Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1859-05-27

March Il, 1850,

CNo. s2 AN ACT
To enable Associations Of persons for the improvement
any Mineral or Medicinal Springs in Ohio, to become
Bodies Corporate.
Section 1. Be il eFacied by the General Asssnbly Of
The State of Ohio, That any number of natural persons
not less than fye may become body corporate with ali
the rights privileges powers conferred and subject
all the restrictions Of this act.
Sec O. That any number Of persons as aforesaid
catng themselves together for the purpose of improving
any of the mineral springs in the State of Ohio max
ing the same proper aud suitable place for the reception
and accommodation OF nvalids and other visitors ahn
under their hands and seal make certificate, which shall
specify foil Jws: FTstThe name assumed by such
company or association and by which shall be known
Second-The number Of mineral medical springs be
improved Aforesaid and the place where situated
Thrd-The amount Of capital stock necessary and the
amount of each share thereof Such certificate shall be
acknowledged before justice of the peace other
officer and shall be forwarded to the Secretary of State
who shall record and carefully preserve the same in hi
Office. and eoDv thereor dllv bv nc
of ste under the great seal of the State of Ohio sha
be evidence Of such corporation or company.
Sec g. That when the foregoing provisions have beer
complied WITH the persons named eorpoators In sale
certificate are hereby authorized 10 carry into effect the
object named In said certificate, in accordance with thG
provisions Of this act and they and their associates
cessors and assigns by the and provided in saiC
certificate, shall hereafter be deemed body corporate
with succession with power and to and be sued plead
and be impeaded defend and be defended contract b
contracted with acquire and convey at pleasure all suct
real and personal estate necessary and convent
ent TO carry into effect the objects of the
make and use common seal, and the to alter al
pleasure 10 do all nead acts TO carry into effect tn,
objects for which 1t created and such company shA
possess all the powes and shall be subject To all tho
ano restrictions Of this act
Sec. a. Any company association organized for tbs
purpose aforesaid shall have power TO take by purchase
otherwise and hold such real and personal prOpFJ
and estate may be deemed necessary for successfully
commencing and conducting the business of the assoea
ton, and shall have power 10 lease sell convey
gage the same, part thereof in such and fol
such purposes be prescribed by the rules and
atons Of the company and not inconsistent with the law
OF this State And said company shall also have power
deal In the transportation and sale Of the mineral water
yielded by their springs and to manufacture glass
other vessels for holding the TO engage quaryni
stone marble, satei mining, coal and other min
erals situated their lands and the
ip whole IN part BOTH and provide build
ngs for the accommodation ofvsors and Others frequent
ing said spring springs and 10 demand and receive
penEation from said person or persons.
Sec. 5. The annual meeting Of the stockholders O
such companies shall be held the frat Tuesday OF MAJ
In each year. at which meeting the directors Of the
pauy shall be elected and such other lawful business
as the stockholders shall deem necessary and proper
should they fail TO elect directors at their annual meet
ing they shall hold special meeting at some subsequent
time thereafter for the purpose by giving thirty days
ee thef,of In some newspaper in general circulation il
such county The directors shall hold their Offices unit
their sucecessors chosen and qua1td but
shall be director after ceaEing 10 be sOekholder I'm
mediatey after the election Of directors they shall elec
Que OF their number president Of the corporation ans
may AppontEueh other officers and agents as they maj
deem proper to transact their business and prescribe h