The Portland daily press., 1893-04-03
cha,s..,s,. sss.

AN ACT to Regulate the Organization and Control of
SECTION l. Any number of persons moi less than FIVE
majority of whom shall be citize OF this state may form
aud operating by electricity animal power street rail
road for public for street traffic for the conveyance
and sign articles in which shall be stated the
of the company the gauge Of the road the PLACES
road is to be constructed, maintained ana operated the
length of suc road as nearly as may be- the anent Of
dollars for every mile OF road proposed 70 be constfhced
the number shares of which said stock sholl CONSIST
and the names and places resaee of at leasr three
persons majority Of whom shall be citizens of this state
who shall act directors of the proposed company and
manage its affairs until others chosen iii their places.
Each subscriber shall sign his name residences ana the
number at shares Which be agrees to take a ad
and recorded in the manner provided IN the folowing
section until the capital stock named a n seetnn one s
parties ann live per cent paid ,sn 10 the dlfec
named in said articles nor uJ here is esd9 G
majority Of the a no the d hes se IA sond
aforesaid, and that it is tended i'll good faith TO con-
struet maintain and operate the road mentioned IN such
articles which affidavit shall be recorded Herewith as
aforesaid.
the railroad commissioners that all the provisions OF sec
ons and two have been complied with, they shall
their approval in writing Inc secretary OF STATE shisl'
upon payment of twenty dollars to The State treasurer
corded and shall issue certificate III the following form
lie il known that whereas there the names OF the sub
have associated themselves together with the intention of
forming corporation under the name of there insert the
lame OF the corporation Tor the purpose OF building and
operating railway in there insert description OF
The road in the articles OF assncaton and have
complied with the statutes the state in such made
ana provided Now therefore here insert tue Nane OF
the secretary of the state Of Maine hereby certify That
said aes OF subscrOers) their associates and successors
legally organized and established as an existing corp
ration under The name of titne OF coIpo)3ot with The
powers rights and privileges and subject To the limitations,
duties and restrictions which by law sppesta thereto
Witness my official signature thereuito subscribed and
thas .inf tbn mn of hnin affixed
day OF (day, month and Year inserieti.l
The secretary OF state shall SIGN me same ad cause the
conclusive evidence of tie organization and establishment
Of such corporation At the Sa tereo f seeFey Or
made and certified copy OF such reeor may with iite
effect the Original certificate be given III evidence TO
prove the existence Of such corporation.
SECT The fist mefn for the purpose Of f organN II
three of the subscribeisto articles of association.
Stating The time, place and purpose OF snch lneetmg Il
day appointed therefor, be given each subscriber,
left at his usual place OF business or residence or de-
posted tile post office post paid, addressed to him at
such notice shall make affidavit of his dongs which shall
be recorded in the records OF the company.
5. If sthe capital took of any company formed
under the foregoing provisions is found to be insufficient
for constructing and operating its road such COMPANY
may increase the rom time to time, to any amount
for the purpose aforesaid Such Increase must be SAM
all the stockholders ut meeting thereof called
by the directors for that purpose
SECT G. Every CORPORATION organized under the fore
going provisions before commencing the construction
its road shall present TO the Ialroad
petition for approval of location defining lis courses
distances and boundaries, accompanied witt map of the
proposed route an appropriate seae with the written
approval the proposed route and location AS 10 streets
roads WAYS of the municipal officers OF the cities an
towns in which said railway to be constructed in wor
in part and with report and estimate prepared by a
skifu engineer If tue municipal officers upon written
application therefor neglect for thirty days 10 approve
route and location to streets roaqs OF MAYS or II they
refuse to approve such route ana iocann or 4 such
route and location approved by them Is nor accepted by
the corporation in either case, lid corpora ION MAY
appeal to the of the sapree lunieh COURT to
be held any county where any part OF s salway Is
heated than thirty days from the eSprat on OF s
thirty DAYS from the date of such refu on Ifom the