Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1882-04-19
TPubIfshed April B. 1891

revised statutes entitled of railroads.
The people of the state of Wisconsin, represented
in senate and assembly, do enact as follows:
Section l. Section 1888 of chapter 81 of the revised
statutes, entitled .sof railroads." as amended by
chapter 260 of the laws of $780, is hereby amended
by striking therefrom the WORDS: "Any railroad
corporation whose line is wholly within this state
may lease purchase the railroad, franchises i'm
munties and all other property and appurtenances
thereof. of any other railroad corporation, when
their respective railroads be lawfully connected
and operated together to constitute continuous
main line with or without branches. But no rail-
road corporation shall consolidate with, lease
purchase, or in any way become owner of control
any other railroad corporation any stock, fran
chises rights or property thereof, which
controls parallel competing line, to be deter
mined by jury" and inserting in lieu thereof the
folow1ng Any railroad corporation organized and
existing under the laws of this state may lease
purchase the railroad, franchises. jmmTnities and
all other property and appurtenances and the stock
or bonds thereof of any other railroad corporation
or any portion thereof, within without this state,
when their respective railroads be lawfully
nected and operated together to constitute
tnuous main line, when the roads SO purchased
Will constitute branches or feeders of the roads
maintained and operated by such purchasing cor
poraton. And any railroad corporation organized
under the laws of this state may purchase and hold
the stock bonds of any railway company to which
it has furnished the money for the constructor of
It's railway, or may purchase for the money Sc Sur
nished or for such other consideration as may be
agreed upon between the companies, ar-tr nike a
conveyance of the whole any portion ~ She fran
chses OF said corporation, of the railway prop
chaseF and conveyances heretofore made by any rail-
way company of this state, which authorized by
3a1s act, are hereby legazed, ratified and confirmed.
But no railroad corporation shall consolidate with,
or lease, or purchase, or in any way become owner
of contIo any other railroad corporation o. any
stock, franchises, rights property thereof, watch
owns or controls parallel and competing line, 60 De
determined by jury, that said section 1888 shall
when so amended read as follows: Section 1882 Any
railroad corporation may consolidate it's stock fran
chises and property with any other railroad
porauon, whether within or without the state,
when their respective railroads can be law
fully connected and operated together to
constitute continuous main line with
or without branches, upon such terms as
may be agreed upon; and become one corporation by
any name selected which within this state shall pos
sess all the powers, franchises and mmunities, in
Guiding the right of further consultations with
other corporations under this section, and be sub
Ject to all the liabilities and restrictions of this chap
ter and such in addition, including land grants and
exemptions of land from taxation, as such corpora
tons peculiarly possessed or were subject to at the
time OF consolidation amalgamation by the laws
then in force applicable to them or either of them.
Articles stating the terms of consolidation shall b!
approved by each corporation by vote of the stock
holders owning majority of the stock, in person or
by proxy, at either regular annual meeting thereof,
or special meeting called for that purpose in tine
prescribed in section 1926 or by the consent
in writing of such stockholders annexed to such ar
tces and copy thereof with a copy of the records
of such approval or such consent, and accompanied
by lists of their stockholders and the number of
shares held by each, duly certified by their respective
presidents and secretaries with the respective
porate seals affixed of such corporations, shall be
filed fer record in the Office of the secretary OF state
before any such consolidation shall have any validity
or effect Any railroad corporation organized and
existing under the laws of this state may lease or
purchase the railroad, franchises, immunities and all
other property and appurtenances and the stock or
bonds thereof OF any other railroad corporation or
any portion thereof, within without this state,
when their respective railroads be lawfully con-
nected and operated together to constitute one con-
hnuous main line, or when the road SO purchased
will constitute branches feeders of the roads
maintained and operated by such purchasing corpor-
alton And any railroad corporation organized
under the laws of this state purchase and hold
the stock or bonds CT any railway company to which
1t has furnished the money for the construction of
its railway, or may purchase for the money so fur
nished, or for such other consideration as may be
agreed upon between the companies and take con-
veyance OF the whole or any portion of the fran
chises of said corporation and of the railway prop
erty and appurtenances thereof, and all acts, pur-
chases and conveyances heretofore made by any
railway company of this state which authorized
by this act hereby legalized, ratified and con-
hrmed. But no railroad corporation shall consoli-
date with, or lease or purchase or in any way be-
come owner of or control any other railroad corpora
ton, or any stock, franchises, rights or property
thereof which owns or controls parallel and COM
peting Line, to be determined by jury
Section 2. This act shall take effect and be in force
from and after its passage and publication.
Approved March 29, 1882
Published April 7, 1891
CHAPTER los.
AN ACT to authorize towns, cities and villages 70
purchase and hold certain bridges or interests
therein.
T he people of the state Of Wisconsin represented
in senate and assembly, do enact as follows:
Section l. 1t shall be lawful for any town towns
in this state to purchase and hold either in sever
atty or in common, any bridge or bridges, and the
approaches thereto, any interest in such bridges
aud approaches, that are or may be legally erected
over any stream river which divides forms the
boundary line between two more towns. And it
shall be lawful for any city village situated in the
same county with any town or towns making such
purchase, in adjoining county, to unite
with the samein purchasing or holding such bridge
or bridges in common with said town towns.
Section 2. No town shall in any manner make such
purchase until the question of making the same
shall have been duly submitted to an annual town
meeting OF said town, or at special town meeting
called in the manner now provided by law, and
majority of the electors of such town voting at such
meeting shall have voted by ballot in favor OF MAX
ing such purchase In taking such vote the electors
voting for such purchase shall vote separate ballot
containing the Words " For the purchase of bridge"
and those voting against the shall vote ballot
containing the words: against the purchase of
bridge" And no city or village shall join unite
with such town or towns ia making any such pur-
chase until the question of so doing shall have been
submitted TO the electors OF sueh city or village IN
manner substantially similar to that herein provided
for submitting such question to the charter act
by which such city village incorporated for
submitting other questions to said electors.
Section 3. When any town shall have legally voted
in favor of purchasing such bridge bridges or
any interest therein, the town board of such town
shall have power to make and execdte all necessary
contracts and papers relative to such purchase and
shall have the care, control and management of the
same when purchased; and the common council of
any city, and the board of trustees of any village,
shall, under like circumstances, have a similar
power.
Section 4. The qualified electors of any such town
shall have pc yer, at any annual town meeting, at
peculiarly called special town meeting, vote to
raise money sufficient for said purchase, or to
suthorize the town board to issue and negotiate
bonds for the purpose of paying for the same; and
any city or village joining in such purchase shall
have like power to raise money or issue and nego-
tate bonds to pay for the same.
Section 8. All acts parts of acts inconsistent
conflicting with this act are hereby repealed.
Section g. This act shall take effect and be in force
from and after its passage and publication.
Approved March Is. 1882.
Published April 7, 1891
CHAPTER 1913.
AN ACT in relation to the trust fund therein
named.
The people of the state Of Wisconsin, represented in
senate and assembly, do enact as follows:
Section l. There is hereby appropriated to the cor
poration corporations which shall have received
patents from the state for any lands granted by con-
gress by acts of June g. 1856, and May 5, 1864 lying
north of the St. Croix River lake, ali moneys re-
ceived into the state treasury belonging to what is
known the St. CFoix trespass fund, collected from
trespassers upon, land embraced in the patents to
said corporations respectively less each such
poraton's equitable proportion, for the lands so
tod 11o.n os~,a1 lak1~