American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1859-05-12
LAWS OFT OHIO.
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proVement OF MineTat OF Med1olnal Springs
in Ohio, TO become bodies corporate.
lri Section H. Be ID snaeted bg thsRehcfdfA As
semblygef the, Stale Of Ohio, That's any mum
| Der Of natural persons, not less than Ave, may
become body corporate, with all the rights,
I privileges aud powers conferred, md subject
| 10 all theiTestfictiOhs Uf tins6ct. .St~4
See.s 2shsThat any nuHIbefof persons Ssta-
foresaid. associating themselves together sfoI
the purpose OF improving any or the mineral
springs In the State Of 0hios aud making the
same proper and suitable place forthe recep-
ton and accommodation ofinvslids ard other
visitors, shall under their hands and seals make
a certificate, which shall specify as follows:-
FiTst-Tbe name assumed bYsuchconpany 6r
association, and by which II shall be- known.
Second-The number of mineral or medicinal
springs to be improved as aforesaid and place
where situated. Third The amount ofcapi.
tai stock necessary, and the amount OF each
share thereof. Such certificate shall be &C.
knowledged before a iustieeiof the peace, oil
other proper officer, and shall be forwarded to
| the Secretary os State, who shall record and
carefully preserve The same.ih his Office; and
a copy thereof duly certified by the Secretary
of State, under the great seal Of the State ol
Ohio, shall be evidence ofsqch corporation Ol
company. yss 2esa@ .sgMSsEtga6
have been complied with, the persons named
| as corpofators in the certificate, are hereby
authorized 70 carry into ELECT the objects nam
| ed inrsaid certificate, In accordance with the
provisions of this act, and they and their as
sociateS, successors and assigns. by the name
and style provided in said certificate, shall
| thereafter besdeened a body corporate, with
succession, with power to sue and be sued
plead and be impleaded, defend and be de-
| fendeds contractor be contracted with, acquire
and convey, at pleasure, all such real and per
sonal estate as may he necessary and. conye'
nient to carry into effect the objects Of the in
corporation; to make and use a common seal
and the same TO altetat pleasure, ana do al
needful acts to carry into effect the objects fo
! which it was created; and such company shal
| possess all the powers, and shall be subject t
all the rules and drestrictions ofths act.
Sec. 4. Any compsny or association, or
ganized for the purposes aforesaid, shall have
power 10 take by purchase or sothefwise, ant
hold such real and personal property add es
tate as may be deemed necessary oTIsuccess
fully CONNIE ncing and conducting the business
| Of the association, and shall have power Il
lease, sell 0, convey, or mortgage the same, 0
! part thereof, in such manner, and for sucl
purposes as maybe prescribed.by the rules ant
| regulations of the company, and not inconsist
ent with the laws Of the State. And sal
company shall also have power TO deal in tn
transportation and sale of the mineral water
yielded by their springs, and to manufactur
glass and other yessels for holding the same
10 engage In quaTying stone, marble or slate
| mining ooa,, ores and other minerals stuate
on their lands, and manufacturing the same
! in whole, or in part, or both, and to erect an,
/ provide buildings for the accommodation OF Wis
itors and others frednenting said spring o
springs, and to demand and receive compensa
from said person or persons, ~ E
}, Sec; S. The annual meeting of the stock
holdefs Of sdch.compsnies shall be held on tn
/ first Tuesday Of May in each year, at whic
meeting the directors Of the company shall b
elected, and such other lawful business don
i as the Stockholders shall deem necessary an
proper; and shouldthey fail to elect director
at their annual meeting, they shall hold a spe
eial, meeting al some subsequent time thereaI
ter for the purpose, by giving thirty days nc
tice in some newspaper in general circVlatio
in such county. The directors shall hold the
offices until their SUCCESSORS are chosen an
qualified but no person shall be director al
ter eeasing to be a stockholder. Immediatel
after the elections Of directors, theyshall elet
pne of their number president the. corpora
tion, and may appoint other officers an
agents as they may deem proper to tIansat
their business and prescrbe the amount {
compensationto be allowed them for their sci
yicest and such officers and agents, or either {
them, when required by the bylaws, shall Civ
bonds to the, satisfaction OF the directors
president as the bylaws may direct, for tn
laithlul dlscnargegoi o. ilusts coipul.teu, toghsn
shall have power ana are neteoy auihotlzeal
MAKE sueh rules IeguiatlohS anu py7ia aws'.a y
may De neceSssfy loI tneii hos y
G9hssiehtr Win tne, e nrs yssess
Iihe directors shaith nave .tne geheIal manage