The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-08-05

Il
AN ACT to incorporate the Washington and
Boston Steamship Company.
| BE IL enacted BY the Senate and Houss of
Representatives Of hs United States Of .fneri-
ca In Congress assembled. That James s. Grin
nell, Wendell 7. Davis, Horstio Browning. Al
pheus Middleton. W. Albert King. Andrew Potts.
A. Gsldis, jr., Edward Hartley, Edwin A. Ryth-
er, William L. Wall, G. NJ Wright, William, II.
Morrison, George p. Gotf, George w. Potter.
N. y. Zimmerman. and Henry Mayo, aud j. W.
Sesver, and j. J. Newcomb, and John W. Bote-
Ter. Samuel Cross, George Waters, George Rog-
ers. and their associates and SUCCESSORS, or q
majority Of them. are hereby created and con-
stituted body polite and corporate, by the
name and style Of the Washington and Boston
Steamship Company.
SEc. .. .iad De 70 further enacted, That the
capital stock OF said company shall not be les
than fifty thousand nor more than Ave hundred
thousand dollars, to be divided into shares Of one
hundred dollars each.
SEc. 8. .4Rd be 10 further enacted, That said
Company Is authorized and empowered TO estab-
lish and run line or lines Of vessels, propelled
by steam or other power, between the cities Of
Washington, Georgetown, Alexandria, Norfolk,
and other ports in the State OF Virginia. on the
Potomac river, Chesapeake bay, or the tribu-
tsries cf the same, and Boston, in the State Of
Massachusetts,.
SEc. 4. .fnd Be I further enacted. That said
company Is authorized 10 purchase, hold, AMI
grant such real estate, not exceeding in amount
one hundred thousand dollars, as may be neces-
ssry 20 carry into effect the purposes Of this act,
and 20 build all necessary docks, wharyes. and
buildings thereon for their own use may trans
port passengers AMI freight Of every description.
subject to the rules and regulations and laws Of
the Unitel States may sue and be suel may
have a common seal. and generally may have
and posses the rights and privileges usually pos
seSSed by similar corporations.
SEc. s. Had Be IL further enacted. That the
affairs Of said company shall be managed by
such officers AS the stockholders in general meet
ing shall elect, and such agent AS may be ap-
pointed by the board Of directors. The persons
namel in the frst section Of this act, or ma
jority Of them, may call meeting Of the stock
holders for the purpose Of organizing said COM
pany, at such time and place as they may de-
teruine upon, after advertising the time and
place Of such meeting for ten days, in one or
more news papers published in the city Of WASH
invton. The officers Of said company once elect
ed shall hold their offices unlil their SUCCESSORS
are chosen.
SEC. 9. -Aad Be IL further eaac'ed, That the
said board Of directors may make all necessary
rules and bylaws for the transfer Of the stock
and the general management OF the business of
said company and each stockholder in said
company shall be liable for all claims against
the same to an amount equal to the stock which
said stakeholder shall have in said company.
SEc. 7. .fRd Be IL further enacted, That this
act shall be enforced from the passage thereof
SEc. 8. Had be 10 further enacted, That Gen.
gress may at any time hereafter alter, amend, or
repeal this act.
Approved, May 4. 1870.