Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44812/
Timestamp: 2020-07-11 08:16:36
Document Index: 215971854

Matched Legal Cases: ['§ 1', '§ 2', '§ 3', '§ 4', '§ 1', '§ 2', '§ 3', '§ 4']

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ST. CHARLES RAIL ROAD.
AN ACT to incorporate the' St. Charles Rail Road.
Style and powers of company,
Oath of officers,
Hay enter upon lands,
Sectio-i
Cross-ways,
Cars, &c,
Tolls, and freight,
Failing to transport, penalty for,
Excessive toll, penalty for,
Commencement and completion of road,
Scire facias may issue, when,
Be it enacted by the General Assembly of the State-of Missouri, as follows
§ 1. The stockholders of a company to be raised, as hereinafter directed,
are hereby incorporated as a body politic and corporate, by the name and
style ofthe St. Charles Rail Road Company, for the purpose of constructing
a rail road from St. Charles to a point on the Mississippi, nearly opposite to
Grafton, and shall have continual succession; may sue and be sued; implead
and be impleaded in all courts; purchase, receive, hold and enjoy, real and
personal estate, and convey or otherwise dispose of the same; may make dividends; use a common seal; make all necessary and convenient by-laws and
regulations, not contrary to the laws and constitution of this State or the
United States; and generally, may take the necessary steps for the management of the affairs of said company, and the proper transaction of its business, in order to accomplish the object of the creation of said company.
§ 2. Books for subscription shall be opened in St. Charles on the first
day of March next, under the superintendence of Wm. B. Knott, Jeremiah
Millington, John Orrick, Philip A. Stockslager, and Andrew Wilson; and at
Portage Des Sioux, under the superintendence of Wilson L. Overall, Francis
Saucier, Montgomery Perry, Joseph Summer, Asa Griffith, and Archibald
McLosky; and shall continue open ninety^days, and if, at the end of that time,
all the stock be not taken, they may cause said books to be re-opened at the
same or any other place, until the whole be taken.
§ 3. The capital stock of said company shall be one hundred thousand
dollars, and may be increased by the company to double that sum; the shares
shallbe one hundred dollars each, and the company may commence operations so soon as the directors shall believe that sufficient stock has been subscribed, whenever one hundred shares shall be subscribed, a meeting ofthe
stockholders shall be called at the town of St. Charles, by said superintendents, by giving twenty days notice in some newspaper, at which meeting
"ley shall elect nine directors to superintend, control and manage the property business and affairs of said company, who shall hold their offices one year
and until their successors are elected and qualified. Said directors shall.
'hereafter be elected in St. Charles on the first Monday of January in every
year, at such time and place as the directors may appoint, under ths direction of three stockholders, and shall be by ballot and a plurality ofthe stockholders present shall elect. Stockholders not present may vote by proxy,
ln W1-iting, and each share shall give one vote.
§ 4. Said directors shall elect one of their body president; they shall also
e'ect a treasurer, secretary, and all other necessary servants, agents and
°ttcers, and prescribe their powers, duties, compensation and tenure of of-
Ce) and in the absence of the president, may appoint a temporary president.
any election foil to be held at the time appointed, said company shall not
Identifier LAWS_9th_1836-1838_0277.tif
Transcript RAIL ROADS. 277 ST. CHARLES RAIL ROAD. AN ACT to incorporate the' St. Charles Rail Road. Stockholders incorporated, Style and powers of company, Books for subscription, Capital stock, President, Payment of stock, Quorum, Oath of officers, powers of board, Hay enter upon lands, Sectio-i 1 ib 2 3 4 6 0 ib 7 8 Section Cross-ways, 9 Cars, &c, 10 Tolls, and freight, 11 Failing to transport, penalty for, 12 Excessive toll, penalty for, 13 Injuring road, penalty, 14 State may purchase road, 15 Commencement and completion of road, 16 Scire facias may issue, when, 17 Be it enacted by the General Assembly of the State-of Missouri, as follows § 1. The stockholders of a company to be raised, as hereinafter directed, are hereby incorporated as a body politic and corporate, by the name and style ofthe St. Charles Rail Road Company, for the purpose of constructing a rail road from St. Charles to a point on the Mississippi, nearly opposite to Grafton, and shall have continual succession; may sue and be sued; implead and be impleaded in all courts; purchase, receive, hold and enjoy, real and personal estate, and convey or otherwise dispose of the same; may make dividends; use a common seal; make all necessary and convenient by-laws and regulations, not contrary to the laws and constitution of this State or the United States; and generally, may take the necessary steps for the management of the affairs of said company, and the proper transaction of its business, in order to accomplish the object of the creation of said company. § 2. Books for subscription shall be opened in St. Charles on the first day of March next, under the superintendence of Wm. B. Knott, Jeremiah Millington, John Orrick, Philip A. Stockslager, and Andrew Wilson; and at Portage Des Sioux, under the superintendence of Wilson L. Overall, Francis Saucier, Montgomery Perry, Joseph Summer, Asa Griffith, and Archibald McLosky; and shall continue open ninety^days, and if, at the end of that time, all the stock be not taken, they may cause said books to be re-opened at the same or any other place, until the whole be taken. § 3. The capital stock of said company shall be one hundred thousand dollars, and may be increased by the company to double that sum; the shares shallbe one hundred dollars each, and the company may commence operations so soon as the directors shall believe that sufficient stock has been subscribed, whenever one hundred shares shall be subscribed, a meeting ofthe stockholders shall be called at the town of St. Charles, by said superintendents, by giving twenty days notice in some newspaper, at which meeting "ley shall elect nine directors to superintend, control and manage the property business and affairs of said company, who shall hold their offices one year and until their successors are elected and qualified. Said directors shall. 'hereafter be elected in St. Charles on the first Monday of January in every year, at such time and place as the directors may appoint, under ths direction of three stockholders, and shall be by ballot and a plurality ofthe stockholders present shall elect. Stockholders not present may vote by proxy, ln W1-iting, and each share shall give one vote. § 4. Said directors shall elect one of their body president; they shall also e'ect a treasurer, secretary, and all other necessary servants, agents and °ttcers, and prescribe their powers, duties, compensation and tenure of of- Ce) and in the absence of the president, may appoint a temporary president. any election foil to be held at the time appointed, said company shall not