Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1859-04-30

>. sql AN ACT.

o. q
To enable Associations Of Persons for The ImToyoment Of
any Mineral or Med cnal sprn's IN ono to become 30
Ssciimi Bea Nv fia Gsnerri Assembly Of the
STATE on That any numDcr II natural persons not less
privileges and powor conferred and subject to ultho re-
Sec Tba any NUM- er of rorsons as aforesaid asoc
aius themselves tosohst rtho puip9e oi mnIoiln Any
Of the mineral tp[ggs m ihG t,e o i e 3 io @
commoJalion fiuyads an other ys ois shai nu'er he
han,s make oertihcute, which shall specify
as follows: Firi-rhe y. m assumed 10y sncR e. mp9{
association, aud by which q sha, nr hao"a o5a ne ne
aforosail, ID place wnUrr situatd Ihrd-lhe gmount
RtT'6G such ccrticate shall he uckuovledg neigo
Justice OF ho yo.ce, or her proper eicsr 9ad snail o9
carefn preserve the some iu his office and copy Thereof
du scftd by Secretary o ate uud8f the ereat Sc 8, Of
tn STA OF OHIO shall be evidence OF such corporation
Sec That when the foregoing proylsio.s have been
complied with The persons usmed Us corporaigs ~ SAID
iecis named ~ id certificate, AZ % ws to w
visions of thsac and they aud lheir assoch es fuceos
ccrt6calr sla thereafter be deemed body corpoale
with snccss1ion with pWer 10 ,1o u i pg syIq, ~ ' @ @ u
traced with acquire aud convey, at p,asue o such Tca
aud personal est o msy be uccosar and convenient
carry into the objects Of tho interpretations mike
and use common scat and lho same ,9 IVY n Nv
whon was ceai ed and SUCH company sha,l possess al
the and shall be icct TO all The rules ANA rtstc
See. L. Any company or ocation, orgqn ed for the
otherwise aud dsu,h roal al pe.sonal p perry and
estate may deemed necessary for successfully com
meuci and conducting The business Of the assocai ~
u shl have power 90 lease sell or convey o E."Bss
the some part thereof IN such manner and t3 such
pu poses be prescribed by the rules aud ols
ut the company, and not iuounssent WIN ho Jaws 9 h
ate And sad company hall also have p1@ef 70 sli l1
the spOaiion aud sale Of the mineral wa ars yielded
by tnoir SPRINGS and mlnuacuro glass and other We
sels lof holding hs same M y ars ~ stat
bic or slate mnms coal ores and 9lhe m ssuu
part or both aud to erect and provide 9ul g. iQr INC
accommodation OF Hurs an. others irtqltutlns n ~
spin aud 10 demand and receive compensation
sec NJ Tbe % neeting Of the stockholders Of such
companies sha be held the first Tuesday tn May 10
each {e'li AT men meeting lho ullSU'1lS "a s hS
shall be elecle and such ohr lawu Ous 81 uohv ss @ g
sochhade shall deem necess aud proper; and should
snail hod special meeting at suue subsequent time helo
attr for the purpose, by giving thirty days notice ngeo
The dueco shall hnlt their offices until her su,cessor
a e csSsos 10 ne a S}otIHdSr immedia ely afer lhe
elections Of directors, they shall elect one of their pumo
president OF the corporation AND noy appoint sucn olh,I
officers and ugauts hoy nsy dem nopcr TO uhsact
t,r business aud presc bo the Un OF compensation
to be allowed themlo lhei[ sery ces au G Cn III l ~ @
ag- nts orltncr OF then when required ty lhe N-aWs'
~ % t,,si m cI9p fi boil lave pawer anil are
hereby authorized t. max such rules regu oons aud by
laws, may lie necessary for her regulation not INC M
shall have the general management OF the ~ rs Of the
compauy aud may dsooss OF the residue oi tne caglal
CKhJders Tor tho time being uu7 drescnbe, ard
Rsy shall deem 6osi tor The c5mSaay ia carrying on lie
busmg l,r wuich II ugalzet aud tie erecting Of
and other proper pupase vith and ainug
the said husness ol lie company suoc always 10 the
KEPT an uck subscribed aud transferred, and OF an
business transactions and their books anu records Shall at
all reasonable times be the inspection OF any and
every suckhodo they shall also when required present
to The s0ckhOdurs TopuuHtu writing, u the situation aud
amount uf bus of the compY and declae and make
such dydHrds Of the offs ir te BUSINESS OF ihe com
pauy reducing the capital ST, OK while my have out
S andus liabilities. us t1ey shn ] deem eNp9lleht.
Sec 6. The pursuns nalC IN sail cJhcae Of iucOr-
p1aiiun. jurly Of them, shall be mmisoners 70
uIeu books for tile subscription q tho capital STOCK OF said
Company, ch mos-nd places they shall deem pro
per- aud he said company ae Guh horned to commence
operations upon the subscription Of ten pr cent OF said
stock.
Sec. T. An ls nlmeut of twenty uOlats each sinre
Il stock shalt be payable at the time uf making the sub
rpi0n, ard tho residue thereof shall be paid IN such in
stihnuuts aud such and places aud 10 such por
may be required ty the Directors OF suc comp any
Sec 8. AIsuckhudeIs o any such ussociuiOn or iuin
| stock company shall doomed and held liable To ui
amount equal to heirsoCk subscribed In addition 20 sal,
stock the purpose Of securing the creditors OF sa com
pany.
WILLIAM Y. WOODS
Speaker Of the House OF Represoutlt
MARTIN WELKER,
President OF thu senate.
A Il I