The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1857-06-18

the capital stock of such company, af-
ter adding such increase to its previous
capital. signed by the president and secre-
tary of the company. shall be deposited
in the Office of the secretary of state. be-
fore the capital shall be held to be So in
creased
SEC 3. That the directors of.any rail-
road company heretofore. or hereafter or
ganized under the act to which this is sup
Elementary. that shall have expended in
the construction of its road ten per cent.
OF its authorized capital, and shall have
obtained actual bona fde subscriptions to
its capital stock, to the amount of at least
twenty per cent. thereof shall be and II
is hereby authorized thereafter to receive
subscriptions to their capital stock, paya-
BILE in such installments dependent upon
the completion of the whole or any part
OF its road SO that cars may pass over the
same as its directors may deem exped'ent
and upon full payment there alley, pub
lie way or opening, two or more tracks OF
the same gauge, through any city or in
Icorporated village, it shall and may be
competent for the city or town council
Of said city or incorporated village to re-
qure said railroad companies to use said
railroad track in common of, to issue
stock; Provided, however, that no sub
scriber to the stock hereby thorized
shall be entitled to any of the privileges
of stakeholder until his subscription is
fully paid, nor shall he for any purpose.
be deemed stockholder until the hap
pening of the contingency, upon which
the installments on his subscription are
made dependent.
Sec. 4. When two or more railroad
companies heretofore formed or hereaf
ter to be formed under general or spe-
cial law have laid down or shall hereafter
lay down in the same street, and to pass
their locomotives and cars over each of
said tracks only in one direction.
Sec. 5. When the track of any such
railroad company crosses the track OF
the same guage of any other railroad
company, either company shall have the
right to convert the tracks of the two rail
roads SO crossing, SO as to admit OF the
passage of cars from the one road to the
otASl Will taSiitty > So AS W a. Wv 'A1~ ~
cessity of changing cars or trans-shlpplng
! freight.
SEC. 6. When the tracks Of two such
railroads cross each other at common
grade, the crossings shall be made and
kept up, and watchmen maintained at the
joint expense of the two companies own
ing said tracks, and all trains passing
over said tracks, shall come to a stoI
within six hundred feet of such crossings
and not cross until signaled as to do by
the watchman, nor until the way is clear
And when two passenger, or freight train
come up at the same time, the. train oil
the road FIRST built shall have precedence
provided they are both main tracks owe
! which all passengers and freights from
said road are transported, but if one only
is such main track and the other is a sid,
or depot track, then the train on the mail
track shall take precedence. But ii the.
be passenger and a freight train, thel
the passenger train shall take precedence
SEC Z. When the tracks of any tw
such railroad companies connect as afore
said it shall be the duty OF either com
pany when required to transport owe
their road to its destination on their roat
any freights offered, in the cars in whicl
it is offered, at their local rates per mile
f as set forth in said company's freight tar
iff, for the distance most nearly CORES
ponding and to return the cars with o
without freight without unnecessary de
lay Provided, that nothing in this sec
ton shall be so construed, as to requir
any railroad company TO move upon it
road any cars which do not conform i
breadth of guage and in other respects t
its own cars, nor any that are not sub
stantially built and in good repair-nor
use its machinery in moving the cars {
another company to the neglect or sus
pension of its regular usual business.
, SEC 8. This act shall take effect 6
the time ofits passage.
N. Fl VAN WORRIES,
, Speaker of the House of Representative
7 THOMAS H. FORD,
President of the Senate.