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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 393   View tiff image (52K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 393

signed by the president under the seal of the corpora-

 

tion.

 

SEC. 17. And be it enacted, That it shall be lawful

 

for such corporation whenever it may be necessary

Be lawful.

in the construction of such road to cross any road

 

or stream of water to divert the same from its pre-

 

sent location or bed, but said corporation shall

 

without unnecessary delay place such road or stream

 

in such condition as not to impair its former useful-

 

ness; and provided such corporation shall be liable

 

for damage caused by such diversion of any stream.

 

SEC. 18. And be it enacted, That such corporation

Establish

shall as soon as convenient after its organization,

office.

establish a principal office at some point on the line

 

of its road, and change the same at pleasure, giving

 

public notice in some newspaper, of such establish-

 

ment or change.

 

SEC. 19. And be it enacted, That every company

 

organized under this act, shall be required to erect

 

at all points where their road shall cross any public

Erect sign.

road, at a sufficient elevation from such public road

 

to admit of the free passage of vehicles of every kind,

 

a sign with large and distinct letters placed thereon,

 

to give notice of the proximity of the railroad, and

 

warn persons of the necessity of looking out for the

 

cars, and any company neglecting or refusing to

 

erect such sign shall be liable in damages for all in-

 

juries occurring to persons or property from each

 

neglect or refusal.

 

SEC. 20. And be it enacted, That each and every

 

railroad company incorporated under this act, shall

Report annu-

annually, in the month of January, make a full re-

ally.

port of the condition of its affairs to the Comptroller,

 

showing the amount of the capital stock of such

 

company, the gross amount of tolls or receipts dur-

 

ing the previous year, the cost of repairs and inci-

 

dental expenses, the net amount of profits and the

 

dividends made, with such other facts as may be

 

necessary to a full statement of the affairs and con-

 

dition of such road, and the Comptroller shall pre-

 

sent an abstract copy of such report to the General

 

Assembly at each session thereof.

 


 

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Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 393   View tiff image (52K)
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