The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1869-02-26
Tle Free Railroad BllI.

The following is the text of the free
railroad bill as itPassed the House of
Representatives on Friday:
A bill to amend section twenty-four
of an act entitled 'an act to provide for
the creation and regulation of incor-
porated companies in the state of Ohio
passed May l, 1852. (Swan and Critcb,
field, pages 2sl, 2s2.
SECTION l. Be Il enacted Jy the Gen
srdl assembly of tie State Of Ohio, That
section twenty-four of the above en-
titled act be amended to read as follows:
'SEc. "a. Any railroad company
heretofore or hereafter incorporated
may, at any time, by means of sub
scription to the capital of any other
company, or otherwise, aid such com
pany in the construction of its railroad
for the purpose of forming connection
of said last mentioned road with the
road owned by the company furnishing
such aid, or any railroad company or
ganized in pursuance of law, either
within this or any other state, may
lease OF purchase any part or all of any
railroad the whole or a part of which
is iu this state, and constructed, owned
or leased by any other company, if said
companies lines of said road are con-
tinuous or connected at a point either
within or without this state, upon such
terms and conditions as may be agreed
upon between said companies respec-
lively, or any two or more railroad com
panies, whose lines are so connected,
may enter into any arrangement for
their common benefit, consistent with
and calculated to promote the objects
for which they were created; provided,
that no such aid shall be furnished, nor
any purchase, lease, sub-letting, or ar
rangements perfected, until a meeting
of the stockholders Of said company Of
this state, party to such agreement
whereby a railroad in this state may be
aided, purchased, leased, sublet or af-
fected by such arrangement, shall have
been called by the directors thereof, at
such time and place, and in such a man
ner as they shall designate, and the
holders of at least two-thirds of the
stock of such company represented at
such meeting, in person or by proxy,
aud voting thereat, shall have assented
thereto; and provided further, that if
railroad company of another state
shall lease a railroad the whole or part
of which is in this state, or make any
arrangements for operating the same,
as provided in this act, such part Of
said railroad as is within this state shall
be subject to taxation and shall be sub
| ject to all regulations and provisions Of
law governing railroads in this state in
| like cases, aud a corporation in this
state leasing its road TO a corporation
Of another State, shall remain liable To
| all parties as if it operated the road it
self, and corporation Of another state
being the lessee of a railroad in this
state, shall likewise be liable for any
violation of che laws IN this state, and
may sue and be sued in all cases and
causes, and in the same manner as {
corporation of this state might sue Ol
be sued if operating its own road, bu
satisfaction Of any claim or judgmen
by either of said corporations shall dis
,charge the other; and a corporation
being the lessee, as aforesaid, shall es
tablish an Office in this state at som,
: point on the line of the railroad 81
leased, at which legal process and no
, tice may be served as at the genera
office Of railroad company Of thi
state.
"'SEo. 2. That said original sectior
3 "a be, and the same is hereby repealed
and this act shall take effect on its pas
| sage"
A v-r;for IN Tho Ci,c;rpoti Goyeffc Of IN