The Perrysburg journal. [volume] (Perrysburg, Ohio) 1853-1861, 1856-07-31
he same manner as provided in the second sec.

the same manner as provided in the second sec
tion Of this act.
SEC g That when the foregoing provisions
have been complied with, the persons named as
corporators in said certificate, are hereby au-
thorized TO carry into effect the objects named in
said certificate, in accordance with the provis-
ions of the said act and of this supplementary |
act and by the name and style provided in such |
certificate shall be deemed body corporate with
succession, and they and their associates tohave
the same general corporate powers as is provid |
ed in the third section Of the act TO which this
is supplementary, and shall be subject to all the
restrictions hereinafter provided.
SEC. 3, That whenever twenty per centum of
the capital stock OF such company shall be sub |
scribed and paid in, said corporators, any of
them, shall, in some newspaper published in the
county in which said company is situate, give
notice of the time and place for holding a meet.
ing for the election of five directors, and the
election shall be made by the stockholders at
tending for such purpose, either personally
or by proxy; and each share Of capital stock
shall be entitled TO one vote said election TO be
superintended BY one or more of said corpora
tors designated for that purpose by those in at
tendance, and in case of failure, to hold an
election at the time specified, the corporation
shall not, on that account, be dissolved, but
may proceed a another time 10 hold an elec
tion, due notice being given as above express
| ed.
=.
| the stockholders at place and time designated
by said directors, for the purpose of eecting five
directors, who shall hold their office until the
next annual election, and until their successors
are duly chosen and qualified, The powers of
said corporation shall be exercised, and its bust
ness managed by said directors, who shall be
| stockholders in said company.
SEC 8. The board of directors of said com
pany shall have power TO prescribe the duties
| and establish the compensation of the several
agents, engineers, artists and workmen in the
employ Of sei5 company; 10 establish such rules
i and regulations and make such bylaws not in
consistent with the laws Of the state and United
States, as in their judgment shall be necessary
for the efficient prosecution of the objects of
this incorporation have full power TO construct
and maintain sewers and drains, and to lay any
conductors or pipe for conveying water and 9th
er lqud matters from the lots, houses and streets
+ through aud under the streets, sidewalks, public
highways, alleys, commons; wharves or land
ings OF any city, town or village OF this state /;
and upon application by said company, the city
Il council of any city, or the trustees of any in
corporatcd village may, in their discretion grant
to any company duly organized according to the
terms of this act the privilege of exercising the
, corporate powers conferred by this act within
the limits of said city or village, FOR such term
or terms Of years, and upon such conditions
and limitations shall be deemed expedent,
and at the expiration OF any such term or terms,
said municipal corporations shall purchase from
said company their property consisting of sew
crS, drains and pipes, actually laid and construc-
ted with the appurtenanceS thereuniO, and such
materials and fixtures apperialnIng to the sumo,
on hand at the time of the expiration of said
term, at price not exceeding the actual cost
thereof unless renewal ot the privileges here
in granted, be extended to said company by said
, city council or trustees OF amy incorporated VII
luge and Whenever said municipal corporation
refuse or fail TO extend upon petition of said
- company, the rights and privileges herein above
expressed, the suId muniCip pal corporations shall
purchase the sewers, drains, end appurenanccS
! thcrcunlo belonging, of the said company at IA
= price not exceeding the actual cost OF the same,
% for the use and benefit OF said city or ncorpor-
a,cd village and said city council or trustees OF
any Incorporated village may require from said
7 company such reasonable security as they may
deem II. crssary for the faithful performance Ul
, the DUTIES imposed on said cuupuuy by this act.
i Provided, thut no grant shall be made 10 amy
company and no power or privilege shall BE- con
: ierrrd upon or ,XrIci-cd by ii under this act
which sh3Ii interfere wiki the rights Of any 9th
, ,r person or corpora len, t"I that no person
Il shall b tex without his consent Tor any drain
70 age or sewerage ccnsttuct,l By said company
shall 5t liable for 81! tImaget CccasIoned by lis
u acts ncglec.s OF defaults to the rights OF other
p rsons and corporations.
u SIC. Is. The city cpuuciI Of any city, or IN,
trustees of any incorporated ,i.iar", IN whicl
any company shall be urgau.z'd under this act
are authorized TO contract Win AN! SUcH Curlu
Iatiun for the construction AMI us, Of such sew
y.S o. drains for doiuing the streets, alleys, lots
/ commons whurlrs or grounds within their Ger
poutc limits, and said municipal corporation
shall not use said sewers or drains in any mar
D uer except by and with the consent OF said con-
:, puny, ami in ;h- manner and upon the terms anc