The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1858-03-31

Nlnlnger and %. Peter Weslern RallreaA
We understand that some Of our prominent citizens
are celebrating upon the proper time for calling a meet
ing of the citizens to authorize the Town Council e
subscribe for stock in the Nininger and st. Peter West
en Railroad Company to the amount If ten thousand
dollars. Very probably we will announce the necessary
steps in our next issue.
In the meantime We would set before the public the
following Act lately passed by the State Legislature,
amending the charter Of the Railroad Company in two
important particulars, both of which We believe have
been heretofore announced, and both Of which will
greatly facilitate the carrying on of the road. It pro-
vides first, that the Company commence operations as
soon as ten thousand dollars Of stock is subscribed; and
secondly, that the Company may build a branch road
westward from Louisville to Glencoe. The bin Is a
follows -
AN ACT to amend an Act Of the incorporation Of the
Nininger and St. Peter Western Railroad Company.
SECTION /. That Section two (2) Of An Act to In.
corporate the Nininger and St. Peter Western Railroad
Company approved March 4, 1857, be and the same
is hereby amended so as to read as follows, Wig: That
the corporators specifically named in the preceding sec.
ton, or q majority of them, shall on or before the first
Monday Of September, 1858, meet and open such books
as may be necessary, at some proper or convenient place
in the city Of st. Paul, or at such other point or points
y suo ~ " NAIuuoOUta ~ lucy agree upon, 1Or SUD-
scription to SO much Of the capital stock of the said com.
pany as they deem proper, first having given ten days
notice thereof in one or more public newspaper printed
in the city Of St. Paul aforesaid, of the time and place
Of such meeting, and of the opening Of the books Of the
said company for subscription to the stock thereof, and
after . sum of not less than ten thousand dollars of the
capital stock of said company shall have been subscribed,
and an installnent of not less than Eve per cent. paid
upon each share thereof, then the subscribers shall be.
come corporators of said company, and shall within
thirty days thereafter, proceed to elect q Board Of Di-
rectors from the eorporators and stockholders Of the said
company, consisting Of not less than six, nor more than
twelve, and the Directors so elected shall, within ten
days thereafter, proceed to organize by the election Of a
President and such other officers as they may see TT to
appoint, and until such organization, the corporate
of said company shall remain iu and be exercised
BY the oorporators heretofore specified.
Sec. 2. That all of Section 5 of the said act be and
the same is hereby amended 80 as to read As follows
The same corporation is hereby authorized and empow.
to survey, locate, construct, complete, alter. main.
tain, and operate, as q railroad, with one or more tracks
Of lines of rails, from q point on the Mississippi river,
within the city Of Nininger, to the city of Saint Peter,
On the Minnesota river, by way Of the town Of Louis
Vile, on the said Minnesota river, together with o
branch road from the said town Of Louisville, ON the
river, with one or more tracks or lines of
rails, to the town of Glencoe, the County scat of Mcleod
,ounty, upon as direct . line as practicable, which shall
be determined by the Board Of Directors with reference
the best route therefor.