The Gonzales inquirer. [volume] (Gonzales, Tex.) 1853-current, 1853-12-24


ing the same, and all other powers, immunities,
rights and privileges necessary to carry into
full effect the provisions Of this act.
SEC. z. That said corporation is hereby
authorized and empowered to survey, locate,
construct, complete, alter, maintain and opcr-
ate railroad, with one or moro tracks or
lines Of rails from q point not north Of the
town Of Fulton, in the State Of Arkansas, to
some suitable point on the Rio Grande, at or
near the town Of FL Paso; and for the pur
pose Of cffecting the desirable and national
object of constructing q continuous and ma
tional railway from the Mississippi river to the
Pacific Ocean, said company are hereby au-
thorized to form connections and enter into
agreements with such other companies as they
may see fit, and where such companies are no
united by agreements properly entered into
and recorded in the Office OF the Secretary of
State of this State, they shall be regarded MS
one corporation, with all the rights, immuni-
ties and privileges necessary to accomplish
the object, not inconsistent with the Constit,l-
tion and laws Of the United States, or any
Of the States through which said road may be
constructed.
SEC. 8. That the capital stock Of tho com.
pany shall bo twenty millions Of dollars,
which may be increased from time to time to
any sum not exceeding tho entire amount ex-
pended on account of said road, divided into
shares OF one hundred dollars each, which
shall be deemed personal property, and may
be subscribed for, issued and transferred in
such manner and at such times and places
as may be prescribed In tho bylaws Of said
company.
SIC. o. That said contractors shall have
power to organize said company by calling q
meeting of tho stock holders, at such time
and place as they may deem cxpedient, to
elect board Of directors to consist Of not cx-
ceeding fifteen members, one of whom shall
be chosen by tho directors to act ss President,
and said directors so elected shall have power
to appoint such other officers ard agents as
they may think proper, and to adopt such by.
laws as may be necessary, not Inconsistent
with the Constitution Of the United States,
nor the Constitution and laws of Texas, q
copy Of which bylaws shall be filed with the
Secretary of State, and published in at least
three newspapers in the State; to provide for |
the meetings Of the board of directors; appoint
and dismiss officers and agents; regulate the
manner Of the voting of stockholders; direct
the manner in which shares shall be sold,
transferred or forfeited; to establish from time
to time rates and charges for the transporia-
tion Of freight and passengers; to make, have
and use . common seal, and alter tho same at
pleasure; issue bonds of not less than five
hundred nor more than ono thousand dollars
to borrow money upon the bonds Of the com
pany or otherwise, for the purpose Of con-
structing said road, with power to mortgage
the same to secure the payment OF said bonds
and loans with tho interest thereon; provided,
that at the first election Of directors as herein
provided the directors shall regulate the man
ner in which stockholders shalt vote,
SEC, 10. That said company may construct
It's road over or across any stream or body of
water, road, highway, or across any other
rai 1.-Two nal nd oh oh hx,l
individuals or corporations, and in oil cases
where lands belonging TO individuals or cor.
porations shall be taken by said company, il
shall be lawful for tho owner or agent of such
person or corporation to appear before the
District Court Of the county where such lands
are situated, when the damages claimed amount
to one hundred dollars OF more, or before the
nearest Justice Of the Peace when the dam
ages are one hundred dollars or less; and said
suit shall proceed and be conducted according
to the laws in force regulating proceedings in
the District Court and in Justices Courts, as
the case may be, and the question of damages
shall be tried by n jury, sworn and ompannell.
ed as usual In said court to assess tho dam
ages caused by taking such lands; and said
jury in rendering their verdict shall take into
consideration whether the enhanced value sfl
tho residue Of the land belonging TO such per-
son or corporation has not been by means of
damages sustained, and if so, they shall render
= verdict in favor Of said company, otherwise
against Il, for the amount of damages which
he, she or they may have sustained provided,
that in no case shall said company be hound
to pay costs, if IL satisfactorily proves that an
amount equal TO the damages assessed by the
verdict of the jury was rendered to the party
suing before the institution of the quit; and
the payment OF such damages, before or amer
a judgement, shall operate so a. to veat In
said campany full and complete title 10 such
land not exceeding three hundred feet In
width.
SIC II. That said company, siter they
may have commenced receiving toll On any
section az tlfty miles Of said read, shall bc
bound At all times To have The same in good
rcpalr, and sufficient number of suitable
carriages aud vehicles fsr the transportation a(
persons and property.
Src 10. That said eSsnp.ny, person or per.
sons shall, within sixty ,iaye sies entering saso
the contract, as hsselh provided sor. dcgosis
With the Treasurer ~ the State af Texas, al
least three hundred thposand tloilafk in sala
OF SILVER. os evidences ~ debt oi The State az
Teas eg other god psr s,ssks. ss saaEsn
ice tass slfly tasles os more ef sAid mad shAil
ee cosss''sssl and IN essapl4te erssF to i,ass.
s.ess within sae ssrEa II esshse~a fneaths !s,ssa
wv sNs ~ Tats SFosseNss &ft,t " ttf4F fntsfS SO
tneFs ef sad road te sSssaps<sea ss.ssAlee "a
iac sefsns a ,ks esasssaes, thea The Csoxssssss
shall cause he sA,d tacaxy * ssoekS 10 sse ~.
tayned Ia esid oceapsays sSd IN e.zss ~ q sAss. 1
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