Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44837/
Timestamp: 2020-08-13 21:37:40
Document Index: 559424991

Matched Legal Cases: ['§ 1', '§ 2', '§ 3', '§ 4', '§ 5', '§ 6', '§ 7', '§ 9', '§ 10', '§ 1', '§ 2', '§ 3', '§ 4', '§ 5', '§ 6', '§ 7', '§ 9', '§ 10']

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302 TURNPIKES.
Be it enacted ly the General Assembly of the State of Missoubi, as follows:
§ 1. The stockholders of a company to be raised and organized as hereinafter prescribed, are hereby incorporated by the name of "The St. Louis
and St. Claries Turnpike Company," with a capital stock of one hundred
thousand dollars, for the purpose of making a turnpike road from the City of
St. Louis to a point on the bank of the Missouri river opposite to the town
of St. Charles, and by that name may have continual succession and a com-'
mon seal, may hold property, sue and be sued, and exercise the usual rights
of bodies politic and corporate for such purposes.
§ 2. Books for the subscription of stock in shares of fifty dollars each,
shall be opened on the first day of March next, at the City of St. Souis, under the superintendence of John F. Darby, John Smith, William G. Pettus
and Henry Von Phul; at the town of St. Charles, under the superintendence of Elisha H. Jordan, John Orrick, Francis Yosti and Thomas P,
Copes: at Troy, under the superintendence of Emanuel Block, John Mc-
Kee, Israel Ruland and Eli Perkins, and continue open one hundred and fifty days, unless the amount of stock be' sooner taken, and if the full amount
be not then subscribed, said superintendents may cause them to be continued
open, or re-opened at such times and places as they may think proper until
the whole be taken.
§ 3. The superintendents at each of those three places, shall at the end
of every ten days after said books are opened, inform the superintendents at
the other two places ofthe number of shares subscribed, and so soon as the
whole stock shall be ascertained to be taken, the books shall be closed, and
so soon as one half of said stock shall be subscribed, said superintendents
shall give public notice that a meeting of the stockholders will be held at
sOme time and place to be by them named in such notice, for the purpose of
organizing the company and electing officers.
§ 4. The officers of said company shall be a president, treasurer and
nine managers, who shall be elected by the stockholders, at some regular
meeting of the company, shall hold their offices for one year and until their
successors are qualified.    And all vacancies to be filled by the managers.
§ 5. When the stockholders shall first meet they shall scale the subscriptions (if necessary) by striking off from the subscriptions of those having
subscribed the largest number of shares, and shall then elect their first officers. If the first meeting fail, another may be appointed at the same or at
some other place in same manner.
§ 6. Every share shall entitle the holder to one vote, and persons absent
may vote by proxy, by giving written authority for that purpose.
§ 7. Said president and managers shall have the necessary powers for
transacting the business and carrying into execution the object and design
of the company, and to make such rules, by-laws and orders as they may
think necessary, not contrary to the laws or constitution of this State or the
§ S. Said managers may appoint such other officers and agents as they may
think proper, and prescribe their duties, compensation and tenure of office.
§ 9. There shall be paid to said superintendents five dollars on each
share at the time of subscription, and the remainder of the stock shall be
paid at such times as the same shall be called for by order of the managers;
and if any stockholder fail to pay any instalment for more than twenty days
after public notice given in some newspaper for the payment of the same, he
shall forfeit to the company all sums previously paid om his shares.
§ 10.    Said president and managers shall have said road carefully survey
Identifier LAWS_9th_1836-1838_0302.tif
Transcript 302 TURNPIKES. Be it enacted ly the General Assembly of the State of Missoubi, as follows: § 1. The stockholders of a company to be raised and organized as hereinafter prescribed, are hereby incorporated by the name of "The St. Louis and St. Claries Turnpike Company," with a capital stock of one hundred thousand dollars, for the purpose of making a turnpike road from the City of St. Louis to a point on the bank of the Missouri river opposite to the town of St. Charles, and by that name may have continual succession and a com-' mon seal, may hold property, sue and be sued, and exercise the usual rights of bodies politic and corporate for such purposes. § 2. Books for the subscription of stock in shares of fifty dollars each, shall be opened on the first day of March next, at the City of St. Souis, under the superintendence of John F. Darby, John Smith, William G. Pettus and Henry Von Phul; at the town of St. Charles, under the superintendence of Elisha H. Jordan, John Orrick, Francis Yosti and Thomas P, Copes: at Troy, under the superintendence of Emanuel Block, John Mc- Kee, Israel Ruland and Eli Perkins, and continue open one hundred and fifty days, unless the amount of stock be' sooner taken, and if the full amount be not then subscribed, said superintendents may cause them to be continued open, or re-opened at such times and places as they may think proper until the whole be taken. § 3. The superintendents at each of those three places, shall at the end of every ten days after said books are opened, inform the superintendents at the other two places ofthe number of shares subscribed, and so soon as the whole stock shall be ascertained to be taken, the books shall be closed, and so soon as one half of said stock shall be subscribed, said superintendents shall give public notice that a meeting of the stockholders will be held at sOme time and place to be by them named in such notice, for the purpose of organizing the company and electing officers. § 4. The officers of said company shall be a president, treasurer and nine managers, who shall be elected by the stockholders, at some regular meeting of the company, shall hold their offices for one year and until their successors are qualified. And all vacancies to be filled by the managers. § 5. When the stockholders shall first meet they shall scale the subscriptions (if necessary) by striking off from the subscriptions of those having subscribed the largest number of shares, and shall then elect their first officers. If the first meeting fail, another may be appointed at the same or at some other place in same manner. § 6. Every share shall entitle the holder to one vote, and persons absent may vote by proxy, by giving written authority for that purpose. § 7. Said president and managers shall have the necessary powers for transacting the business and carrying into execution the object and design of the company, and to make such rules, by-laws and orders as they may think necessary, not contrary to the laws or constitution of this State or the United States. § S. Said managers may appoint such other officers and agents as they may think proper, and prescribe their duties, compensation and tenure of office. § 9. There shall be paid to said superintendents five dollars on each share at the time of subscription, and the remainder of the stock shall be paid at such times as the same shall be called for by order of the managers; and if any stockholder fail to pay any instalment for more than twenty days after public notice given in some newspaper for the payment of the same, he shall forfeit to the company all sums previously paid om his shares. § 10. Said president and managers shall have said road carefully survey