Delaware State journal and statesman., 1864-12-06


IS street west; along street north to New for
A avenue; aloug New York avenue TO Ninth stree
west and along Ninth street Best to the Wash
ington canal with the privilege OF extending
the said branch road at any time along Mint
atreet west TO NJ street north, along A stree
s. north to Twelfth street west, aud along TBelfti
A street west 10 the Washington canal aud Mary
land avenue to the Potomac river, with the righ
to run public carriages thereon drawn BY hors'
power, receiving iheie'or rate Of fare not ex
y ceeding I've cents passenger, for any distAne'
between the termini Of either Of the said uiair
railway, or betueenIth t,rmini Of eitAef Of said
braueh railways, or between either terminus Of
sAid main railway and the terminus Of sither o
said branch railways: Provided, That the us'
and maintenance Of the said saai shall Be subjtel
to the municipal regulations or the city Of WASH
ington within its corporate limits.
: See. 2. Had BE- il farL1er enacted, That said
roads shall be deemed real estate, and they.
together With other rsAl property and personal
properly OF said bady eorporais, shall be liable
10 tsxatiou, IS other real estate and personal
property, and to license for their vehicles or
cara, in the cities aforesaid, except as herein
Atier provided, and that sll other eorporstOTs Ia
the District OF Colamb'a heretofore organized
ior ike PuiPosss shall be subjectto pay license,
As provided in thus section g.
Sec. g. 4ad Be IL .G4siseT sAacls1, Thst The
sald rnilWsy sLall bs laid In The eenIrs Of the
avenues and streets, texcsPiing New Jersey
avenue, aud there it shalt he laid as herslnbs-
lore provided for,) 30 near as may bs. without
interfering with OF passing over tho water or gas
pipes In the most aPproSed manner adapted for
street railways, with rails Of the moAt approved
patterns TO be desermilsd b. the Secretary or
the Interior, laid apoa IA evsa surfaee With the
| payment OF The atSeeis; ard the space between
the two tracks shall soi be less than four feet,
nor more than six feet aud the carriages shall
not be lees than slx feet ia Hidth, the Susec so
correspond with that Of the Baltimore and OHIO
railroad.
SEQ. 4. And Be il further saaolsl, That the sid
corporation hereby ereatsd shall he bound To
Eeep said tracks, and for the space Of Two feet
beyond the outer rail thereof, and also the space
between the tracks, at all times we'll paved aud
10 good order, without expense to the United
States or to the city Of Washington. iepos
Sec. 0. And BE- II fsfriler esacte1, That roth
ing in this act shall prevent the Government at
any time, o. their option, from sliering the
| grade or otherwise improving all avenues and
streets occupied by ssid road, or the city Of
Washington from 80 altering or improving such
streets and avenues and the sewerage thereof as
| may bo under their respective authority and
| eonsfol and in such event Il ehall he the duty
OF SAID company TO change their said railroad 20
AZ TO conform 70 such grade and pavement
Sec. U. Ind DC Il further saReied. That this aet
may al any time be altered, amended, or repealed
by the Congress Of the United statea. of.
! Sec 7. ARd be Il further esdeted, That nothing
10 this net shall be so construed as to authorize
ssid body corporate TO issue any note. token,
device, scrip, or other eyiderce OF debt 10 be
| used as q currency.
Sec. .. And be il farther enacted, That the
capital stock OF said company shall be not less
than two nor more than fVe hundred thousand
dollars and that the stock shall be divided into
shares OF fifty dollars each and shall be deetned
personal property transferable 10 such manner
as the by laws Of said company may direct.
| sec. u Anu Dc 5arfheT enacted, That the
salu company shall place first-cass cars On said
Iali"ayei WIN all the modern improvements for
tue convenience and comfort Of passengers, and
shall run cars thereon during the day as often
as every four minutes on the route from the
Capitol, via the Baltimore and Ohio Tsilroal
depot and departments, to the Circle; and on
| tne other routes once In fifteen minutes each
Nay, and until twelve O'Clock at night Is often
as every half hour; aud throughout day and
night as much oftener as public convenience may
require. ~
Sec. 10. Aad be IL further eudcfe1, That said
company shall procure such passenger Fcoms,
ticket otlces, stables aud depois at such points
as the business Of the railrosd and The con-
| Venence Of the public may REQUIRE, And the
rails through TRANSVERSE or other streets ~ may
De necessary for the exclusive purpose OF CON
Meeting the said stables and depots with the
main tracks. And the said company IL hereby
authorized to purchase or leaae such lands or
buildings as may be necessary for the passenger
rooms, ueEet otfieis, stables, and dsPOis above
Sec. II. And be Il .furtksr enacted, That all
articles Of value that may be Inadvertently left
in any Of the cars or other vehicles Of he AID
company shall be taken 10 their principal depot
and entered iu book Of record OF unclaimed
goods, which book shall be open to the inspRe-
non OF The public at all reasoBAble hours Of
Sec H. Ind % It .isyl.sr enacted, That. With.
IN i've days after the passage Of this sct The
eotPofatoIs named Ia the arst seedon, or ms
gSsly VI tesm, or y say refuse or neglect 10 ael,
lhen majority Of the TeInainder, shall cause
oooks OF subscription TO the capital stock Of sad
company to be opened and kept opea, in some
convenient and accessible place IL the oity OF
Washington, from aine O'Clock 10 tie forsnoou
ill hve O'Clock in the aftsrnooa. for a psriod Ia
BE Sxed by said eorporS,ots, ust Kiss lhan two
days, (unless the whole siech sbsil be sooner
subscribed for,) and said corpoTAtors shall give
public notice, by advertisement Ia tbs daily
papers published in the city OF Washjnuton. of
the time when and the place where said books
shail De oPeued. And subscribers upoa said
booss 10 the capital stock OF the oompeny shalt
be held to be stookhoiders: ProsideI Thst
every subscriber shall pAy at the time Of sub
eerioing tEeny-hvs per etnium OF the amount
~ MIN subscribed 10 the treasurer appointed by
the c0rporators, or his subscrintion shall be null
and void iropid'a ffriker, That nothing shall
be received in payment Of tSe twenty five per
osntuni At the time Of aaosetibipg except money:
Frov'ded Jariker, Thai no person shall 10 al.
lowed TO subscribe for nlcrs thsn hf,eru thousand
dollars And When the boose Of subseription 10
the capita! stock Of ead eofapsny shall be closed,
the eorporalors named In the first section, or !
majority OF them, and in case Ary Of them refuse
: Sf Hpgleci 70 aot, then msjoFity Of the remain.
uer' shaii, Hi'hin twenty days thereafter, csll
the hrat meeting of the stockholders OF eaid
company to meet within Ten days hereafter 70,
the choice Of directors, Of which publio noties
d shall be given fer ise daJ Q 10 two public news
papers published daily 10 the city OF Washing
ton' or BY written personal notice 10 each stock.
holder BY the clerk Of the eorperatien. And ia
sl meetings OF the stockholders each share ahal
enillle the boiler 10 oue vote, 20 be given il
person or by proxy. a.
Sec. 10. And BE- Il .ffrfk-r eAaeisl, That th,
government and direction OF the aifairs Of thI
, compAny shall be vested 10 the board OF diree
tors, seven in number, who shalt be stockh .lders
: and who shall hold their office for Que year, 80,
/ III others are duly elected aud qualified to tax
ihsir places as directors And the said director
|, Ia majority OF whom, the president being one
: shan be quorun) shall elgcf one OF their mum
4 Der 10 Dc President Of the board. who shsll ais
= ne PRESIDENT OF the company and they shall ais
j choose treasurer, who shall give bonds vii
- surety to said company, In such sum as tie All
I, directors may require, for the faithful iseharR
= OF his trust. IN casa ~ n vaeanUy In fk.l 10. :