Who may subscribe. 400 shares. Letters patent. dent and managers of said company, in pursuance of an act of the general assembly of this commonwealth, by which said company is incorporated, for the purpose of making an artificial road from Monroe or Uniontown, in Fayette county, to the Virgina State Line, near Springhill Furnace, in Springhill township, Fayette county; Witness our hands, the day of Anno Domini, one thousand eight hundred and thirty-seven," and shall thereupon give notice, in one or more of the public papers printed in Uniontown, for one calendar month at least, of the times and places when and where the said books shall be open to receive subscriptions for the stock of said company, at which respective times and places, some one or more of said commissioners shall attend, and permit all persons of lawful age, who shall offer to subscribe in said books, in their own name or names, or in the name or names of any other person or persons who shall duly authorize the same, for any number of shares of the said stock; and the said books shall be kept open respectively for the purpose aforesaid, at least six hours in every juridical day, for the space of six days, or until the said books so opened, shall have at least forty shares therein subscribed, and if at the expiration of the said six days, the books aforesaid, or any one of them, shall not have the number of shares aforesaid therein subscribed, the said commissioners respectively having charge of said books, may adjourn from time to time, and transfer the said books from place to place, until the whole number of shares shall be subscribed, of which adjournment and transfers, the commissioners aforesaid may, if they think proper, give public notice, and when the whole number of shares subscribed in all the books, shall amount to four hundred shares, the same shall be closed. SECTION 23. When fifteen or more persons shall have subscribed one hundred or more shares of the said stock, the commissioners, or any two or more of them, shall certify, under their hands and seals, the names of the subscribers, and the number of shares subscribed by each, to the Governor, and thereupon, it shall and may be lawful for the Governor, by letters patent, under his hand, and the seal of the state, to create and erect the subscribers, and if the said subscription be not full at the time, then also those who shall afterwards subscribe to and for the number of shares aforesaid, into a body politic and corporate, by the name, and style and title of "The president, managers and company of the Name, style Fayette county Turnpike road," and by the said name the said subscribers shall have perpetual succession, and all the privileges and franchises incident to a corporation, and shall and title. be capable of taking and holding their capital stock, and Privileges & the increase and profits thereof, and of enlarging the same liabilities. from time to time, by new subscriptions, in such manner and form as they shall think, if such enlargement shall be found necessary to fulfil the intent of this act, and of purchasing, taking and holding, to them and their successors and assigns, and of selling, transfering and conveying, in fee simple, or for any less estate, all such lands, tenements, hereditaments and estates, real and personal, as shall be necessary to them in the prosecution of their works, or for the collection of their tolls, and of suing and being sued, and of doing all and every other matter and thing which a corporation or body politic may lawfully do: Provided always, Provieo. That if the said company shall at any time issue any note or notes, in the nature or manner of bank notes, or shall transact any business in the nature or manner of banking, then, in either of those cases, their chartered privileges shall cease, and revert to this commonwealth. SECTION 24. The commissioners, as soon as inay be after said letters patent shall be sealed and obtained, shall give Organization notice, in one or more papers printed in the said Uniontown, of a time and place by them to be appointed, and less than thirty days from the publication of the first notice, at which time and place, the said subscribers shall proceed to organize the said corporation, and shall choose, by a majori ty of votes of the subscribers, by ballot, to be delivered in person, or by proxy duly authorized, one president, four managers, one treasurer, and one secretary, to conduct the business of said company for one year, and from thence until the next annual election, and until their successors shall be chosen, and organized agreeably to the provisions of this act, and in case of the death, removal out of the county of Fayette, or resignation of any president or manager, treasurer or secretary, the board of managers may and shall choose another stockholder to supply the vacancy, until the next annual election of said company, and the said president and managers so to be chosen, and their successors, may and shall make such by-laws, rules, orders and regulations, To have not inconsistent with the constitution and laws of this state, like powers and be sub, or of the United States, as shall be necessary for the well ject to like ordering of the affairs of the said company, and generally, duties, etc., shall have like powers, authorities and privileges, and be of the Pittssubject to all the duties, qualifications, restrictions, penal- burg and ties, fines and forfeitures, and be entitled to like tolls and Greensburg Turnpike profits, in proportion to the distance, as are given and granted road comp'y to the president, managers and company of the Pittsburg and Greensburg turnpike road, by the several acts of this Proviso. Power to ex commonwealth: Provided, If the said company shall not proceed to carry on the said work in five years after the passage of this act, or shall not within seven years thereafter complete the said road, according to the true intent and meaning of this act, then, in either of those cases, it shall and may be lawful for the legislature of this commonwealth, to resume all and singular, the rights, privileges, liberties and franchises by this act granted to said company. SECTION 25. That the said commissioners shall have tend the road power to extend said road to New Haven, on the Youghioto N. Haven. gheny river, in said Fayette county: Provided, Such extension be required by the citizens, and sufficient stuck be subscribed for that purpose. SECTION 26. That the second section of an act entitled "An act to incorporate the Summit Coal company," approSummit Coal ved the eighteenth day of March, A. D. one thousand eight comp'y. may hundred and thirty-six, be so amended that said company Schuylkill may hold land in Schuylkill county: Provided, The same be within two miles of the Luzerne county line. hold land in county. LEWIS DEWART, Speaker of the House of Representatives.. Speaker of the Senate. APPROVED-The twentieth day of May, one thousand eight hundred and thirty-seven. JOS RITNER. RESOLUTIONS. No. 1. Resolution Relative to the Bridge at Duncan's Island. Resolved by the Senate and House of Representatives of the Commonwealth of Pennsylvania, in General Assembly met, That the Canal Commissioners be, and they are hereby authorized and required forthwith to cause a plan and estimate to be prepared for a new towing path and traveling bridge across the Susquehanna at Duncan's Island, and to invite proposals in the usual manner, for the construction of said bridge, and to allot the said work to the person or persons whose proposals shall be most advantageous to the commonwealth: Provided, That no contract shall be made, nor the Proviso. commonwealth become in any manner bound to the person or persons proposing, until a specific appropriation for the construction of said bridge shall be made by law. LEWIS DEWART, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-The twenty-third day of December, Anno Domini, one thousand eight hundred and thirty-six. JOS: RITNER. No. 2. Resolution Relative to avoiding the Inclined Plane at Columbia. Resolved by the Senate and House of Representatives of the Commonwealth of Pennsylvania, in General Assembly met, That the sum of twenty-five thousand dollars, appropriated by the resolution of the sixteenth of June, one thousand eight hundred and thirty-six, towards the expense of avoiding the inclined plane at Columbia, shall be paid out of any money in the treasury not otherwise appropriated. LEWIS DEWART, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-The twenty-first day of January, Anno Domini, one thousand eight hundred and thirty-seven. JOS RITNER. No. 3. Resolution Relative to the purchase of the History and Biography of the Indian Tribes of North America. Resolved by the Senate and House of Representatives of the Commonwealth of Pennsylvania, in General Assembly met, That the Secretary of the Commonwealth be authorized to subscribe for two copies of the national work, The History and Biography of the Indian Tribes of North America," with portraits, copied from the Indian gallery in the Department of War at Washington city, by C. B. King, by order of the government, to be placed in the state library, and to draw on the State Treasurer for the amount of subscription, when said copies are delivered. LEWIS DEWART, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-The twenty-first day of January, in the year of our Lord one thousand eight hundred and thirty-seven. |