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through the said town of Granby, passing through the village of Salmon Brook and through the Crag Rocks, so called, to the north line of this state, at some convenient point near the dwelling-house of Milton Hayes, in said Granby; and to transport, take and carry property and persons upon said railroad or way, by the power and force of steam or animals, or of any mechanical or other power, or any combination of them which said company may choose to apply. And the said company is hereby vested with all the powers, privileges and immunities conferred and granted by an act of the legislature of this state, passed at the May session, A. D. 1849, entitled “ An act relating to Railroad Companies, and the several acts in addition thereto, and is made subject to all the duties, conditions, restrictions and requirements imposed by said several acts. And the said company may at any time before the completion of said road, alter and change any part of the location, or discontinue such part thereot' as, in their opinion, convenience and necessity may require to be changed or discontinned, subject to the approval of the commissioners on said road, the other requirements of this charter, and the provisions of the act of 1849, relating to railroad companies, and the several acts in addition thereto. Provided said railroad or any branch thereof shall not at any point be constructed west of the west line of Granby.
SEC. 2. The capital stock of said company shall be one hundred and fifty thousand dollars, with the privilege of increasing the same to two hundred and fifty thousand dollars, divided into shares of one hundred dollars each.
Sec. 3. That the persons named in the first section hereof, or a majority of them, shall open books to receive subscriptions to the capital stock of said company, at such time and place as they or a majority of them may appoint, and shall give such notice of time and places of opening said books as they may deem reasonable, and shall receive said subscriptions under such regulations as they may adopt for the purpose ; and in case the subscriptions shall exceed one thousand five hundred shares, the same shall be reduced and apportioned in such manner as may be deemed most beneficial to the said corporation.
Sec. 4. That the persons named in the first section hereof, or a majority of them, are hereby authorized, after the books of subscription to the capital stock of said company are closed, to call the first meeting of the stockholders of said company in such way and at such time and place as they may appoint, for the choice of directors of said company; and in all meetings of the stockholders of said company, each share shall entitle the holder thereof to one vote, which vote may be given by said stockholder in person or
by lawful proxy. Seo. 5. That in case it shall so happen that an election of directors shall not be made on any day appointed by the by-laws of said company, such company shall not for that cause be deemed to be dissolved; but such election may be held on any day which shall be appointed by the directors of said company.
Sec. 6. That when the lands or other property or estate of any femecovert, infant or non compos mentis, shall be necessary for the construction of such railroad, said lands, property or estate may be taken, notice being given to the husband of such feme-covert and the guardian of such infant or non compos mentis, and they may respectively release all damages for any land, property or estate taken and appropriated as aforesaid, as they might do if the same was holden in their own right respectively.
Sec. 7. That said railroad company may, in the construction of their said road, if necessary, cross, intersect or connect with any other railroad, and may construct their said road across or upon the same; provided, however, that in so constructing their said road across or upon any other railroad, or in connecting therewith, they shall not change or in anywise alter either the grade or the line of the same, nor in any way enter upon, use or cross such railroad, without first paying to said railroad company such portion of the expense of constructing so much of said road as shall be required by said Granby Railroad Company, and also such damages as said railroad company may sustain by reason of such construction or connection as aforesaid, to be ascertained in all respects in the same manner as is proposed by the tenth section of an act passed at the May session, A. D. 1849, entitled “ An act relating to Railroad Companies.” And the said company may merge the same or make joint stock with the Windsor and Tariffville Railroad Company, heretofore chartered, upon the consent of three-fourths of the stockholders of the said Granby Railroad Company and said Windsor and Tariffville Railroad Company, present at meetings of their respective companies, legally warned and called for that purpose.
Sec. 8. Said company are hereby authorized to enter upon and use the railroad and appurtenances of the last mentioned company or to enter upon and use the road of any other railroad company for the purpose of connecting said Granby railroad with any road with which said road is authorized to make joint stock at and to any point of such other railroad, for the purpose of conveying passengers and freight thereon, and for all purposes incidental thereto, they paying therefor a reasonable compensation ; provided, however, that they shall enter upon and use such railroad or railroads by such proper turnouts and switches as will not unreasonably incommode the travel thereon; and provided further, that unless the rate of compensation aforesaid shall be agreed upon by the companies interested, then the same shall be determined by appraisers appointed in the manner provided in section 10 of the act relating to railroads, passed May session, 1849.
Sec. 9. That this act may be altered, amended or repealed at the pleasure of the general assembly.
EXTENDING TO THE HARTFORD AND NEW HAVEN RAILROAD COMPANY
Resolved by the Senate and House of Representatives, in General Assembly convened, That the Hartford and New Haven Railroad Company shall be allowed the further time of three years, from and after the rising of this assembly, within which to complete their railroad according to their charter.
AUTHORIZING THE HARTFORD AND NEW HAVEN RAILROAD COMPANY TO
ISSUE BONDS, &c.
Upon the petition of the Hartford and New Haven Railroad Company,
praying for alterations in their charter, as per petition on file:
Resolved by this Assembly, That it shall be lawful for the directors of said Hartford and New Haven Railroad Company, from time to time, to borrow such sum or sums of money, upon the credit of said company, as to said directors shall appear necessary and proper for the completion of said work, and also for the purchase of locomotive engines, cars, lands and the erection of warehouses, workshops and other necessary buildings, and for securing the repayment of moneys so borrowed, full power and authority is hereby granted to said directors, to pledge or hypothecate, by way of bond, with or without seal, mortgage, trust or otherwise, the railroad, by them owned and constructed or to be constructed, under their charter, with all its privileges, appendages, appartenances, implements and all the property, franchises and chartered rights of said company; and such pledge, hypothecation, bond, mortgage and trust shall be valid for securing the due payment of any sum or sums of money so borrowed, with the interest thereon accruing, not exceeding the legal rate of interest of the place where said sum or sums may be borrowed, and which the same shall be given to secure; and in case of default made in the payment of moneys so borrowed and secured, the person or persons, body politic or corporate, their legal representatives, successors or assigns, claiming under said pledge, hypothecation, bond, mortgage or trust, may by due process of law, acquire, have, hold, use, occupy and enjoy the said road, with its appurtenances, implements and property of said company, and take and receive the tolls, rents, issues, profits and advantages thereof, during the continuance of said charter, in as full and ample a manner as the stockholders of said company could or might have had, used and enjoyed the same, subject, nevertheless, to all the restrictions, limitations and conditions contained in the act incorporating said compacy.
Resolved further, That whenever, previous to the completion of said road, the directors of said company shall find it convenient or necessary to change said road or discontinue the same, they may, by their vote, declare what portion of their road, convenience or necessity requires should be discontinued, and may thereupon discontinue the same; also in like manner, designate a new line or course, in which said road shall run, and may therenpon take by agreement or appraisement so much land as may be required for said road, not exceeding six rods in width upon said line or course so designated. Provided always, that all such changes in said road shall be approved by the commissioners upon said rond, and that all damages done to the persons whose lands may be taken, shall be ascertained and paid by said company in the same manner as is provided by the charter for the original location and construction of said road. And provided also, that no part of said road within the limits of the city of Hartford, shall be discontinued or changed without the consent of the mayor, aldermen, common council and freemen of said city, and upon such terms and conditions as said mayor, aldermen, common council and freemen and said railroad corporation shall mutually agree; and provided further, that the power hereby granted shall not be extended to so much of said road as lies between the limits of the city of Hartford, and of the town of Hartford; it being expressly understood and declared that nothing in these resolutions contained, shall be construed to confirm or validate any irregular or illegal proceedings of said company, in laying out said road or in taking the lands over which the same or any part thereof has been located or constructed. Nor shall the above resolutions be construed to imply that the powers therein granted are not conferred by the charter of said company, or that said company have not proceeded regularly and legally under the same.
AUTHORIZING THE HARTFORD AND NEW HAVEN RAILROAD COMPANY TO
HOLD STEAMBOATS, &c.
Resolved by this Assembly, That the Hartford and New Haven Railroad Company be and they hereby are authorized to procure, charter or purchase and hold such number of steamboats to be used in connection with their road as they may deem expedient, to an amount not exceeding two hundred thousand dollars, and may for that purpose increase their capital stock to the same amount.
AMENDING THE CHARTER OF THE HARTFORD AND NEW HAVEN RAILROAD
PASSED OCTOBER, 1842.
Resolved by the Senate and House of Representatives, in General Assembly convened, 1st. That the Hartford and New Haven Railroad Company be and they hereby are authorized and empowered to extend their railroad from their depot in the city of Hartford to the north line of this state; and with the consent of Massachusetts, from thence to the town of Springtield, in Massachusetts, by the most direct and feasible route; and for this purpose the said company, acting by its directors, are hereby authorized to increase their capital stock by an addition thereto of not more than five thousand shares.
Resolved further, 2d. That in extending their railroad as aforesaid, said company shall continue to enjoy all the powers granted to them by their charter and the several amendments thereof and
additions thereto, except exemption from taxation; (which exemption shall not apply to the new stock raised by these resolutions ;) and that all the provisions of the charter of the Hartford and Springfield Railroad Company, and the several amendments thereof and additions thereto shall be extended to the Hartford and New Haven Railroad Company, (as if the same were additions to the charter of said last named company) to enable them to extend their road as aforesaid, except so far as modified by these resolutions. _Provided, however, that before the said Hartford and New Haven Railroad Company shall commence the construction of their said extended railroad, the said company shall pay all reasonable expenses and charges for cash disbursed or time and labor bestowed in procuring said charter of the Hartford and Springfield Railroad Company, or in making surveys and estimates, or in performing laborin order to obtain subscriptions to the stock and procure the organization of said company; and that all surveys, fieldbooks, maps, estimates and other sinılar assets belonging to the commissioners on said road or their agents respectively, shall become the property of said Hartford and New Haven Railroad Company. And if the parties cannot agree as to the matters contained in this proviso, the commissioners on said last named road shall adjust and determine the 'same. Provided further, that said road shall be continued from the depot in Hartford, within the western boundary of said city to its intersection with Asylum street. Provided, lastly, that said extended road shall be completed and in running order by the first day of January, A. D. 1845.
These resolutions shall not take effect until they are approved by the stockholders of said Hartford and New Haven Railroad Company, at a meeting specially called for that purpose. And said company shall not commence the construction of their extended road until they have increased their capital by an addition of at least two thousand shares of new stock.
These resolutions shall at all times be subject to alteration, amendment or repeal by the general assembly.
ALTERING THE CHARTER OF THE HARTFORD AND NEW HAVEN RAILROAD COMPANY, AND CHANGING NAME TO THE NEW HAVEN, HARTFORD AND SPRINGFIELD RAILROAD COMPANY."
Resolved by this Assembly, 1st. That the Hartford and New Haven Railroad Company shall be allowed the further time of two years from and after the rising of this assembly, within which to complete the extension of their road to Springfield and put the same in operation.
Resolved, 2d. That the resolutions of this assembly, passed May session, 1840, providing for the union of the Hartford and Springfield Railroad Company in Connecticut with the Hartford and Springfield Railroad Corporation in Massachusetts, shall be extended and be applied to the Hartford and New Haven Railroad Company, and that when the Hartford and Springfield Railroad Corporation, in Massachusetts, shall be uni