The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-09-30
AN ACT
provide for the Incorporation aud regula

AN ACT
To provide for the Incorporation aud regula
ton OF Railroad Companies.
h. u eaasd by bs Eeyis,ags of ~. Slut Of HHnssh,
section Thai any number II prr.-ns NOT less uiaa
byr, asspentss fnr ID" purpose - consiraehs rail
road sh II subscribe statement wh"h shall specify as
'o!i"ss
F.r-t- The name assumed by such company ani By
s-eoniTbs and place Of residence Of each Of
'ae PERSONS forming 'as s.9eistioa .-.
fhriihe BaGn- Of the place places ~ the termini
al sad rnsi, Aani the o0nG'y or counties through
shieh SAID road hail pass
Ysur.h-inr amount Il capital STOCK necessary h, COZ
s'rue SAIL road such saement verified by the Ahitv'
Of two more Of The persons trrein sha be arAlnn
edsm-Dl u dess and rsrhcd ~ tn cl-rt OF b- district
court and dlrd ~ he cce q he Secretary Of ~ate To-
se ~ s a ~ ,s $50 -
state, shall be evidence Of INC "1tstrnoe u such com
psny
see (, That when such certificate shall have b~-l o.
ed and recorded siotesA the persons named
p0rsors b"rein hereby auth TiE"i "a carry NO 81
feet ih- Objects named IA sai carincae, ia ancopltncr
with The provisions IT III. act ssi hey and their
eises successors aud assigns, by the name and style
provided "a sad certificate, shall thereafter De deemed
body corporate With WIN power tosue and
be sud plead and b. mi l. AIDED ,'trId sUd l.. dc
Tended contract AID b- contracted win, acquire and
convey Al plea.ure all uch real and personal estate As
may be necessary aud convenient % carry hp "urc' the
obJscts Of the lne1rpprston tn make AMI as" common
seat and the u ssr at pleasure and To do all acts
necessary - carry into elect IN" "lct Tor "h'h was
created aud such company h.li po'-".s AZ me- powers
and be suhJecl 10 a. rules liabilities and resr cuons
vieh BY mas s' Provided ma tny coz ,fal.n p, cot
porsDs FORMED aud orgsfked or oonsoi dated under
tlFtus tbis rhrf'islns 'ANfitss
any banking p"srr- nni.r any pr"'rnee wha1eVcr or
the hp.incs- OF broker brokerage, shall forfeit their
night sOu and consol isipn under or by var
tue of this act.
sec. Any corporation formed IN pursuance of this
shail be, and Is hereby all IN s-d To construct and
matat.,ns ri. lroat with sugl- or doUbl. track, with
such side tracks, turn GUS offices. ami depots A. u may
deem necessary, bss--n thr pon named IN the o"r'i
Gcstc comm.nc bR within and extending T." ~ NJ,
o~n. city % village along Ia" ua OF s'ii road or
named ths place uf IA. trTmui OF surh raj and
brat ches from he main ltne ~ other iowns or pla
ce- within The limits Of any county through i'h SAID
raj may pass
see l. m. capital stock Of such company shah b- 81
Ehei Into shares ct an iotrs each and coas.' Of such
sha be regarded a. personal proper j. aud shat he sab
ice execution a. lAN.
stoos shall be pay able al the un- Vi nasnS the sIb
srrpr"n and the residue thereof .ha be pad IA .-ch
nst. nens and al sueh imes and aces, ADD u such
may be required b, he directors ct such com
see g. II ANY install mont Il s,Ics shall remain ~
psh, hrr sity Gays after he umc u may be required.
whether such .os IA he ~ Hn ss-g"-" tcs"sirrrr or
al subscriber Inc ZANE may he collected BY
Of irh the directors may s~ IA" stock uHpad
public auction. for the INST .ii@en, then due thereon
brst giving thirty days pub notice OF n" Nm" ar.
ot sale IN some newspaper IN general cbtu" III II"
county ~h~r. such delinquent siockhrier resided a. he
uu' 0l making such subsc ptnp, becoming such A.
OF rsu-ferc~ or IN he c"nIiy :" hs ~ uA' res,
d"ncr al ne ime :" such as.ishnent uI H.n-lrt ~ II
such shoier reside OF the state, such pGhlies
sb. b. made 10 the ctuu'y where he priucp, 81
Ace OF The company Is located sui n any residue Of
money al al rcmAin after paying tae mpHut due sad
SUCK. the .sms shAii. demand b. paid over 10 the
such sale tle' nier shall he y-rnbie by an
acdon Of ieu against the snhser er assignee or rams
terss.
See : That whenever any r,'road company hereto
fore incorporated. Nsd and Incorporated under the
gt-i''., 81 nus So sn. ~ nr up,ni'n y" . 80.
they shall IL authorised The holders 81 majority oI
.he stcs ~. ~rh tnc Secr- al, OF sA,e ertt hca,r
."ns orb the anon, Of sur desired incrsa.c ard
hrfcs ~ such c. WpAny shan D. emu -d To aa'c shh
Increased capital - IL GySd by ,ad certificate.
sec. : Ihst the persons nspcd III >ad eeruncae of
ncorppist On my three ii them, shall be authorised
Ia orer bo,.s n he op.n-d or rsceyng .ubscryi.n.
- Az A ~
aud si such place places A. iueY may irsm cNpeieni
paper Puhhshei g.nsrsils circulated IN one or more
eunntiS. where buks Of suosoriptn Ia be opened,
zen per esntnm Of The AZ. Stock should subscribed
hey lSr notice or the stockholders 10 meet al
sueh lime snd plscs ,hsy may desgn,e, Tor the pur-
pose eaoo.ns seven irect ~. ~ho 'h,i continue In
Ace unl the time hi-d tor N. snnus election, aud IA
ana ,l.e, appo,n,e,i dire, t .asl be chosen b. OAt
by such ~ ID" ster sanllers 40 shs .H~ud nr ia
pose sthsr person by swfI proxiss, each share
shall snute he voe. and plurality OF vot-s
shall be uscessarS inr oa"es bu alter the hrsi esse
aun OF irectr. person shall vote any saare on
~h.eh any in.,Allp.nt - due and anpsd The person
named in suca csrih'si--, ~ such e hem as may D."
present, shs be inspectors OF srh -ecton ant .hsi!
c~r,fy whai pers elect ir.csrs, sni appoint
he ADJ place for aa 'ins ihs ars meeting ,nsJW
is of Sail .hsl form beard sai be mprrny
~ Va he'r b. Art msss By Avs snittsnssct
ell business NJ Toe corporston An snnasi election aha
We beta Tor cirvetnrs such s and plsee The stas
bolders heir Ar-, m-rubg SHALL determine a. he
~ is~. at ,hs coypTsIsoa may require snd Ne drse
tors chosn q, say cleo ton sbs - .son herssn.r A.
may BE- snIepi, chJi-~ OF hvir nunhrr 80 be
"re.dsat aud shall lpoet Que Of hsr aanibsr score
AIRY ani Treasurer Ut The eorp"f ston The iecofs De
are suisrpS heir duts. shs e,rh take "ath
snrn,'ioa. faithfully . discharge b inte', and hey
-hA, trsu Tune TO un-. maze sich tsruds 1t ne prof
7 tts OF sad company, - thry may bunk proper.
sec Such rp,rsll IA apr,-.ri ~ enter upon
sny isrd ns he tHrpo.r OF Ntsm"nas Ahd .uryeyns "a
rair'.d Ne, aid nag sprropru.e - mach lAsreo As
NAV be ie~,n~d n~c~.ssp ior - railroads, irciuins
Necessary .lie uac>s depNs, sAd srfx saops AMI 80
tor ssous tssrrts. or r,ns'Tnenon except tInn-r
rsao No over t's.5L I.ni saie Ca 70 enaas .ac
COMPANY "coo-iruct 'ni rePnr 81. rat AMI srshi To-
. condafi .sss ~ s4Heilcs, sad ths rShi ct maAOg