The Superior times. [volume] (Superior, Wis.) 1870-1912, 1872-05-04
GENERAL LAWS OF THE STATE OF WIsCONsIN-1s72

been appointed or elected, TO the Doafd OF direct
ors, if any, or to the person or persons appointed
by the majority of the stockholders OF such cor
porat;on; and such secretary on being duly sub
p9naed to appear as witness in any cause or
trial in any court of justice in this state, shall
attend and produce such books and records OF the
corporation as may be demanded in sdch subpoena,
to be used in such trial.
Sec. 80. Any deed of trust or mortgage OF any
locomotives, tenders, cars or other property used
or intended to be used rolling stock or equip
ment or any railroad in this state, and any dis
charge or satisfaction thereof, shall be acknowl-
edged in such manner as would entitle deed OF
real estate to be recorded, and shall be sufficiently
recorded fled, by fling copy thereof in The
Office of the secretary of state and certificate OF
such filing endorsed thereon by the secretary of
state shall be evidence thereof and such deed Of
trust or mortgage shall be and shall remain during
the continuance thereof, valid and eiiectual as
against the creditors of the company making the
same or subsequent purchasers or mortgages in
good faith, without any further proceeding what
soever.
Sec 40 All rolling stock of any railroad compa-
ny used and employed in connection with its rail
road, shall and the same is hereby declared to be
fixtures; and all such property, and all additional
rights of way, depot grounds and other real proper
ty, acquired subsequently to the execution of any
trust deed or mortgage, which may be described or
provided for therein, shall be subject to the same
lien is created by such trust deed or mortgage on
the property therein described to which such COM
pany had title at the time of its execution; every
mortgage trust deed upon any railroad in this
state or upon any part thereofand every discharge
satisfaction thereof and every deed of any rail
road executed on sale or conveyance or Such rail-
road any part thereof may be recorded in the of
flee of the secretary of state in proper book kept
for that purpose; and the certificate of such re-
cording Endorsed thereon by the secretary of state,
shall be evidence thereof and the said mortgage
trust deed or deed recorded, shall lave the same
effect if recorded in the several counties through
which said road may be built; and the records of
such trust deed or mortgage deed made above
provided, shall be evidence and notice of the lien
thereby created upon or conveyance of all such sub
sequently acquired property, to all persons inter
a Y md he on1p off. Of
as the same Is now by law made notice of the lien
of such trust deed or mortgage or deed, upon any
property TO which said railroad had title at the
time of its execution.
Sec. Al. Ii shall and may be lawful for any rail
road company annually or ofteIer IL its board of
directors shall deem expededt, to set apart and
appropriate SUM of money, not exceeding fifty
per cent OF It's net earnings or resources for any
one year. after paying the current expenses of
TIER road, and the interest its outstanding in
debtedness, IN order to sink, redeem, pay of, can
Gel or discharge the Indebtedness OF said com
peny, incurred in the construction aud equipment
OF its road and the said sums set spart SHALL be
annually applied TO the payment and discharge OF
such debts OF said company as shall be due. and to
the purchase and redemption of the outstandin g
evidences of Indebtedness of SAID company as the
board OF directors thereof shall deem most for the
interest of said company.
Sec. -. All actions against ally railroad corpor.
alton created by the sws of the state or sny cor
+, poratioI operating any railroad within this state
under any lease or Otherwise Except appeals from
the award OF commissioners, appointed under this
property taken for the use Of such ccrporation),
shall be brought in some county through which
such railroad runs; and no proceeding shs.l be
had enter tanned in any such action unless pro-
cess shall have been duly served upon the presi-
dent, secretary, superintendent, general man ger
or general solicitor of such cor9oration proUded,
tina. In all actions against any such corporatou p
whose aforesaid officer she. all reside be without
the state or whose principal office is without the
state, and in all actions brought in justices court
the process may be served upon any agent oil tie
company against which the action is brought wFo
has charge of depot station the line OF raj
road owned or operated By said company car
poTa.ion.
Sec. 43. All railroad companies in this state,
whenever their track crosses public Highway,
shall putup, or cause to be put up, large sign
boards at or near said crossing with the following
inscription on both sides of such boards, in large
letters: look out Tor the cars" In all incorporat
ed cities, the said companies shall cause the ball
on Il c engine to be Iung before Crossing any of
the streets of city, and their trains shall not 90
faster, until the have passed all tave,ed
streets of said city, than at the rate OF six mills
per hour.
Sec. "A. Every railroad company in this state
shall make an annual report TO the stockholders of
Its operations during the year ending the 3lst
OF December, which report shall be verified by the
affidavit OF the secretary, treasurer aud superin-
tendent of the corporations: and copy of said
report shall be fled in the office OF the secretary
State, on or before the first day of February in
each year, and sha state:
/. The length of rosd in operation the length
OF single track; the length of double track the
weight of the rail per yard.
,. The capital stock actually subscribed and
the amount paid thereon.
3. The whole cost OF the road, showing the
amount expended for the right of way, for bridg-
ing grading, iron and buildings, respectively, snd
for all other purposes incidental to the construc
ton of such road.
4. The amount and nature of it's indebtedness
disting gushing the first second and third mortgage
bonds, and the unsecured Indebtedness, and the
amount due the corporation.
5. The number of through an! way passengers
and the rate OF fare.
6. The amount received for the transportation
of passengers property and mails for interest and
from all other sources respectively.
Z: The amount OF eight,specifying the quanti-
ty in tons or other usual mode of Measurement.
s. The amount paid out for repairs of The road,
buildings, engines and cars respectively, for fuel
taxes and interest, specifying the Indebtedness on
which the same is paid for wages of employees,
for salary paid 10 each officer where it exceeds one
thousand dollars per aLnum. and for any other
purpose incidental to the business OF transporta-
on, so as to give compete statement CT the en-.
tire aanusl expense of the corporation.
Q. The amount of Joss to the corporation from
casualty.
10. The number and amount of dividends ana
when made, and in what manner such dividends
have been paid
II. The number of persons killed or injured
the causes thereof, and whether passen gers or
persons employed by the corporation.
-. Whether any such accidents have arisen
from carelessness or negligence o any persona ain
the employment CT the Corporation, and whether
such person is retained in the service OF said cor
poration And it shall be the duty of the secre-
V,
mail to every stakeholder in the same, W. ose post
office address is known copy of its annual report
Sec. 10. Ii shall be the duty of the secretary of
state to arrange the Information contained in sucb
copies in tabular FORM and prepare the same for
the use OF tie Legislature.
Sec. 46. 1t shall be and is hereby made tie du-
ty OF every railroad company operating and run
ming their ROAD within this state, to receive for
shipment and ansportaticn any and all grain
horized agents, servants employees for Transport
tatlon over their road, to made and deliver for
suCh grain consigned to any cOnsignee or con
signees. the usual bill of landing [ladn II to tie
shipper or consigDor thereof to transport and car
~ all such grain over their said road, at the tariff
OF CHARGES adopted by such company and then IL
force, to such elevator, warehouse or mill as the
same may be directed or shipped to by the owner
shipper or consigror of such property, and to &c.
liver such grain to the actual consignee or con-
signees thereof, az such warehouse or place of
storage may be designated as the place of deliv
cry thereof by such coneignee or consignees
pr0Utdtd, the same can be 20 delivered to him or
them at any elevator, warehouse or mill, by an
track connecting Herewith, at any distance not
greater than one half mile therefrom, by whorso-
ever laid or owned, over which said company has
and in no case shall any railroad company make
any increase or additoralCharse for the trGnsppr-
tatlon oil such grain as it may be obliged to deliv
er TO the cOnslgnee or cOnsignees thereof. except
in cases where such company is required to pay
for the use of such track and in all suca cases no
additional or increased charge shall exceed the
sum &C ualy required to be paid by the com
pany for the right and privilege to run its cars
over such track.
Sec. AZ II shall be lawful for the owner or
owners of any elevator, warehouse or mill at any
station on the line or at the termination of ary