, 1868-11-06


iority of them, and in case any Of them refuse or
neglect to act then a majority Of the remainder,
shall. within ten days thereafter, call the hrst
meeting of the stockholders of said company, to
meet within ten days thereafter forfhe choice OF
directors, of which public notice shall be given
for Eve days in two public newspapers published
daily in the city of Washington, or BY written or
printed personxl notice to each stockholder by
The clerk of the cooperation. And in all meet>
iugs of stockholders each share shall entitle the
hOlderto one vote, to begiyen ip person, or BY
SEC, ls. And 81 il 5irthsr enacted, That the
government aud direction Of the affairs of the
company shall be vested in board of directors,
seven in number, who shall be stockholders, and
who shall hold their Office for one year, and until
others are duly elected end qualified to take their
places as directors. And the said directors Ia
majority of whom, the president being one, shall
be a quorum) shall elect one Of their number 70
be president of the board, who shall also oe
president of the company and they snail also
choose q treasurer who shall give bonds VIII
surety to said company, in such sum as the salu
directors may require, for the faithful discharge
of his trust. 10 case of vacancy in the board
of directors by the death, resignation or otherr
wise, of any director, the vacancy occasioned
thereby shall be filled ty the remaining directors
SEC. a. And be IL further enacted, Ihat tne
directors shall have full power to make aud pres
they shall deem needfu and proper, tending the
dis1osition and management of the stock, props
erty estate and effects of the company, not coz
trary TO the charter TO the laws OF the united
States and the ordinances OF the city ana county
| of Washington Provided, That the directors of
said corporation shall have power to require the
spbscribers to the capital stock to pay the amount
by them respectively subscribed at such time,
sfter the first instalment, in such manner and in
sucb- amounts as they may deem proper and if
any stockholder shall refuse or neglect to pay
any instalments, as required by resolution of
the board of directors, after reasonable notice of
the same, the said board of directors may sell at
public auction to the highest bidder, so many
shares of said stock shall pay said instalments,
land the highest bidder shall be taken to be the
person who offers to purchase the least number
Of shares for the assessment due, under such
general regulations as may be adopted in the by
laws of said corporation, or may sue for or collect
the same in any court of competent Jurisdiction
SEC. l5. And be u further enacted, That there
shall be an annual meeting of the stockholders,
for choice of directors TO be holden at such time
and place, under such conditions, and upon such
notice as the said company in their bylaws may
prescribe; and said directors shall annually
make report, in writing, of their doings to
Congress aud to the stockholders.
SEC. l6 AHd be Il further enacted, That the
mayor, council of said city, and the levy court
of said county, and the several officers of these
| corporations, and the said corporations, are
hereby prohibited from doing any act or thing
to hinder, delay, or obstruct the construction or
/ operation of said raiway, as herein authorized.
| SEC. II. And be IL further enacted, That the
said company shall have at all times the free
and uninterrupted of the roadway. And if
any person persons shall wilfully and unnec-
essarily obstruct OF impede the passage or de,
| stroy the cars, depot stations, any other pros
/ perty belonging to said railway company, the
person or persons so offending shall forfeit and
pay for each such offence the sum of ten dollars
to said company, to be recovered and disposed
of as other fines and penalties in said city or
county and shall remain liable in addition to
said penalty, for any loss or damage occasioned
| by his, her, or their act as aforesaid but no
suit shall be brought unless commenced within
sixty days after such offence shall have been
committed.
SEC. Is. And be It further enacted, That
unless said corporation shall make and complete
their said railway or railways between Pennsyl
! vania avenue and Boundary street within eight
months after the company shall have been or.
ganized, then this act shall be null and void
and no rights whatsoever shall be acquired un.
der it and that the remainder of said road shal
be completed within four years to its proposed
terminus in the county of Washington.
SEC. 10. ARd be 1t further enacted, Thai
that there shall be no regulations excluding any
person from any car on account OF COlOf.
SEC. 20. ARd be 1t further enacted, Thal
each of the stockholders in the " Connection
Avenue and Park Railway Company" shall bt
individually liable for all the debts and labii
, ties of said company to an amount equal to thu
} amount of stock held by such stockholder.
SEC. 2l. And be IL further enacted, Thai
it shall be the duty Of said company, when saiC
road is completed between Pennsylvania ayenut
! aud Boundary street, to have prepared tickea
\ for passengers on their cars, and TO keep then
at their Office tor sale by the package, at th,
rate of ten for fifty cents, and twenty for on,
dollar.
SEC. %: And be IL further enacted, Tha
/ all the provisions of the act Incorporating th
? Washington aud Georgetown Railroad Company
! requiring reports Of expenditures, earnings au
otherwise, shall be applicable to the compan
a herein incorporated, which shall make report
/ as in said act required.
SEC. %. And be IL further enacted, Tha
all acts and parts OF acts heretofore passed
which inconsistent with the provisions c
this act are, for the purposes of this act, hereb
r repealed, so far as the same are inconsiste1
\ herewith.
e Approved, July 10, 1868.
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