Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1876-03-14
Chapter I2O.
AN ACr 70 authorize the Formation Of Railroad

AN ACT 20 authorize the J FORMATION OF tSAHoAN
CORPORA ions.
Be a esacted &c. a. follow:
SE.r ]. ANY number OF persons not less than
ten \ majority OF whom shall be citizens Of this
tate NAV form a company Tor the purpose OF con-
structirg. maintaining and Operating railroad Tor
public uSe 10 the conveyance % persons and property
within This state. and tor that purpo~e may aske
and ,gn articles OF association In which shall De stat
"a the maine OF the company, the guage OF The road
the Mace from which aud a. which the road ! 70 o,
constructed. maintained and oIsrata- The length o.
snch mad A. near ~ may b.. aud the name OF each
town aud county Ia This state through which or INTO
which % j. o D. made; The amount 81 the capital
,tock OF The company, which shall not b. les than
ak thous nd dollars for every mile Of road proposed
10 De- constructed OF the gsUge oi four icet eight ana
= hall iuches, lees Than three thousand dollars
per mile tor any narrower guage, and the number OF
shars Of which aid capital stock shall consist. and
the names and places 81 residence 81 AZ least I'VE
percons m, jority OF whom shall - citizens OF THIS
tat Who -hai act ~ dir-ctorS "a the proposed
c-mpauy and shall manage ~ Affairs until Others
are chosen in their place. Zach subscriber 10 sueh
articles If association shall subscribe tefete nj
name place Of residence. and the nun Der o shares
OF stock be agrees % take IN s2id COMPANY
SFCr . said articles OF assoc alton shall not De
filed and recorded Ia tae manner provided IN section
thvs. ~ mi. act until the capital stock named in
section one has been subscribed thereto, IN good
faith hs responsible parties. and ave per cent paid
thereon cash 10 the directors named IN said art-
es Of association nor until there Is endorsed there
on or annexed thereto, AFFIDAVIT made oy ma
iority of the directors named IN said articles, tAat
The amount OF stock required oy THIS section mas
been la good aIgh subscribed, aud i've pr cent paid
thereon cash a. Aforesaid and that u i INTENDED
In good faith % construct maintain and operate me
mad mentioned in such srcles Of association, which
AFFIDAVIT shall Dc recorded with the articles OF asso-
citation a. aforesaid.
ton Of the hoard OF railroad commissioners that all
the provisions OF sections one aud Two 81 TINS act
have been complied with. sid board shall endorse
npon the articles Of association certificate Of such
slef and the approval OF the board in writing The
secretary Of state shall, upon the payment Of the
sum OF twenty dollars 20 the use Of the state, cause
the With the endorsement theres 10 e record
"a and shall issue certificate In the following form;
STATE Oh MAINE
Beft known that, whereas, there the names OF the
subcr brs 20 the articles Of association % be Insert
ed have associated themselves together with the IN
ten ion Of forming a corporation under the name o.
there the name Of the corporation shall be iuserted)
Tor the purpose of building and Operating railroad
between there insert the description OF te road CON
aimed In the articles OF assoc stiOnl and have CON-
ped with the statutes OF this state IN such cases
made and provided Now, therefore, l. here the
OF the secretary TO De inserted cretSsy oi we
state of NAine do hereby certify that said names
Of subscrie~i their associates aud SUCCESSORS, are
legally Organized aud established A. an existing cor
porstOn under the name OF name OF eorP"rsuonl
with the powers rigits and privileges, and subject
10 the limitations duties and restrictions, which BY
law apperiain thereto. Witness my ofheial sigma
tare hersuno subscribed and the seal OF the Sta'e
of Maine hereuBtO affiNed. this----day Oh
IN the year of Lord day, month and year insert
ed The secretary Of state shall sgn the same ana
cause the seal OF the state to be thereto affixed and
snch cor,sfca,e shall BE- conclusive evidence OF the
organization and estsb ishment OF such corporation
al th,. date OF such certificate. The secretary shsh
also cause A record of su-h certificate 20 be maze.
and a copy OF such record duly certified may with
like effect as the original certificate De given IN eN-
dence TO prove the existence OF such corporation.
SrC-r A. The first meeting for the ParPcse OF or
rauizine such corporation. shall be csiiec oy no.
tice signed by i've OF more OF the suoscroers 20
snch articles Of association stating the time, pur-
nose ana place OF such meeting copy OF which no
ca shall seven DAYS At least before TIE day appoint
ed for such meeting be given TO eacn saoserioer OF
len Al his usns place cf business OF place OF resi-
iepce or deposited in the post Office post paid, and
addressed "a him AZ his usual place OF business or
residence: and whoever gives such notice, shall make