Savannah morning news. [volume] (Savannah) 1868-1887, 1886-12-17
OTfriai.
Notice..

CITY oFSAvANNAH.


OF the city of Savannah, in Council assem-
bled:
The petition of John IL. Estill. Edward Nc
lntyre, George j. Baldwin, Thomas p. Rave
mel. Frank ID. BlOodworth, Lee Roy Myers,
Daniel X. Thomas, Frederick A. Jones, Albert
>. Nichols, Oh III. Dorsett, William G.
Cooper, Alexander X. Lawton. Jr., Moses j..
Solom0us, Horace p. Smart. John G. Row
land. William +. Chaplin, William Garrard.
Frank w. Dasher. John Ii. Hunter, Daniel B.
Lester Philip ID. Daflin. Alexander X. Law
ton, Henry G. Cunningham ana Frank c.,
Battey shows that they are about to apply to
the General Assembly for a charter for the
savannah Street railway, a corporation pro-
Jected for the purpose of running a street
railway IN and through the streets of the city
of Savannah.
To that end they have prepared for intro,
ductlon into the General Assembly q bill to-
grant such charter, copy OF which 10 here
to attached.
Petitioners pray that your honorable body
VIII, PRIOR to the Introduction of the bill.s
give your official consent to the granting OK
the authority therein conferred.
ALEX, II. LAYTON, JR.,
For self and others.
Bill to he entitled ian act to incorporate
the savannah Street railway"
SECTION !. BE 1t enacted by the General
Assembly OF the State of Georgia. That from
ana after the passage of this act that John H.
Estlll, Edward Mcintyre, George J. Baldwin.
ihomas Ravenel Frank ID Boodworth,
Lee Roy Myers, Daniel X. Thomas, Frederick
\. Jones, Albert S. Nichols. Charles II. Dor
set, William G. Cooper, Alexander X. Law
ton, Jr., Moses j. Soomons, Horace z. Smart.
John G. Rowland, William +. Chaplin, Wm,l
Garrard. Frank w. Dasher. John II. Hunters
Daniel b. Lester. Philip ID. Daffin. Alexander
LRwton. Henry q. Cunningham, Frank c.
Batley, and such others as they may associate
with ttem. their successors and assigns. be-
and they are hereby declared n body politic1
ana corporate. under the name and style OF
the savannah street railway.
SIC. III. BE IL further enacted, That saidi
corporation by said name shall have continue
Gus succession and in that name shall be able
To sue and be sued, to plead and be impleaded
IN any court OF law or equity; may have ana
use common seal and the same alter, renew
and destroy at pleasure; and make. alter and
repeal SUCH bylaws governing It's own menu
bers, officers, attorneys, agents, employees
and persons dealing or having business with
IL AS 1t considers proper; it may issue bonds
at such times and in such amounts as it may
determine, aud II may acquire, purchase, ac-l
cept, hold and enjoy, or convey any property,
real. personal or mixed. that may be neces-
sary and profitable for the purposes herein
after set forth or which they may acquire In
the progress of their business; 1t shall have
power TO fix the rates OF toll for the carriage
OF persons and property and TO collect the
same; and said Savannah Street railway
shall have all the powers, facilities rights and
franchises necessary to successfully accom-
plish and carry on the objects Of its corpora
| ton.
SEC. III. BE it further enacted, That said
company shall have power to survey,
| lay out, construct, equip, use and
| employ the following line of street rail-
roads in the city of Savannah, Georgia, as
| follows, tO-wit: Beginning at point ON or
near the wharves of the Ocean Steamships
Company OF Savannah, and running along
| any street west OF the canal Of the Savannah
and Ogcechee Canal Company, aRd across
SAID canal, thence through Indian street or
some other street to West Broad street,
| thence through or across West Broad street to
| Bay or River street, and thence by Bay or River
street, or both, to East Brond street, thence up
| East Broad street to such street south OF
| Liberty street as may be selected, and thence
| by such street to Habersham street or such
| Otner street as may be selected and thence by
| such street to the southern limits of the city,
| or to any street near the same, and thence
along such street as may be selected Co Mont
| gOmery street, and thence along Montgomery
| street TO Liberty street, and thence along
Liberty street TO West Broad street. and
thence from Liberty street down West Broad
street to the point where such railway crossea
West Broad street; with power also 10 run
from point at or near the intersection oh
Bay or River streets and East Broad street by
| such route as may be hereafter selected, "a
| any point on or near the Savannah, Fiorida
and Western Railway Company's wharves.
SIC. ~. Be 1t further enacted, That said
corporation shall also have power and aul
th0rity from time TO time TO survey. lay out.
construct, equip, use and enjoy such otheR
routes or lines OF street railroad In the city OF
Savannah as IL may deem BEST in addition tn
that or those specially named in this act.
whenever 1t deems it 10 Its interests 80 to do 4
but before said corporation shall begin work.
upon anT other and further line or route OF
street railroad within the city of Savannah. ID
shall first obtain the assent Of the corporate
authorities OF said city to the same.
SEC. V. Be IL further enacted, That the
capital stock OF said corporation shall be ten
thousand dollars, which may be increased to
any amount, not xceeding one hundred thou.
sand dollars, should the business OF the CONF
pany require 1t, but said corporation may or-
ganize and commence business whenever the
cum of five thousand dollars has been sub,
scribed. Books of subscription to the capitaf
stock of said corporation may be opened I'M.
der the superintendent OF the persons n amedI
In the fret section Of this Ac5, or any nine or
them, and the capital stock of said CORPORAL
ton shall be divided into shares OF one hun :
bred dollars each, and all subscriptions shalh
be paid In cash. or that which may be deemed
its equivalent in such installments az called
for by the board OF directors. Said persons
named, or any nine of them. shall act as a.
board of directors until said corporation is
organized, which shall be done within thirty
days after the requisite subscriptions are OBJ
tanned.
SEC. vi. Be it further enacted. That am
corporate powers of said company shall be-
vested in and exercised by a board OF direc-l
tors, one of whom may be President, and such
Officers ana agents sou,a as sad board
consist OF nine members who shall be-
stockholders in said company, thel
first board of directors to be elected at such
time and In such manner rs the corporators.
or q majority OF them. may determine. and,
annually thereafter by the stockholders OF
the com pany. Said directors shall hold their
Offices until their successors are elected and
qualified and Ill vacancies in their own num-
bers. In all elections each share of one hum
dred dollars shall be entitled 10 one vote, and
said shares shall be issued and transferable,
in such manner as the board of directors NAV
determine. Said board OF directors may also
adopt such constitution, bylaws, rules and
regulations for the management of the COM
pany and its business as are not Inconsistent
with the laws Of this State and the United
States.
SEC. VII. Be il further enacted, That said
and over their line either passengers or
freight, or both, as the public wants ana its
interests may require. and said company shall
have exclusive right OF laying out, construct
Ing. equipping or using q street railroad upon
any Of the streets herein named for the term
OF twenty-five years; Provided, that all the
powers granted by this act shall cease unless
said company shall. within I've years froms
the passage OF this act, begin the Construction,
of said street railway and proceed bona hdol
in Its construction.
SEC. VIII. This charter. unless forfeited
as prescribed IN the preceding section, shalf
continue for the term OF fifty years with the
privilege OF renewal at the end Of that time.
and u Is granted after the Mayor and Council
OF the city OF Savannah have given their con-
sent TO the granting of the authority herein
conferred, said consent being evidenced by a
certified copy of the action OF said Mayor and
Council, exhibited in both branches OF tho
Legislature before the passage of this Act.
SEQ. TX. Be IL further enacted, That said
corporation shall have power and authority
to connect with. TO purchase, acquire by lease