The Perrysburg journal. [volume] (Perrysburg, Ohio) 1853-1861, 1859-06-09
April. . 1859.
AN ACT

mo 1851 AN ACT
To authorize assosiatons of persons for carrying
freight on any ofthe nav gable waters Of the state
of Ohio, and the lakes aud navigabe rivers border.
Ing thereon.
Sec /, Re Il enaetsd6y the General Assenbiy oTfhe
State Of Ohio, That any number of natural persons.
less than vc being citizens of the state OF Ohio,
may become body corporate with all the lights.
privileges and powers conferred, and subject 60 all
the restrictions of this act
Sec 2. That any number Of persons as aforesaid,
nssooiatng themselves together for tho purpose OF
transporting freight any OF the navgable rivers in
the state of Ohio aud any of the lakes and navigabe
rivers bordering thereon, shall under their hands and
seals, make certificate which shall specify as fol-
lows First. the name assumed by such company or
association aud hy which IL shah be known; second,
the name OF she county place where the principal
office OF such company is situate third, the amount
ofcapital stock not to be less than two thousand dol
lars, and the amount OF each share such certificate
shall be acknowledged before n Justice of the peace
or other proper oeer aud shall be forwardedto the
secretary OF state who shall record aud carefully pre-
the same in his office; and copy thereof duly
certified by the secretary OF state under the great
seal of the state OF Ohio, shall be evidence OF such
corporation or company
See. 5. That when the foregoing provisions have
been complied with. the persons named as corpora
tors in said certificate are hereby authorized TO carry
into effect the objects named in said certihcaten ao
cordance with the provisions of this act; and they
and their assigns, by the name
&syle provided in said certfoat shall thereafter be
deemed body corporate, with succession. with power
ended, contract and be contracted with; 90 make
seal and the same 10 alter or break pleas
ure; aud 20 do all nsedul acts TO carry into eHee,
the objects for which tits created. .'
Seed Any company or association organized for
the purposes aforesaid shall have power Ia build pur
chase an hold such number of steamboats, or oSheT
vessels and such other personal properly may be
deemed necessary for commencing and conducting
the business OF the assOciaion aud shall have power
10 sS the same or any part thereof, In such manner
and for such purpose as may be prescribed by ths
rules and regulations Of the COMPANY, and not ncon.
sis ent with the laws Of this state. And said cOmpa
nv shall have power 10 carry any articles Of freight
produce upsn any Of the nayigsble streams In the
state Of Ohio and any Of the lakes and nav gable
rivers bordering thereon and shall be governed BY
the samo laws. not inconsstent with this act, whicl
govern Individuals in such employmeDts
SEC. S. The annual meeting Of the stockholders o
such company. Sftor the hrst election OF directors
shall be held at such time the directors may pre-
scribe at which meeting the directors Of the eouips
ny shall be elected. and such other lawful business
done as the stockholders may deem necessary Ant
proper; and should they fail "a elect directors at III.
annual meeting they shall hold special meeting Al
some subsequent time for that purpose. by giyiEl
thirty days notice thcreofin newspaper in gen
sral reulaton In the county where the principal Of
hoe Of such company Is situated. The directors sha
hold their Office until thersu chosen and
qualified and shall have pswer 60 hll all vacancies in
their body; but no peason shall be director after
eeasing 60 be stoekh Slder. Immediately after the
election ofdrsctors they shall elect oftheir nun
boF president OF the corporation. and may appoint
such other oeero and agents they may deem prop
PER TO transact their buSIneH, aud uay prescribe the