Cooper's Clarksburg register. [volume] (Clarksburg, Va. [W. Va.]) 1851-1861, 1854-03-15
An Act

10 incorporate the MOnongaheIG and I2a
UensCood Railroad Company, passed
February 81, 1854.
Be it enacted by the General Assem-
bly,, that it shall be lawful to open books
at Morgantcwn, in the county of Monon-
gala, under the direction of E. Towers,
E. G. Wilson, Henry Doughcrty, Daniel
Holderman and James Shay at Fair
mont, in the county of Marion, under the
direction of James o. Watson James
Neeson, John Musgrave, Thomas S. Hay
mond and NJ G. Cooper at Clarksburg,
in the county of Harrison, under the di-
rection of Rein K. Shinn, Stephen Allen,
Aaron Criss, Augustine j. Smith and
John Hurscy at HarrisviIe, in the coun-
Cyrus Hail. Amos Culp, Alexander Skel-
ton, Lewis A. Phelps and William T.
Williams at Ravenswood, in the county
of jackson, under the direction ofWiIiiam
Park, Squire Rice, Henry Fit zhugh. ir.,
+ B. Fleming and Daniel L. Kemp, and at
such other place or places, and under the
direction Of such agent or agents as a
majority of said commissioners in each Of
the above named counties may appoint,
for the purpose of securing subscriptions
to the amount of four millions of dollars,
! divided into shares of one hundred dol
lars each, to constitute Joint capital
stock for the purpose of constructing a
railroad from the Pennsylvania line, at or
near where the same crosses the Monon-
8, gahcla river, and from thence up the ra-
vine of said river to the junction of the
Tygart's Valley and the West Fork Ri
vers, thence up the latter river 10 some
suitable and convenient point at or near
the mouth OF Elk Creek, in the county
Of Harrison and from thence by the
most practicable route to the town of Ra-
venswood, in the county of jackson, and
TO terminate at, or not more than fourteen
miles from said town, in the county of
Jackson. a- I'M
g. The books shall be opened and the
subscriptions raised in the manner pre-
scribed by the Code of Virginia, prescri-
bling general regulations for the incorpo-
ration of railroad companies, and when
twenty five hundred shares of the said
capital stock shall have been subscribed.
the subscribers, their heirs, administra-
tors, executors and assigns, shall be and
are hereby incorporated and formed into A
body polite and Incorporated by the name
and style.of the Monongaheia and Ra-
venswood Railroad Company" subject to
all the provisions, and entitled to all The
benefits and powers conferred by the pro-
visions Of the Code ofVirginia, in relation
to Railroad Companies. except as far as
the provisions of this act are, or may be
inconsistent Herewith.
3. Ii the capital stock of said Gonna
ny shall be insufficient for the purpose of
this act, the said Company shall have
power, and are hereby authorized to in
crease the same by the addition of as ma
ny shares as may be deemed necessary
for the construction and equipment Of
said road, and the said company shall
have power to borrow money for the pur
pose Of carrying out the object of their
act, and to issue proper certificates or
evidences of such loan. and to pledge the
property of the company for the pay
ment of the same, and the interest that
may accrue thereon. and said company
shall have power to construct somuch of
their said road as the amount subscribed
will allow, and shall have ten years from
the passage of this act to commence the
said road, provided, that said railroad
shall not strike or enter the raYine of the
Ohio river, between the mouth of the
Little Kanawha river, and the mouth OF
Little Sandy Creek above the town of
| Rayenswood, in Jackson county.
4. This act shall be IN force from its.
passage.