Kenosha telegraph. [volume] (Kenosha, Wis.) 1850-1854, 1853-04-29


the company may require; to make any con-
tract or agreement which they shall think
proper, with any other rail road company,
whose rail road shall come in contact there
with, for the leasing or purchasing the whole
or any part of any railroad, constructed by
such rail road company; to make and es-
tablish such bylaws, rules, orders and regu-
lations, not inconsistent with the constitution
and laws of the q. States or of this state, rs
they shall think necessary for the well order
ing of the affairs of said company, and in
general to superintend and direct all the ap-
preparations, receipts, disbursements, and all
other affairs and proceedings of said compa-
nv.
SEC. 6. The directors shall issue certifi-
, cate or certificates to the stockholders for the
number of shares held by them respectively
iu said corporation, signed by the president
and secretary, and sealed with the common
seal ofthe company; subject however, to all
the payments due or to grow due thereon,
which stock shall be transferable in such man.
ner as shall be provided by the bylaws of
the company.
Sec. 7. At each annual meeting of the stock
holders for the election of directors the d.
reetors of the preceding year shall exhibit to
them complete statement of the affairs and
doings of the company for such year
Special meetings of the stockholders may be
called by order of the directors, or by the
stockholders holding one-fourth of the CAPT
tai stock, on like notice as that required for
annual meetings, specifying the object of the
meeting.
SEC. 8. The said company shall have
power to locate and construct rail road,
with one or more railways or tracks, from
such point in the city of Kenosha, in the
county of Kenosha, to such point in the vii
lage of Beloit, upon the Rock River, as shall
be determined upon by the board of directors
and to connect with any other rail road run
ming from Rock river to the Mississippi riv-
er; and the said company shall have power
to transport, take and carry property and
persons upon such road by any power and
force whatever, and to make, construct, and
put in operation all turn outs, side tracks,
and connecting tracks, as they shall think
VIII promote the interests of the company :;
and to erect and construct all such depots,
station houses, ware houses, car houses and
shops engine houses and shops, toll houses,
machine shops, and all other fixtures useful
for the accommodation of said road, and of
those using it; to manufacture or purchase
all necessary engines, tenders, cars, and 9th.
er conveniences for running said road; and
they shall have power to connect the said
rail road with any rail road or branch rail
rNol in fharatuitb npH 70 an
crate the same in connection with such 9th
er rail road or branch rail, and to lease or
purchase from any other rail road company
whose railroad shall come in contact there
wiih the whole or any part of any rail road
or branch rail road owned by such company
whose rail road come in contact Herewith,
or TO lease or to sell to any other company
the whole or any part of the rail. road to be
built or owned by this company
Sec. 9. The said company is hereby au-
thorized and fully empowered in its corpo-
rate capacity, to borrow any sums of money
from any person or persons, corporation. or
body polite of any kind, and for any rate of
interest which may be agreed upon by and
between said company and any person or
party of whom such moncy1nay be obtained
and to make execute, and deliver all necessa-
ry writings, notes, bonds mortgages, or other
papers and securities in amount and kind as
may be deemed expedient by said corpora
ton in consideration of any such loan or in
discharge of any liabilities that it may incur
in the construction, repair, and equipment or
running of said road, and the powers of the
said corporation for the purposes aforesaid,
and for all purposes necessary to carry out
the object of said company namely, the con-
struction of a rail road from and to the points
aforesaid are hereby ratified and confirmed,
and the contracts and official acts of said
company are declared binding in law and e
guilty upon said corporation, and upon all
other parties to such contracts.
Sec. 10. If said corporation, shall not,
within three years from the passage of this
act, commence the construction of said road,
and spend twenty five thousand dollars, then
the rights, privileges, and powers of said
corporation, under this act, shall be null and
void.
SEC. IL. 1t shall be lawful for said company
their officers, engineers and agents, to enter
upon any land for the purpose of exploring,
surveying and locating the route of said road
doing thereto no unnecessary damage, and
when the said route shall be determined by
said company it shall be lawful for them,
their agents, officers engineers contractors
and servants at any time to enter upon, take
possession of, and use such land, not exceed
ing one hundred feet in width along the
line of said road: subject, however, to the
payment of such compensation as the COM
pany may have agreed to pay therefor, or
such as shall be ascertained in the manner
hereinafter directed and provided, III such
cases respectively; and said company are
further authorized by their officers, engineers,
agents and servants, to enter upon lands ad-
jacent to the rail road, beyond the limits of
one hundred feet in the manner provided in
this act when necessary for the purpose of
erecting depot buildings, station houses, and
necessary fixtures for the operation and for
the business of said road, and for the pur-
pose of making drains and giving a proper
direction to water courses across or along
said road, when the same are necessary. be-
vonJ tha limits of said road an1 to ran17ya