The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1913-07-24

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property or services in payment Oh
subscriptions to the capital stock al
such valuations and upon such terms
as may be determined by the board of
directors and shall also have the
right to receive donations in land or
property from individuals, municipal
tiles, counties or other corporations,
or associations of persons for the pur-
pose of aiding in the construction,
maintenance, equipment and operation
OF said railroad and its branches.
That the said corporation for the
purpose OF increasing its traffic aud
supplying feeders for it's main line of
railroad and its branches shall have
the right to construct canal or ca
nails through either of the counties of
hillsboro, Polk, DeSoto, Manatee, Lee,
Palm Beach or st. Lucie for the pur-
pose of connecting streams, lakes or
other bodies of water with it's said
main line of railroad or its branches,
and to operate said canal or canals
in connection with it's said main line
OF railroad and its branches; and to
build, construct, purchase, own and
equip canal boats, steamboats, and
other craft, and to employ them in
operating said canal or canals and in
navigating the waters of the state and
upon the high seas and to this end the
corporation shall have all the powers
conferred by sub-chapter 5, special
provisions for railroad and canal
companies, articles l, and of the
general statutes of the State of Flor
ida, on canal companies, and the said
corporation for the purpose of con-
structing said canal or canals shall
have the right to enter upon and ap-
propriate any lands public or private,
lying along the course of any project
ed canal and appropriate the same for
It's right of way to the extent neces
| sary for the proper construction of a
canal, and to construct it's said canal
over and upon the same; and for the
| purpose of cuttings and embankments
and for obtaining gravel and other
material and for the purpose of con-
| structing locks, bikes and necessary
buildings to take as much land as may
be necessary for the proper construc-
ton, operation and security of the |
canal all Of said land and property |
to be taken, and compensation to be |
made therefor, in the way now, or |
which may hereafter be provided by |
general law; and the said corporation |
to the same end shall have the right to
improve rivers, lakes or other water
ways, so as to make the same navi-
gable for boats or RATS and shall have |
the sole right to navigate and make
use of the streams, lakes and water
ways so improved by it, but in accord
ance with the laws of this state and |
of the United States, and to operate
and float its boats, craft and RATS
thereon; and the said corporation for
the purpose of improving said
streams, lakes and waterways shall
have the right to enter upon and APP
propriate any lands, public or private,
lying along or under any streams,
lakes or waterways and of making it
or them navigable as aforesaid; ami
for the purpose of cuttings and en-
bankments and for obtaining gravel
and other material, and for the pur-
pose of constructing locks, bikes and
ether necessary structures or build
ings, to take as much land rs may
be necessary; all Of said land ana
property to be taken and compensa-
ton to be made therefor, in the man
ner prescribed by the constitution and
laws of the State of Florida.
That the said corporation shah
have the power and right to engage
in and carry on any lawful business
of a public or private nature which
may in any wise aid it in the success I
full and profitable operation of it's I
said main line of railroad and it's !
branches, or it's canals, or in furnish
ing it with passenger or freight
traffic by the development of the re- s
sources of the country through which {
it's main line of railroad and its E
branches or canals runs. G
That the said corporation shall be
entitled to all the privileges, rights, /
and immunities conferred by sub n
chapter 5, special provisions for rail- \
road and canal companies, articles 1,
3 and 3 of the general statutes of the q
State of Florida, on railroad incorpor- .
alton Hereunder. F
That the said corporation shall have t
The right to drain any lands now or d
hereafter owned by 1t, as provided by
he constitution and the laws OF the
state of Florida.
That said corporation shall have
he right to erect, equip and main
ain and operate an electric telegraph
,r telephone line, or lines, or both,
along the line of its mann line of rail- b
Dad and it's branches or it's canals for &
he transaction of commercial tele- q
graph or telephone business or both, d
f it shall so desire. a
That the board of directors Of said a
shall have the power and v
light to mortgage it's main line of (
abroad, it's branches, roadbed and s.
property of every kind, its franchises, Il
including all lands now owned by it, p
# that may hereafter be owned by 1t, tt
" purchase, donation, gift or other c.
wise, and to issue bonds secured by tt
aid mortgage or mortgages, in such
ums as said board of directors shall n
a+orrainn. and to sell and to diSnose a