The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1870-11-10

or any 0tnecr or agent or workman OF sucu
company, on account thereof. on such COM
pany paying into court . sufficient sum. as
the court may direct, to pay thecompenss.
ton therefor, when 6nally ascertained; and
in every such case the party interested in
real estate may conduct the proceedings
10 conclusion, il the company delays or
omits to prosecute the same.
SEc. 25. And Je Il further enacted.
That such company may, from time to time,
borrow such sums Of money as they may
deem necessary for completing or opera
ting their railroad. and issue and dispose
Of their bonds for any amounts so borrow
i Cd, for such sums aud and at such rates of
interest as may DO agreed upon, and mort
gage their corporate property and ffanchi-
SEES to secure the payment Of any debt con-
tracted by such company; and the directors
Of tho company may confer on any holder
Of any bond issued for money borrowed as
aforesaid the right to convert the principal
due or owing thereon into stock OF said
company, at any time not exceeding fifteen
years from the date Of said bond, under
such regulations as tho company may
adopt; and such company may sell their
bonds whenever they may deem proper.
aud such sales shall be as valid as if-such
bonds should be sold at par value. But
such corporation shall not have power to
issue any bonds or to execute any mortga-
ges upon its property or franchises until at
least oue-half of the capital stock shall
have been fully paid.
Sgc 20. dnd Dc IL further enacted,
That if at any timo after tho location of
tho track of such road, in whole or in part,
and tho filing of the map thereof it shall
appear to the directors Of such company
that the line thereof may be improved such
directors may. from time to time, alter the
line, and cause new map to be fled in
the said registers Office, and may thereup-
on take possession Of tho lands embraced
in such new location that may be required
for such construction and maintenance of
such road on such new line, either by
agreement with the owner or by such pro-
cccdiugs as are authorized under the pre-
ceding sections Of this act, aud use the
same in place Of the line for which the new
is substituted,
SEC. 81. and Dc 1t further enacted,
That whenever the track of such railroad
shall cross road or highway. such rond
or highway may be carried under or over
the track. US may be most expcdient; and
in cases where an cmbankment or cutting
shall make change in the line Of such
road or highway, desirable. with a view to
more easy ascent or descent, the said
company may take additional lands for the
construction ofsuch road or highway, or
such now liue as may be deemed requisite
by the directors. Unless the lands so Ia.
ken'shall DO purchased or voluntarily Civ
en- for the purposes aforesaid, compensa-
ton therefor shall be ascertained in the
manner in this act provided, as nearly as
may be, and duly made by such corpora
ton to tho owners and persons interested
in such lands, and the same, when so made
and compensation made, to become part Of
such intersecting road or highway, in such
manner and by such terms us the adjacent
parts of such highway may be held for
highway purposes.
SIC, %. 4laa DC il further enacted,
That every conductor, baggage-master,
engineer, brakeman, or other employees Of
any such railroad corporation, employed on
a passenger train, or at stations for pass.
engers, shall wear upon his hat or cap o
badge which shall indicate his Office, and
the initial letters of the style of tho corpo.
ration by which be is employed. No col.
lcctor or conductor without such badge
shall demand, or be entitled to receive,
from any passenger any fare, toll, or tick
ct, or exercise any of the powers of his Of
flee; and no other Of said officers or employ.
ces without such badge shall have any au.
thority to NEEDLE or interfere with any
passenger or property.
SEC. 30. And De Il further enacted,
That every such corporation shall make an
annual report to the clerk of said supreme
court of the operations of the year ending
the first day of January, which report
shall be verified by the oath Of the treasu.
rcr aud acting superintendent operations,
and fled in his Office by the tenth day oil
January Of each year, and shall states
First. The capital stock and the amount
actually paid in. Second. Tho amount
expended for tho purchase of lands. for the
construction of the road, for buildings, and
for engines and cars respectively. Third
Tue amount and nature Of its Indebtedness.
and tho amounts due the corporation.
Fourth. Tho amount received for the
transportation of passengers, of property,
Of mails, aud from other sources. Fifth.
The amount Of freight, specifying the
quantity, in tons, Of the products Of the
forest, of animals, Of vegetables, food,
other agricultural products, manufactures,
merchandise. and other articles. Sixth,