Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1868-10-22

point in the west line of the State OF Yer.
mont, In the towns Of Orwell OF Shore
ham. where the same can most eonyen-
iently meet and connect with the Platts-
burgh Il Whitehall Railroad, with the
right to transport and carry persons aud
property over said Fairhayen 4 Lake
Shore Railroad, BY the power Of steam or
otherwise, and BY that name may sue and
be sued, may have common seal, and
shan have all the rights incident to COR
porations.
SEC, 9 The capital stock Of said
company shall be five hundred thou
sand dollars, WHICH may DO increased
from time TO time, TO such an amount as
may be necessary 10 complete said road,
and furnish all necessary buildinBs, road
furniture and other appurtenances, need.
full or convenient for the use Of said road,
and said capital stock shall be divided into
shares Of one hundred dollars each
SIC, .. William r. Sanford, IL. O,
Holley, John l.. Hammond. Martin Q.
Rice, John Balls, John 4, Rich. Marvin
North, Nathaniel Fish and Ira @. Allen,
shall be commissioners TO receive sub
soriptions TO the capital stock Of said cor
poration, who shall open the books there
Tor, at such time and places as they hail
elect, giving ten days notice thereof by
publication in one or more newspapers,
in each Of the counties Of Addison and
Rutland.
SEC. 4. Said commissioners may cause
such preliminary surveys and explorations
To be made as they deem eSpedient, and the
expenses thereof shall be paid by said
corporation when organized.
| SEC. 3. The commissioners shall, a.
soon as two hundred shares of the capita
stock of said company shall have beer
subscribed. shall cause notice 10 be given
10 the stockholders of said company for q
meeting Of the stockholders for the election
Of five directors of said company, which no.
tice shall be given in anewspaper published
in each of the counties OF Rutland ant
Addison at least two weeks prior 10 the
time Of holding such election; at which
time and place designated in said motto,
the stockholders shall elect said directors
and thereafter the directors shall be annu
ally elected by said company, and shall
hold their offices one year.
| SEC. O. Said directors may cause suol
examinations and surveys of the line o
said road TO be made, and after such ex
aminations and surveys, may locate then
said road not exceeding six rods in width
and shall by certificate under theil
hand and seal designate the line or rout'
on which they have located their sale
road, and shall cause the same TO be re
corded in the several town clerks Office
in the towns through which said roa,
passes. Said directors may at any tim
make such alterations in the route or loca
ton OF said road as thay may deem neces
sary or expedient, always causing tn
same TO be recorded in the town clerks
offices in the towns where such altera
tions are made.
SEC. I, Said corporation may contract
with the managers of any railroad compa
ny to do and perform all transportation
of persons and property upon and owe
their road, and may lease their road, ant
do such other things as may be neccsSar,
TO build and run said read
SEC, .. II said corporation shall not
within six years from the approval of thi
act, commence the construction Of sal
railroad, then said corporation shall b
dissolved.