Evening star., 1869-06-12
OFFICIAL.
LAWS OF The UNITED STATES.
Passed a. the Frs: Session Of the Forty-tirs:
Congress.


IPUBLIC-No IL
Az ACT &c incorporate tie National JU nctioE
Railway Company.
Fsl: sB-Jtsf 81 the SeEdte and House Of Repre-
ss.Gi-ey Of he Tinted StG.,S If 4BsriId iI Con-
,~.,, rsy gbIsi. That James \. Magru der, John
4 kIdWSll. g.. IL CTagiD. John w. ThOmp-
z. d siIet kilbJurn, Alexander X. Shepherd,
and " iiliam Ii. Irnney, Of the District OF Co.
Iursbia, together with such other persons
NAV become associated with therl for that pur-
rose, together with their succSF sors are here
oy created and erected into i body corporate
and pOiifiC. II deed and in law, by the name
and tI;le Of tne NaIIOnal Junction Railway
Company, AL by tnas name have perpetual
succession. Snd hall he able to sue and 70 be
sued. 70 plead and be impleadsd, 20 defend and
,, ceteBdee, IN The courts of law and equity
Wi.EIn the DIstrIct Of Columbia. and nGy use
g COMMON seal. and may adopt bylaws for the
-erulatICE OF its government.
SRC. ,. Ard De- Il further enact .. That the sand
COrIOra1. on IS hereby fully authorized and en-
covered 10 survey, locate, lay cut, construct,
collect tolls upon. maintain, and enjoy rail-
way line. with aPpultenances and machinery
Necessary for one o. more tracks, within the
Hlsfric: ofCOlum bin. commencing AT the north
e-u termIn Us of the aquaduct bridge, in The c y
q Georgetown. or az some eligible point on the
south shore ~ the Potomac river above and
near sand bridge: thence in q noTtheasterIy di-
Tectlon by the most feasible route crossing
Rock creek, entering the city of Washington.
and passing through either ). T. or u street
ssCst, [nOrth-l around TIE city of Washington,
crossing the branches Of the Baltimore and
Ohio railroad upon the legally established
grades of the city, in such a manner as not to
D. dangerous 10 passenger and trains on either
road, thence TO point most feasible on the Po-
tOmae river, or Eastern branch of the same, at
Gated by the Secretary Of the Navy, with the
rights, powers. and privileges 10 construct the
said road the grades of the road to be approved
by me authorities OF the cities of Washington
and GeOrgetOwn; also the privileges of locating
AID constructing a grand Union depot on the
line OF SAID road, at some point between Third
street west and Fourteenth street west, in
Washington city; also a similar depot at some
convenient point in Georgetown, near the said
aqueduct.
SEC. 3. and be it further enacted. That the cap
Iial stock of said National junction railway
shall consist of five thousand shares of one
hundred dollars each, which shall in all re-
spects be deemed personal property, and shall
be transferable in such manner as the bylaws
Of said company shall provide.
SEC. .. And be az further enacted. That II shall
be lawful for the said National Junction Rail-
way Company, If deemed necessary, TO borrow
from time 70 time sums of money not exceeding
five hundred thousand dollars, and 10 issue
bonds therefor. bearing interest not exceeding
seven per centum, payable serni-annuaIly, and
10 mortgage as security therefor all the corpo.
rate rights, franchises, property, real and per
sonal, OF whatever kind soever, belonging to
said company.
SIC. 5. and Je 10 further enacted That the
persons herein named as corporators or a ma
lOrity Of them, shall, within ninety days after
the passage and approval of this act, meet in
prescribing regulations Tor opening books of
subscription TO said capital stock, at such
times and Placeas they may designate, by pub
lie notice OF NJ least ten days in two daily
papers in the city of Washington; and said
books shall De kept open until two hundred
thousand dollars Of sand stock shall be sub.
scribed, and twenty per centum on ell su bscrip.
lions shall be paid In lawful money at the time
OF subscribing, to the person or persons author
lzed oy the corporators 10 receive the same: and
whenever that amount shall have been sub
O.. he
paid in as above described. IL shall be the duty
Of me above named corporators "a majority OF
uOn of busiress) 10 call a meeting OF the stock
holders, a. the city OF Washington, for the pur-
pose OF electing directors OF the said cor
YoranOn, and each share of said stock on
which the said twenty per centum has
been paid as hereinbefJre provided shall
entItle the owner TO one vote. The
corporation herein named shall designate
q majority of their number 20 act as iIs pee tors
of elections; which majority of inspectors so
designated shall certify, under their names, the
directors thus duly elected, and shall notify
them OF their election and the time and place
Of the first meeting of the said board OF direc-
tors. AT such meeting the above corporators
subscription 10 the stock Of said National juno.
lion Railway Company, together with the
amount paid thereon, with a full report OF their
proceedings under this act, and thereupon the
duties of the corporators hereinbefore named
shall cease and determine forever; and thereaf.
ter the said directors. with their successors or
and corporate. The directors thus chosen shall
hold their office for one year and until others
are elected and qualified TO I'LL their places. A
InaJority Of SAID directors shall constitute q
quorum for the transaction OF business.
SEC. 6. ind Dc a. further enacted That the said
directors shall. af their first meeting elect from
dent. They may also, from time 70 time elect
= treasurer, a secretary, chief engineer, and q
e ensrai superintendent, together with such
Other officers, agents, and employees as they
vn 6oxr0 m II ~ yhr.rv, zhal hoI a
Office or position during the pleasure OF said
board Of directors. The directors shall have
power 10 MI all vacancies in the board which
may be caused by death or resignation, except
as hereinbefore provided for. The treasurer
and secretary shall give bonds with security
rs the board shall from time to time require
Meetings OF the stoc ckholders of the said corpo-
ration for the election Of directors, and for the
transaction Of business, shall be holden annu-
ally, and al such other times and upon such
notice as may be prescribed by the bylaws.
TIE directors of the said Corporation NAV
reguire the subscribers TO the capital stock 10
pay he amount By them subscribed, respec-
lively. az such times, in such manner, and in
such instalments as they may deem proper;
and II any stockholder shall refuse or neglect
u pay any IIstalment as required by a reso-
luton OF the board OF directors, the said board
may forfeit said stock for nom payment, and all
previous payments shall revert in law and in
e4uity 10 the said corporation under such reg
Elations, or may sue for and collect the unpaid
iHsialments IN any court OF competent juris-
CIctlon.
SIC. :. and Je IL furthsr enacted, That the said
corporation Is hereby empowered 10 purchase,
lease receive. and hold such real estate or other
property as may be necessary for accomplish.
ing the objects Of this act, and may by their
agents, engineers, CONTRACTORS, or wofkmen
im medIately enter upon, take possession of,
and use all such real estate and property as
may be necessary Tor the construction, mainte-
nance, ard operation of said railroad and the
accommodations appertaining thereto. But all
real estate or property thus entered upon and
appropriated by said railrca ad, and the accom-.
modations appeftairIne thereto, which are not
ton Of the owner or owners OF the same al a
price 70 be mutually agreed upon between
them and IN case of q disagreement as to price,
the said corporation. or the owner or owners of
uch real estate or property, shall apply by Pc
iilOn 70 J1suce OF the supreme court of the
Dlsulct OF Columbia particularly describing
Ihe property and the said justice, upon receiv.
Ing sucn application, shall cause such notice 70
De gwen 70 tne other party as he shall deem
roper ana sumclent, appointing therein tune
and plaee for hearing the parties; al which
time and place, upon proof that the notice
& rected has been givep- the said iustlce
shall direct the manner of ascertainips
The une value OF said real es,ats or
other property, together with the dan.
aees which the owner or owners there's
have sustained, or may sustain by reason ~
the appropriation, occupation. and use thereof
~ The said corporation: and the said Justice
= all appoint not less than three nor more than
seven competent and disinterested commIs.
siJnsrs, who shall be freeholders in the District
II Columbia, and 81 least one OF them shall b.
q resident Of the municipal corporation in
which said real estate other property nay