The Superior times. [volume] (Superior, Wis.) 1870-1912, 1872-03-30
LAWS OF WISCONSIN.
Published February is, 1921


CHAPTER General.
AN ACT in relation to railroad companies organized
under chapter 10 of the revised statutes entitled
g of joint stock companies"
The people of the state of Wisconsin, represented In
Senate and Assembly do enact as follows
Section 1. Any corporation heretofore organized
under the provisions of chapter sevenythree of the
revised statutes of Wisconsin, for the purpose Of
building railway In this state, may by vote of its
board of directors increase its capital stock to an
amount not exceeding twenty five thousand dollars
for each mile of railway which said railway corpora
ton may, by its articles of association, contemplate
building in this state and said capital stock may be
divided into shares of one hundred dollars each.
Sec.2. Every such railway corporation may hold
such real estate in fee simple, within this state, as it
manage, sell, lease and dispose of the same by its
proper officers, at pleasure.
Sec 3. No such railroad company shall set
up the defense of usury against the holder Of
bond or other obligation for the payment Of money,
issued by said company.
Sec. 4. Any mortgage or deed OF trust executed
by any such railway company may be recorded in
the Office OF the secretary OF state in book to be
kept for that purpose and such record shall have
the effect if such mort gage deed of trust
was recorded in the several counties through which
such road may run.
Sec. 5. Any such railway company shall have au-
thority and power, and Is hereby authorized and
empowered, by It's officers, engineers and agents,
to enter upon any land for the purpose of exploring,
surveying locating or determining the route of its
railroad and when the route of said railroad shall
be determined by said company by resolution
adopted by the board of directors, the company
shall have authority and POWER, and it is hereby
tn nrlzed and empowered, by its ents officers;
glneers contractors employees and servants to enter
upon take, possess occupy and use any land, along
and including the line of said route, not exceeding
one hundred feet Ill width and the said company
shall also have authority and power and ii is here
by authorized and empowered at any time, to enter
upon take, possess, occupy and any other lands
beyond the limits of one hundred feet, which shall
be necessary for the of said company, for the
purpose OF erecting depot buildings stopping
station houses, freight houses, houses engine
houses, machine shops, or for buildings fixtures
OF any kind, grounds about any buildings houses
or hxtures for the convenient operation of the bust
ness OF tine road, or for the purpose of removing
such substances and things may endanger, OBJ
Struct with the free of said road. for The n
pose of making deep cuts excavations or for the
purpose OF deposltinG earth, gravel or aone or fol
| the purpose of obtaining earth, gravel stone OF
other material Tor eba1 kments structures super
structures, necessary to, or for the construction
completion, alteration, maintenance, preservation
and complete operation of said railroad and copy
Of said resolution duly certified by the secretary o
said company, shall be recorded in the Office of the
register of deeds of the county in which the lands
described in tue resolution shall ie and all private
property which the said company is by this ac
authorized to take is hereby declared to be taken fo
public use. And the said pany shall at sucf
me and in such manner is prescribed by this act
pa the full value of all lands taken, possessed
occupied used, and all damages to the owner OF
| owners by reason of such taking, which value ant
damages shall be ascertained i'll the manner herein
after provided, and whenever the same shall hay,
| been paid, rendered and deposited as provided il
this act the title III and to any and all such lands shall
become vested III said company for the purposes OF
| said railroad.
| See. 6. Whenever the line of any such railroad
sail be located, and its route determined the said
| Company may apply by attorney to the circuit court
for the county through which it passes, or to the
judge thereof in vacation, for the appointment Of
| three commissioners to make an appraisal and aware
of the value of any and all lands which private