Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1865-02-02
LAWS OF THE UNITED STATES.
Passed al fhs FIRST SssnoR Of the Thirtv-stgbA
Congress.

AN A0T to incorporate the Union Gas-fisht
Company of the District OF Columbia
Be II enacted by the Senate and House Of Repre-
sentdtices Of the United States Of Ameriea IN Con-
greSS assembled
That sayles J. Bowen, william Elmer, Wi.
liam Bates, Robert W. Mihank, Andrew NJ.
Kinney, william Ii Baldwin, 4. G, Gilman, D.
C.. Forney, S. ?. Brown, John Green, and Ga.
mabel Gay, and heir associates and assigns be,
and they are hereby, created a body corporate,
| under the name Of 1.-The Union GRs-I light Com
! pany Of the District OF Columbia with author
! ity to manu- iacture and sell gas, to be made Of
| coal, sine, oil, tar, Iitohi peat turrentne, or
! other material, and to be used in lighting the
! city OF Washington and the streets thereof aud
! any building, manufactures, or houses therein
situated, and to lay aims and pipes for Tia pur-
| pose OF oordve ing 60, in any OF the avenues
streets, lanes - alleya of the sad city Pro-
| ulded, ho"eper, That tketad company shall 10
coho,4ct tina manufacture, and lay said mains
ana pipes, IS not 70 crea nuisance or inlure
either private or public property And pToUided
further, That the said mains and pipes sdalI be
laid inject TO such conditions and ia compliance
Wiz, such regulations as may be presenbed :
the nun icipat authorities Of the city Of wash
ington; and the nigh TO erect and establish any
bn3iSIngs tr5aratsia o. einsy fa' cue manu-
asars 81 gas snail be subject to sGca regula-
! tons and restrictions as may be from time TO
time prescribed by the SAID municipal authorities
! Of Washington.
Sec, 2. Ind be IL further enacted That the
| capital stock of the said company shall not be
less than fv- hundred thousand nor more than
one m.IliOt. dollars, and that the said stock shall
be divided iu.o shares of one hundred dollars
each, and shall be deemed personal property. and
be transferable in sue h manuer as tie bylaws OF
| said com ,any may direct.
Sec. g. And be IL fiartdcr enacted. That within
six DAYS after this act is approved by the Fres-
dent of the United States the corporators named
| in the first sect on, or m lorItY Of them or II
any refuse or neglect ia act. rheu maj oTIty OF
the Others hall Cause books Of subscription 10
the capital stock Of sal company TO be opened
and kept open in some convenient plac- in the
city of Washington, from nine O'Clock in the
forenoon till three O'Clock in the afternoon, for
period Of not less than three days, al as much
longer the said corporators shall presc he ;
and the said c0rporators 81 all give public notice
| of the time ana place of opening said books o {
subscription, by advertiser ert hereof in
the daily papers published in the city of Wash
ington, aud subscribers to the capital stock of
said company shall be held 70 be- stookboIicrs.
Prouided, That every subscrIber shat pay at
the time OF subscribing twenty i've per centum
Of the amount Inscribed by him to the treasurer
who shall be appointed by the sa corpoTators to
receive the same, or his subscription shall be
null aud void
SEC. And bet further enacted That when
the minimum amount OF the capital stock Of SAID
company, as prescribed in the second section,
shall fave been subscribed and twenty-five yer
centum thereof paid aforesaid, the sa d corpor-
ators, or a majority of them. and in case am re-
fuse to act, then majoriy Of the others, shall,
within fifteen day, thereafter, call the first
NEE ling Of the stockholders OF sad company, to
he held at some convenient p ace in the city of
Washington, for he election of directors, OF the
time and place whereof notice shall be ven for
a least FIVE days in at least two dai newspap ers
pab i,hed in the city Of Washlngton, or bywrlttCn
not c. the eof signed by one or more Of said COR
nora Ors, and personally served on each stock.
holder /; and in all I"eeinys Of the stockholders
each share shall be entitled to one vote, TO be Civ
en- either in person or by proxy.
Sec 8. And be IL further enacted, That the
government and direction of the affairs Of the com
pany shall be vested in the board OF directors
composed OF seven members, Who shall be stoCs-
! holders, and who shall hold their office for the
tenn OF one year, and until others are duly cleo.
ted and qualified TO take their places as directors
and the said directors shall sect one of thei
number to be president Of the board, who shall
also be president of the company, and a major !
| of the board shall constitute quorum to do bust
ness and they shall choos3 treasurer, who shall
] give bond with sufficient surety of said company
IN such sum as thesaid directors may require, TO-
the fathuldischarge of his trust. In case of va
cancy in the board of directors by death, resigns
y ton removal, refusal to act OF otherEise the va
70 cancy occasioned thsrebd shall be filed by tht
other directors.
Sc. {. Ind Je IL further esacted That Their
shall be an annual meeting of the stockholders
for the ectiOn Of directors, to be held at sucl
time and place, aud under such rules and regula
TONS as the said company - t2e!E hy"!Aws shal
Z prescribe and the directors shall make an annua
: report in writing of their proceedings to tn
= stockholders.
S Sec. !. And be 1t further enacted, That tn
directors shsll have full power TO make all sucl
by az theytshall deem necessary for the regu
lation. management aud disposition ofthe stock
s effects, and properly of the said company, and 70
Il the proper execution of the business Of the com
pany, so the same shall not be contrary to thi
. charter, TO the laws of the United States or t
e the ordinances of the city of Washington.
o SEC. g. And be 1t further enacted, That moth
n ing in this act shall be so CONSTRUCTED to au
- thorze the said eomrsnyt to issue any note, to
/ ken, device, scrip, Of other evidence ct debt
be used as a currency.
l. Sec. 9. And be it further tit0ctd, That if an
person or persons shall wilfully destroy, j
l. anywlse iDiure, the mains, pipes, apparatus, Q
e other works, properly appurtenaces belonging I
r and used by said company 10 Manufacturing ga
= or IN furnishing the same to consumers Thereof ID
j pgrson n pevsons so offending shall, for ever
such offsnss. ,n,-sait and pay to the said comqan
= sad yenait Nv, ro' uoiaI?, -" "a company 70
any loss or damage questioned by ire On p,
Sc. 10 Ald be Il further enacted, Jhat IA
.aid company Is hereby incorporated upon ne eN
press conditions that !. shall furnishings to all 70
consumers thereof containing fifty per eentui
more Illuminating power than tifat when
now furnished by the 'FWashingtOl {, as-llgI
S Company" asa at q cost not exceediul' wv
dollars and fifty cents per thousand cubic zee
=, and ia lure t comply With these eondit,
shall operate As , forfeiture of this charter.
k sec. II. All o. yfsr'1'sr eaccted, That til,