ODEN BOWIE, ESQUIRE, GOVERNOR. 797
Sec. 10. And be it enacted, That there shall
he paid on every share of such stock two dollars at
the time of subscribing or organizing of said cor-
poration, and the residue of the subscription shall
be paid whenever assessed or called for by the
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Installments.
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Board of Directors, by giving thirty days' notice;
upon default in the payment of any sum due on
subscriptions, the stock may be forfeited and sold
for the payment thereof, under such regulations as
the by-laws shall prescribe, or the corporation
may by suit recover the same from the holder of
the stock at the time of the assessment thereof.
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Give notice.
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Sec. 11. And be it enacted, That the said corpo-
ration shall have authority to construct, maintain
and work the railroad mentioned in the first sec-
tion of this Act, and branches or lateral railroads
from its main line, not exceeding five miles in
length.
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Construct and
work.
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Sec. 12. And be it enacted, That for transporta-
tion on its railroads and branches, or any part
thereof, the said corporation shall have a right to
charge and collect as toll and transportation
charges, at rates not exceeding six cents per ton of
property, or four cents per passenger for each mile
of transportation, hut for any distance, twenty-
five cents may be charged for a passenger or for
any quantity of freight.
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Rate of charge
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Sec. 13. And be it enacted, That the said Rail-
road and branches may be constructed with as
many sets of tracks as the corporation shall deem
proper; and the corporation may construct and
maintain all bridges and other structures and
works which it shall deem necessary for the pur-
pose of its corporation; but the land which it shall
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Tracks.
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have a right to acquire for the construction of such
road branches and works, shall not exceed sixty-
six feet in width, besides the necessary spaces for
slopes along the main line or any branch gener-
ally, and five acres at either terminus of the main
line or a branch, and one acre at any intermediate
station.
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Acquire land.
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Sec. 14. And be it enacted, That if the corpora-
tion cannot agree with the owner for the purchase,
use or occupation of lands, gravel, earth, timber,
or other material required for the construction,
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Condemn.
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