Evening star. [volume] (Washington, D.C.) 1854-1972, 1870-08-10

AZ ACT TO ilcOrporate the United States Freehold
Land and Emigration Company, aud t. confirm
certain leRIsiatiOu N Colorado T~rritOry

o. ~
Az ACT TO ilc0rporate the United States Freehold
feIan spa hsIa n Gmss1 and t. confirm
Bt Il enastsi JS ihs SsSsie Gad Hons ~ Represss
taf'rsS o. ne UnIed States Of Anisr,oa IN CONFESS
side; 5. l.. N. Barlow, Charies A Lsmbard, William
Reynolds, Hiram Hitchcock, Henry W. Gray
associated with them and their successors, are here
by created body polite ana corporate, in the Ter
siyle, ard title Of the United States Freehold Land
and EmIsraiion Company and 10y that name shall
PLEAD and be implicated, defend and be defended, in
aI proper courts OF law and equity, and MAY make
SEC. And Be At further tndc,sd. That the capital
stock Of the .aid corporation shall be two and one
dred dollars each, and the shall be deemed to
be personal property and transferable the books
increased from time to time to the extent necessary
out the SssSts 4, Tor Which ho said is
Of the stock for the time being in favor OF such IN
SEC. 3. Ard bsisfvrther enaeted That the said com
parry shall have power to make such by laws it
d, ems for the disposition OF its property and
es ste and for the manasement Of its business and
Scer. and their dneS and to CARRY out the general
oh!ecis 81 the cooperation, and the same to amend or
.hs no; conflict with any Law Of the United State.
or ~ the Territories of Colorado and New Mexico
SIC 4 AMI b. ufsviisr erartsd, That the csrpora.
tors named In this act shall be the directors for the
until others elected and thereafter annual cleo
III rs Of directors not less than i've or more than
meetings to be called for that purpose, which each
share stock present In person OF BY proxy shall be
elect
SIC s. And Be at Jetasr enacted That the general
csTd be- as foow. To promote ana a
emigration to and establish settlements ON the lands
tories Of colorado and New Mexico and, in connec
tion herewith to establish such agencies il may
dem desirable; TO purchase, hold, lease, sell and
mortgage eny real estate situate In the San Juis
Park in said Territories, or either OF them, nov
in the first section Of this act. with any tenant
thereof, his their heirs assigns TO survey. lay
out, and improve the same; to establish, main tain
AID operate wagon road to and upon its property
construct anu m.Itain railroad and t.egTa app line
rem any point on lands OF said company in the San
L. MS Park, 70 the nearest and most practicable
Pacific railroad the Denver Branch railroad or the
At Gibson Topeka and Santa Fe railroad and the said
has the sh e hToue
the public lands OF the United states from and be
being to the extent Of hundred feet on each liz
Of said railroad line; and such corporation shall pos
and operate such railroad for the transportation Of
freight and passengers, and % collect and receive
ana franchises conferred corperstions by and Gn
der the provisions II chapter eighteen Of the revised
are hrebS eoed to and m IN sa
corsoratton, snbect to said statutes for the
II this act: PrOrtdsf. That this act shall not be
construed 10 permit said company acquire title t.
Any other lands or real estate than such is above
sBC g. And be further e,iOctsf, That such corpOr-
alton may make and dispose Of its bonds other OBJ
legations in such amounts, at such rates, and en-
~ n term ~ may deem most for its interest, for
he purpose 81 borrowing money for the purposes
sfCTesa.id, and may secure the same by a mortgage
all part OF its property and all its fran
chi-es, and may make the same and the interest
therein payable AZ such place places il may
dem proper, and may hold and transfer such real
osate Aforesaid and gersona property as may be re
snd may i-sne it, stocks and bonds for property and
AZ ain exchange it, property for its bonds stock
4 off liOari Qt "a nnfi
OF the boders, into stock Of the Company without
further action If the stockholders.
SCI And be tfITthtT snGc'sf, That this act shall
take effect Immediately and shall at all times b,
subjecE TO amendment OF repeal 10y Congress. anC
said p0raton shall be subject the general law
Of said Territories, and the safe formed therein
| operating upon all corporations equally.
Approved, July 3, is7U.