Savannah morning news. [volume] (Savannah) 1868-1887, 1886-12-23

lntyre, George y. Baldwin, Thomas r. ka -
mel. Frank ~. Bloodworlh. Lee hoy Myers,
Dapiel r. Thomas, Froderict A. Jones, Albert
;. Nichols, Charles IL. Dorset, William q,
Cooper, Alexander K. La ton, Jr., Moses j.
SolomoNs, Horace p. Smart. John c. Row
land, WI liam +. Chaplin, William Garrard,
Frank w. Dasher. John IL. Hunter, Daniel q,
Lester, Philip d. Daflln, Alexander r. Law
ton, Henry {. Cunningham an FRANK {.
Ba'tey shows that they are about TO apply TO
the General Assembly for n charter for the
savannah street railway, a corporation pro-
jected for the purpose of running 4 street
railway In and through the streets of the city
Of savannah.
To that ED they have prepared for intro
duction into the General Assembly Il blll to
grant such charter, a copy OF when is here
10 attached.
Petitioners pray that your honorable body
VIII, prior 10 The Introduction OF the bill.
give your official consent to the granting OF
the authority therein conferred.
ALEX, II. LAWTON, JR.,
For self ana others.
A Bill to be entitled IAN act TO incorporate
the avaunah Street railway"
SECTION |. BE IL enpced by the General
Assembly of the State OF Georgia, That from
and after the passage of tins act thar John ii.
Estin. EdwRrd Mcintyre. George j. Baldwin,
Thomas Il. Ravenel. Frank ID Bloodworth,
ee Roy Myers, Daniel Il. Thomas, trederlok
A. Jones, 4 lbert $. Nichols. Charles II. Dor
sett, William &. CoOper, Alexander Il. Law
ton Jr,. Noses =. Solomons, iIora p. SIN TT,
Garrard. Frank W, Dasher john IL. Hunter,
Daniel Il. Lester. Philip ID. DHiIin. Alexander
IL LawtOn, Henry q. CunuinNham, Frank G.
Batloy. and such others Ms they may associate
with them, their successors and assigns. be
and they are hereby declared a body polite
and corporate, under the name and style of
the Sa' aunah treet railway.
SEQ, III. BE it further enacted. That said
corporation by suid name shall have contiuu-
GUS succession and in that name sha 100 ablo
to suean be sued, to plead nud be implicated
| IN any court of law or equity; may have and
ure common seat AID the same alter. renew
and destroy at pleasure; and make, alter nd
| repeal such by Laws go ernlng It's own mem
| beers. officers. attorneys, agents. employees
and persons dealing or having business with
! II rs it considers proper; it may issue bonds
| at such times aud in suCh amounts as 1t may
! de eTmine, and { may acquire, purchase, &C
! cept, hold and enjov, or convey amy property,
! real. personal or mixed. that NAV be uccc,-
| 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 hN the rates OF toll for tho carriage
! OF persons and property and to collect tn
| same; and eaid Savannah Street rallWay
shall have All the powers. facilities. rights and
| franchises necessary to successfully accom-
! pilsh and carry ON the objects Of IL, corpora
/ ton.
| SEC. III. Be it further enacted, That said
| company shall have power to survey,
| lay out, construct, euulp, use and
employ The following line Of street rail
| roads in the city OF savannah, Georgia, rs
! foll"ws, tO-wit: Beginning nv p1Iut on or
| near tho wharves OF the Ocean SteAm-h'p
| COMPANY of Savannah, and runniug along
| any street. we of the canal of the Savan an
| and Ogeechee Canal Company, and across
saId canal. thence through lad an street or
| some other street to ct Broad street
| thence through OF across West Broad = rect To
! BAY or Rlver street. and thence uy BAY or River
street, or 18th, to kAsj Brond street, thence up
| East Broad street to such street south of
| Liberty street as NAV he Sc eCted ana thence
/ by such street to HaOersham street or 4, CHI
! other street as may be selected and thence b
/ such street 10 the southern | mics OF The city,
or TO any street uear the same. and thence
| along SUCH street as may be selected 10 Mont
| gomery street. and thence al ny Montgomery
/ street to Liberty street, and thence along
| Liberty street to West Broad street. and
! then @ from Liberty street Gown West Broad
| street to the point where such railway Gro SEES
| West Brad street; with power also 10 run
| from point al or near the intersection OF
| Bay or River streets and East Broad reel by
/ such route ~ may be hereafter selected, TO
| any point on or near the Savannah, Florida
and Wes ern Hallway Company's wharves.
SKC. ". BE 1t further enacted, That said
! corporation shall also have POWER and au-
! thOrity from time to time to surrey. lay ont.
| construct, equip, use and enjoy such other
! routes or lines Of street ra lroad In The cit of
| Savannah as IL may deem best, in addition to
! that or those speciaily named in this act,
| whenever IL deems It to its interests so TO do;
| but before satd corporation SHAH begin work
| upon any other and further lIto or rou'e Of
| street fdlrOdn NlJhln TIE CITY uf savannah, IL
| shalt 6rst 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 ehall be ten
! thousand dollars, which may be increased TO
/ any amount. notrxceeding one hundred thou-
sand dollars. should the business ~ the COM
pany requi. C il. but said corporation may or
gan re aud commence busiuess " b never the
! sum OF five Thousand dollars has been sub
/ scrlbed. Books OF subscription TO the capital
/ stock OF said cor porstlon may be rp5nCd I'M
| der the euperini Evidence OF the persnns named
/ m The fret seCiiOn OF this AC. or anY niue OF
them, and tue cali I'll stock OF SAID corpora
! ton shall be divided into shared ~ oIe hun
| dred dollars each, and all sub- riptiOns shall
/ be paid In cash. or that winch may be deemed
! its equivalent. IN suCh install ncnts rs called
| for by the board OF directors. said persons
named, or any nine of them. Shall act as n
/ board Of directors until sara corporation ~
| organized which shall be do within thirty
! days after the requisite subscriptions arc Oh.
/ tanned.
! sEC. VI. BE it further enacted. That all
corporate powers OF said company shall he
vested in and exercised by a board of dircc-
| tors, one OF whom ma. b. President. and suah
| officers and agents as said board ma,
! appoint. Said board OF directors shall
! consist OF nine members who shall ne
| stockholders in said company, the
| first board of directors TO be e,ected at such
! time and in such manner AS the cOTpOrators,
! or a mHj0fity Of them, may determine, amt
| annually thereafter By the stockholders Of
| the fompany. Said directors shall hold their
offices until their successors are elected and
qualified ana I'll vacanc c. IN her own num-
/ bers. In all elections each share OF Que hum
| dred dollars sha he entitled to one vote. aud
| said shares shall he issued and transferable
| in such manner as the board OF directors may
| determine. Said board OF directors may also
adopt such constitution, by-laws, rules and
| regulations for the management OF the com
! pany and its business as are not inconsislent
! with the laws of this state and the Tn ted
! States.
SEC. VII. BE IL further enacted. That said
! Savannah street railway NAV convey upon
| and over their line either passengers or
| freight. or both, ~ the public wants aud its
! interests msy require. and said company shall
| have exclusive right Of laying out. construct
! ing. equipping or us Dg Il street railroad upon
| any OF the -treets herein named for the term
| OF twenty-five years; Provided. that all the
powers granted by this act shan 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 Hide
! I'm its construction.
! SIC. VIII. This charter. unless forfeited
! as prescribed IN the preceding section, shall
| continue for the term OF fifty wears. with tue
| privilege Of renewal at the end Of that time,
| aud u Is granted alter the Mayor and Council
! of the city OF Savannah have given their con-
| sent 10 he granting Of the authority herein
! conferred, said consent being evidenced by "A
| ceru1ed copy OF the action of said Mayor and
Council. exhibited In both branches OF the
| Legislature before the passage OF This Act.
sEC. TX. BE 10 further enacted, That said
coruoratiuu shall have power and authority