, 1861-02-22
>0hteaeo and Evanston Ra11road.

L0hfeaGo and Evanston Railroad.
:4YAGE to incorporate a.s chiedgo and Etaaston
.Isaafoad Company
= SECTION l. Be tt etteted 6g tEe p1sPs ofthe Stats
Je 5enes E. Hsmsiton II Geo.ss
0srtngton Lunt, Hugh +. Hickey. labex E. Bots:
ford :. B.. Chase, Henry Smith, Edwin Hasklrs:
l Iho@aa 4 G :Hoeg: Lag n, Araola.J: F:Willard
auch by becoming stockholders IN ttls Company;
aid their successors. BE-, mad they are hereby, crea
ted body 20 tic and corrora1e, b! thc naue and
style OF the Chicago and Evanston Railroad Coii.
panF, with power 10 sue and be sued. plead and BE-
tnpleadet, to adopt common seal and alter 1t at
pleasure, 10 adopt such bylaws, rules and regula
exGfcIEe nj Uthgr rights and powers necessary 10
carry out the intentions Of this act.
SEc:l They shall hava: pow=r to locate, con
m52s ea s # as @
in the town Of Evanston, Einse road, with single
double track, turnouts, sldi1gs, depots, and ali
HS tss 6sso Hee TsfL naL
or any other company or party, to operate their
Eoad Or the road Of such oher party, either sepa.
5atsly o. 1olnty, a. may be aIsed Upon They
purchase, to dispose ofand convey a theymay deem
sxpedlent, real estate not to t3ceed in value on
hand 1t any one time the capltal stock Of the cou
Pauy: and for the purpose Of Gsnyinx out
tue intentions Of this net, they shalt have
power TO- borrow money not TO exceed in
amount the capital stock Of the Company,
Ill
mortgage Of any or all offtg property, rights cred
its md franchises No authority Il, q shall be,
granted to said COMPANY, or any other corporation
Or party by ths city Of chteas9 Jay nyrailroad
plEe. North or South Clark, streets, Or in Wabash
Or Aichisan avenues in the city Of Chicaeo but The
LAYING OF the came Is, hereby EXPRESSLY prohibited
SEC. 3. The capita1 stock Of the Couipany eIiall
be one hundred thousand dollars. which shall be
divided Into snarrs OF one hundred dollars each:
It may be Increased by atwo~thirds OF nil the
Stuck OF The Company at any regular meeting OF
Ihe ssockholders, t. an amount not to exceed three
handEet thonsand dollars, Books may be opeEed
for subs:riptious:to the stock Vt the Company as
may lie deemed expedent BY the Board CT Direetore.
SEC t. The adairs Of tho Company shall be man
aged BY Board Of twelve Dizeciora, 1nsjority Of
whom shall form Quorum After the expiration
f the term of tue first Dnard they shall be elected
annually BY the stockholders az may he provided
in the by-lawe. and sla1l hold their office for one
year, 2na uhtll their Successors are elected. Tho
psrsons herein named a. corporators shall be the
urst Board Of Directors,
Sec. 5. In procuring the .isht OF WAY for said
ralsroad, they shall be entitled to such privileges
and rights 70 croas Or rnn along highways as may
be :ranted bE the commissioners II highways of
on account Of nonresidence, minority, OF any 9TH
er disability to sell tho part Ct the owners OF
PROPERTY, or where parties refuse to grant kheir
Property, or fau to agree as to compensation
.or ssle right Of way, Or depot grounds said Com
naay may condemn and take tho same according to
ths provisions Of IAN Act to amend the Iaw con
den'tilS right of way for purposes Of Internal m
pro'enents," approved June I'D. 1852.
SEC 8; This act shall take effect, and be In force,
from and after its passage, aud continue for dftY
years-
Speaker Of the House Of Representatives.
LSlSned,I fEAScIs.A. fioFFHASS,
Approved. Feb 49, 1861 s: Esensan u 4S YsSa: sSa''
.; Governor.