The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-09-30

the DIRECTOR, or by the stockholders owning not
lee than onefourth Of The stock, BY giving thirty
dayS public notice Of the time and plscs o. ne ne
The stockholders, the particular objcet Of such
meeting shall be stated In such notice, and II 81 any
such meeting thus called, majority In value Of The
Srsay .SsS meeting nSs day
any SUsnsss. and II within aid three day. .ioei
s ss$ .a. a.T mssns sSsS &. 10 d.
SEC. 70. <sd % q r,tl,r s.sstsd. rhss 81 . reg
u.r meeting q The ,sochhos Of any soca s snS
directors IN once for the preceding year 70 exhibit
3 cIear and dhtipct statement Of the anAis Of The
aid company, and at any meeting OF the stockhoid.
proxy may require similar statements from the di.
fectors whose duty Il shall be 10 furnish them vhen
required and At all general meetings Of the stock
psny may remove any president OF any director,
and elect Others In their stead Prsvdsd, That no
tice Of such intended removal shall have been given
M The I've s ,.all sss in
Il shall happen at any time that IN election Of d.
rectors shall not be made on the day designated BY
the bylaws Of the company when II ought 70 have
be dssoived. II within ninety days thervsner they
shall hold an elect Ion for directors In such manner
a. shsll be provided by the bylaws Of the comps.
,hsI Be chosen By pnS o% the DIRECTOR and
also such subordinate officers - the company by.
laws may designate, who may be elected or appoint
ssd e s :Sss ;ssss .r "a s' Ss
Thai nothing herein contained shall be % construed
a. 10 prevent the stockholders ffom removing .
president In the manner prescribed In the preceding
section.
SEC. ia. <nd BE- a. further snset.d, That l. shall
he lawful for the directors TO call In and demand
from the stockholders, respectively, any sums OF
stalments As the directors shall deem proper under
the penalty OF forfeitng the shares OF stock sub
scrbcd for and all previous payments made thereon
within thirty days amer personal demand or notice
requiring such payments Pr5ridsd, That subecrip-
tions shall not be required 10 DO paid except In
equal nstalmenn OF not moro than ten per oentum
SIC. rs. And Be % further enacted, That the di.
rectors Of such company shall have power 70 make
bylaws for the management and disposition OF
stock, property, and business ahrs OF such compe-
ny, and prescribing the duties Of the officers, arth.
GERS, and servants that may be employed, and for
the appointment OF all the officers for the carrying
OF such company.
SEC. is. Ind be u hrfAsr snsefsd, That the stock
Of such company shall be deemed personal estate,
company, but no shares shall be transferable until
all previous calls thereon shall have been hlly
paid or the shares shall have been forfeited for the
QOu.pAymont OF Gaia thereon.
SEC. IL. And be u further .noeisd, That the pres.
ident and majority OF the directors, within thirty
days after the payment Of the last lnstalment oil
the capital stock % fixed and limited by the compa.
s ny stock 20 ISd and paid in Which certc.s
shall be signed by the president and majority OF
the directors, and sworn TO by the president ana
secretary, and they shall, within the ssid thirty
DAYS, file and record the same In the ONCE OF The
register Of deeds for the District Of Columbia.
SEC. 10. Aad BE- u further ,naeftd, That every
such company, before constructing . part OF their
tended 70 be adopted by such company, which shall
be certified by majority Of the directors and hiei
in the ONCE OF the register Of deeds Aforesaid, for
the inspection and examination Of oil parties Inter
ested.
SIC. 10. And Be % further enacted. That every
such corporation shall poesess the general power
and be subject 10 the liabilities and restrictions IN
the following powers, that 10 70 gay; FIRST: do
ed railroad 10 be made as may be necessary TO the
selection OF the most advantageous route for the
railroad; and for such purpose, by their oihcers'
tiers Of any person, but subject to responsibility for
all damages which they shall do thereto. Second
To receive, hold, and take such voluntary grant.
property, As shall be made TO II, to aid in the CON
struction, maintenance, and accommodation OF such
railroad, but the real estate thus received by vol
untary grants shall be held and used for The pur
and by voluntary grants and donations receive and
take, and by its officers, engineers, and Surveyor
and agents, enter upon and take possession or and
hold and use all such lands and real estate and ohei
property. a. may be necessary for the construction
and maintenance OF ia railroad and stations, DO
pots, and other accommodations necessary to 40
complish the objects for which the corporation wa
created but not until the compensation 70 Dc made
therefor, as agreed upon by the parties, or ascer
taned as hereinafter prescribed, shall have beer
paid to the owner or owners thereof or deposited ~
hereinafter directed unless the consent Of such own
or be given 70 enter into possession. Fourth. II
lay out It's road, not exceeding six rods wide, and
construct tho Same, and for the purposes OF cut
tings, embankment, and procuring stone ana gIsv
is charter, In the manner hereafter provided, q
security scr, Of the road. Pinh. To construct !hell
Ter, water road highway, railroad or canal
~ rs not 10 interfere with the free use OF the same
which the route OF s road shall lntersect, In such
but the corporation shall restore the stream or wa
tercourse road highway, thus intersected TO III
former state, or In q sufficient manner not 70 have
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 oil
such other railroad company, with the necessary
In frtherance Of the objects Of Its connections and
every company whose railroad s shall DO hereaf.
ter intersected by any new railroad, shall unite
with the owners OF such new railroad In forming
such Intersections and connections, and grant the
facilities Aforesaid and II 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 ascer-
talned or determined by commissioners, TO DO APP
pointed as Is provided hereinafter In respect 10 IA
king OF lands but this section 10 not 10 aIct the
To purchase lands necessary for tie use OF said
road, or take them; nav change the line or ib road
whenever majority Of the directors shall 90 deter.
mine, as Is hereafter provided but no such change
49, 49, kn SoaA RivhN
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 o:@b1atop q them and % receive SO%Ren.si
necessary and convenient buildings, stations, de-
pots, and fixtures, and machinery for the aooommo.
dalton and use o. their Ps,senE.r' freight y and
Tenth. 70 regulate the time and manner In which
passengers and property shall he transported, and
the tolls and compensation 10 be paid therefor.
ssc. 20 Lnd Zoe further enacted, That In case any
company formed under this act 10 unable 70 agree for the
purchase Of any real estate rqued o the construction OF
The tracks, urnous and water stations shall have the
right 70 acquire the Title to the same 10 the manner and
$50 81. And BE- u JsriAr snoetsd, That such CON-
pany hereby authorized 10 enter upon any land no the
purpose Of examining and Surveying s r.ircd lne and
may appropaie 90 much thereof az may Dc deemsa nee
essary or lie railroad Including necessary side Tracks and
water stations materials Tor constructing, except umbe
right Of way adjacent lands, sufcient to enable
such company 10 construct and repair IL rad, and
right to conduct water by aqueuc, andt right Of maxi
ng proper drans The corporation shall forthwith de.
pslt with the clerk of the supreme court OF the Dsfet
Columbia description Of the rights and Interests intepsed
20 be sppropaied and such aDds rights, and Interests
shall belong to such Company, TO use f the puose spec
ihe by making c teoering payment - hereinafter pro
vided The corporation may. BY IL dlrcto, purchase
any such lands materials, right q vsy OF Interest % e
owner Of such lands case the same owned ny
persons insane infant. at price 10 be agreed upon
By the regularly constituted guardian 90 parent OF sa in
sane person OF infant, the sae shall be appraised by
the court Aforesaid and on such agreement and APPROVAL
the owner guardian, OF parent a the case may be, shall
convey the said prmises, purchased, IN he simple OF
Otherwise 90 the parties may agre, 10 such railroad CON.
many and the deed when made shall be deemed valid In
law. II the corporation shall not agree with The own.r Of
the iaDd With his guardian, u the owD 10 incapable q
contracting touching the damages sustained By such APP
propation such copo toa shall deliver 10 such owner 90
guardian cory Of such instrument Of apI~opfiatt"n
the owner his guardian, In case such owner Incapable
81 contracting he unknown such corporstion shall Pubsn
In scme bewpaper In the District 10 be Designated BY said
court los The term of six weeks an advertisement rcinr
the substance of such instrument Of appropatlon Upon
xine such of appropation and delivery such copy
os making such publication, the supreme court Of the ps