Abbildungen der Seite
PDF
EPUB

the line of said railroad at or below the town of Weatherly, in the said county of Carbon, and it shall be lawful for the said company to vacate that part of their railroad, including the inclined planes situate between the two points above mentioned.

bonds.

SECTION 2. That for the purpose of enabling the said Beaver Meadow Authority to israilroad and coal company, to construct said railroad, to avoid the said sue additional inclined planes, to make a double track the entire length of their railroad, to construct additional sidings, rebuild the bridges and otherwise improve the said railroad and its appurtenances, and to build or purchase locomotive engines and cars for the business of said railroad, and to pay their debts, it shall and may be lawful for the stockholders of said company to authorize their president and managers, in addition to any debts heretofore contracted by the said company, to issue from time to time, bonds in the corporate name and under the common seal of the said company, in sums of one thousand dollars, payable at any period not later than thirty years after their date, with coupons attached to the same for interest thereon, payable semi-annually, at the rate of six per cent. per annum, the said bonds shall not in the whole exceed the sum of eight hundred thousand dollars, and it shall and may be lawful for the said stockholders, at such a meeting as aforesaid, to authorize the said president and manages to secure the payment of said bonds and coupons, by executing in the corporate name and under the Payment of common seal of the said company, a mortgage on all or on any part of bonds. the real, and of the personal property of the said company, in form they may see fit, and the said mortgage may also include the tolls, rents, issues and profits of said company or any part thereof, and if the said mortgage shall so stipulate, the said president and managers may continue in the possession and management of the mortgaged property, as well personal as real, without prejudice to the security of the said mortgage thereon, and it shall and may be further lawful for the said stockholders at such a meeting as aforesaid, to empower the said president and managers to sell and dispose of the said bonds by this section authorized to be issued, from time to time, for the best price or prices which can be obtained for the same, and the purchaser of said bonds authorized to be issued as aforesaid, shall not be deemed usurious or in violation of any law of this Commonwealth prohibiting the taking of more than six per centum interest, and that the holders of the said bonds, so to be issued as aforesaid, may with the consent

any

of the Beaver Meadow railroad and coal company, convert the said Conversion of bonds into the capital stock of the said company, and further, it shall bonds into capiand may be lawful for the said company, to issue shares of the capital tal stock. stock of the said company in exchange for, or in payment of said bonds, as the case may be, and that the said company may declare and pay to the stockholders thereof, dividends of so much of the profits of said company, as may from time to time be earned, not exceeding twelve per cent. per annum on the capital stock of said company.

SECTION 3. That all laws or parts of laws heretofore passed in refereace to the Beaver Meadow railroad and coal company inconsistent with the provisions of this act, be, and the same are hereby repealed. W. P. SCHELL,

Speaker of the House of Representatives.

THO. CARSON,
Speaker of the Senate.

APPROVED-The fifteenth day of March, A. D., one thousand

ight hundred and fifty-three.

WM. BIGLER.

No. 135.

AN ACT

Relative to defining the limits of the borough of Venango, in Crawford county; to the sale of real estate in Montgomery county; to the inspection of ground black oak bark; relative to the boundary line between Centre, Mifflin, and Huntingdon counties; and repealing the act attaching the farm of Levi Bull to the township of Nantmeal, Chester county, for school purposes, and relative to the Northern Liberties and Penn Township railroad 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 Limits of Ve- the limits of the borough of Venango, in the county of Crawford, be, nango borough. and is hereby restricted to an area not exceeding one hundred and fifty acres, and so located as to embrace the existing plan of village lots actually laid out, and that Beaty Henry, B. and A. W. Momford, are hereby appointed to survey and define upon the ground the lines and limits of said borough, in accordance herewith, and subject to the approval of the court of quarter sessions of said county, and that so much of the act incorporating said borough as is inconsistant herewith and constitutes the same a separate school district, be, and the same is hereby repealed.

to sell certain real estate.

George W. and SECTION 2. That George W. Dewees, trustee of Louisa B. Dewees, Louisa B. De- be, and he is hereby authorized and empowered to sell at public sale, wees authorized for the highest price that can be obtained, the following real estate situate in the county of Montgomery, and mentioned and described as follows, to wit: No. 1, all that certain messuage or tenement and tract of land situate in the borough of Bridgeport, in the said county of Montgomery, bounded by De Kalb street, formerly called the State road, and by lands of Jacob Shambline, Abner Supple, and others, containing thirty-eight acres and one hundred and fifty perches of land, more or less, with the appurtenances, being the same premises which Samuel Moore and Henrietta, his wife, by their indenture bearing date the first day of April, Anno Domini, eighteen hundred and fifty, and recorded at Norristown in the office for recording of deeds, &c., in and for the county of Montgomery, in deed book number seventy-seven, page fiftyfour, &c., did, for the consideration therein mentioned, grant and confirm unto the said George W. Dewees, trustee for the said Louisa B. Dewees, in fee number two, all that certain tract or lot of ground situate in the borough of Bridgeport, aforesaid, bounded and described as follows, to wit: Beginning at the margin of the canal, in a line of land belonging to the Schuylkill navigation company, thence by the same eighty feet to a corner in the margin of the Schuylkill road, thence along the margin of said road forty feet to a corner of lands of Eli G. McCarter, thence by the same eighty feet to the canal aforesaid, thence up the same forty feet to the place of beginning; number three, all that certain town lot in the said borough of Bridgeport, marked and numbered as number twenty-five, in a plan of lots laid out by Cadwalader Evans, and particularly mentioned and described in a certain indenture executed by the said Cadwalader Evans, and Rachel P., his wife, to the said George W. Dewees, trustee as aforesaid, dated the twenty-ninth day of March, Anno Domini, eighteen hundred and fifty, and recorded in

the office for recording of deeds, &c., at Norristown, in and for the county of Montgomery, in deed book number seventy-seven, page fiftytwo, and to execute deeds for the same, or any part thereof, to the purchaser or purchasers of the same, he the mid trustee to invest the net proceeds of sale in good securities, upon the same trusts and for the same uses and purposes as are mentioned and declared in a certain indenture tripartie, made the fifteenth day of December, Anno Domini, eighteen hundred and forty-nine, between George W. Hol. stein of the first part, George W. Dewees of the second part, and Lonisa B. Dewees, late Louisa B. Holstein, then the wife of the said George W. Dewees, of the third part, and duly recorded in the office for recording of deeds, &c., at Norristown, in and for said county, in miscellaneous book number seven, page one, &c., and to convey the premises to the purchaser or purchasers, freed and discharged from the trust referred to in said last mentioned indenture.

SECTION 3. That from and after the passage of this act, all ground Inspectors of black oak bark designed for exportation from the port of Philadelphia ground black in bags or in any other form not mentioned in the act to which this is oak bark. asupplement, shall be inspected, branded and marked in the manner prescribed in said act, for which service the same fees for inspection or storage shall be paid as is now allowed by law.

certain act made applicable.

SECTION 4. That all the provisions of the act relative to the inspec- Provisions of tion of bark, to which this is a supplement, are hereby extended and made applicable to the preceding section. SECTION 5. That William Christy, of Huntingdon county, Commissioners. James Alexander, of Mifflin county, and Henry P. Treziyuluy, of Centre county, be, and they are hereby appointed commissioners, whose duty it shall be to employ a proper number of assistants, and the said commissioners or a majority of them shall correctly run and mark distinctly the boundary line or lines between the counties of Centre and Mifflin, and Huntingdon and Centre, and it

shall be the duty of said commissioners to lay down on their drafts the Duties of comtracts of land through which the lines may pass, agreeably to the act missioners. of the Assembly creating said counties, and the supplements thereto, and the said commissioners or a majority of them shall make out four drafts, one of which shall be filed in the commissioners' office of each of the said counties, and the other to be filed in the Surveyor Generals' office, and there kept as a matter of record, and the said commissioners shall each receive the sum of three dollars for each and every day they may be necessarily employed in running and marking said boundary line, and the assistants each the sum of one dollar and twenty-five cents for each and every day they may necessarily be employed as aforesaid, one-third of which shall be paid out of the treasury of each of said counties, and the said commissioners are required to perform the duties enjoined by this act on or before the first day of December next, aud the report of said commissioners be final and conclusive.

SECTION 6. That the ninth section of the act of the ninth day of Repeal. April, one thousand eight hundred and forty-nine, attaching the farm

and premises of Levi Bull, to East Nantmeal, in the county of Chester,

for school purposes, be and the same is hereby repealed.

ern Libesties

ship railroad

SECTION 7. That the Northern Liberties and Penn Township railroad Duties of Northcompany, their successors and assigns shall be obliged and required, and Penn Townand they are hereby obliged and required to pave and keep paved and repaired the said railroad between the several curbs, in the same man- company. ner as the streets in the districts of the Northern Liberties and Spring Garden are usually kept and repaired, so, however, as not to injure or impair the proper use of the rails of said road, and in case the

said company, successors and assigns shall neglect or refuse to pave and keep paved and repaired the said railroad in the manner above mentioned, after notice to them for that purpose shall have been given by the commissioners of said districts or of either of said districts, who are hereby authorized and required to give the same in the same manner as notice is generally given by them, then it shall be lawful, and they are hereby required from time to time to do or cause such paving and repairing to be forthwith done, as the same is done in other cases by said commissioners, and the costs and expenses thereof with the usual interest and commissions shall be charged to the said company, their successors and assigns, which shall be a lien on said railroad with the privileges and appurtenances, and be recovered as the costs and expenses of paving and grading in other cases are recoverable, and so much of the act, entitled "An Act to incorporate a company to make a railroad through the northern section of the county of Philadelphia, from the river Delaware to the Schuylkill, or to terminate at a junction with the Columbia railroad, to be called the Northern Liberties and Penn Township railroad," approved the twenty-third day of April, one thousand eight hundred and twenty-nine, or any other law or laws relating thereto as is hereby altered or supplied, shall be and the same is hereby repealed.

W. P. SCHELL,

Speaker of the House of Representatives.

THO. CARSON, Speaker of the Senate.

APPROVED-The fifteenth day of March, A. D., one thousand eight hundred and fifty-three.

WM. BIGLER.

President and

Manheim and

No. 136.

AN ACT

Authorizing the Manheim and Lebanon plank and turnpike road company to borrow money, extend their road, and construct lateral roads or branches; to the estate of Sarah Davies, deceased; and legitimating John George Gormley.

SECTION 1. Be it enacted by the Senate and House of Represen tatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the president and managers of the Manheim and Lebanon plank and managers of the turnpike road company, shall have full power and authority to borrow any sum or sums of money, not exceeding fifteen thousand dollars, which may be necessary to enable them to complete their road, discharge the debts incurred in the construction thereof, and enjoy the full benefit of the privileges conferred upon them by the act of Assembly authorizing their incorporation, any such loan to be on such terms and conditions as the said corporatiou may deem fit, with power also to pledge and mortgage as security for any such loan or loans, their said

Lebanon plank and turnpike

road company

to borrow money.

road, and all and any of their property, real and personal, together
with all their rights, powers, and privileges, and franchises, any sale
or sales under any judicial process to enforce any such pledge or mort-
gage, shall pass to and vest in the vendee or vendees whatever property,
rights, powers, privileges and franchises may have been pledged or
mortgaged under any such pledge or mortgage as last aforesaid: Pro- Proviso.
rided, That no certificate of loan shall be of less denomination than
one hundred dollars.

SECTION 2. That the president and managers of the Manheim and Authority to exLebanon plank and turnpike road company, shall have the privilege of tend road. extending their road from the present termination at Mulberry street in the borough of Lebanon, to the south side of the Union canal in North Lebanon township, Lebanon county, with all the rights, privileges and immunities, and subject to the same restrictions granted and mentioned in said act of incorporation.

SECTION 3. That the Manheim and Lebanon plank and turnpike To make lateral road company be, and they are hereby empowered to lay out, make roads. and construct from their main road in South Lebanon township, to the Cornwall ore banks in said township, as many lateral roads or branches as may be necessary to enable them to transport ore from said banks, to and over their main road, said lateral roads or branches to be subject to all the provisions of the act incorporating said company, and of the aet regulating turnpike and plank road companies, approved twentysixth of January, Anno Domini, one thousand eight hundred and fortynine, and the supplements thereto, and said company shall have the same powers of erecting gates and collecting tolls, and all other powers and privileges granted by said acts.

SECTION 4. That Andrew Robeson, executor of the last will and Real estate of testament of Sarah Davies, late of Lancaster county, deceased, is hereby Sarah Davies. fully authorized and empowered at any time hereafter, to sell at public sale the rea lestate of said Sarah Davies, deceased, consisting of a lot of forty-six perches of ground, situate in Caernarvon township in said county, adjoining the old turnpike which passes through the village of Churchtown, lands of Benjamin F. Busen, Hanson B. Jacobs, and property late of John Zell, deceased: Provided, That the said Proviso. Andrew Robeson, before the receipt of the purchase money, shall give security to be approved by the orphans' court of Lancaster county for the proper application of the same, and that the said court shall approve of and confirm the sale made by him.

mated.

SECTION 5. That John George Gormely, son of William M. Gorm- John George ley, of the city of Lancaster, shall have and enjoy all the rights and Gormley legiti privileges of a child born in lawful wedlock, and shall be able and capable in law, to inherit and transmit any estate whatsoever, as fully and effectually as if he had been born in lawful wedlock.

W. P. SCHELL,

Speaker of the House of Representatives.

THO. CARSON,

Speaker of the Senate.

APPROVED The fifteenth day of March, A. D., one thousand eight

hundred and fifty-three.

WM. BIGLER.

« ZurückWeiter »