E. LOUIS LOWE, ESQUIRE, GOVERNOR.
385
SEC. 8. And be it enacted,
That whenever, in the
construction of said road or roads, it shall be necessary
to cross or intersect any established road or way, either
public or private, it shall be the duty of the president
and directors of said company so to construct the said
road across such established road or way as not to impede
the passage or transportation of persons or property
along the same, or where it shall be necessary to pass
through the land of any individual it shall also be the
duty to provide for such individual proper and necessary
wagon ways across said road or roads, from one
part of the land to the other.
|
To provide
wagon ways.
|
SEC. 9. And be it enacted,
That the said president
and directors, or a majority of them, shall have power
to purchase with the funds of said company, and to
place on any rail road constructed by them under this
act, all machines, wagons, vehicles or carriages of any
description whatsoever, which they may deem necessary
or proper, and they shall have power to charge for
tolls upon, and the transportation of persons, goods,
produce, merchandise or property of any description
whatsoever, transported by them, not exceeding two
cents per ton per mile for tolls for cars not owned by
the company, and four cents a ton per mile, for transportation
in cars owned by the company, and for transportation
of passengers, not exceeding four cents per
mile for each passenger and baggage, not weighing
more than fifty pounds, or occupying a space of
more than four cubic feet, and it shall not be lawful
for any other company; or any person or persons
whatsoever to travel upon or use any of the
roads of said company, or transport persons, merchandise,
produce or property of any description whatsoever
along said road or any of them, without the license or
permission of the president and directors of said company,
and tat the said road or roads, with all their
works, improvements and profits, and all the machinery
of transportation used on said road are hereby vested in
the said company, incorporated by this act, and their
successors forever, and the shares of the capital stock
of said company shall be deemed and considered personal
estate.
|
Power to purchase
machines,
&c.
Tolls.
|
SEC. 10. And be it enacted,
That the said president
and directors shall declare and make such dividends as
they may deem proper of the net profits arising from
the resources of the said company, after deducting the
|
Dividends.
|
|
 |
