|
|
SEC. 18. And be it enacted, That this company
shall have power from time to time and at all limes, to
increase its capital stock by additional subscriptions to
the amount or to amounts sufficient to effectuate the
objects of this act and construct the rail roads contem-
plated by it, and from time to time borrow money for
corporate purposes or uses, not exceeding in the aggre-
gate of the whole amount so borrowed, half a million
of dollars.
|
Power to in-
crease capital
stock.
|
|
|
|
SEC. 19. And be it enacted, That the said company
shall have full power to purchase and hold all real estate
necessary for the purposes of the said rail road or any
of their works, to buy and build wharves, houses and
shops for corporate purposes, to purchase and hold steam-
boats to ply in connection with the said roads to any
other place or places whatsoever, and to contract with
the owner or owners of any steamboat, and any other
rail road or other company, for transportation and pas-
sage to and from the said roads, and when the final
survey of any part of the said road shall be made by
the companies engineer, such survey shall be recorded
in the recorder or clerk's office of the county where the
land surveyed is situated, and the record thereof shall
be evidence of the route and limits of the said road.
|
Power to pur-
chase real
estate.
|
|
|
|
SEC. 20. And be it enacted, That in case the said
company shall hereafter misuse or abuse the privileges
hereby granted, and shall be lawfully convicted of such
misuse or abuse, the Legislature shall have power to
revoke or amend this charter.
|
Reservation.
|
|