New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-07-04
An ACT Ia INCORPORATE the Washington County
Horse Railroad Company in the District of Co.

BE II enacted by the Senate and House of Repre-
sentatives of the United States OF America in
Congress asse b ed, That Samuel p. Brown francis
Matttngly, Noble ID. Ian Marsha Brown, and
Joseph Pearson; and their associates and assigns
be- sna they are e, hereby created body corporate
katroad company, Win au norlty TO construct and
lay down dpIble or single track rsilway, with the
necessary switches and turnouts, in the county Of
Washington IN the strct of Columbia, as follows:
WITH tcarleenth street and a ong the Fourteenth
street road in northerly direction. a point where
said road intersects new ROAD recently opsned by
tie levy court and along SAID new road in easterly
direction 70 the Seventh street turnpike, and along
said turnpike in southery direction TO Boundary
Street: Provided That the consent Of the Board OF
Directors of the Seventh street Turnpike Comp ny
be nrst obtai7ed for the Of tueir road with the
right To run pubic Carriages thereon. and receiving
therefor rate OF fare not exceeding cents pas
SEC And be il further enacted. That the said
railroad shall be deemed real estate, and It. with the
poratc shall be Liable to as other real estate
and personal properly "a the county Aforesaid except
SEC. B. And be 1t further enacted. That the said
railway shan be atd in the most approved manner
be gore than six nor less han fopr feet apart and
the gauge the same as thai OF the street railways in
the city of Washing on.
SEC. L. And be ~ further enacted, That the tracks
of the said railway shall be laid in sueh ma rs
viii least ertere with tue ordinary travel OF the
roads over which the said tracks shall be laid.
SEC. s. And be 1T further enacted, That this act
may at Any time be altered amended, or repealed by
the Congress Of the United States.
tins act sha be 30 COZ s,rued 10 authorize said
body corporate TO issue any note token Device SCRIP
other eyidsnce OF debt to be used a. currency.
sec. J. And be it further enacted That the capital
stock OF SAID company shall be not less nor
more than hye hundred thousand dollars, and that
the stock sral be divided into shares of ty dollars
each and sha e deemed personal prop rty. trans
ferabe IN sneh ma her as the bylaws OF said com
SEC. s. And be it furtaer enacted That the said
company shall place trstclas, ears on said railway
with all the mode n improvements for the cow.
nence and comfort of passengers; and sha run cars
thereon daily as often as the pubic coavenieEce may
require.
SEC. 9. And be it further enacted, That said
compans ali procure such passenger rooms
ticket Offices stables, and denots at such points as
the business of the railroad and tee of
hereby authorized 10 lay such rails as may be- neces
sary tor the purpose OF connecting the said stables
ana depots with main tracks. And the said company
is hereby authorized to purchase lease such lands
or building as may be necessary for pas enger
toned. ''''O'''' No '''' "'''s '"'A
SEC. 10, And be it further enacted That all arti
cars or other vehicles OF said company shall be
taken to their principal deoot and entered in book
open to the inspection of the public all reason.
able hours OF business.
SEC, II. And os i further enacted That said cor
poraton shall, on demand Of the Presiden Of the
United States, Secretary OF War or Secretary OF The
freight ears laden with freight for the use OF the
United States; the officers causing such service to be
SIC ~ And be it further enacted. That within
thirty days alter the passage OF this act the oorpor
them or if any refuse neglect to act then major.
iy Of the remainder shah cause the books Of sub,
opened and kept open in some convenient and Access
sible place in the city of Washington, from nine
O'Clock in the forenoon un II three o clock in the
afternoon for period to be fixed by said corporators
not less Than two days, and said eorporators shall
pers published in the city OF Washington Of the time
when and the place where said books shall be opensd:
and subscribers upon said books 10 the can't stock
of the company shall be held TO DO Pro
yldes That every subscriber shall pay at the time of
by INN subscribed 10 the treasurer appointed by the
s corr or his SnSssriPsion shall be pull sod
said company shall have been subscribed, the books
rst secton shall forthwith PROCEED To- apnSstion IN
such capital stock among the subscribers pro rata
SHARES eS 10 RhcS shan "a he Be q
completed on the, same day that the books are
ceiyed in payment of the twenty i've per centum At
the tune Of subscribing except money. And when
company shall be Closed the corporators named din ia
the tirst section, or majority of them, and in case
Of the remainder, SHALL within twenty days there.
after call meeting for the choice Of directors. Of
two public newspapers published daily in the city Of
washington, or by written personal notice to each
all meetings OF the stockholders each share shall en-
tie the holder to one vote, TO be given in person
SEC. 49, AID be itfuriher enacted That the gov.
eminent and direction Of the affairs of the company
Der, who shall be stockholders, and who shall hold
their oifiee for one yesr, and I'LL Others are duly
directors.
and the said directors IA majority OF whom the presi
dent being one, shall form quorum shall elect one
of their number to be president of the board who
SHAH also be president Of the company. and they
shall also choose treasurer, who shall give bonds
with surety 20 said company In such sum as the saii
directors may require for the faithful discharge OF
his trust In case Of vacancy in the board Of ii.
rectors, by the DEATH resignation. or otherwise OF
any director the vacancy occasoned thereby shall BE-
TILED by the remaining directors
SEC. ~ And be u further enacted That the di.
reotors sna have full power to make and prescribe
such bylaws, ru,es. and regulations as they shall
desm needful and proper, touching the disposition
and management Of the stock, property estate and
or 70 the laws Of the United States.
hEc. ID. And be II further enacted That there
snal De an annual meeting of the stockholders Tor
choice OF directors to b. holden at such time and
place nndsr such conditions, and upon such notice
as 5Ala company ~ their BY laws MAJ prescribe an
SAID directors shall annually make q report 10 ths
stecknolders, and 70 Congress. of their doings.
stc 10. And be IL further enacted. That the said
company SHAH have. at all times, the free and amin
terfaptcd use Of their roadway and II any person or
persons shall wiuy unnecessarily obslruot or ina
pee ne passEe on or over said railway any part
fons or any property belonging ID said railway CON.