No. 674. AN ACT To incorporate the Bedford Gas Company. Section 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assem. bly met, and it is hereby enacted by the authority of the same, That William T. Daugherty, John Cessna, Jacob Reed, William P. Corporators. Schell, Samuel H. Tate, E. L. Anderson, Samuel L. Russell, Daniel Washa baugh, Alexander King, George D. Shuck, John Mower and Oliver E. Shannon, and their successors and associates, be and the same are hereby made and constituted a body politic and corporate, by the name and style of the Bedford gas Style. company, and by the said name, they and their successors shall and may have perpetual succession, and shall be in law capable of suing and being sued, pleading and being impleaded in all courts Powers. and judicatories whatever, and also of contracting and being contracted with, relative to the business and objects of said corporation, as hereinafter declared ; and they and their successors may have a common seal, and may change and alter the same at pleasure, and shall have power to lease and purchase, in fee simple, or otherwise, such real estate as may be necessary for carrying on the business of said corporation, and in their corporate name to borrow money, and to make and execute obligations for the liabilities created in the transaction of said business of the corporation. Section 2. That the said corporation shall have exclusive au- Gas works. thority to supply with gas light, the borough of Bedford and its vicinity, in the county of Bedford, and such persons, partner. ships and corporations residing and being therein, as may desire the same, at such price as may be agreed on; and also to make and erect, within said borough, or adjacent thereto, the necessary buildings, machinery and apparatus, for manufacturing and distributing the same, with the right to enter upon any public street, lane, alley or highway, for the purpose of laying down pipes, altering, inspecting and repairing the same, doing as little damage to said streets, lanes, alleys or highways, and impairing the free use thereof as little as possible. Section 3. That the capital stock of said corporation shall be Capital stock. thirty thousand dollars, to be divided into shares of twentyfive dollars each, and may be increased from time to time, not to exceed fifty thousand dollars, as the managers thereof shall deem necessary; for all of which stock, certificates shall be issued, signed by the president and countersigned by the secretary, and sealed with the common seal of said corporation, which certificates shall be transferable only by the owner thereof, or by attorney duly authorized for that purpose, in the presence of the president or secretary, in a book kept for that purpose by said corporation : Provided, That a majority of the Proviso. managers are satisfied said transfer shall be made. Organisation. Section 4. That the said named persons, or a majority of them, shall, as soon as one hundred shares of stock are subscribed, give at least two weeks' previous notice, in two news. papers published in said borough, of the time and place by them appointed for the subscribers to meet, in order to organize the said company, and to choose by a majority of votes of the said subscribers, by ballot, to be given in person or by proxy duly authorized, six managers, to serve until their successors shall be duly elected, which shall be, annually, on the first Monday in March thereafter; and said managers shall have power to select one of their number as president, and also a secretary and treasurer, to serve for the same term, and the manner of conducting said election shall be prescribed in the by-laws of said corporation; and at all elections the stockholders shall be entitled to one vote for each share of stock bona fide held by him, her or them, either as trustees, executors or administrators, at the time of holding said election. Section 5. That the board of managers of this corporation By-laws. shall have power to make by-laws for their own regulations not inconsistent with the laws of this commonwealth, and shall keep minutes of their proceedings, which shall at all proper times be open to the inspection of the stockholders, and all such acts and things for the proper regulation and government of the corporation as they may deem necessary; they shall have power Dividends. to declare dividends of so much of the net profits of the corpo ration, as shall appear to them to be advisable, and at such times as the by-laws may fix, which shall be paid to the stockholders, on demand, ten days after the same shall have been declared. Penalty for ille- Section 6. That if any person or persons shall open a comgally using gas. munication into the gas pipes of the said company, without au thority from the proper officer thereof, or shall let on the gas after it has been stopped by order of the company or its authorized agent, or use any gas without drawing it through the metres put up for the purpose of measuring the same, or shall put up any pipes or burners without having them inspected and approved by the proper officer appointed by the corporation to inspect, at proper times, and under circumstances, the pipes, metres and burners, et cetera, put up in any building, he, she or they so offending, shall be subject to a penalty of not less than twenty, nor more than eighty dollars, to be recovered before any justice of the peace, as debts under one hundred dollars are recovered, one-half to go to the informer, who shall be a competent wit ness, the other half to the company. Penalty for inju. Section 7. That if any person shall wilfully or maliciously ry to works. do, or cause to be done, any act or acts whatever, whereby any building, construction or works of said company, or any gas pipe, gas post, gas burner or reflector, or any matter or thing appertaining to the same, shall be stopped, obstructed, injured or destroyed, the person or persons, so offending, shall be considered guilty of a misdemeanor, and may be therefor indicted in the court of quarter sessions, and on conviction thereof, shall be punished by a fine of not less than one hundred dollars, nor more than five hundred dollars, or be imprisoned for a period of time not less than ten days, nor more than one year, or both, at Proviso. the discretion of the court : Provided, That such prosecution 1 shall in no way impair the right of said company to a full compensation in damages by a civil suit. Section 8. That if any subscriber for stock to said company, Payment of stook or his, her or their assigns, shall refuse or neglect to pay any instalment called for by the said company at the place appointed, and the same shall remain unpaid for thirty days after the time appointed, he, she or they shall, in addition to the instalment called in, pay at the rate of five per çentum per month for delay; and if the same shall remain so long, that the penalty shall amount to the sum actually paid in by the said stockholders, it shall be in the power of the said company to forfeit said stock, and the amount paid thereon may be disposed of by the said company as will best promote their objects. Section 9. That the managers of said company are hereby May issue cerauthorized to issue certificates of credit, or evidences of indebt- tificates of credit, &c. edness, for any sum or sums of money, not exceeding twenty thousand dollars at any one time, for the purpose of aiding them in the construction of their works, and managing the business of the company; said certificates shall be signed by the president and attested by the secretary, and shall have such interest as may be agreed upon, not exceeding eight per centum per an. num; said certificates shall be made payable at the office of the company, within twenty years from the time of issuing thereof : Provided, That said certificate shall not issue for a less sum Proviso. than one hundred dollars; and to secure the payment of said certificates, there shall be a general mortgage given upon the real estate, and all the effects of the said company, for the benefit of such person or persons as may at any time hold certificates : Provided, That stockholders of said company shall be jointly Individual liaand severally liable, in their individual capacities, for all debts bility. due mechanics, workmen and laborers employed by, and for material furnished to said company, to be sued for and collected as provided in the twelfth, thirteenth and fourteenth sections of an act incorporating the Lackawanna iron and coal company, approved April fifth, one thousand eight hundred and fiftythree. W. C. A. LAWRENCE, Speaker of the Senate. APPROVED—'The thirty-first day of March, Anno Domini one thousand eight hundred and fifty-nine. WM. F. PACKER. No. 675. A FURTHER SUPPLEMENT To the act incorporating the Duncannon, Landisburg and Broad Top Rail. road Company. Section 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That from and after the passage of this act the Shermans Valley and Name changed. Broad Top railroad company shall be named instead thereof the Pennsylvania Pacific railway company, with all the privi. leges and authorities to which they were entitled under their former name, and be subject to all restrictions and liabilities to which they were subject under the same. Section 2. That the Pennsylvania Pacifie railway company May extend road shall have authority to extend their railway westward to the state line of Maryland and Virginia, if the directors thereof shall so determine. Section 3. That said railway company shall construct twenty. Reservation. five miles of railway within five years from and after the pass age of this act, otherwise the act to which tbis is a supplement shall be null and void. W. C. A. LAWRENCE, Speaker of the House of Representatives, JNO. CRESSWELL, JR., Speaker of the Senate APPROVED-The thirty-first day of March, Anno Domini one thousand eight hundred and fifty-nine. WM. F. PACKER. No. 676. AN ACT To incorporate the Pittsburg Park Association. Section 1. Be it enacted by the Senate and House of Represen. tatives of the Commonwealth of Pennsylvania in General Assem. bly met, and it is nereby enacted by the authority of the same, That Isaac Jones, Joseph Woodwell, Wm. G. Lyon, T. B. Lyman, Jost Ruck, Springer Harbaugh, R. H. Hartley, J. F. M'Kenzie, W. J. Anderson, John S. Dilworth, James Laughlin, Chistopher Corporators. Zug, J. M’Donald Crossan, E. D. Gazżam, William Bagaly, Section 2. That the capital stock of said company shall be Capital stock. one hundred and fifty thousand dollars, with the privilege of increasing the same to two hundred thousand dollars, divided into shares of fifty dollars each. Section 3. That the stockholders of said company shall have By-laws. the right, at their first or any subsequent meetings, to establish such by-laws, for the government of the company, and for the regulation of the grounds and buildings, as they may deem expedient: Provided, The same be not inconsistent withi the pro- Proviso. visions of this act. Section 4. That at all meetings or elections, held by said Votes. company, each stockholder shall be entitled to one vote for each share of stock held by him. Section 5. That the members shall, from time to time, deter- Oficers. mine the number of their directors and officers, and shall clothe them with such powers, not inconsistent with the provisions of this act, as they shall deem expedient. Section 6. That the objects of said company shall be to pro- Objects. vide, keep and maintain, in the city of Pittsburg, and city districts adjoining thereto, grounds and other real and personal estate, of a net yearly value not exceeding six thousand dollars, suitable for gymnastic and other exercises, and amusements and purposes, and for agricultural, floral or mechanical exhibitions ; but nothing herein contained shall be so construed as to permit any thing ihat is unlawful being done on the premises : And provided, That said company shall hold lands in the city and Proviso. rural districts, not less than fifty nor exceeding, in the whole, one hundred acres. SECTION 7. That so much of the profits of said company as Profits, how dishall be deemed expedient by the directors, shall, from time to vided, &c. time, be divided amongst the stockholders, or their legal representatives; but no dividend shall be declared which will impair the capital of the company. Section 8. That the president and directors shall be elected, Election of presiby ballot, by the members of said company, at such time and dent and direcplace as shall be agreed upon by a majority of the corporators named in the first section of this act, after giving at least one week's notice thereof, in at least one newspaper published in the city of Pittsburg; and the president and directors, who shall be elected at that time, shall hold their offices until the first Mon- Terms of. day of December next, or until their successors shall have been chosen ; and on the said first Monday of December next, and on the same day in every year thereafter, there shall be an election for president and directors of the company, who shall continue in office for one year, or until their successors shall have been chosen ; said election to be held at such place as the bylaws shall determine, or the president and directors agree upon. Section 9. That an annual meeting of the members shall be annual meeting. held on the first Monday of December of each year, notice of tors. |