Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1874-12-11

cles of association and shall manage Its affairs 70
the first year and until others chosen in thoi
places; provided, however. that in the final loca
ton of sIch railroad any necessary or reasonab,
variation or change of line may be made, although
by such chang variation the line may pass int
town or towns, a city not namediin the articles o.
association, or not touch pass through some o.
those named in such articles, while the general
route and direction and the terminal points men.
toned are observed and the description of route
made on any preliminary survey for such railroad,
! notwi outstanding such necessary and reasonable
change of line in the final location shall be deemed
a sufficient compliance with this act and such
change or variation Of line shall in wise invai-
| date the articles Of association of any company
formed under this act fer the construction of such
railroad And such change and variation in the
line may be made at the option OF such company,
unless the same shall violate the condition con-
dtions Of the vote Of any town or city, OF some
subscription to render aid in the construction o.
such railroad in which case the assent of such
town or OF the party making such condition sub
scnptlon shall be first had and obtained and the
route, changed shall be filed with the Secretary
Ot state as an amendment Of the original arti-
cles % association filed in his Office. Each sub
scrlber TO such articles OF association shall sub
scribe thereto his name, place Of residence and
numbero OF shares Of stock lie agrees to take in said
company, but no subscriber shall be bound to paw
Deyoad ten per centum OF the amount Of his sub
scrption until corporation is duly established I'M
ger the provisions Of this act On compliance with
The provisions OF section two Of this act said arti
clts OF association may be filed in the Office of the
Secretary Of State, who shall endorse thereon the
DAY when the same was so filed, and shall record
the same in book TO be provided and kept by him
IN his office for that purpose and thereupon the
persons VINO have 50 subscribed such articles Of
SOeiatlol, and all persons who shall become stock
ho-uers IN such company, shall he a corporation in
iact and IN name, by the name specified In such ar
tc4es OF association, which name shall be one not
N use by any other railroad corporation in this |
state ana as such shall have power to have sue
eess-"a by such corporate name for the period lin
seu sueii articles OF association, or perpetualy
a no PERIOD Is limited IN such articles; 10 and
De sued, complain and defend in any court Of law
OF equity 10 make and use a common seal, and al
rel .he anne at pleasure to lay out, construct and
MAINTAIN Tor public use in the conveyance OF per
sons ana property, 4 railroad on the line or route
es -nated or defined in such articles ofass1ciation
~ M, ho.I' purchase use and convey such real
iiii personal estate as may he necessary, for the
obstruction, maintenance aud accommodations OF
'u-i ldiIIoad and the stat0ns3 and other accom-
n IONS necessary 10 accomplish the objects of
ne. me lrporation, as the purposes Of the cor
''ldtlvA sAi4I require, not exceeding the amount.
o any hA+ch may be limited in such articles ofas- .
.v al.oh OF bylaws to take and convey persons
M PlppefY on such railroad by the power or ! +,
'lce o. steam or OF animals, or by any mechanical
'""ef' anu To receive compensation therefor sub J.
~ u, ~ re-tiA IONS as are or may be provided !
= IL" 70 erect and ma ntain al. necessary and +
D. eAt buildings, stations, fixtures aud ma -
heiy .pt me acco citation and use Of the pass
iI'' .ieShts amt business on or such rail d,
80 tyIe-ulate The tine and manner in which "a
4" Idsse -eTs anu property tshai he nsported Il
Il '-e i"-ii'dH suiJeetto any regulations which !.
re or may hc provided by law; h. appoint such "
l'l4u Late 'lhctrs and agents the business of
ie ip"-atiou slall require and u allow them a
l-ianle compensation and make bylaws no! IN
n'.steL' " Ia any existing law, Tor the manage
~. w. We property e.. the corporation, the re zu-
Won 90 . aiiiTs, and the transfer OF its sock
ll !ui an purposes shall be deemed To he ra, %
az company or corporation. duly Incorporated e.
-ei ie au' h9rty ci tli- State. AMI as such shall y
- nave al the powers, rights. iraucn SEES and Al
-Fi4e-e7 -iantel 70 or vested railroad coi- e.
ll''' Ni Ip'Iatun5 by chapter twenty -ht u! 90
-eHefa- -iAtutes, and auy act acts passed or .e
.e lA'-ei in addition thereto or in amendment u
e!ea anu snail De subject to all the dutles lia-
nue. "nd PROVISIONS cOntane IN said ella ipter or
any "a" oi tbs State, which m1y affect or be ap-
cable 20 "a road companies OF Corporations
Approved November is, 1871. N