Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1873-04-02
.lnofher Dam. Boom BtSl.
MONOPOLY.

"'sVo w ulOhvPob1V ""N "o'oAS euo
FREQ trade channel Of the West Branch,
and have the stream dedicated to a
number of individuals for their own
personal profit, to the great detriment
of tho many. If tho Legislature
passes the bill found below, it will be
as difficult TO get raft Of timber or
boards to the eastern market as for a
shad to gain tho head waters of the
stream. With n few moro dams and
booms In tho stream, raftmen will bo
compelled to abandon their business,
because Of the hazard that must be
encountered and the tolls that will be
imposed on every thousand feet of
lumber. Tho embargo already i'm.
posed on the trade, by tho Susque.
hanna Boom Company, is enough to
open tho eyes of all who desire to see
business conducted in a business way,
without advocating tho anaconda bill.
found below. We hope all will read
this bill, especially the 9th section.
SECTION l. Be it enacted, de-, That
Edgar Munson, Henry James, John
White, John Du Bois, Garret Tinsman,
Mahlon Fisher, Ezra Garfield, William
Emery, s. d. Barrous, d. NJ. Peck,
Henry Brown, W. II. Armstrong, +.
Coleman, Samuel Linn, J. P. Finley,
Matthias Eder, Samuel Filbert, James
Wilson, N. Shaw, A. G. Noyes, p. b.
Merrill, A. G. Hopkins, VIM. A. Simp-
son, Wheeler Shaw, Dudley Blanchard,
John Mason, Edmund Blanchard, Iii.
ram Woodward, l.. Taber, William P.
Humes, S. NJ. Rockford, John r. Bond,
G. b. Howard, Hiram Merrlman, Chas.
Blanchard, G. +. Ranstcad, James b.
Graham, Joathan Boynton, A. Par
dee, Silas Y. Billings, q. II. Lytle, J.
Blake Walters, Patrick Flynn, +. A.
Irwin, Peter Herdic, Geo. Trul!ingcr,
Aaron Patchin, John Patton, B. IL.
Taylor, |. P. Merritt, S. N. Williams,
Samuel Christ, George W. Quinn, and
such as may associate with them by
subscribing to the stock hereinafter
named, and their successors, be and
they are hereby created a body cor
porato and polite, in decd and in law,
by tho name, style and title of tho
West Branch Improvement and Log
Driving Company, and by that name
shall have perpetual succession, shall
be able in law TO sue and be sued, i'm
plead and be impleadcd, may have q
common seal, and may alter and break
the same at pleasure, shall be compe-
tent to make bylaws and regulations
for the government of the affairs Of
the corporation, and generally shall
have power to do and perform all those
acts that are usual, necessary and
proper TO the efficient management
and well being OF the corporation here
by created.
SEC. 2. That said corporation shall
have power and are hereby author
lied to clear out, improve and use all
and every part of the West Branch of
the Susquehanna river in the counties
Of Clinton, Centre, Clearfcld, Cambria
aud Lycoming, from the foot Of Cranes
island in the West Branch of the Sus-
quehanna river. And they shall have
the right TO erect and maintain dams
in such manner and at such points as
they may deem proper, and shalt and
may use all and each of said dams
and the waters of said stream in the
floating Of saw logs down the same,
and generally shall and may have tho
right to straighten, deepen, crib and
widen the channel Of tho stream aforc-
said, in such manner as they shall see
tit, for the purposes aforesaid. Pro.
uided, That no injury shall be thereby
done TO private property outside OF
tho limits Of the stream Aforesaid
and prorided, That the said company
shall erect and maintain such schutes
us will admit Of the safe passage Of
RATS.
SEC. 0. That the capital stock Of
said corporation shall be one hundred
thousand dollars, divided into two
thousand shares Of fifty dollars each,
with the privilege of increasing the
same to five hundred thousand dollars,
and the persons named in the first
section Of this act, or q majority of
them, shall organize the said corpora
ton by opening books for the receiv-
ing of subscriptions, at the rooms Of
the West Branch Lumbcrman's Ex-
change, in tho city of Williamsport,
on the first Monday of April, one
thousand eight hundred and seventy
three, and there and then, after ma
jority of the stock shall have been sub
scribed the stockholders shall proceed
to elect board of five directors TO
manage the affairs of said company,
one OF whom shall be the president OF
the company, and election Of directors
OF the company shall take place annu-
ally at the samo place, on tho first
Monday Of June, and each share OF
stock shall be entitled to one vote in
said election, and if it shall happen
that from any cause the annual day
Of election shall pass without an clec.
ton being held, the directors then in
Office shall remain such until their
successors be elected and qualified
Provided, That all the lumbermen own
ing timber lands shall have the right
TO take stock in proportion TO .hc
amount of lands or timber so held or
owned by them, and shall be offered
TO them before being disposed of to
others.
Src. 4. The capital stock aforesaid
shall be used in improving the stream
aforesaid and in paying the expenses
incurred in purchasing and building
dams and in improving the navigation
of tho stream, and the directors are
authorized 10 call in the stock in such
manner and proportions us they may
by tho bylaws provide.
| SEC. s. That for tho purpose Of 10.
eating said dams and of improving the
bed Of the stream, the company are