Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-04-11
The Peopl.'s Gas Ligh, Company.

Company" of this place, company
which it is to be hoped will be decided
Improvement on the one which our citi-
oens have been for several pears depend.
ent uponl for their supply of artificial
lgh,
An A. TO incorporate the Peoples Gas
Ligi Comps Y Of Rutland.
IL Is hreby eanc'fd By the General ASSem.
bly Of d. State Of 'crmOnt, as foliOtoS
SEC. Charles Sheldon, George A.
futile, John W. Cramton, Alone O.
Bates, John B. Page and George A. Mer-
nil, and all and every person or persons
who may become subscribers according
to the mode hereinafter prescribei,
and their successors, are hereby
created body polite and corpor-
ate, in fact, by the name of the Pee.
PIES Gas Light Company Of Rutland; and
by that name, they and their successors
may have perpetual succeion, and shall
in law be capable of suing and being
sued In any courts end places whatsoever
and may have q common seal and the
same alter at pleasure, and by the said
name the said corporation shall have
power and authority to construct the
necessary buildings and apparatus to
manufacture gas to be made OF bitumi-
nous coal or other materials, to manufac-
ture and sell the same for the purpose of
lighting the streets, buildings, manufac-
tories and other places situated in the
village OF Rutland, and 10 enter into and
execute contracts, agreements and COW
enats in relation TO the objects of this
corporation, and of enforcing the same,
and be capable of purchasing, taking
and holding any estate, real or person
al, necessary to give effect to the speci-
fled purposes of this corporation, for the
accommodation Of their busisess and
con Germs, or which it may be necessary
for the said corporation to acquire and
hold for the purpose Of securing debts,
which have become due TO them in the
regular business OF the said corpora
ton; ProUided, that the said real estate
shall not exceed what may be necessary
for the purposes mentioned and no pri-
vate lands shall be taken or appropri-
ated without permission being first OBJ
tanned in writing from the owner or
owners thereof.
SEC. 2. The said corporation shall be
empowered to lay down their gas pipes,
and to erect Qas posts burners and re-
Electors in the streets, alleys, lanes, aven-
ues or public grounds of said village of
Rutland and to do all the things neces-
saay to light the said village and the
dwellings, stores, and other places stu
ated therein Pr0gtded, that the public
travel OF said village shall at no time
be unnecessarily affected or impeded by
the laying Of said pipes or the erection
OF the said posts; and the streets, side
and cross walks, public grounds, lanes
and avenues shall not be injured, but all
be left in as good and perfect condition
as before the laying Of of the said pipes
or the erection of the said posts.
SEC. 8. Charles Sheldon, George A.
futile, John W. Cramton, Alonzo C.
Bates, John B. Page and George A. Mer
rill are hereby appointed commissioners
for receiving subscriptions for the sum
of Forty thousand Dollars Gao, 000) to con-
stitute the capital stock Of said corpora
stion in shares of twenty-five dollars
each, and the said commissioners, or a
majority of them, shall open books for
that purpose at such time or times and
at such place or places within this State
as they shall designate by public I'D
vertisement to be previously inserted
for at least three weeks in q public
newspaper printed in the said village of
Rutland, and continue the same open I'M
til the said capital stock shall he sub
scribed, or at their discretion close the
same after they shall have remained
open two days, aud again open the same
at some Other time or times, place OF
places, giving pUhlC notice thereof, as
aforesaid; and the sum of five per cent.
lpou each share SO subscribed shall be
paid 10 current funds by each subscriber
at the time OF subscription, to the said
commissioners or q majority Of them
and each subscriber shall be entitled &c
receive certificate for such stock from
the said commissioners and the amount
so received by the said commissioners al
The tine OF subscription shall by them
or a majority OF them be paid over &c
the treasurer OF said company, to be ap
pointed, as hereinafter directed, and the
Board of Directors, constituted as here
matter provided, shall have power anC
they are hereby authorized from time
to time under the foregoing regulations
to open the books for the further sub,
scription of stock, until the whole STOCK
subscribed amounts to the sum of forty
thousand dollars (S40, 000). and are also
authorized to call upon said subscribers
for the paymeEs Of further installmentE
In such sum or sums, at such time Oh
times and under such forfeiture or for
FIXTURES as they may deem expedient un
I'll the whole amount Of said shares sc
subscribed shall have been fully paid
SEC. 4. The management of the con
Germs OF said corporation shall be vested
in six directors, to be selected from tbs
stockholders, and the commissioners
named in this act being stockholders
shall be the directors of the company
until the first Monday Ia July, 1857
and the said directors shall choose, by
plurality Of votes, a president from
among themselves, aud also shall elect
secretary and treasurer who shall bt
resident of this State and the said
directors and president shall hold theil
offices from the first Monday In July Ii
every year, for one year, and shall be
elected on the first Monday Of July In