The Minnesota pioneer. [volume] (St. Paul, Minn. Territory) 1849-1855, 1853-04-14

BE enacted by fhe Legislative assembly Of The Territory Of Mn
George Johnson, John Rollins James Wells c. Carl Emanuel
Case William p. Murray William L. Larned r. P. Russell, R.
NJ Spencer Alfred f. Ames and Edmund Rice and those who
may hereafter become stockholders the hereinafter
scribed their and assigns be- and they hereby
created body corporate by the and style of the ST. Paul
and ST. Anthony Railroad Company perpetual succession
and by that and STYLE shall be- and hereby made capable
law to have purchase receive possess SELL convey and enjoy
real and personal and them their and
requisite necessary
in the transaction of their business and be sued mead
and be mpeaded and be answered defend and be
defended Of record and elsewhere and also to have
make and SEAL and altar change the
same at their pleasure
That said corporation hereby vested with
right and authority construct railroad commencing
the town of ST. Paul. the Of Ramsey and thence by such
route as the directors select to or near the town St
Anthony the county Ramsey the directors may hereafter
determine.
That capital stock said company shall be Four
Hundred Thousand Dollars and shall be divided into shares of
one hundred dollars each
T. That the above named persons, any of thcm
hereby authorized order books fer subscriptions
times the town of ST. Paul and at such place places
be deemed expdent under the direction OF not less than two of
newspaper published lhc county where books of
subscription opened of the time and place of opening of
subscribed they shall give like notice for meeting OF stock
holders to meet at such time and place they designate TO
choose by ballot five directors, who shall continue Office for the
term of and until their successors arc elected and quail
fed and all elections for directors, each share Of the capital
stock shall enle the thereof vote and either
% hm N h 80 r,d ;no Of s,ch ,ect;on and thew shau
cer, hands who elected dcctors and
election shall be held annually such time and place the
stockholders or directors may appoint" or as the laws OF the
cooperation require and the directors sa
venien eject from their number President and Treasurer
of the corporation.
SEC s. upon every subst rption there shall be paid
the Of subscribing the authorized TO books
the sum of twenty dollars and the siue thereof shall paid
such times be required by the
President and directors OF SAID the Treasurer thereof
said directors authorized to take and receive from such
persons shall purchase such stock Aforesaid such bonds
for the residue OF the purchase money SAID stock they
may deem eXpedien
Src 6 That if said company organize within
year from the date Of the OF this act and have the road
completed three from the organization OF SAID company
then this act shall be void
SEC = That the directors power determine
construct the number tracks, urnouts branches
ragcs covcyances orehc depo shops foundries
and other and machner and also prescribe the
mode of transportation aud also to- have to construct
double track Railroad if they deem cxpedien
SEC 8 That said shall have the right to enter
any land to survey SAID and
any necessary the construction and repair of
said work lands materials shall be taken
for the construction of said work and the shall be given
granted SAID company and the thereof do
company the compensation to be paid therefor
in the under disability to contract
Territory application may be made by said
company any Judge of the District Court Justices
Peace said which such lands and materials
be; and theeupon shall be the duty of said Judge said
Peace issue his their to the Marshal
the Sheriff OF SAID county commanding in to summon three
dsinecsted feehdrs OF SAID county a'brae the
pensaou awarded to such who shall be
and paid arbtraos IN other cases. and they or
majority them, shall award arbtraors between the parties.
copies their award each Of the paies writing,
from which award either party appe" within ten days there
after by giving bond and security TO the opposite party such
prescribe, the district the said
land materials situated, which appeal
proceeded other # appeal and IN all
shall be claimed shall be
duty and the and off
which the location and of said road
and said company shall have the right
retain own hold and possess materials and 10 the and
occupation sad lands fully and absolutely if the
granted and conveyed said by deed Pro-
rid That said company shall upon any land for
purpose constructing the SAID road for the Of
curing materials for the they shall pay the
such land materials for the same, may
be agreed awarded BY the provisions OF this section.
That If shall be the seic cion Of the
of the road the with,
anv her road bridge made erected by company
Incorporated authorized by law of this Territory
lawful for SAID and 1t hereby authorized
agree with such for the
bridge, for the transfer
other rights prtV of such
or persons and directors of this corporation;
other corporations and incorporated
acng this Territory, hereby authorized
encp transfer by and through the
agency corporate officers such other persons BY
any law Territory nmsted with the direction and
ma road bridge and every
made the hereby granted when executed y
the several parties their seals otherwise legally
privileges said corporation persons shall
fled in the contra and agreement above referred to-
Src TO- shall be necessary for
Of
laying the route Of said road, shall