Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-04-24

ticles OF association and the laws OF TINS state
tested with the great seal and signed by the COVER
M si a 81 e < Ma q I
in the year one thousand eight hundred and ::
Secretary of State.
1q 5s s St Of sn ss
and assigns constitute body potic and corporate
sn Subject to the apr int M
Section Such CORPORATION may sue and be sued
pleasure; may elect in such manner as they shall
determine, all necessary officers; may fl their COM
pensaton, and define their duties; may ordaiE and
exabish bylaws, and alter and repeal the same;
and 3
in fee, or otherwise such property real or person
al as shall lie necessaryin executing the purposes
section 5. After the issuing Of such patent. any
corporation Of the time and place Of such meeting;
# ali the corporators Shall he present. at the first
eeng in or by icy Until
named in the patent shall be directors of the cor
poration.
Section s. The stock property, affairs and baI y
and shall be managed BY net less than three direct
ors who shall be chosen BY the stockholders annu.
Years. IN which case one N third Of tho number SHAH
be annually elected Each stakeholder shall have
each director shall Continue in ONCE until his sue
shall be elected Sc Of the resg
vacancy created shall be filed by the remaining
Section T. The directors shall choose one Of their
number president and he and the other officers
shall hold their offices one year. and until ther sue
Section s. The corporation shall not be dissolved
ing, but such election may be held at any time
thereafter by giving such notice as may be requir
Section 9: The stockholders may enact such by
laws for the control OF the board OF DIRECTORS as
at s TAP nd Of be
A majority con-
stitute quorum for the transaction OF business
ers Of ar Of the STOCK may cali meeting
Of the stockholders by giving them ten days notice
manner sns 9Sss may sprp su'
10 no The se ST Sc
stallments In such proportion and such times as
thereof after such period Of time as the By laws
may prescribe, by suit in the name OF the corpora
staliments shall be payable: after sixty days no
tice of such intended forfeiture to such delinquent
Section II. Such corporation may sell. convey,
assign mortgage. or otherwise transfer their prop
Section = Such corporation may at any meeting
tilted thereof and with the = recurrence Of the own
ers OF two-thrds OF all the sock then outstandlng
amount of its capital stock change its name ex-
tend or change the line of its road or shorten the
secretary Of such corporation to make acertifcate
over their signatures and the corporate seal duiiy
which it is adopted and to cause such certificate to
state : and f shall Be duty Of
ernor and the secretary of state Ii 1t appears from
ton have been complied with. to issue to such cor
poraion a new patent, substantially in the form
ment and referring to the articles SO amended. Up
sh the Of scf fhs
powers comprised within the articles OF assoeia-
ton thus amended
IS Section 49, Any municipal corporation within
it shall deem proper OF any street streets within
s o suo o ID adj
on to any street railway company, organized under
ing and maintaining single or double track Of iron
rail- and running cars thereon along and upon such
and maintain in, along and upon any such street or
streets, single double track with all necessary
styles Of constructing street railways of the first
co o eh sv ra any m m
by the Common council Of such municipal corpora
impose, and with such provisions as may be neces-
sary reasonably secure the objects such grant
cept in cases when the municipal Corporation shall
expressly grant the right to use steamas motive
Section IA. Any street railway company which
M chem ga 1nar M Of this
pose of constructing. street railroad within the
thorized to construct. maintain and operate such
road according to the terms and conditions OF the
granted to it by such municipal corpor alton and is
hereby authorized to extend such railroad to any
ton. and to enable any such street railroad compa-
ny to construct and extend its road into any towr
adjoining such municipal cOrporatiOn such stree
railway company is hereby authorized with tn
town, to lay down and maintain the track of 1t
railway In, upon, over and along any common high
way in such adjoining town; but such railwa,
manner as not to obstruct the common travel of til
public over the same.
Section Is. Any street railroad company whic,
may be constructed under the provisions OF thi
act shall be constructed upon the most approve
plan for the construction Of city railroads.
shall be as often as the convenience of pasSen
gers shall require, with due reference to the pecu
mary profits OF carrying them and shall be SIlbjet
such reasonable rules and regulations In respec
such railroad shall be constructed may from tim
to time. by ordinances, prescribe. and to the pay
ment OF such license fee to the city, in which Sucl
road may be constructed, for each and every ca
council OF such city
Section IT, Any grant or grants heretofore made
by any municipal corporation (and not yet repeal
ed or rescinded). or which may be hereafter made
Of the use Of any street or streets therein to any
street railroad company hereafter organized or
which may be hereafter organized, for the purpose
street railroad, are hereby declared valid and bind-
ing upon such municipal corporation and ali obIi-
cations imposed by the terms of such grant or
grants upon any such street railway company, or,
ny them assumed as condition, or in considera-t
grants be accepted by such company, be, i'll like
manner. fully binding upon such company.
section ~ Any company heretofore incorporat-
constructing or maintaining and operating street
railroad shall be entitled all the privileges and
powers conferred by this act upon such corpora
ton.
Section 10. This act shall be in force from and
after Its passage and publication
Approved March " 1873.