Savannah morning news. [volume] (Savannah) 1868-1887, 1886-12-08
Special Notirra.
Notice.
CITY OF SAVANNAH.
nv InrrNcrI Dec z. 1870

The petition of John II. Estill, Edward Nc
Intyre. George j. Baldwin, Thomas p. Rave
rel Frank o. Bloodworth, Lee Roy Myers,
Daniel K. Thorn as, Frederick A. Jones. Albert
S. Nichols. Charles II. Dorset, William g.
Cooper, Alexander r. LawtOn. Ir., Moses j.
solomOns, Horace p. Smart. John c. Row
iahd. William F. Chaplin, william Garrar3'
Frank w. Dasher John II. Hunter, Daniel b.
Lester, Philip ID. Datlin, Alexander K. Law
ton, Henry C. Cunningham anG Frank Z.
Battey shows that they are about TO apply to
the General Assembly for charter for the
savannah Street railway. a corporation pro
jected for the purpose OF running street
rail way IN and through the streets Of the city
OF Savannah.
To that ED they have prepared for intro
duction into the General Assembly a bill to
grant such charter. copy OF which is here
to attached.
Petitioners pray that your honorable body
VIII, prior TO the introduction of the bill.
give your official consent to the granting Of
the authority therein conferred.
ALEX, r. LAWTON, JR.,
For self and others.
Bill to be entitled ian act to incorporate
the savannah Street railway"
SECTION |. Be it enacted by the General
Assembly of the State of Georgia. That from
and after the passage of this act that John II.
Estlll, Edward Mcintyre, George j. Baldwin,
Thomas p. Ravene, Frank d Bloodworth,
Lee Roy Myers, Daniel r. Thomas, Frederick
a. Jones, Albert s. Nichols. Charles II. Dor
sett, William q. Cooper, Alexander r. Law
ton. Jr.. Moses ). solomons, Horace 2. Smart,
John c. Rowland. William F. CHAPLIN, VIM,
Garrard. Frank W. Dasher, John II. Hunter,
Daniel Il. Lester. Philip d. Da1lin. A leXander
Lawton. Henry &. Cunningham, Frank c..
Battey, and such others as they may associate
with them, their successors and assigns. be
and they are hereby declared body polite
and corporate, under the name and style of
the Savannah street railway.
SEC. II. Be it further enacted, That said
corporation by said name shall have cOntinu-
ana cfO n,N1 ael,n hi
to sue and be sued, to plead and be implicated
In any court of law or equity: may have and
use common seal ard the same alter. renew
and destroy at pleasure; and make, alter md
repeal such bylaws governing its own mem
bers, officers, attorneys. agents, employees
and persons dealing or having business with
1t as 1t considers proper; 1T may issue bonds
at such times aud in such amounts as it may
determine, and t may acquire, purchase, &C
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; it shall have
power to fl 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-
pish 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 Steamship
Company of Savannah, and running along
any street west of the canal of the Savanna
and Ogeechee Canal Company, and 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 byBay or River
street, or both, to East Brond street, thence up
ct ct 70 nah ctr haf
Liberty street as may be selected. and thence
by such street to Habersham street or such
Otner street as may be selected. and thence b.
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 to 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 crosses
West Broad street; with power also run
from point at or near the intersection of
Bay or River streets and East Broad street by
such route as may be hereafter selected, 10
any point on or near the Savannah, Florida
and Western Railway Company's wharves.
SEC. ". Be 1t further enacted, That said
corporation shall also have power and au-
thority from time to time to survey, lay ont,
construct, equip, use and enjoy such other
routes or lines of street railroad in the city of
savannah as 1t may deem best, in add ton to
that or those specially named in this act,
whenever it deems it 10 its interests so TO do;
but before said corporation shall begin work
upon any other and further llne or route of
street railroad within the city of Savannah, 1t
shall first obtain the assent of the corporate
authorities of said city to the same.
SEC. V. Be it further enacted, That the
capital stock of said corporation shall be ten
thousand dollars, which may be increased 10
any amount, notoxceeding one hundred thou
sand dollars, should the business OF the COM
pany require it, but said corporation may or
game and commence business whenever the
s1p n thnnGnnH al hos h,a,
scribed. Books of subscription to the capital
stock of said corporation may be opened uu-
der the superintendent of the persons named
IN the first section of this Ac,. or any nine of
them. and the capital stock of said corporal
ton shall be divided into shares of one hun
dred dollars each, and all subscriptions shall
be paid In cash. or that which msy be deemed
its equivalent, in such installments as called
for by the board of directors. Said persons
named, or any nine of them, shall act as a
board of directors until salQ corporation is
organized, which shall be done within thirty
days after the requisite subscriptions are OBJ
tanned.
SEC. VI. Be it further enacted That all
corporate powers of said company shall be
vested IN and exercised by board of direc-
tors, one Of whom may be President. and such
officers and agents as said board NAV
appoint. Said board of directors shall
consist OF nine members who shall be
stockholders in said COMPANY the
first board Of directors to be elected at such
time and in such manner as the corporators
or majority of them. may determine, and
annually thereafter by the stockholders of
the company. Said directors shall hold their
offices until their successors ARE elected and
qualified ana MI vacancies in their own num-
bers In all elections each share Of one hum
dred dollars sha be entitled to one vote and
said shares shall be issued and transferable
in such manner rs the board Of directors may
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 it further enacted, That said
Savannah Street railway may convey upon
and over their line either passengers or
freight. or both, as the public wants aud its
Interests may require, and said company shall
have exclusive right of laying out, construct
ing, equpping or using street railroad upon
any of the streets herein named for the term
of twenty-five years; Provided, that all the
powers granted 10y this vet shall cease unie,s
said company shall, within five years from
the passage of this act, begin the construction
Of said street railway and proceed bona tlde
in its construction.
SIC. VIII. This charter. unless forfeited
as prescribed IN the preceding section. shan
continue for the term OF fifty wears. with the
privilege Of renewal at the end of that time
aud II 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 the
Legislature before the passage of this Act.
SEc. IN. BE It further enacted, That said
corporation shall have power and authority
TO copnec. with, TO purchase, acquire by lease
Or other HuV other raj w pnty