The Portland daily press., 1895-01-23
PORTLAND ELECTRIC RAILWAY.
The Proposed Charter of the Electric Rail-
road to Cape Elizabeth.

The following is the full text of the chart
ell asked for by the company which proposes
to build an electrical railway into the
town of Cape Elizabeth:
STATE OF MAINE.
In the Year of Our Lord One Thousand
Eight Hundred and Ninety-Five.
An act TO incorporate the Portland Electric
Railway, and TO authorize the construc-
ton of. the same across navigaple tue
waters.
Be it enacted by tho Senate and House
of Representatives in Legislature assem-
bled, as follows:
Section l. Jacob S. Winslow, Stephen X.
Small, Albert D. Boyd, James II. BOYD ana
F. Coleman Boyd, their associates, success
sors and assigns, are hereby constituted
corporation by the name of Portland Elec-
trio Railway, with authority to construct,
maintain and operate by electricity or anil
NAL power street railway with convenient
single or double tracks, side tracks, switches
or turnouts, with all necessary or conVe-
nient lines of poles, wires, appliances, ap-
purtenances. eonduits and electric plants
for motive power, beginning at the inter-
section of Cross and Free streets. in the
City of Portland. and running thence
through Cross street to tho intersection OF
Cross street with Commercial street. thence
through Commercial street to the Portland
bridge. by way of Commercial street, and
the street, road or OPEN way running
through the GROUNDS of the Boston and
Maine Railroad Company, or through ana
over such other grounds and ways as the
Company may determine, thence on, over
and across said Portland bridge, to and in
TO the town of Cape Elizabeth; and SAID
Portland Electric Railway is hereby further
authorized to construct, MAINTAIN ana oper-
ate by electricity or animal power street
railway, with convenient single or double
tracks, side tracks, switches or Surnouts.
with all necessary or convenient lines OF
poles, wires, appliances, and electric plants
for motive power in and through the SAID
town of Cape Elizabeth, upon such streets,
roads and highways in said town, as may,
from time to time, be fixed and determined
by the municipal officers of said town, and
assented to in writing by said Portland
Electric Railway. Said corporation shall
have authority to construct, maintain ana
operate said railway over and upon any
lands where the land damages have Reen
mutually settled between said corporation,
and the owners thereof. The written assent
of said corporation TO any vote OF said town.
or of the municipal officers thereof, pre-
scribing from time to time, the routes OF
said railway, shall be filed with the clerk
of said town. Said railway corpora ton shall
have power from time to time to fix such
rates Of compensation for transporting
persons or property as it may think eX-
pedient, and generally shall have all the
| powers, and be subject to all the liabilities
| of corporations, as set forth in The forty
sixth chapter of the revised statutes.
Sect. q Said corporation shall keep and
maintain in repair such portions of the
| street, town or county roads as shall be &C.
oupied by the tracks of its railway and for
| a space of eighteen inches outside of each
| rail, and the municipal officers of said city
| of Portland shall have power at all times to
make all such regulations as to rate Of
| speed and removal of snow and ice from
such oItions of the streets in said city as
| shall be occupied by tracks of said railway
| company, and from space of eighteen in
| ches out side of each rail. by said company
| at its expense, as the public convenience
and safety may require.
! Sect. g. Said Portland Electric Railway
| is hereby authorized to issue boLds in such
| amounts and on such. time and terms as 1t
may from time to time determine for
| any money which it may borrow, and secure
| the same by mortgages Of it's franchises.
| railways and property. All bonds which
| shall be issued by said company shall be
| binding and legal. Notwithstanding such
bonds may be negotiated and sold by said
company or it's agents at less than their
| par value.
r Sect. A. Said Portland Electric Railway
shall have power to aid, or invest its funds,
in the construction. maintenance or carry
| ing on of summer hotels, summer or shore
resorts, or amusements at such resorts
Sect. 5. The capital stock of said corpora
ton shallsnot exceed five hundred thousand
| tS500.00N dollars, to be divided into shares
| of one Hundred $500 dollar each, provided,
| however, that if the said capital stock is
| found by the directors of sad corporation
| to be insufficient for carrying out the pur-
poses and powers of said corporation. then
| said corporation may increase said capital
stock from time to time to any amount, for
the purposes provided for in this act. Such
| increase however, must be assented to by
| vote, either in person or by proxy, of two.
| thirds in amount of all the stockholders, at