Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1862-03-12

any lands, tensmenis or hereditaments, which may
be necessary for said road for the erection oil de-
postories store-houses houses for the officers ser
wants OF agents 81 the company, for workshops
or foundres to be used by the company, or for pro-
curing stone other material necessary to the con-
struction of the road or effectng transportation,
and for no other purposes whateS er.-,sa sre.1sz-
Is Be 1t further ordained That the company
shall have the right when necessary, to construct
the said railroad across any public road or along
the side Of any public road Provided, That the
said company shall not Obstrnct any public road
without constructing one equally as good and as
convenient as the one taken by the company.
49, Be IL further ordained, That when any lands
or right Of way may DO required BY the company
for the purpose of constructing their road building
warehouses water.stations, workshops or deposit
tories, and for want of agreement as to the value
thereof, or from any other cause, the same cannot
be purchased from the owner or owners the same
may be taken at valuation to be made by jury
Of good and lawful men, 10 be summoned by the
Sheriff of the county, in which the land required
by the company may lie; and in making the said
valuation, the said jury shall take into consideration
the loss or damage which may occur to the owner
or owners in consequence of the land or right oil
way being surrendered, and the benefit or adVan-
tage he, she they may receive from the erection
of said road and shall state particularly the value
and amount Of each; and the excess OF loss or dam.
age over and above the advantage and benefit shall
form the measure Of valuation Of the land or right
of way: Proridsd nevertheless, That If any per-
son or persons over whose lands said road may
pass the company should be dissatisfied with
the valuation thus made then, and in that case,
either party may have an appeal to the next Court
of the county to be held thereafter; and the Sheriff
shall return to said the verdict Of jury with
all the proceedings thereon and the lands or right
of way so valued by the jury shall vest in the COM
pany so long as the same may be used Tor the pur-
poses Of said railroad, soon as the valuation be
Nl,n ola nF0 ha
County Court Pr0Uided, further, That the right
of condemnation shall not authorize the said COM
pany to invade the dwelling house. yard, garden or
graveyard of any individual without his consent
II. Be IL further ordained, That the right of said
company to condemn land in the manner described
in the above section, shall extend to the condena-
ton only of one hundred feet on each side OF the
main tract of the road and from the centre of the
same except in of deep cuts and Filings, when
the said company shall have power TO condemn as
much in addition thereto as may be necessary for
the purpose Of constructing said road and the CON-
pany in like manner, shall have power to condemn
and appropriate land for the building Of depots and
shops exceeding i've acres in any one lot or sta
ton.
lS Be it. further ordained That the said COM
pany shall have the exclusive right Of conveyance or
transportation of persons, goods merchandise and
produce said road, at such charges as may be
fixed by majority Of the directors
IL. DO " uT(HcE Ouutftc0, 1udN TIC pi'hS VI
the company, or SO much thereof as the Board of
Directors may deem advisable. shall, when the af
fairs Of the company will permit, be annually or
scmi.annuslly divided among the stockholders in
proportion to the stock each may own.
90. Be IL further oriainsd That notice Of pro-
cess upon the President, any Of the directors
thereof, shall DC deemed and taken to be due and
lawful notice of service upon the company.
81. Be IL further ordained That the company
shall have power to construct branches of said road
to connect with any other road that may be con-
structed east of the Wilmington and Weldon Rail
road, and any contr' ct that may be entered into
with any other railr d company by the President
and Directors Of said company, after the consent OF
majority of the Stockholders first obtained shall
be binding on the company.
%. Be IL further ordained That it may be law
fnl for the Washington and Tarboro' Railroad COM
pany to make and issue bonds 10 an amount not ex-
ceeding fifty thousand dollars, to be signed by the
President of said company, under the common seal
Of the same, IN sums Of five hundred dollars each,
bearing interest at the Of seven per cent or less
per ann1m, to be paid semi,annually.
20. Be 10 further ordained, That to secure the
faithful payment of said bonds, it may and shall be
lawful for the President and Directors Of the Wash
ington and Tarboro' Railroad Company to make, ex-
ecuts and deliver to such person as the company
may select or appoint, deed Of trust or mortgage,
under the common seal Of said company, wherein
shall be conveyed to the person thus appointed trus
tee, the road, property, income and franchise Of
said company, acquired tn be acquired condition
ed for the payment of the interest and final redemp
ton Of said bonds
"a. Be 1t further ordained, That all officers Of
the company, and servants, and persons in the
actual employment Of the company, may lie, and
they are hereby exempt from performing ordinary
military duty Excerpt in of nSurrecuon or III.
vasion,) working on public roads and serving as
jurors.
25. Be it further ordained, That all work here
by required, shall be executed with due diligence,
and if il be not commenced within four years after
the ratification Of this ordinance then this charter
shall he void.
%. Be IL further ordained, That this ordinance
shall be in force from and after its ratification and
shall be regarded public ordinance.
Passed and ratified in open Convention the 18th
day Of February, A. d., 1862.
w. n EDWARDS,
Teste: Pres. OF Convention.
WALTER L. STEELE, Sec'y
L. c. EDWARDS Asst Sec'y.