Year: 1867

associated with them, and their Successors, are
hereby created and erected into body corporate |
and polite, in deed and in law, by the name,
style, and title of the Z" Atlantic and Pacific Rail
road Company" and by that name shall have
perpetual succession, and shall be able to sue and
be sued, plead and be impleaded, defend and be
defended, in all courts of law and equity within
the United States, and may make and havea COM
mon seal. And said corporation is hereby au-
thorized and empowered to lay out, locate, and
construct, furnish, maintain, and enjoy, contin-
uous railroad and telegraph line, with the appur-
tcnances namely: Beginning at or near the town
of Springfield, in the State Of Missouri, thence to
the western boundary line ofsaid State, and thence
by the most eligible railroad route as shall be de-
tcrmincd by said company to point on the Can
adian River, thence to the town of Albuquerque,
on the River Gel Norte, and thence by way OF the
Aqua Frio, or other suitable pass, to the head
waters of the Colrado Chiquito, and thence, along
the thirty-fifth parallel of latitude, 6r as may
be fonnd most suitable foTEa rail way y, to the
Colrado River, at such pos as may uNNDe selec-
ted by said co!.pahy for srossing; thence by the
most practicable and eligible route, to the Pacific
The said company shall have the right to con-
struct branch from the point at which the road
strikes the Canadian River, eastwardly, along the
most suitable route as selected, to point IN the
western boundary line of Arkansas, at or near the
town of Van Buren,. And the said company Is
hereby vested with all the powers, privileges, and
mmunities necessary to carry into effect the pur-
poses of this act, as herein set forth. The capital
stock of said company shall consist of one million
shares of one hundred dollars each, which shall





shall be transferable in such manner as the laws
of said corporation shall provide. The persons
hercinbefore named are hereby appointed COM
lnssioners, and shall be called the board of COM
missioncrs of the "Atlantic and Pacific Railroad
Company" and fifteen shall constitute quorum
for the transaction of business. The first meet
ing of said board of commissioners shall be held
at the Turner Hall, in the city of Saint Louis, OH
the first day of October, ammo Domini eighteen
hundred and sixty or at such time within three
months thereafter as any ten commissioners here
CHI nj
which shall be given by them to the other COM
missioncrs by Publishing said notice in at least
one daily newspaper in the cities of Boston, New
York, Cincinnati, Saint Louis, Memphis, and
Nashville, once week for at least four weeks
previous to the day of meeting. Said board shall
organize by the choice from its number of
president, vicepresdcnt, secret iry and treasurer
and they shall require from said treasurer such
bonds as may be deemed proper, and may from
time to time increase the amount thereof, as they
may deem proper. The secretary shall be sworn
to the faithful performance OF his duties and
such oath shall be entered upon the records OF
the company, signed by him, and the oath
verified thereon. The president and secretary of
said boards shall, in like manner, call all other
meetings, naming the time and place thereof
1t shall be the duty of said board of commission
crs to open books, or cause books to be opened,
at such times and in such principal cities or other
places in the uitcd States as they or or q quo
rum of them shall determine, within twelve
months after the passage of this act, to receive
subscriptions to the the capital stock of said cor





on all subscriptions, and 10 receipt therefor. So
soon as ten thousand shares shall in good faith be
subscribed for and ten dollars per share actually
pail in the treasury of the company, the said
president and secretary of said board of commits
sioncrs shall appoint time and place for the first
meeting of the subsribert to the stock of said COM
pany and shall give notice thereof in at least one
newspaper in each State in which subscri ption
books have been opened at least fifteen days pre-
vious to the day of meeting, and such subscribers
as shall attend the meeting called, either in
person or by lawful proxy, then and there shall
elect, by ballot, thirteen directors for said corpo
ration and in such election each share of said
capital stock shall entitle thereof to one vote
The president and secretary of the board of COM
missioners and in case of their absence or inabl-
ity anv two of the of tie officers of said board,
shall act inspectors of said election and shall
certify, under their hands, the names of the
directors elected at said meeting. And the said
commissioners, treasurer and secretary shall then
deliver over to said dirsclors all the moneys,
properties subscription books, and other books
in their possession, and thereupon the duties OF
said commissioners and the officers previously
appointed by them shall cease and determine for
ever and thereafl cr the STOCKHOLDERS shall consti-
tute said body polite and corporate. Annual
meetings of the Stockholders of the said corpora
ton for the choice of officers (whcn they are to
be chosen and for the transaction of business,
snail be holden at such tins and place and upon
such notice may be prescribed in the by laws.


ITO BE CoNTINUED.)