Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1864-09-08

the public at all reasonable hours of bust
n SEC, u. And be it further enacted, That
within five DAYS after the passage of this
act the corporators named in the first sec
ton, or a majority of them, or if any re.
fuse or neglect to act, then majority of
the remainder, shall cause books of sub
scriptioh' to the capital stock OF said COM
pany to be opened and kept open IN some
convenient and accessible place in the
city of Washington, from nine. O'Clock in
the forenoon, till five O'Clock IN the alter
noon, for period to be fixed by SAID cor
pofators, not less than TWO days.. tuniess
the whole stock shall be sooner subscribed
for and said corporators shall give pub
lie notice, by advertisement in the daily
papers published ID the, CITY of Washing
oh 6f tbefime when and the pIsceiRhere
said books shall be opened. And sub
scribers upon said books to the capital
stock of the company shall be held to be
stockholders: Provided every subscriber.
shall pay at the time of subscribing TWEEN
ty.fve per centum- ofthe amount by him
subscribed to the treasurer appointed by
the corporators, or his subscription shall
be null and void: Provided, further, That
nothing shall be received in payment of
the TWENTY-FIVE per centum at the time, of
subscribing except money: crowded, fur
Their, That no person shall be allowed to-
subscribe for more than fifteen thousand
dollars. And when the books of subscrip-
ton to the capital stock of said company
shall be closed, the .corporators named in
the first section, or a'majoEity OF them,
and in case any of them refuse or neglect
to act, then majority of the remainder,
shall, within twenty days thereafter, call
the first meeting of the stockholders, OF
said company to, meet within ten days
which public notice shall be given for five
DAYS in two public newspapers published
daily in the city of Washington, or by
written personal notceto each ,stockholdE
er tby the clerk of the corporation.s And
in all meetings of the stockholders each
share shall entitle the holder to one vote,
to be given in person or by proxy.
SEC. Is. And be it further enacted, That
the government and die ction yof the aft
fairs of the company shall be vested IN
the board of directors, seven in number,
who shall be stockholders, and who shall
hold their office for one year, and till
others are duly elected and qualified to
take their places as directors. Andsthe
said directors Ia majority of whom, the
president being one, shall be quoruml
shall elect one of their number to be
president ef 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
such sum as the said directors may RET
ouire, for the faithful discharge of his trust
In case of a Vacancy in the board of 'dit
rectors by the death, resignation, or
otherwise, of any director, the vacancy
occasioned thereby shall be filed by the
remaining directors.
SEC. IA. And be it further enacted, That
the directors shall have full power 70
make and prescribe such bylaws, rules,
and regulations as they shall deem needI
full and proper, touching the disposition
and management Of the stock, property,
estate, and effects of the company, not
contrary to the charter, or to the laws OF
the United States and the ordinances OF
the city of Washington Provided, That
there shall be mo gulati ion excl ding any
person from any car on account OF color.
Sec. 10. And be it further enacted, That
there shall be an ANIMAL meeting of the
stockholders, for choice of directors, to
be holden at such time and place, undeE
SUCH lconditionsg and upon. 3suehpotNce,
as the said company in their bylaws may
prescribe; and said directors shall an1uI
ally make report in writing of their dol
ings to the stockholders. -
SEC. l6. And be it further enacted, That
the said company shall have at all times
the free and uninterrupted use of the
roadway. And if any person or persons
shall wilfully and unnecessarily obstrucl
or impede the passage on or over SAID
railway, or any part thereof, or shall in
lure or destroy the cars, depot stations
or any property belonging to-said railway
company, the person or persons so offend
ing shall forfeit and pay for every, such
offence the sum of FIVE dollars, to be re,
covered and disposed of as other fines and
nepalties ingsaid- cities, and shall remain
| liable, insaadition. TO said penalty, for any
loss or damage occasioned by his, her, OF
their act, as aforesaid but no suit shall
be brought unless commenced within SIX
ty days after such offence shall have been
committeds E ~ sS5Es3 81
SEC. II. And belt further enacted, That
unless said. corporation shall make and
lcomplete their said railway between the
Capitol and Seventeenth street west with
lin four months after the company shall
have been organized, and the railways on
the otherroutes herein described within
one year after the company shall have
been organized, then this act shall be nul!
and void, and no rights whatsoever shall
be acquired under it.
SEC. IS. And be it further enacted, That
all acts and parts of acts heretofore passed
which are inconsistent with any of the
provisions of this act are, for the purposes
of this act, hereby repealed, SO far as the
same are inconsistent herewith.
SEC. 10. And be it further enacted, That
each of the stockholders in the Metropol'
itan Railroad Company shall be individ'
ually liable for NIL the debts and liabili,
ties of said company, to an amount equal
to the amount ofstock held by such stock
holders.
SEC. 20. And be itfurther enacted, That
the said Railroad Company shall keep in
good repair and in clean condition the
hagstones or cross walks, leading TO,
upon, and over their tracks at the cross
i :....- &c 4kn nn..nr.nl ntrnnIs .rhinh inter.