The Bloomfield times. [volume] (New Bloomfield, Pa.) 1867-187?, 1873-12-09
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money or property actually received and
all fictitious increase Of stock or debtedness
shall be void. The stock and indebtedness
of corporations shall not be- increased ex-s
cept in pursuance of general law, nor with
out the consent of the persons holding the
larger amount in value of the stock, first
obtained at ameeting to be held after sixty
days notice given in pursuance of law.
Sec. s. Municipal and other corpora
tions and individuals invested with the
privilege of taking private property for
public use shall make just compensation
for property taken, injured or destroyed by
the construction or enlargement of their
works, highways or improvements, which
compensation shall be paid or secured be-
fore such taking, injury or destruction.
The General Assembly is hereby prohibited
from depriying any person Of an appeal
from any preliminary assessment of dam
ages against any such corporations or indi-
viduals made by viewers or otherwise and
the amount Of such damages in all cases of
appeal shall on the demand of either party
be determined by a jury according to the
course of the common law. i+i
Sec. o.. Every banking law shall pro-
vide for the registry and countersigning,
by an officer of the State, of all notes or
bills designed for circulation, and that
ample security to the full amount thereof
shall be deposited with the Auditor Gener-
al for the redemption of such notes or
bills.
Sec. 10. The General Assembly shall
have the power to alter, revoke or annul
any charter of incorporation now existing
and revocable at the adoption of this Com
stitution, or any that may hereafter be Gre
ated, whenever in their opinion it may be
injurious to the citizens of this Common
wealth, in such manner, however, that no
injustice shall be done to the corporators.
No law hereafter enacted shall create, re-
new or extend the charter of more than
one corporation.
Sec. IL. No corporate body to possess
banking and discounting privileges shall be
created or organized in pursuance of any
law without three months previous public
notice, at the place of the intended loca-
tion, of the intention to apply for such
privileges, in such manner as shall be pre-
scribed by law, nor shall charter for such
privilege be granted for longer period
than twenty years. -in i".
Sec. 10. Any association or corporation
organized for the purpose, or any individ-
ual, shall have the right to construct and
maintain lines of telegraph within this
State, and to connect the same with other
lines, and the General Assembly shall, by
general law of uniform operation, provide
reasonable regulations to give full effect to
this section. No telegraph company shall
consolidate with, or hold controlling in
terest in the stock or bonds of any other
telegraph company owing a competing line,
or acquire, by purchase, any other COM
peting line of telegraph. ''4"'
Sec. 10. The term corporations, as
\ n. q - 4
include all joint stock companies or associ-
ations having any of the powers or priv
ileges of corporations not possessed by in
dividuals or partnerships.
ARTICLE XVII.
Rdilrodds and Canals. '''a
Section L. All railroads and canals shall
be public highways, and all railroad and
canal companies shall be common carriers.
Any association or corporation organized
for the purpose shall have the right to con-
struct and operate railroad between any
points within this State, and to connect at
the State line with railroads of other States.
Every railroad company shall have the
right with its road to intersect, connect
with or cross any other railroad and shall
receive and transport each the others pas
sengers, tonnage, and cars loaded or empty,
without delay or discrimination.
Sec. 2. Every Railroad and canal cor
poration organized in this State shall main
tain an Office therein where transfers of it's
stock shall be made, and where its books
shall be kept for inspection by any stock
holder or creditor of such corporation in
which shall be recorded the amount of cap
ital stock subscribed or paid in, and by
whom, the names of the owners of its
stock and the amounts owned by them,
respectively, the transfers of said stock,
and the names and places of residence of
its officers. ln I1
Sec. 8. All individuals, associations and
corporations shall have equal right to have
persons and property transported over rail-
roads and canals, and no undue or unrea-
sonable discrimination shall be made in
charges for, or in facilities for, transporta-
tion of freight or passengers within the
State, or coming from or going to any
other State. Persons and property trans
ported over any railroad shall be delivered
at any station at charges not exceeding the
charges for transportation of persons and
property Of the same class in the same di-
rection to any more distant station but
excursion and Communication tickets may be
issued at special rates. - ......
Sec. A. No railroad, canal or other cor
poration, or the lessees, purchasers or man
ayers of any railroad or canal corporation,
shall consolidate the stock, property or
franchises of, or in any way control any
other railroad or canal corporation owning
or having under its control parallel or
competing line nor shall any officer of
such railroad or canal corporation act as an
officer of any other railroad or canal corpo-
ration owning or having the control Of a
parallel or competing line and the ques-
tion whether railroads or canals are paral-
lei or competing lines shall, when demand
ed by the party complainant, be decided by