Delaware State journal and statesman., 1862-07-29
DourmaI ann 5tatesmau
OFFICIAL.
LAWS OF THE UNITED STATES.
PASSED. at me Second Session Of Tie Thtrfy-Seoeao
OFFICIAL.

Congress
TpuDLIc-Nc 0S1
AN ACT TO aid IN the construction Of a railroad
and telegraph line from the Missouri river Ia
the Pacific ocean, and 10 secure to the govern.
Inent the use of the same for postal military
and other purposes.
Be IL enacted By Tie Senate and House If Rep
ressptatUes Of The United StaieS Of America IN
Congress assembled, That Walter S. Burgess, VIM.
P. Blodget Benjamin II. Chcever, Charles FOs-
dick Fletcher, Of Rhode Island; Augustus
Brewster, Henry z. Hayen Cornelius S. Bush
nell Henry Hammond of Connecticut; lsnao
sherman. Dean Richmond, Royal Phelps, Will
liam H. Ferry, Henry A. Paddock, Lewis j,
Stanclif, Charles A. Secour Samuel r. Camp
bell, Alfred Il. Tilton, john Anderon, Azariah
Boody, John S. Kennedy, II. Carver, Joseph
Field, Benjamin F. Camp, 0rville W. Chids,
Alexander J. Bergen, Ben. Holiday, d. N. Bar
ney s. De Witt Bloodgood, William II. Grant,
Thomas W. 0lcott Samuel B. Ruggles, James
ID. Wilson, Of New York; Ephraim Marsh,
Charles NJ. Harker, of New Jersey John Edgar
Thompson, benjamin Haywood, Joseph II.
Scranton, Joseph Harrison, George W. Cass,
John IT, Bryant, Daniel J. Morell, Thomas NJ.
Howe, William \. Johnson, Robt. Finney, john
A. Green, Il. II. Myre, Charles f. Wells junior,
Of Pennsylvania Noah l. Wilson, Amasa Stone,
VIM. II. Clement, S. s. L'IIommedieu, John
Brough, William Dennison, Jacob Blickinsderfer,
Of Ohio; William NJ. Mcpherson. r. W. Wells
Willard p. Hall, Armstrong Beatty, John Corby,
OF hlissouri s. ]. Hensley, Peter DOnahue, G..
+. Huntington, T. d. Judah, James Bailey,
James Il. Ryan, Charles Hosmer, Charles Marsh,
d. o. Mills, Samuel Bell, Louis McLane, George
W. Move, Charles Mclaughlin, Timothy Dame,
John R. Robinson, of California; John Atchson
and John D, Winters, Of the territory of Nevada ;
John d. Campbell, Il. ~ Rice, Charles A. Irow-
bridge, and Ransom Gardner, Charles W. Penny,
Charles I. Garham, william Mcconnell, of
Michigan; William F. Coolbaugh, Luoius II.
Langworthy, Hugh 4. Reid, Hoyt Sherman, Ly-
man Cook, Samuel r. Curtis, Lewis A. Thomas,
Plat Smith, Of Iowa. William d. Ogden, Charles
G. Hammond, Henry Farnum, Amos C. Babcock,
W. Selden Gale, Nehemiah Bushnell, and Loren
20 Bull, Of Illinois; William IT. Swift, Samuel
T. Dana, John Bertram, Franklin s. Stevens,
Edward r. Tinker of Massachusetts, Franklin
Gorin, Laban j. Bradford, and John \. Lewis,
of Kentucky; James Duuning, John NJ. Wood,
Edwin Noyes, Joseph Eaton, of Maine; Henry
II. Baxter George W. Collnmer, Henry Keyes,
Thomas II. Canfeld, of Vermont; William s.
Lsdd, A. NJ. Berry, Benjamin +. Harding, of
Oregon William Bum, Junior, John Catn,
Levi Sterling, John Thompson. Elihn H. Phillips,
Walter ID. MoIndoe, I. b. Stoddard, Il. II. Brod-
head, A. II. Virgin of Wisconsin Charles Paine,
Thomas A. Morris, David c. Branham, Samuel
Hanna, Jonas Votaw, Jesse L. Williams, Isaac
@. Elston, Of Indiana; Thomas Swan, Chaancey
Brooks, Edward wilkins, Of Maryland Francis
K. y. Cornell, David Dakely, A. d. Seward,
Henry A. Swift, Dwight Woodbury., John Nc
Kusok, John II. Jones, of Minnesota Joseph
A. Gilmore, Charles W. Woodman, of New
Hampshire W. II. Grimes, j. q. Stone, Chester
Thomas John Kerr, Werter X. Davis, Luther
C. Challis, Josiah Miller, of Kansas Gilbert c.
Mcneil, Augustus Kountz, L. NJ Marquette,
William II. Taylor, Alvin Saunders, of Nebraska
John Evans of Colorado together with FIVE
commissioners to be appointed by the Secretary
of the Interior, and all persons who shall or may
be associated with them and their successors,
are hereby created aud erected into u body cor
porate and polite in deed aud in law, by the
name, style Nnd title Of "irho Union Pacific
Railroad Company" and by that uame shall have
perpetual succession, and shall he able to suo
and to lie euGd, plead and be impleadel, defend
aud be defended, iu all courts Of law and equity
within The United States, and may nuke npl
have u cOmmOn seal aud the said cOrpUrnIiOu is
hereby authorized aud empowered To lay out,
locate construct furnish, lDaiutain and enjoy u
continuous railroad and Telegraph, with the
| appurtenances, from point OIL tho ono huudreth
meredian oil longitude west from Greenwich,
between the south margin Of the valley Of the
Republican river and the north margin Of tho
valley OF the Platte river, in the Territory of
| Nebraska, to the western boundary of Nevada
Territory, upon the route and terms hereinafter
provided, and is hereby vested with all the
powers, privileges and immuuities necessary to
carry into eject the purposes Vi this act us set
forth. The capital stock of said company shall
consist of one hundred thousand shares, of one
thousand dollars each, which shall be subscribed
for and held ia not more than two hundred
shares by any one person, and shall be transfer
able in such manner as the bylaws of said COR
poratiOn shall provide. The persons hereinbe-
fore named, together with those to be appointed
commissioners, and such body shall be called
the Board of Commissioners of the Union Pacific
Railroad and Telegraph Company, and twenty
five shall constitute quorum for the transaction
of business. The first meeting of said Board
shall be held at Chicago, at such time as the
commissioners from Illinois herein named shall
appoint, not more than three nor less than one
month after the passage Of this act, notice OF
which shall be given by them to the other COM
missioners by depositing call thereof in the
post Office at Chicago, post paid, to their ad-
dress. at least forty days before said meeting,
and also by publishing said notice in one daily
newspaper in each of the cities of Chicago aud
St. Louis SAid board shall organize by the
choice from its number of president secretary,
and treasurer, and they shall require from said
treasurer, such bonds as may be deemed proper,
and may from time to time increase the amount
thereof az they may deem proper. 1t shall be
the duty of said board Of commissioners to open
books, or cause books 10 be opened, at such times
and in such principal cities in the United States
as they or quorum of them shall determine to
receive subscriptions to the capital stock of said
corporation, aud a cash payment Of ten per CEN
tum on all subscriptions, and TO receipt therefor
So soon ns two thousand shares shall be in good
faith subscribed for, and ten dollars per share
actually paid into the treasury of the company,
the said president and secretary of said hoard oil
commissioners shall appoint time and place fol
the first meeting Of the Subscribers to the stock
of said company, and shall give notice thereof in
at least one newspaper in each State in which
subscription books have been opened at leas
thirty days previous to the day Of meeting, anG
such subscribers as shall attend the meeting sc
called, either in person or by proxy, shall theI
and there elect by ballot not less than thirteeI
directors for said corporation; and in such eleo
tion each share of said capital shall entitle thI
owner thereof to one vote. The President ant
Secretary of the Board of Commissioners shal
act as inspectors Of said election, and shall eerti
} fy under their hands the names of the directori
elected in said meeting and the said commits.
soners, treasurer, and secretary, shall then de-
liver over TO said directors all the properties
subscription books, and other books in thsi
possession, and thereupOn the duties Of sait
commissioners and the officers previously ap-
pointed by them shall cease aud determine for.
ever, and thereafter the stockholders shall con.
stitute said body politio and corporate. At til,
time Of the first and each triennial election o
Of directors by the stockholders two additiona
directors shall be appointed by the President o
the United States, who shall act with the bod,
| of directors aud to be denominated directors oil
the part of the government; any vacancy hop
pening in the government directors at any tim
may be filled by the President of the Unitc
States. The directors to be appointed by tht
| 1. i.1i :.