Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44839/
Timestamp: 2019-10-16 23:22:40
Document Index: 56651312

Matched Legal Cases: ['§ 2', '§ 3', '§ 4', '§ 6', '§ 2', '§ 3', '§ 4', '§ 5', '§ 6']

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804 TURNPIKES.
ander Mills, Brice W. Hughes, Joseph Hunter and Richard Beckwith, be and
they are hereby constituted a body politic and corporate by the name and
style of the "Southern Turnpike company," with a capital stock of twenty
thousand dollars, to be raised in shares of one hundred dollars each, in the ordinary manner of subscription of stock to be paid and made payable to the
said company in such manner, at such times, places and proportion, as the
said company shall propose'and dasignate, and to be applied to the construction of a road or public highway from the south-west corner of township
twenty-seven in range fifteen east on the state, road in Scott county to the
Mississsippi river, at a convenient point for crossing the same near the town
of Hickman, Kentucky, and to the bridging or otherwise providing a safe
crossing of all the creeks and bayous and cause-ways across the low and level
parts of the Mississippi bottom, on the route of said road under the direction
of a president and seven directors to be previously chosen from among the
subscribers to said stock; provided that it shall be lawful for the said company
after the sum of six thousand dollars shall have been subscribed to organize
themselves in order, under such rules and regulations as they shall adopt
for the transaction of business; to proceed to mark, lay out and survey the
route for the said road, said turnpike and bridges shall be of such elevation
and width as the officers of said company shall direct; to receive deeds of
conveyance for the same by donation, covenant or purchase, and again to release, sell or convey the same or any part thereof in the name of said company or their succesors in office.
§ 2. After six thousand dollars shall have been subscrbed, and the company shall have been organized, the said stockholders shall, and ever year
thereafter, hold an election for president and directors, whose time of service
shall be one year and until their successors are duly elected and qualified,
and the persons named in this act shallhold their office for one year after the
date of their organization, and always be eligible to re-election; provided
that none but stockholders shall vote or be eligible as president  or director.
§ 3. The said company may in case the title cannot otherwise be obtained proceed to lay out and construct the said road on lands on their route belonging to others, the owner or owners whereof shall have the same remedy
as is now provided bylaw for the establishment of county roads.
§ 4. It shall be lawful for the said company to construct, causeways and
bridges so as to make the said road a safe, easy and convenient road for
wagons, pleasure carriages, or any mode of travelling thereon, and be allowed rates, fees and reward therefor, as the county court for Scott county may
adjudge equitable and just in consideration of the use thereof, and the cognizance whereof is hereby conferred upon the said county court, or other tribunal transacting county business for said county of Scott, and the said
county may from time to time, alter said rates so as to comport with
the conditions of the road, or to them seem just towards the company.
finish the said road as their means shall permit until the same shall be made
a good road, to erect good and substantial bridges over the bayous and causeway across the low and wet places of the Mississippi bottom, and to have
hold and enjoy the rights, privileges, and profits ofthe said road together with
the land or road herein described, and when it shall be found necessary for
constructing the same, or for the advantages of locating the said road, to
purchase any tract or tracts of land, on the said route, and again to sell or
dispose of the same, in whole or in part, and to make and execute deeds of
conveyance therefore in the name of the said company.
§ 6. The said company shall cause to be made, and kept a journal of
their acts, just and accurate accounts of the expenses and payment made on,.
Identifier LAWS_9th_1836-1838_0304.tif
Transcript 804 TURNPIKES. ander Mills, Brice W. Hughes, Joseph Hunter and Richard Beckwith, be and they are hereby constituted a body politic and corporate by the name and style of the "Southern Turnpike company," with a capital stock of twenty thousand dollars, to be raised in shares of one hundred dollars each, in the ordinary manner of subscription of stock to be paid and made payable to the said company in such manner, at such times, places and proportion, as the said company shall propose'and dasignate, and to be applied to the construction of a road or public highway from the south-west corner of township twenty-seven in range fifteen east on the state, road in Scott county to the Mississsippi river, at a convenient point for crossing the same near the town of Hickman, Kentucky, and to the bridging or otherwise providing a safe crossing of all the creeks and bayous and cause-ways across the low and level parts of the Mississippi bottom, on the route of said road under the direction of a president and seven directors to be previously chosen from among the subscribers to said stock; provided that it shall be lawful for the said company after the sum of six thousand dollars shall have been subscribed to organize themselves in order, under such rules and regulations as they shall adopt for the transaction of business; to proceed to mark, lay out and survey the route for the said road, said turnpike and bridges shall be of such elevation and width as the officers of said company shall direct; to receive deeds of conveyance for the same by donation, covenant or purchase, and again to release, sell or convey the same or any part thereof in the name of said company or their succesors in office. § 2. After six thousand dollars shall have been subscrbed, and the company shall have been organized, the said stockholders shall, and ever year thereafter, hold an election for president and directors, whose time of service shall be one year and until their successors are duly elected and qualified, and the persons named in this act shallhold their office for one year after the date of their organization, and always be eligible to re-election; provided that none but stockholders shall vote or be eligible as president or director. § 3. The said company may in case the title cannot otherwise be obtained proceed to lay out and construct the said road on lands on their route belonging to others, the owner or owners whereof shall have the same remedy as is now provided bylaw for the establishment of county roads. § 4. It shall be lawful for the said company to construct, causeways and bridges so as to make the said road a safe, easy and convenient road for wagons, pleasure carriages, or any mode of travelling thereon, and be allowed rates, fees and reward therefor, as the county court for Scott county may adjudge equitable and just in consideration of the use thereof, and the cognizance whereof is hereby conferred upon the said county court, or other tribunal transacting county business for said county of Scott, and the said county may from time to time, alter said rates so as to comport with the conditions of the road, or to them seem just towards the company. § 5. It shall be lawful for the said company to proceed progressively to finish the said road as their means shall permit until the same shall be made a good road, to erect good and substantial bridges over the bayous and causeway across the low and wet places of the Mississippi bottom, and to have hold and enjoy the rights, privileges, and profits ofthe said road together with the land or road herein described, and when it shall be found necessary for constructing the same, or for the advantages of locating the said road, to purchase any tract or tracts of land, on the said route, and again to sell or dispose of the same, in whole or in part, and to make and execute deeds of conveyance therefore in the name of the said company. § 6. The said company shall cause to be made, and kept a journal of their acts, just and accurate accounts of the expenses and payment made on,.