New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-08

emed personal estate, and shall be trans
eable only on the books of the company
no shares shall be transferable until
previous calls thereon shall have been
ly paid, or the shares shall have been
feited for the non-payment of calls
ereon.
SEC. II. And be it further enacted,
hat the President and a majority of the
directors, within thirty days after the pay
bent of the last installment of the capital
took so fixed and limited by the COM
any, shall make certificate stating the
mount Of capital stock so fixed and paid
which certificate shall be signed by the
resident and majority of the directors,
bid sworn to by the President and Secre-
Try; and they she'll, within the said thirty
lays, file and record the same in the Office
the register of deeds for the District of
plumbia.
SEC. Is. And be it further enacted,
kThat every such company, before con-
structing part of their road, shall make
s q map and profile of the route intended to
be adopted by such company, which shall
be certified by majority of the directors
I and filed in the Office of the register Of
deeds aforesaid, for the inspection and
examination of all parties interested.
Sec. 10. And be it further enacted,
That every such corporation shall possess
the general powers and be subject to
the liabilities and restrictions in
the special powers following, that
is to say: First. To cause
such examination and survey for the pro.
posed railroad to be made as may be
necessary to the selection of the most ad-
yantageous route for the railroad; and for
such purpose by their officers, agents, and
servants, to enter upon the lands or waters
of any person, but subject to responsibility
for all damages which they shall do there
to. Second. To receive, hold aud take such
voluntary grants and donations of real
estate and other personal property, as
shall be made to it, to aid in the construc-
ton, maintenance and accommodation Of
such railroad; but the real estate thus re-
ceived by voluntary grants shall be held
and used for the purposes of such grants
only. Third. To purchase, and by volun-
tary grants and donations receive and take,
and by its officers, engineers and survey
ors and agents. enter upon and take pos
session o., and hold and use all such lands
and real estate and other property, as may
be necessary for the construction and
maintenance of its railroad and stations,
depots and other accommodations neces-
sary to accomplish the objects for which
the corporation was created; but not until
the compensation to be made therefor, as
agreed upon by the parties. or ascertained
as hereinafter prescribed, shall have been
paid to the owner or owners thereof or
deposited as hereinafter directed, unless
the consent OF such owner be given to en-
ter into possession. Fourth. Tol.y out its
$road, not exceeding six rods wide, and to
Construct the same; and for the purposes
of cuttings, embankments, aud procuring
stone and gravel, may tske as much more
land within the limits of its charter, in the
manner hereinafter provided, as may be
necessary for the proper construction and
security of the road. Fifth. To construct
their road upon any street, or across any
stream of water, water course, road, high
way, railroad, or canal, SO as not to inter-
fere with the free use of the same, which
the route of its road shall intersect, in
such manner as to afford security for
life and property, but the corporation shall
restore the stream or water.course, road or
highway, thus intersected, to its former
state, or in q sufficient manner not to
have unnecessarily impaired its usefulness
or injured its franchises. Sixth. To cross,
intersect, join and unite with any other
railroad before constructed on any point
on it's route, and upon the grounds Of
such other railroad company, with. the
necessary turnonts, sidings, switches, and
other conveniences, in furtherance of the
objects Of its connections; and every COM
pany whose railroad is or shall be hereaf-
ter i1tersected by any new railroad, shall
unite with the owners of such new rail-
road in forming such intersections and con-
nections, and grant the facilities aforesaid
and if the two corporations can not agree
upon the amount of compensation to be
made therefor, or the points or manner of
such crossings and connections, the same
shall be ascertained or determined by
commits toners, to be appointed as is pro-
vided hereinafter in respect to taking OF
lands; but this section is not to affect the
rights or franchises heretofore granted.
Seventh. To purchase lands necessary for
the use of said road, or take them; may
.,ehange the line of its road whenever a
= majority of the directors shall so deter
mine, as is hereafter provided; but no
such change shall vary the general route
of the road. Eighth. To take, transport,
carry, and convey persons and property
on their railroad by the force or power of
steam, Of animals, or any mechanical
power. or by any combination Of them and
to receive compensation therefor. Ninth
To erect and maintain all necessary and
convenient buildings, stations, depots, and
fixtures, and machinery for the accommo-
dation and use of their passengers, freight,
and business. and obtain and hold the
lands therefor Tenth. To regulate the
time and manner in which passengers and
property shall be transported, and the
tolls and compensation to be paid there
for.
SEC. 20. And be it further enacted, That
in case any company formed under this
act is unable to agree for the purchase of
any real estate required for the construc-
ton of the track, turnouts and water
stations, it shall have the right to acquire
the title to the same in the manner and
by the special proceedings prescribed in
this act.
SEC. 81. And be it further enacted, That
such company is hereby authorized to
enter upon any land for the purpose of
examining and surveying its railroad line.
and may appropriate SO much thereof as
may be deemed necessary for its railroad,
including necessary side tracks and water
/. stations, materials for constructing, except
timber, right of way over adjacent lands,
sufficient to enable such company to con-
struct and repair its road, and right to
conduct water by aqueducts, and the right
of making proper drains. The corporation
shall forthwith deposit with the Clerk of
the Surname COurt of the District of Co.