Kenosha tribune & telegraph. [volume] (Kenosha, Wis.) 1856-1859, 1857-03-05
AN ACT
AN ACT
to Incorporate the Kenosha Pier
Cnmnauv


The People Of the STATE of Wisconsin, REPRESENTED
IN Senate and Assembly, do enact as fol-
lo,es:
SEC !. Ephraim S. Eikins, Samuel Hale, and
Harvey Durkee, and their associates, success.
ors and assigns, are hereby constituted a body
corporate and polite, by the name OF " The Ke
nosha Pier Company for the purpose of keep
ing and maintaining Piers erected in Lake
Michigan, at the city of Kenosha, with the
Warehouses and out-buildings thereto attached
keeping the same IN repair, or rebuilding the
same as they may deem necessary; and doing
thereon whartng, warehousing and other bust
ness thereto appertaining: and for that pur
pose they may by their corporate name sue and
be sued, plead and be impleaded, appear, prose
cute and defend in all courts and actions what.
soever; may have common seal, and the
same alter and renew at pleasure and may
purchase, hold. mortgage, lease, transfer and
convey any real or personal estate, and enjoy
all the privileges incident to corporations.
SEC, 2. The persons named in the First Sec.
ton of this Act shall be the first Board of Di.
rectors of said Body Corporate, and shall hold
their places such Directors until their sue
cessors are elected, hereinafter provided
The SAID Directors shall cause book to be
opened and kept, containing the names OF all
persons who are stockholders of said Company,
showing their places of residence and the num-
Der of shares of stock held by each respectively
and the time when they respectively became
owners of said shares, which book shall be kept
open for the inspection of stockholders at ali
usual hours of business.
SEC g. The Capital Stock shall be divided
into not exceeding Five sHundred Shares, OF
One Hundred Dollars each, and the said Com
pany may provide for the sale and transfer
thereof, in such manner and form as they may
deem expedient.
SEC. 4. The First Meeting of said corpora
ton shall be called by the persons named in this
Act, at such time and place in said city of ke-
nosha, on or before the first day of March, 1857,
as said persons may elect, and at such meeting
a Board of Directors of three shall be chosen
among the Stockholders, by ballot; each share
of Stock shall be entitled to one vote, and a
ma oriiy of votes cast shall be necessary TOR an
election Such Board of Directors SO elected
shall take charge of and conduct all the business
and affairs of said Company, subject to such
rules and regulations as may be adopted by the
Stockholders, and shall hold their offices for one
year, and until their successors are elected, and
they may make such rules and regulations in
relation to the management of the affairs of sal d
Company as they may deem expedient, not in.
consistent with the rules made by the Stock
holders, or the Constitution and Laws of this
State, or the United States.
SEC. 5. Said Company shall not at any time
contract debts to an amount exceeding the Cap.
itai Stock of said Company.
SEC. 6. This Act shall take effecs from and
after its passage.
Speaker Of the assembly.
GEORGE L. DEXTER,
President Of The Senate, pro tenn.
Approved February ~, 1857