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APPROVED the thirty-first day of March, Anno Domini one thousand eight hundred and sixty.

WM. F. PACKER.

OFFICE OF THE SECRETARY OF THE COMMONWEALTH,

PENNSYLVANIA, SS:

HARRISBURGH, April 2, 1860.

I do hereby certify that the foregoing and annexed is a full, true and correct copy of the original Act of the General Assembly, as the same remains on file in this office.

[SEAL.]

IN TESTIMONY WHEREOF, I have hereunto set my hand, and caused the seal of the Secretary's Office to be affixed, on the day and year above written.

H. L. DIEFFENBACH,

Deputy Secretary of the Commonwealth.

AN ACT RELATING TO CERTAIN CORPORATIONS. 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 it shall and may be lawful for any Railroad Company created by and existing under the laws of this Commonwealth, from time to time, to purchase and hold the stock and bonds, or either, of any other Railroad Company or Companies, chartered by or of which the road or roads is or are authorized to extend into this Commonwealth; and it shall be lawful for any Railroad Companies to enter into contracts for the use or lease of any other Railroads, upon such terms as may be agreed upon with the Company or Companies owning the same, and to run, use and operate such road or roads in accordance with such contract or lease: Provided, that the roads of the Companies so contracting or leasing shall be directly, or by means of intervening railroads, connected with each other.

ELISHA W. DAVIS,

Speaker of the House of Representatives.

JOHN P. PENNY,

Speaker of the Senate, pro tem.

APPROVED the twenty-third day of April, Anno Domini one thousand eight hundred and sixty-one.

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A. G. CURTIN.

A SUPPLEMENT TO AN ACT, entitled "An Act to provide for the Re-organization of the Pittsburgh, Fort Wayne and Chicago Railroad Company," approved March thirty-first, Anno Domini one thousand eight hundred and sixty, to provide for a Classification of the Board Directors.

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 it shal? be lawful for the Board of Directors of the Pittsburgh, Fort Wayne and Chicago Railway Company, by lot, or otherwise, to so classify the members thereof, that one-fourth (as near as may be) shall terminate their official term as directors at the first next annual election thereafter, and one-fourth at each subsequent election; and after being thus classified, the stock and bondholders shall elect only the numbers of the Board of Directors necessary to fill the vacancies created by the expiration of the period of services fixed as aforesaid.

JOHN CLARK,

Speaker of the House of Representatives.

RUSSELL ERRETT,

Speaker of the Senate, pro tem.

APPROVED the third day of February, Anno Domini one

thousand eight hundred and sixty-nine.

JNO. W. GEARY.

AN ACT Supplementary to an Act relating to certain corporations, approved the third day of April, Anno Domini one thousand eight hundred and sixty-one.

SECTION 2. 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 it shall and may be lawful for any Railroad Company or Companies, created by or existing under the laws of this Commonwealth, from time to time, to purchase and hold the stock and bonds, or either, or to agree to purchase or guarantee the payment of the principal or interest, or either, of the bonds

of any other Railroad Company, or Companies Chartered by it or existing under the laws of any other State.

JOHN CLARK,

Speaker of the House of Representatives.

WILLIAM WORTHINGTON,

Speaker of the Senate.

APPROVED the seventeenth day of March, Anno Domini one thousand eight hundred and sixty-nine.

JNO. W. GEARY.

II. ILLINOIS LAWS.

AN ACT to perfect the Title of the Purchasers of the Pittsburgh, Fort Wayne and Chicago Railroad, and to enable them to form a Corporation, and defining the Powers and Duties of such Corporation.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That in case the Railroad of the Pittsburgh, Fort Wayne and Chicago Railroad Company, or any part thereof, shall be sold by virtue of any mortgage or mortgages, or deed or deeds of trust, either by foreclosure or other proceedings in law or equity, or in pursuance of a power in such mortgage or mortgages or deed or deeds of trust contained, or by the joint exercise of the said authorities, the purchaser or purchasers of the same, or their survivors or survivor, or they, or their, or he and his associates, or their or his assigns, may form a corporation, by filing in the office of the Secretary of State, under their or his signature, specifying the name of such corporation, the number of Directors, the names of the first Directors, the period of their services, not exceeding one year, the amount of the original capital, and the number of shares into which such capital is to be divided; and thereupon the persons who shall have signed such certificate, and their successors, shall be a body politic and corporate, by the name stated in such certificate, and a copy of such certificate, attested by the signature of the Secretary of State, or his deputy, shall, in all

courts and places, be evidence of the due formation and existence of the said Corporation, and of the facts in the certificate stated.

SECTION 2. The said corporation, formed pursuant to this Act, shall have power to acquire, by purchase or otherwise, and to hold, use and enjoy, the Pittsburgh, Fort Wayne and Chicago Railroad, and each and every part thereof, whether situate within or without this State, and all equipments, machinery, tools, and materials, all lands, property, franchises, rights, and things connected therewith, or necessary or convenient to the use thereof, together with the tolls, income, rents, issues, and profits of the same, and shall have power to maintain and operate the same as fully as might have been done by the Pittsburgh, Fort Wayne and Chicago Railroad Company, and to erect new depots, stations and other buildings, and connect the same with the said Railroad, and to acquire and hold lands for the said and other needful purposes; and the said corporation shall also possess all the faculties, powers, authorities, immunities, privileges, and franchises, at any time held by the said Pittsburgh, Fort Wayne and Chicago Railroad Company, or by any of the corporations heretofore consolidated into the said Company, or conferred on the said Company, the said Corporations, or either of them, by any act or law of this State, or of either of the States of Ohio, Indiana, or Pennsylvania, and shall have power and capacity to hold and exercise within each and every of the said States, and, so far as it may deem necessary to the general objects of its business, within any other of the United States, all the said faculties, powers, authorities, privileges, and franchises, and all others which may hereafter be conferred upon it by or under any law of this State, or of any of the aforesaid States, and to hold meetings of Stockholders and Directors, and do all corporate acts, and all things, within any of the aforesaid States, as validly as it might do the same within this State, and may consolidate with any corporations of such other States authorized to hold, maintain, and operate the aforesaid railroad; and the said Corporation, formed pursuant to this act shall also have power to create and issue capital stock in shares of one hundred dollars each, and to such aggregate amount as it shall deem necessary to carry out the objects of this act; and may establish preferences in respect to dividends, in favor of one or more classes of the said stock, in

such order and manner, and to such extent, and with such securities, as it may deem expedient, and may confer on holders of any bonds which it may issue or assume to pay such rights to vote at all meetings of stockholders, not exceeding one vote for every one hundred dollars of the par amount of the said bonds, as may by it be deemed advisable, which rights, when once fixed, shall attach to and pass with such bonds, under such regulations as the by-laws may prescribe, to the successive holders thereof, but shall not subject any holder to assessment by the said Company, or to any liability for its debts, or entitle any holder to dividends; and the said Corporation may make and issue its bonds, of not less denomination than one hundred dollars each, payable at such times and places, and bearing such rates of interest, as it may deem expedient, and may hypothecate or sell such bonds, within or without this State, at such prices as it may deem proper: Provided, nevertheless, That, except within six months after the organization of said Company, no bond shall be created, nor shall any debt be contracted, exceeding in the aggregate, at any one time, five per cent. on the par amount of the capital stock of the said Company, unless the same shall have been previously authorized by a vote of two-thirds in interest of the stock and bondholders, at a meeting duly held; and the said Corporation may secure the payment of any bonds which it may make, issue, or assume to pay, by a mortgage or mortgages, or deed or deeds of trust, of its Railroad, or of any part or parts thereof, or of any other of its property, real or personal, and may include in any such mortgage or mortgages, or deed or deeds of trust, any locomotives, cars, and other rolling stock or equipments, and any machinery, tools, implements, fuel, and materials, or other real or personal estate, whether then held or thereafter to be acquired, for the constructing, operating, repairing, or replacing of the said Railroad, or any part thereof, or of any of its equipments or appurtenances; all of which property and things so included, whether then possessed or thereafter to be acquired, shall be subject to the lien and operation of every such mortgage or deed of trust, in the same manner and with the like effect as if all such property and things constituted a part of the said Railroad; and may also include all franchises held by the said Corporation and connected with or relating to the said Railroad, and all corporate franchises, which are hereby declared, in case of sale by virtue of any such mortgage or mortgages, or deed or deeds of