Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1872-01-22

pPid in cash, these facts are 10 be endorsed on
the articles of association, and with the maps
and other statements appertaining thereto, be
deposited with said commissioners: and when
ever the board of railroad commissioners are
satisfied all the requirements of the law are COM
Piled with, their clerk shall so endorse on the
articles of association; and the directors shall
thereupon hle these articles, with all the certif'
Gates endorsed thereon or annexed thereto, in
the office OF the secretary of the com muuwealth;
who, upon the payment to HIM of fifty dollars,
shall record the same in book to he kept for
that purpose, and shall issue a certificate de-
claring the corporation legally established. If
any party is aggrieved BY the location of the
road he shall have the right to bring the matter
before the county commissioners, and it it cdn
he shown that the road can be changed so as to
avoid such damage, in whole or in part with
out material detrlment TO the line of the rail-
road, ana without great injury to other par
lies, tue commissioners shall change such lOCa-
ton accordingly, the cost TO be paid by the cor
p0ration, unless the commissioners shall decide
the petition was frivolous, in viii h case the
petitioners shall pay the costs and expenses. If
The capital stock is found insufficient the direct
ors, upon being authorized by Il majority of the
stockholders, may increase the same from
lime TO time to the necessary amount 10 secure
the complete construction and equipment of the
road. II the corporation does not be9in the
construction of its road and eXpend thereon at
least ten per cent of the amount of its original
capital stock, within two years after the date of
the certificate of its establishment, and does not
complete and put in operation its road within
four years after saiu date, its corporate powers
and existence shall cease No other railroad
corporation shall subscribe for, take or hold
any stock or bonds of any railroad corpora
ton organized under the act, whether directly or
Indirectly, unless specially authorized by the
legislature. The provisions of the act, and
and the franchises, rights, powers, priv
ileges, duties and liabilities of railroad corpora
tiOns pstahiiS hpl l.Odpr III n pfI
act, can be altered, amended or repealed, and
the legislature can annul or dissolve any
such corporation.
The commissioners of the Boston, Hartford
and Erie railroad sinking fund, sent in their re-
port, which was ordered to be printed. The eX-
hijit was as follows ;-Amount of funds JAM,
1871. s659, 196.3s; received during the year, less
paid for interest on bonds purchased, S43,743 70;
total, SOP ,94OOS. The investments 10 city and
town bonds in Massachusetts, amount to S463,
746.11; State OF Maine bonds, 1924 $4,000; total,
S6S7 996.11; amount uninvested, S14 943.97.
Among the titlons read was one from J. w.
Cartwright and others to be incorporated as the
Revere Fire Insurance Company of Boston, with
a capital of 100000 Or $500 O0O
In the mouse to-day there was an earnest and
extended debate on the passage to "A third read
ing OF the bill TO increase the amount of prop
cry which the Massachusetts new church
union is allowed to hold, from fifty thousand
dollars TO one hundred thousand dollars. Mr..
Kilnball and Others opposed The amendment on
general principles, and Mr. Smith, the cotored
member from Boston, put snapper ON 10 their
arguments by saying that he should vote for
the bill because if such institutions could be
widely enough extended there would be no need
of governments on earth, and the Massachusetts
legislature would be o so etc. Mr.. CogsweI, Of
Yarmouth, and a majority of the speakers were
in favor of the bill, and it was passed TO a third
reading. Subsequently Mr.. Cogswen offered an
order, which as adopted, that the finance
committee consider the subject of the exemption
of the personal property and real estate owned
by charitable and religious organizations from
taxation.
The second appropriation bill was postponed
until Monday, at the instance of Mr.. Kimbal,
who said that some appropriations had been
reduced where an increase was asked. The
report of the military committee on the subject
of soldiers testimonials went over with it, at
the request of Mr.. Kimbal of Fitchburg, who
wanted to have the appropriation bill considered
first.
The report of the committee on elections, de-
claring that Mr.. Babbitt OF Berkeley whose seat
has been contested by 7. Preston BUT, was ac-
cepted aud MIR. Burt was given leave to with
draw. Mr.. Babbitt was four votes "too mauy"
for Mr.. Burt.
The petition of Donald Kennedy and other
southenders for new horse railroad to Iun
through Shawmut avenue, in this city, was pre-
scented to-day; also, the petition of the Eastern
railroad for leave to build a double track on its
| Slugus branch.
The house enjoyed hearty laugh to-day over
the eXtinguisher put upon the proposition of
Mr.. Fisk of Weston, to give the secretary of
state, Encouragement and other state officer a
seat upon the floor of the house, in order that
they might assist in its deliberations. His we'll
intentoned order was handicapped by an
amendment to give pretty much all the officers
of the state departments, and also OF the state
institutions, including the captain of the school
ship, seats upon the floor olthe house; also that
they have the choice OF seats, that the state
house he enlarged and that provisions be made
for its rem oval to Springfield. The house jocosc-
" adopted the amendment and, of course,
smothered the order alterward, although Mr.
Fisk earnestly protested against such light
treatment OF his proposition.