Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1872-05-23

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guardian OF such infant, Of person non
compos mcntis, and such feme covert.
with the guardian of her husband, shall
have full power and authority to agree
and settle with said corporation for
| damages or claims for damages bv
reason of taking such lands and estate
as aforesaid. and give good and valid
releases aud discharges therefor.
Section s. Allreal estate purchased
by said corporation for the use o
the same under the third section of
this act, shall be taxable to said cor
ppration by the several cities, towns
and plantations in which said land lies.
IN the same manner rs lands owned by
private persons, and shall in the valu-
alton list be established the same as
other adjacent lands of the same
quality III such city, town or plantation
and not otherwise; and the shares
owned by the respective stockholders
shall be deemed personal estate and be
taxable as such to the owners thereof
IN the places where they reside aud
have their homes.
Section ). The legislature NAV au-
thorize any other railroad company to
make connections with the railroad of
thus company at any point on the line
OF its roltc. aud no discrimination in
the rates Of freight OF passengers Shall
be made BY this corporation, nor bv
any party or parties who may operate
Its line OF r.,llroI al or any part thereof.
against railroad corporations having
the right 70 connect with the railroad
ot tins company, but all passengers
AMI all freight coming from or 20 nv
10 snch connecting railroads, Shall be
uansported promptly and at the sam.
rates of toll and trrights charged by
Nali cooperation for transportation
commencing ana terminating on its
Own lnc ut railroad.
Section ~. For the purpose of rails
IN. means and funds 10 accomplish the
Objects and purppSrs OF this act, said
corporation is hereby authorized To
make and issue Il, bonds IN Such form
Hnd manner, and payable ut Such time
AN the director, mIr un lrr tn. cream
Stances Ircn advisable, lud It may -
cnrc the prinCtptl and interest OF salt
bonds 10y = mortgage of its rtDlroi
uul all ills anI~. u oprrty. r.fhf,.
privileges. aui franchises then pos
~rs1el, he'll ur owned, or thereafter
acquired IN SAID corporation. maia tn
sucn persons or trustees AMI iii Such
locn and manner aS Tie directors may
approve and prescribe.
Section II Sand corporation shall
erect ani m,Iut4ln substantial, lea.
and snili tlent fence, on each side OF the
lini taken vs. them FIR their raIroaI,
when tine same passes through enclosed
or improved IauIs, or land that may be
hereafter improved.
Section II. The corporation IS here.
- '"'' 'sted with power TO make con-
heci'o"N WIN any other railroad or
'a'do'''', am "h such terms ~ the
members may dcem cNpedlcnt and
proper a"d IL - hereby authorized TO
itasr lie ro1i either before or after 1t
ail1i' De completed, or 10 take lease
- any "ther ra'lroal connecting with
~ oh NucA terms ana tor such time as
the members at meeting regularly
called Tor that purpose shall deter
mine,
Section -. The annual meeting Of
thc members OF sald corporation shall
hc holden on such day rs shall be de-
ltfhlned ~ their hV-laws. and ut such
ume and place rs the directors for the
ti'hc being shall appoint. at which
meeting the directors shall be chosen
bE ballot. each proprietor by himself
or proxy, being entitled to as many
votes as he holds shares and the dl-
rcctorS are hereby authorized to call
special meetings of the stockholders
whenever they shall deem it expe,iient
and proper, giving sgch notice as the
corporation by their bylaws shall
direct.
Section IA. The corporation shall
be authorized to issue non-preferred
and preferred stock upon such terms
and conditions and 70 such persons and
corporations, and with such limitations
AMI restrictions as NAV he deemed
most for the interests Of the subscrib-
cra. the success Of the corporation.
ami the completion ana equipment Of
,he'road ana any cities in the counties
of Penobscot. Hancock and Washing
ton. and any towns situated in either
of said counties decming themselves
interested IN having sad railroad con
structed. or to be benefited thereby,
may subscribe 1T par value for any
amount Of either class OF said stock.
or loan their credit, or bo;h by vote
of two-thirls of the legal voters OF any
such city or town. present at any meet
ing legally called therefor, not to ex-
cced fifteen per cent Of the amount OF
the state valuation Of such city or
town. ana snch vote sha.i oe oo''9a-
tory on snch CITY or town Tor tne paw
ncht OF 'ne amount so suos''r'oed OF
'oa"e' ah'' sa'l cl'''S ah'' towns may