The Fort Worth gazette. (Fort Worth, Tex.) 1891-189?, 1891-04-23
INCORPORATION ACT.
PURPOSES FOR WHICH PRIVATE
CORPORATIONS MAY BE
FORMED.
The Bill AS it Went to the Governor for
His Signature and will Take Effect
Ninety Days from Passage.

! In view of the probability that Gov. Hogs
! will sign the new incorporation law, anC
| that, is enrolled, it has never been given tC
| tine public, The GAZETTE below gives the
| bill as il went to the governor from the
| conference committee:
! As finally perfected by conference re-
| port and submitted to the governor the
| general incorporation act reads:
! An act TO amend an act entitled ian act
! to amend article 5G6. chapter , title 20 OF
| the Revised Civil Statutes Of the state OF
Texas, rs amended by the Twentieth leg
stature, approved March %, 1887, and as
amended at the special session of the
Twentieth legislature, approved April 50,
ISIS
Section |. Be it enacted by the legislature
of the state of Texas, that article ste of
chaDter2, title 20, of the Revised Civil Stat
utcs of Texas, as amended by the Twentieth
legislature, approved March %, 1887, and as
amended at the special session Of the Tween
tieth Legislature, approved April 30, 1SSS,
be 50 amended as to hereafter read Us fol-
lows:
Article SEC The purposes for which pri-
vate corporations may be formed are:
l. The support of public worship
>. The support Of any benevolent, char
table educational or missionary undertake
ing.
3 The support of any literary undertake
ing, the maintenance of 4 library, or the
promotion of painting, music or other fine
arts.
I. The encouragement OF agriculture and
horticulture by associations for the main
tenance of public fairs and exhibitions Of
stock and farm products.
>. The maintenance of public or private
cemetery.
t. The construction and maintenance of
any species of road and bridges in cOnnec-
ton herewith
:. The construction and maintenance of
Z bridge which may be used for any or all
modes of travel and transportation.
:. The construction and maintenll of a
telegraph and telephone line
9. The establishment and maintenance of
I ferry
TO- The establishment and maintenance
of line of stages.
II. The building and navigation of steam
boats and vessels and the carriage of per-
sons and property.
T. The supply of water to the public.
Is. The manufacture and supply OF gas,
or of the supply of light. heat and electric
motor power, or either of them TO the pub
lie by any means.
"A. The transaction of any manufacturing
I. mining business.
IL. The transaction Of pruning o. IN
fishing business, and in connection there
with the sale of goods, wares and mer-
chandise of stationery and blank book
manufacturing business.
Is. The establishment and maintenance
of hotel.
II. The erection of buildings and accumu
lation and loan of funds FOR the purchase
and sale of real property in cities, towns
and villages and their suburbs
IS. The transportation of goods. wares
and merchandise, or any valuable thing
l9. The promotion OF immigration.
20. The construction and maintenance of
sewers
p. The construction and maintenance of
q street railway and suburban or belt lines
Of railway within and near cities and towns
which may also construct, own or operate
union depots; but no street railway COM
pany shall ever be exempt from the pay
ment of assessments that may be legally
levied and charged against it for street i'm
proYements.
~ The erection and maintenance of mar
ket houses and market places.
2S. The construction and maintenance of |
canals for the purpose of irrigation, naviga- |
ton or manufacturing.
"a. The purchase and sale of goods, |
wares and merchandise and agricultural |
and farm products. The number of per- |
sons incorporating for such purposes, shall |
in no instance be less than ten nor shall |
any person hold or own more than $500 |
of such stock, and any person owning or |
holding more than $500 of such stock shall |
be liable for all the debts of such corpo-
ration.
25. For the purpose of buyfng and |
selling goods, wares and merchandise of |
any description by wholesale. But the
lin Itauons upon stock and stockholders |
In corporations created under subdivision |
"a OF this article shall not apply to corpo-
rations created under this subdivision.
70. The constructions Of harbors and CO.