Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-01-30
The LEGISLATURE.
charter Asked for kennebec
Valley Railway Company.
'p'Oye's Liability Law introduced
by Senator Clark.
sMhls -
women suffrasists Appear Refor. =.
a4AA- gal Affairs Committee.

~ ~ |
In the House. yesterday r;hhv ~
oakland presented a bill of praat ~,
portance to the people of the Kan
vaney. II IS bill creating VIM,
M. aver. A. r. Small, VIM. r. Haines
u ~ w. Dunn corporation for the
purpose OF buying or leasing the prop
.ly' capital stock. rights, privileges,
| :, and franchises of the
somerset Railway. The gentlemen
named as incorporators are ALREADY
oincers OF the Somerset, the first two
named being residents of Oakland. the
lasu TWO living in Waterville. Ali are
wen known in the business circles of
Tue state as enterprising and energetic
railroad men. ~
me act provides that the capita,
STOCK shall consist of not more than
io'Voo SHARES of the par value of 500.
the amount to be fixed from time to
.ime py the corporation. The company
IS autnorlzed to lease the property of
the somerset Railway at such terms
as may be mutually agreed upon.
Inc act further provides that the
somerset Railway may lease its
property to the Kennebec Valley Rail-
way Company or to any other con-
iiecling railway company upon such
terms as may be mutually agreed
upon, put any such sale or lease shall
De made subject to all the outstand-
ing liabilities of the Somerset Rail-
way. The Kennebec Valley Railway
company may issue it's stock and
ponds IN payment and in exchange for
the stock. franchises and property of
the Somerset Railway in such manner
and in such amounts as may be agreed
upon.
The bill also authorizes the Tenne-
bee Valley Railroad Company to con-
struct and operate railroad from
Bingham by the most feasible route
% some point or place on the west
,hore OF Moosehead lake as the direc-
ors of the corporation shall deem best
calculated to promote public con-
venience.
The corporation is further authorized
20 construct and operate branch rail-
roads in each direction from it's main
inc. not exceeding 20 miles in length,
which shall not connect with any other
'ailroad. whose principal object and
purpose shall be the transportation of
ogs and lumber or other products of
he forest and country, within which
chese branches may be located, but
not to the exclusion of the conveyance
If property and passengers.
The corporation is further authorized
o carry on the business of an express
company upon it's own lines, and also
0 maintain and operate telegraph
md telephone lines for public use
along it's location and to it's principal
offices as the same may be located. 1t
nay also erect and maintain hotels,
cottages and pleasure grounds, own
and operate steamboats, upon any
axes and ponds. acquire and own in
terests in timberlands and water
powers, operate and manage the same,
.ither alone or in connection with
others. build dams, improve streams
Ind do all things necessary, proper
and convenient in connection with the
ownership and management of timber
lands and water powers, but the right
TO take land or other property to be
used for the purpose authorized by this
section. except for telegraph and tele-
phone lines, and all such land or
property so to be used shall be &C
lUir, by purchase and IN no other
way A toll is granted for the benefit
Of the corporation upon all passengers
and property which may be carried
over it's railroad or in any of its
steamboats,. and upon all telephone
and telegraph messages which may be
transmitted over it's lines. at such
rates as may be established by its
directors, subject to such general laws
| as are or may from time to time be
established.
The corporation may make connec-
ton with any other railroad or rail-
roads and may also sell or lease its
railroad. franchises and property
either before or after it's road shail
have been completed, upon such terms
as it may determine, subject in all
cases to the approval of a majority OF
the outstanding stock in each corpora
ton.
The corporation may purchase OF
lease the property of any connecting
railroad in this State or purchase or
hold the stock or bonds Of any such
CORPORATION. If the company snaii
h1.l'd and operate ten. miles on OF pc
for, The first day of December, 13o6, "
shall be given until the 3lst day OF
December. 1915, within winch 10 ouiil
and operate the remaining portloh VI
-, line.
A bill was introduced IN the House'
,os+ordav Increasing the appropriation
for the Improvement OF stare roaos
from $4,000 year to $zo'ooo year
,r,a hill, also raises the stipend which
each town may receive from Sioo ~
not more than $3.50. Last year lVo
towns took advantage OF tne guy
roads law. and it is expected that this
wear the number will be largely in
creased.
Representative Blake-of Sidney, pre-
scented an act prohibiting the SAFE
of any kind of fish. except eeis' taken
from any waters lying, wholly or III
part in Kennebec county lncluuins
T., CsovnorSpt county.