Compilation of the Laws in Reference to Such Railroads as Have Received Aid from the State: Compiled Under the Provisions of a Resolution of the House of Representatives, Adopted on the 14th March, 1859 (Google eBook)

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W.G. Cheeney, public printer, 1859 - Railroad land grants - 153 pages
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Page 149 - Every such corporation shall start and run their cars for the transportation of passengers and property at regular times to be fixed by public notice, and shall furnish sufficient accommodations for the transportation of all such passengers and property, as shall within a reasonable time previous thereto, offer or be offered for transportation...
Page 125 - ... with full power to settle the affairs, collect the outstanding debts and divide the moneys and other property among the stockholders, after paying the debts due and owing by such corporation at the time of its dissolution, as far as such money and property will enable them; to :sue for and recover such debts and property by the name of the trustees of such corporation, describing it by its corporate name...
Page 149 - If any passenger shall refuse to pay his fare, it shall be lawful for the conductor of the train and the servants of the corporation to put him. and his baggage out of the cars, using no unnecessary force, at any usual stopping place, or near any dwelling house, as the conductor shall elect, on stopping the train.
Page 129 - ... and for that purpose may make and sign articles of association, in which shall be stated the name of the company; the number of years the same is to continue ; the places from and to which the road is to be constructed, or maintained and operated ; the length of such road as near as may be...
Page 137 - ... commissioners to ascertain and appraise the compensation to be made to the owners or persons interested in the real estate proposed to be taken in such county for the purposes of the company, and to fix the time and place for the first meeting of the commissioners.
Page 125 - If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted so long as they shall respectively continue in office...
Page 134 - Xo person holding stock in any such company, as executor, administrator, guardian or trustee, and no person holding such stock as collateral security, shall be personally subject to any liability as stockholder of such company...
Page 129 - ... the places from and to which the road in to be constructed, or maintained and operated ; the length of such road, as near as may be, and the name of each county in this state through or into which it is made, or intended to be made...
Page 35 - ... and the directors of the company may confer on any holder of any bond issued for money borrowed as aforesaid, the right to convert the principal due or owing thereon, into stock of said company, at any time not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt.
Page 54 - Each shareholder shall be individually liable to the creditors of the company to an amount equal to the amount unpaid on the stock held by him...

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