that name and style it shall
be known as body corporate and polite,
with perpetual succession, and shall have
full power and authority to purchase, pos
sess, enjoy and retain, lands, goods, chattels,
and effects Of every kind necessary to ac-
compish the objects Of this Incorporation,
and the same to sell and dispose of at plea
sure, to have and use a common seal. and
alter and break the same. 10 sue and be
sued, to plead and be implcaded. to defend
and be defended, in all courts having compe-
tent jurisdiction, and to ordain and establish
such rules, regulations ard bylaws as nav
be necessary and useful for the wcll-being
of said corporation.
81. The capital stock Of said company
may amount to any sum that may be neces-
sary to complete said road, and shall be di-
vided into shares OF fifty dollars each, for
subscription of which books shall be OPEN
ed under the superintendent of James S.
Thomson, r. w. Lewis, john D. Perry.
Henry Shannon and VIM. \. Mcclure, or
either of them, at such times and places as
they may appoint, by due notice thereof pub
lished in the Glasgow newspapers.
So. Five dollars on each share shall be
paid at the time of subscribing, TO some one
Of the superintendents, who shall give a
receipt therefor, and pay over the same to
the treasurer Of said company, and SO soon
as eight thousand dollars or more shall be
subscribed, the said company shall appoint
day to elect five directors Of said company.
and give at least fifteen days notice Of the
time and place Of holding the election, pub
lished as aforesaid. And said ,upcrinten-
dents or any two Of them may preside as
Judges at said election. and when the polls
are closed they shall notify the persons
elected as directors, and appoint day fol
them to meet and organise board by elect
f ing president from their own body, anC
, appointing a secretary. treasurer. and sucl
other officers as they may require.
f 81. At elections of directors and all gen
e erol meetings of said company, every stock
2 holder shall be entitled to one vote for eacl
f share held by him, which may be given b,
n proxy under written authority.
So. The board of directors shall emplo
competent person to survey the route c
|. said road from Glasgow by old Charlton
and across the east fork Of Charlton river
thence in the most direct line practicable t
the point of termination; having due regar
to the facility of constructing said road; an
they may locate the same upon or over an
" State or county road, or any street, lane c
alley, in any town or city.
- 56. Whenever four miles of said roa
shall be finished, toll-gate may be erecte'
, and for every additional four miles {
more when finished, additional toll-gate
Or may be erected, until the whole road is con
IN pleted and tolls may be demanded and &C
c. lected at each gate from every person usiI
al said road, not exceeding the rates per nj
limited in the charter of the Glasgow a,
I'd Huntsville Plank Road Company. SUI
tn gates may be changed or removed at al
x time by order of said board.
ly 81. Said company may extend said ro
p or branches through to Keytesvillc, or al
H. other point in Charlton county, if so dete
It. mined at any time by majority of the vot
1t of the stockholders, at general meeti
as convened for that purpose.
. SS. Books may be opened from time
nd time for subscription Of stock, by order
ne the board Of directors, until the whc
at amount necessary for constructing said ro
OF or any extension or branches thereof, sh
be subscribed.
50. The president and directors Of So
re company, may fiji! all vacancies that may c
in cur in their body. The first board sh
nd continue in office until the first Monday
- August, 1855; on that day, and on the fl
"a Monday in August in every two years theI
'e- after an election of directors shall be he
on But if from any cause an election is i
held on that day, it may be held on any OF
er day the board of directors may appoil
e. Every board of directyrs shall hold the
he offices until their successors are duly ele'
80 ed and qualified.
" $40. The sixth, seventh, eighth, tent
on eleventh, twelfth, sixteenth, eighteent
I'D twentieth, twenty-frst and twenty-seco
n sections of an act, entitled ''An Act to
corporate the Glasgow and Huntsville Plo
Road Company approved February
l. Ill l., l.. i