Juniata sentinel. [volume] (Mifflintown, Pa.) 1846-1873, 1872-03-20
WHOLE NUMBER 1906.

SECTiON 5. nat SAID railroad com
pany is hereby authorized to construct
branches or lateral railroads, not exceed
ing nine miles in length to any mines,
quarries, or manufactures or 10 connect
with any other railroad in the counties
through which their said railroad may
pass and construct additional tracks, side
lings. turn outs, depots, water stations,
Rgine houses. shops, offices, telegraph
wires and all necessary buildings, houses.
shops and offices together with the plat
forms and schules for loading and TN.
loading ores and minerals. And when
ever said company shall enter upon lands
for the purpose aforesaid they shall stake
off and designate the boundaries Of the
same, and make an accurate survey ard
draft thereof upon which shall be based
all legal proceedings for TIE recovery or
adjustments of damages.
SECTION 4. That the president and
directors of said company shall have the
power to borrow money from time to
time in such sums and at such rates Of
interest as they may think proper not ex-
ceeding seven per cent. for the coustruc
ton Of said ra;l.oad and the procuring q
the rolling stock therefor, and to pledge
the said road rolling stock and franchises
or any part thereof by bonds mortgage:
or 9th hcrwise for tie payment Of tic
same. Pr0cidcd: That said company
shall not issue bonds for less denomina
ton than one hundred dollars. And the
said bonds may be convertible into capi
tai stock of said company at the option
Of the holder thereof or otherwise as the
said president and directors may elect.
Section 5 That in all cases where
said company and tie owners Of land
and materials cannot agree upon the
amount of damases claimed either fUl
land or materials the said company may
tender bond with sufficient security tc
the party claiming damages Tie. condi
ton of which shall DO that tho company
will or canse to be paid such amount oi
damages as the party shall be entitled tc
receive after the same ehall have beer
agreed upon by the parties named ac
cording to law Prorided: In case the
party or parties claiming damage refuse
to accept the bond or bonds rendered by
said company, the said company may il
such eases present their bond or bond.
to the court of commonpleas of the pro
per county or any Of the judges thereo
and if the said court or any one of tn,
judges thereof approve the security they
shall direct the said bond or bonds to b,
filed in the prothonotary 5 office Of sale
court for the benefit of those interested
wherenpon the said company may enter
upon or take possession ofsuch l,ni and
and materials.
SECTION 6. That in all cases in which
the owners of lands and materials, are
minors. lunatics, or habitual drunkards
1t shall and may be lawful for the guar
! dian or committee Of such owners and
the said company amicably to adjust The
amount Of damages to be paid if they
can agree, and on payment ofthe amount
it shall be lawful for such guardian O,
committee, to release said company fol
all claims therefore aud to execute al
necessary papers in the premises in case
the said parties canno: agree The said
company may proceed as is provided fol
in the FIFTH section of this act.
SECTION 7. That the number Of di
rectors shall be sine, Of whom tie presi
dent shall be one and FIVE of the rectors
of said company, shall constitute quo.
rum to do business.
SECTION s. That the said Tuscarora
Valley railroad company, shall com
Tnence their said road within three years
from the first day of July Ammo Domini
one thousand eight hundred and seventy
two. Prortaed: That the right to con
struct branches, additional tracks, side
lings 'urnouts. depots, water stations en-
CINE house. shops Offices telegraph wires
and all necessary buildings, houses shops
and offices, together with platforms ana
schries for loading and unloading ores
and minerals as provided in the third
section of this act shall not terminate
with such completion but shall continue
by corporate powers of said corporation,
Approved March 1ltl 1852