St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1868-12-18


: or majority of them, and in case any
4 OF them refuse or neglect to act, then.
:, majority OF the remainder, shall, within
! ten days thereafter, call the first meet
ing OF the stockholders of said company,
: to meet within ten days thereafter for
the choice Of directors, of which public
notice shall be given for five days in two
public newspapers published daily in the
city OF Washington, or by written or
printed personal notice to each stockhold-
er by the clerk of the corporation And
IN all meetings of Stockholders each share
shall entltle the holder TO one vote, to lie
gwen III person, or by proxy.
SEC. IL. And be it further enacted.
That the government and direction OF
affairs of the company shall be vested in
Il board OF directors, seven in number.
who shall be stockholders, and who shall
hold their office for one year, and until
other duly elected and qualified TO take
their places as directors. And the said
directors ia majority of whom, the pres-
dent being one, shall be a quorum) >halI
elect one OF their number TO be president
of the board, who shall also be president
OF the company and they shall also
choo.e treasurer, who shall give bonds
with surety TO said company, in such
sum as the said directors NAV require.
for the faithful discharge OF his trust.
In case OF Il vacancy i'll the board of di-
rectors by the death, resi- ignalion. or
otherwise, of any director, the vacancy
occasioned thereby shall be filled by the
remaining directors.
SEC. IA. And he it further enacted.
That the directors shall have full power
TO make and prescribe such bylaws, rules,
and regulations as they shall deem need
tul and proper, tending the disposition
and management ot the stock, property,
estate, and effects OF the company, not
contratry To the charter, or TO the laws
OF the United States and the ordinances
OF the city and county of Washington :
Provided, That the directors of said cor
poratlon shall have power 10 require tn.
subscribers to the capital stock TO pay
the amount by them respectively sub
scrlbed at such time, after the first install
nent, IN such manner and in such
amounts as they may deem proper and
If any stOckholder shall refuse or neglect
10 pay any insralments. lis required by It
resolution of the board of directors. after
reasonable notice OF the same, the said
board OF directors may sell at public auc-
ton, 10 the highest bidder, 30 many
shares OF said stock a. shall pay said in
staiments, (and the highest bidder shall
be takeA 10 be the person who offers to
purchase the least number Of shares for
assessment due,) under such general req
ulatioas as may be adopted IN the by
laws OF SAID corporation, or may sue TO.
or collect the same in any court OF COM
petent jurisdiction.
SEC L. And be it further enacted.
hat there shall be an annual meeting
OF the stockh, lders, for choice of direct
or>, 10 be holden at such time and place,
under such conditions, and upon such
notice as the said company in their bv-
laws may prescribe and SAID directors
snail annually make Il report, in writing,
OF their donSs 10 congress and to the
stock holders.
SEC. IL. And be it further enacted,
hat 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 prohibi-
ted from doing any act or thing 10 hinder,
delay, or obs ruct the construction or
operations Of said railway, us herein au-
thorZed.
SEC. Il. And be 1t further enacted,
That the said company shall have at all
times the tree and uninterrupted use OF
the road way. And if any person or
persons shall wiltully and unnecessarily
ebstruct Or impede the passage Or destroy
the cars, depot stations, or any other
property belonging to said railway COM
pany, the persons or persons 50 offending
hall forfeit and pay tor each such OIL
fence the sum OF ten dollars to said COM
pany, 10 be recovered and disposed OF as
other fines and penalties in SAID city or
county and shall remain liable in ad-
dlIlon 10 said penalty, for any loss or
damage occasioned by his, her, or their
act, us aforesaid but no suit shall be
brought unless commenced within sixty
days after such offence shall have been
committed.
SEC. lS. And be it further enacted,
That unless said corporation shall make
and complete their said railway or rail
ways between Pennsylvania avenue aud
Boundary street within eight months at
ter the company shall have been or4.ln-
zed, then this act shall be null and void,
and no rights whatsoever shall be ac-
qulred under it and that the remainder
OF SAID road shall be completed within
tour years TO its proposed terminus in
the county of Washington.
SEC. 10. And be it further enacted,
/ That there shall be no regulations eX-
Guiding any person from any Car on ac-
count of color.
SEC. 20. And be it further enacted,
Tuat each of the stockholders in the
connecticut avenue and Park Railway
Company" shall be individually liable
for all the debt and Liabilities OF said
company to an amount equal to the
amount of stock held by such stock hold
2r.
SEC. II. And be it further enacted,
That it shall be the duty OF sald com
pany, when said road Is completed he
tween Penn>yIvania avenue and Bounda-
gy street. to have prepared tickets for
passengers on their cars, and to keep them
at their office for sale by the package, at
the rate OF ten for fifty cents, and twenty
for one dollar.
SEC. %. And be it further enacted,
That all the provisions oc the act iucor-
porating the Washington and George