Evening star. [volume] (Washington, D.C.) 1854-1972, 1870-05-24
OPTICAL.
LAWS OF THE UNITED STATES.
Passed st Second Session Of Forty-frs Congress-
IPUBLIc-No. 81

iCsSftan<d yTogu seSserd1g SecT.l
hAlLkoAD COMPANIES - THE DIsrRICT OF CO.
&c = AHd b. ffHrth-T caGftef, That any number
Of perssns not less than being Subscribers 10
thu -ecck Of aIy cuntesn plated rail- road my ne
stTpr5irg owning aud mainI aininx su,5 r.iIr,s
hs Complying with the following relnsrre,-ns. !,
sand dollars -ha hay been Subscribed and i've psr
g ut uu9h such subscriPtion shali actually have
BE- n nsld m thr sub cribeTs To snch stock shall
eect di pctUrs for such company ar aa among their
cwr numscr and shall Sc er,sly subscribe articles
O asstCiatl' n II which shall Be sst fsrth the name 81
the eorP0rail N. the the capital stock II
t g u ~ Inch may be increased fron time 70
snncfing the rOsd, tpgrther with the righs of way
ard motive power, togeth-r with all the appurie,
nsnces and necessary for the com pets run
nIng Of said rad the number OF shlreS Of which
iheir names, 10 maus &c ths affairs the comp any.
The point place from which the proposed railroad
he bach sub cb 70 such snc ss s nsss ss.eiapisg sg
shsi stsie his place OF residence and the number Of
sAHIcs taken BY hln IN such company.
cES = 1lnd q q JETfss enacted. That articles of
The foreg.ing section shall be filed in the clerks
mSs Oi the reslsier ~ deeds in the District Of Co
pote and thereupon the persons who shall have sub
ssTlbed the same and all persons who snail from
ard their successors, shall be a bOdy poIitic and
corporate IN siuty BY the name stated in such
ana beng sued, and may have a common seal and
may make and alter the same at pleasure and shall
Nsyng any real or personal pT perty |. .hatever
nesessaIy ior the eonstrueion Of such road and Tor
appurtenSnees for the use Of the same COPY IufI
any articles Of association filed in pursuance X this
deeds shall in all courts and places be prima faee
- ,h se & 1I me lnt 3rPorston OF such company and
Slc . ARD ts UJSrfhsT sHaeteI, That the directors
books Tor subscription to the capital stock of the
company az such times and in such places as ma
which shall be given by publicatfon In sine daily
eSpeT pu6lished in said District; and in case q
tLesttr amount 1f stock shall be subscribed than
the whole capital stock r-quired by such company
the directors shall distribute such capital stoeS 50
.er,esIs: but no share thereof shall be divided IN
la ~ bs ~ nor shall greater num-
BY him subscribed for. 'A~n
b. an annual meeting Of the khoiders Al tb Of
nee OF IN tompaDy Tor the election OF irec ors 70
given By The rectos chosen az 9I Eneh a shall n be
section q this aef: for the first annual election and
tee .hs be pubshed not less thaR ,wenaS snSh a2 a2
InsvlGt there.o IN Newspaper publ shed in the
be chOsEn by the board directors preTious 10 anI
annual meeting cf the stoekhOders. Who shall be
% eefton b duty il shall be @ receive the votes
o. Snd hT AZ such election for directors,
declare the result AMI 6S n furn.h ns TSses fSe 1 and
wh eertcste of their eeetion % sIS %hiaS hk1SdsTs
tlhcate shalt be eyid, nee Of their authority
nor more than thirteen dir, ctors shall De tbse a.
sSeh meeting Of stockholders BY ballot and 6y a
sht IN Person or by proxy; and every such ssock-
ho.9er bebg 80 present at any lection Of direct0
sha oe entitled 10 give O'e vote for every share Of
stock which he may have owned for ten tys next
pre- pre-, iis such election; but no stockhoder shlli
VOC AZ any sneh election upon any stock except
such as he shall have owned Tor Zen DAYS NJ NJ
holder and qualified 10 vote for Tjrs.t1r :, SIX
non A. which ne shall be chosen The dirccors shall
hp thelr iees ior one year, and until others are
SIC. II 4Rd q u Clrthsr Enacted That mee,ing.
tie int rysl etwetn Jhe annual meetings. bV tE-
cutctoTs,o or by the Stockholders owniRg not les
rub iI Eotice OF he tine ana place OF the m s.ing.
& SGI mn % any such met :,ng Is called BY the stock
be -taf IN sut putfce- and l. any such meeting
thus called ajOri value Of the stockholdeTss
are Bot lsPies' nted in person or by proxy. such
meetng sh9 u le adjourned from day to day, not ex
hess and Sssn .ad tbTse dSys sRg Iss
having aJority Of the stock do not attend such
N ting. The n he heefiIg shall be dissolved.
SIC. y Aaa 9stt JSIth,I sHaetef, That at a regu
ticn sha be the duty of the president and direct
ors IN cfee for the preceding year to exhibit clear
parry, ard at any meetiI of the stockholders ma
JeIIy 81 ihG7e pressni, ~ person or by proxy, may
duty IL shall Je 20 furnish them when required AMI
az al general meetings OF the stockholders maJorI
others il their Prortfsa, That notice Of such
IN the two last preceding sections.
sIo l5. AEd D u lEr.h.r eaacted, That in case it
not Be made on he dag foa eesgSsed d Sy STs S
by no o. The somPany When Il onshI e haze
solved If within ninety days Thereafter fbey shaII
- al be provided BY the BY laws Of the company.
There shall be a president Of the company VINO sha
subordinate offcers as the company by laws may
designate, who may be elected or appointed ami re-
fomsnce Of the dsties of ibeir Ones a. the eo 595
pan, By It's By laws may require: PTOriass, That
prevent The stoCkh llers from removing president
IN The manner prescrb.d In the precsdi6g sectIn,
lawful for the directors 10 call in and demand from
the stoskhO r. respectively, any sums VI money
ment Eas tile directors shall deem proper under the
pEsY q iorfeiting the shares Of stock subgcribed
ment shall not be made BY the stockholder within
thiTS DAY sitter personal demand or notice re
tiOhs shall not be required 70 be paid sxeent n
Sl1Si @ y, ei not more than ten per ceitam
SIC; IS Ard Be ttfrrtAer eHac,ed. rha, the dres.
laws Tor the n,anagenent aud disposiiiSn II stock
pIoperfy, and business affairs 81 such company, aud
stTyants th9i IN msY Be smpl91sd, and fsl the ap-
tie business within the ebeSt and purpOss Of such
sIc; is AHd q :, gsrtssr ,Hacted, That the stock
and shall be tranaferable only the books of nm.
ali pTeTious calls ihere0a shall have been iaS Sid 1h,
OF the shares ,hs have been forfeited for ths non
SIC. Il. sSd D. g JyIiser enacted, That the prssi
dsys sitter the psy nsnt ~ the last fstu az sir b
capital stock 50 nxed and limited By the company
shall make ccrtlnCA staring the aInOuat
tai stock 80 fixed ana paid in, which ceriiiicste
shall be signed by the president aud a ma j8rity "
the directors and sworn 70 by the president AMI
secretary: and they shall, within the said thirty
days, he and record the same in the offics Of tn.
ster Of deeds Tor the District Of Columbia
CSC 4. ARd BE- tfJSrfssr enacted, That every such
company, before constr ting a part of their road
shall maze map anf prOnic Of the intended u
be adopted BY such company which shall ts certified
BY maJoriIy Of the directors. and ned In the once
al a examin alton Of AL PARTIES interested.
corpOrafiOn shall the general powers aad be
ci. pOwers following. that Is 90 say; first To c~e
road % Be made may be necessary th- selection
of the most acVan -eous route for the railroad: anf
for such puI pose, ~ their eicers, agents aud r.
yarts 10 enter upon Ne lands waters of any per
son hut subgect 70 responsibility fOr ali dam tgss
~ hick they shall do thereto. Second. To receive,
hold, ard take such voluntary grants and d1masio
Of real estate, and ether personsl propersy shall
be 10 Il, 10 aid in The CONSTRUCTION,
and accommodation Of such rairOai. but the
real estate thus received by voluntary grants s all
be held aud ustd for tbs urp,ses OF such grants
only. Thin ~. To purchase. and BY volantsry = ants
and donstisRs- -Eeceve ard t.ke and by fts offcars
engineers. ans survey and sgeRts, eater upon
and take ross~ssiOSl Of and hOki auai ali sac
lands AMI real estate and other properly. as may
le necessary for the construction ani uiafuss-
nance Of its raj Tu%d AID stations. d pois, ard
othfr acCUn rrodatcns nsCersaTy u acc0rap'ish lie
oljfCts TOR hich the cooperation created, but
nj uufii the G. M peaSatOn % be made fheref5r