Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1862-06-05

OF value that may be Inadvertently left in any ths
cars OF o!her vehicles OF the said company shall be
TAKEN 70 Their principal depot and entered in book
OF record OF unclaimed goods, which book shall be
open TO the inspection the public at all reasonable
hours OF business.
sRc. IL AHs bsu further enacted, That said cor.
pora'ion shall, ON demand of the President OF the
United States, Secretary OF War or Secretary OF the
nav cause 10 De transported over said railway
the United States; TIE officers causing such service
therefor,
SRc 70, And BE- 10 farther enacted That within Ave
da,s after the passage o. this act the Corporation
named In the first section, majority OF them, or
H. any ,sase or neglect to act then ma GRITTY OF
the capital stock OF said company to be opened and
kept open, In some convenient and accessible place
IN tne CITY Of washington. frcm nine O'Clock In the
forenoon til five O'Clock in the afternoon for pc.
riod to be liked by said corporstors net less than
Two days and said oorporators shall give public
In the city of Wsshin al the time when ana the
place where said books shall be opened and subscri.
oers upon said books to the capital stock of the
That every subscrib~r shall pay 1t the time Of sub
scrtbing twenty.h i've per centum of the amount by
him subscribed to the treasurer appointed BY the
eorporStors or his subscription shall be null and
void IL 1T the end Of two days . larger amount
than the capital stock Of said company shall have
been subscribed the books shall be closed, and the
saa h:ofPo,atoIs named In the ar.t section shan
among tue subscribers pro rata, and make public
proclamation of the number OF shared Allotted 10
each, which shall be done and completed on the
came day that the books are closed: PROVIDED, fur
thsr, That hothing thall be received In payment Of
the twenty per centum ct the time Of subscrib
ing except money or checks or certificates Of depos
come good solvent bank or banks. And when the
books OF subscription to the capital stock of said
company shall be closed, the oorporators named in
an Of them refuse or eglect TO act tn, majority
OF the remainder shall, within twenty days thereaf
tar call the hrst meeting OF the OF said
choice OF directors of which public notice shall be
given for five days In two public newspapers, pub.
ished daily in the city Of Washington, or BY writ
OF the corporation; and In all meetings Of the stock
holders each share shall entitle the holder to oas
vote S 20 De given IN person or BY proxy
ment and direction of Affairs of the company shall
be vested in the board Of directors seven in number
who shall be stockholders and who shall hold their
and qualified to take their places % directors Ia ma
jerity Of whom, the President being one shall be .
quorum shall elect one OF their number to be presi
mt Of the board who shall also be president Of the
company; and they shall also choose treasurer,
who shall give bonds with surety to said company
In ues sum a. the said directors may require, for
cancy in the board Of directors by the death resig
nation or otherwise, Of any director, the vacancy
occasioned thereby shall be filled by the remaining
directors. Et en- la -1alIl-
SIC Is And be it further enacted That the directors
shall have full power to make aud prescribe such
by-laws, rules, and regulations they shall deem
management of the stock property, estate, and eff.
fscts OF the company, not contrary to the charter
or to the laws of the United States and the ordi-
naness ofthe laid cities ofwashington and George
town. ... .r=...I..
SEQ 49, And be 1t further enacted That there shall
be an annual eding OF the for choice
of directors, to be helden at such time and place,
under such conditions, and upon such notice. as th e
said company in their bylaws may prescribe; and
said directors shall annually make report in writ
ing of their doings to the stockholders and to Con-
gress gfr |H e- ss.f
SEC. II. And be 1t further enacted That the Mayor
CommonC ouncil, and the several officers Of theCor
poraton of the cities of Georgetown and Washing
tom and the said Corporations hereby prohibited
from doing any act or thing TO hinder delay, or OBJ
struct the construction or operation of said railroad
/ az herein authorized. q.
SEC. Is. And be it furthe, enacted, That the said
company shall have at all times the free and unin
terrupted use of their roadway, and if any pc
or persons shall wifully and unnecessarily ostruci
any part thereof, shall injure destroy the
depot stations, or any property belonging to iaid
railroad company, the person or persons 50 offend
ing shall forfeit and pay for every such offence th
sum of five dollars to said con pany, and shall re
main liaIle in addition to said penalty for any los
o. DAG age oecasioned by bis, her Or their act, a
mencsd within sixty days after such offence shall
have been committed
SEC. 10 And 1t further ENACTED, That unless sale
corpo ration shall make and complete their said
railways between the Capitol and Georgetown with
| in sixty working days from and after the company
| shall have been organized, and from the Crpito
to the Navy Yard within sixty days thereafter
| and on said Seventh street, and from said Boun
dairy street, on Fourteenth street, to tine point o
intersection aforesaid, within six months from
the approval of this act, then this act shall be nu
| and void md no rights whatever shall be acquire
under ii . HEn9feW .fJr HE 7sIas
SEC. 20, And be IL further enacted That all acts
darts of acts heretofore passed. which inconsist
ent With of the provisions of this act, for tn
| same are inconsistent herewith a6 ~
Approved, May II, 1862. t..s4,zFf rss-est ,g-fs