Nebraska advertiser., 1857-04-02

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with succession under the naras and style Of
BrOwnvi8s snd New F0t KeErnsy RAILROAD
tGompanv. sgrssab1s to charter third ct the
iLegshture Of NSbraska Territory entitled
San act fr rev EEn9 c8ns0lidztinESand pTepar-
ing q general Cede for the Territory Of Ne
brasks," approVed January 25, a. d. 1856.
Arr. 2-TIh business Of This evaporation
shall Be, and hss the p0wer to construct and
build q Rail Rad. with doubleOr single track.
from the MISC uri river At BroNnvils In Ne
maha county, q at any other point on said
Missouri nTeE within fifteen miles above Or
below said town OF BDEnxile to New FOrt
Kearney, and thence to west line Of theTeni-
tory C NEBRASKA with power To connect with
other read OF Toads, OF extend this IN other
States and Territories where the laws Of these
States or Territories permit.
AET. Said Company shall have the
power to mako, adopt and be governed bysuch
nales and regulations IS the interest OF the
Company may require, not incompatible with
the laws Of tie Tnited States and this Terri
t0ry, and NAV eoGueck with and consolidate
stock Wfth OTHER companies provided always
that nothing il this article Of Interpretation Be
so construed as to give them the power and
privileges Of banking.
ARE Sad corp0rztion is hereby author
lied to lay out their said Road one hundred
feet wide, the whole length, and for the pur-
pose Of cutting entertainments. stone and ga
vel, may take as much mare land as may be
necessary FOR the proper construction and secu-
Tity Of said Road. h,IsI
ART 5-The capital stock Of said Compa-
ny shall consist Of five millions Of dollars, to
Be divided intO shares of one hundred dollars
each. The immediate governments and direc-
ton Of said Company shall be vested In the
persons named in these articles Of inc1Epora-
ton, who shall hold their Office until a Board
of seven Directors shall be elected BIZ the
stockholders Of the Compaay and be quail
fed.
Arr. 6-The Board of Directors shall be
elected anuuaIIy, in accordance with the rules
and Bylaws Of the Company. and held their
Office until their successors are elected and
qualified. The said Directors or a majority
Of them, shall elect one of their number Presi-
dent of the Board who shall also be President
OF the Company.
Art. 1.-The said corporation shall have
the exclusive power and privilege Of buildius
a Rail Road between the points before men
toned, and is hereby authorized BY the proper
officers SURVEYORS and engineers 10 cause such
examinations and surveys to be made Of the
! gonnd and eoentU between said points as
shall be Necessary 10 determine the most ad-
vantageOus route or line for the construction Of
, said Rail Road, and It shall be lawful for the
said corporation to enter upon and take pos
session OF and use al such lands and real estate
as may be necessary to determine the m0st
advantageous route and line for the construc-
: ton of said Rail Road. And it shall be law
full for the said corporation to enter upon and
! take possession and use all such lands and
real estate as may be necessary for the cons
ttuctiOn and maintenance of the Rail Road
and t-heocciPatiOn that may be requisite to the
same, ard Rnay purchase or receive, and hold
: lands for the purpose of said Road, and to aid
as means fer its construction.
AR. 8.--That any person or persons, msli
d ciOusly, waRtonly, or wilfully damaging or de
strOying-anF property belonging to said Com
pany, shall forfeit and pay to said company
I, treble the value thereof, to he asce-tained By
any cOIrt having jurisdiction, and shall b
deemed guilty Of a misdemeanOE. AID punish
ed accnrdfIigly.
ri Arr. 9.-The Board of Directors shall Il
! the time and place of holding the annual cleo
ton aud regular meetings of the Board ant
Company, and at such meetings esch stock
holder shall be entitled to one vote in. peTsol
4 or by Ir5xy for each share he lawfully oEn
m said Company, provided that no person
!, shall at any meeting cast more than one-tent
: of all the votes of said Company.
g ART. 10.-And the aforesaid incorporation
or a majority Of them, are hereby authorize
to open subscription books for the stock OF sal
Company, at such times and places as nav b
agreed upon, By their giving proper motto
l. thereof By publication, requiring such per cen
se upon each share subscribed as they may deer
!. proper, and when two thoasaHd shares al
subscribed, such commissioners shall call
2 meeting of the stockholders for the purpose {
re eIectinga Board Of Directors fof the ensuin
gs year. And when the said Directors are chose
/ the said commissioners shall deliver to th
said Board of Directors all books, moneys an
, l other effects belonging to the Company. Th
er said Company when thus organized are heTeb
authOrizett e issue certificates Of stock, to Dol
row money%ot exceeding the capital stoeE
and make ali such contracts as may be ueces
1d sary TO carry into effect the powers herei
II grained, and for the purpose of obtaining me-
s. ney with which to build OF eqHiF said road {
any part thereOf, said Company may issue
le bonds, signed and sealed BY snch Of its Office
d as may be authorized BY its Bylaws in snc
As amounts, and payable at slpch times and wit
* such rates of interest and may be sold for sue
sums a the Directors may determine.
ART 11-The corporation may fake an
transport persons and every species of propert
and merchandise, or produce, or other propert
!; by the force of steam or other " and ma
tx and establish rates of toll for the traEspO
o. tation Of persons and property over said Roai
lat Arr. E2-The said Company shah tfaH.
port the United States mail upsn such tern
as mar be agreed upon by the Post Office Dt
pertinent and the Company.
ne kRT. 13-The Company shall conamen'
ID constructing said Road at some point with
ne the boundaries on the Missouri river, as spec
fed in article two of this article OF aszOciasio
within ten years from the date Of fling al
recording of this article, and e0mplete for
il miles Of the same within five years from U
:; date of such commencement.
Arr. 14-Said Company failing to comp
with the TequisitioGs Of this article Of inco
Is p~oratioa, the privileges herein secured shall
mil aud roid-