such stockholder, or so much thereof as shall be necessary, may be sold by the directors of said corporation, at public auction, after the lapse of thirty days from the time when payment became due; and the surplus money, the avails of such sale, after deducting the payments due and interest thereon, and the necessary expenses of the sale, shall be paid over to such negligent stockholder.

SEC. 15. That the legislature may authorize any other company to enter with another railroad at any point of said New Haven and New London railroad, paying for the right of using the same, or any part thereof, such a rate of toll as the directors of the said New Haven and New London Railroad Company may from time to time prescribe, and complying with such rules and regulations as may be established by said New Haven and New London Railroad Company.

SEC. 16. That it shall be lawful for the directors of said New Haven and New London 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 materials, locomotive engines, cars, steamboats, lands and the erection of warehouses, workshops and other necessary buildings, and for securing the repayment of moneys so borrowed, full power and anthority is hereby granted to the 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, appurtenances, implements, cars, engines and personal estate, and all the property, franchises and chartered rights of said company; and shall be allowed to retain possession of said personal property so pledged, hypothecated or mortgaged as aforesaid; provided the deed of the same shall be recorded in the office of the secretary of this state, on the execution thereof.

SEC. 17. That if said company shall not expend the sum of one hundred thousand dollars upon said railroad or way, within three years from the rising of this assembly, or if they shall not construct and complete, and put in operation, a single, double or treble railroad or way, as herein before authorized, within six years from the passage of this act, then the rights, privileges and powers of said corporation shall be null and void.

SEC. 18. That the capital stock of said company shall be assessed at its just value in money, and taxed at the same rate as personal estate.

SEC. 19. Whenever said railroad shall cross any streams, coves or creeks, navigated by vessels at or above the place of such crossing, the said company shall erect draws of such width, or culverts of such height, as will suitably and conveniently accommodate such navigation; the places where such draws or culverts shall be erected, and the width or height of such culverts or draws, being first determined by the commissioners on said road; and all vessels shall be permitted at all times to pass such draws without payment of toll; and suitable persons shall be provided by said company to open and shut said draws on due notice of the approach of such vessels; provided, that none of the rights and privileges herein granted, shall be so construed as to authorize said company to build a bridge across the Connecticut river.

SEC. 20. Resolved further, That this act may be altered, amended or repealed at the pleasure of the general assembly.

Resolved by this Assembly, That Dennis Kimberly, James Brewster and Emanuel Henriques, of New Haven; John Dunham, of Norwich; John P. C. Mather, Lyman Allyn and Joshua Bolles, of New London; Stephen J. Lord, of Lyme; Ralph D. Smith, Joel Tuttle and William W. Baldwin, of Guilford; Erastus Scranton and Samuel C. Chittenden, of Madison, be and they are hereby associated with and made part of the company incorporated at this session of the assembly, for the purpose of making a railroad from New Haven to New London,

AMENDING CHARTER OF THE NEW HAVEN AND NEW LONDON RAILROAD COMPANY.

PASSED 1849.

Resolved, That said company shall be and they are hereby authorized to borrow, under their said charter, not exceeding four hundred and fifty thousand dollars, at a rate of interest not exceeding seven per cent. per annum, and to secure the payment of the same by the bonds of the company, and to mortgage for the security of said bonds, the stock, franchises and property of the corporation, as is provided in their previous charter, which bonds may be issued from time to time as the construction of said road progresses; provided, that none of said bonds shall be issued until they shall have been registered in the office of the comptroller of this state and so duly certified; and provided also, that the amount of the bonds thus issued shall at no time exceed one-third of the amount which the chief engineer of the corporation shall certify has been expended upon said railroad.

AMENDING THE CHARTER OF THE NEW HAVEN AND NEW LONDON RAILROAD.

PASSED 1850.

Resolved by this Assembly, That section 1st of the charter of the New Haven and New London railroad, passed May session, 1848, be so amended as to authorize said company to locate and construct their said railroad. so as to pass through the town of North Branford, in addition to or in lieu of the towns or any of them mentioned in said section, provided said company elect so to do.

APPROVING THE CONSTRUCTION OF CERTAIN BRIDGES, WITHOUT DRAWS, BY THE NEW HAVEN AND NEW LONDON RAILROAD COMPANY.

PASSED 1853.

Resolved by this Assembly, Whereas the New Haven and New London Railroad Company have located and constructed their railroad over and across the Quinnipiac river, between the towns of New Haven and East Haven, and also over Lieutenant's river, in the town of Lyme, with bridges without draws in the same, under the advice and with the approval of the commissioners of said railroad; that said construction of said railroad, with said bridges without draws, be and is hereby approved, authorized and established as the true and proper manner of constructing said railroad over said Quinnipiac and Lieutenant's rivers; and that the said bridges have been constructed and built according to the true intent and meaning of the charter of said railroad company. Resolved further, that the bridges herein alluded to, shall at all times be under the control of the general assembly of this state, and that they shall be opened or removed as the general assembly may direct.

AUTHORIZING THE NEW HAVEN AND NEW LONDON RAILROAD COMPANY TO ISSUE BONDS.

PASSED 1854.

Resolved by this Assembly, That the New Haven and New London Railroad Company be and they are hereby authorized to issue their bonds for a sum not exceeding one hundred thousand dollars, with coupons attached, bearing interest payable semi-annually, at a rate not exceeding ten per cent. per annum, and for a term of not exceeding five years, and to secure the payment of the same by a mortgage of the stock, franchises and property of the corporation, as is provided in their charter; provided, that said bonds shall not be disposed of by said company for less than their par value, unless authorized by a two-thirds vote of the stockholders of said company in a meeting legally convened for that purpose.

AUTHORIZING THE NEW HAVEN AND NEW LONDON RAILROAD COMPANY TO ISSUE THEIR TEN PER CENT. BONDS, IN THE SAME MANNER AS THEIR SIX PER CENT. BONDS.

PASSED 1854.

Resolved by this Assembly, That the directors of the New Haven and New London Railroad Company be and they are hereby authorized to execute and issue the ten per cent. bonds of said company, already granted by this assembly, in the same manner as they were authorized to issue their six per cent. bonds under their charter.

INCORPORATING THE NEW LONDON AND STONINGTON RAILROAD COMPANY.

PASSED 1852.

Resolved by this Assembly, SEc. 1. That Charles P. Williams, Thomas Fitch, 2d, Charles Mallory, Asa Fish, Frederick R. Griffin, Henry L. Champlain, Nathan G. Fish, Charles C. Griswold, Belton A. Copp, E. E. Morgan, B. C. Baxter, Henry Hotchkiss, William P. Burrall, N. S. Perkins, Jr., F. W. Lawrence, J. Hammond Trumbull, Benjamin F. Palmer, Isaac Randall, Louis Bristoll, Matthew Morgan, John W. Hull, John P. C. Mather and Ralph D. Smith, with such other persons as may associate with them for that purpose, be and they are hereby constituted a body politic and corporate, by the name of the New London and Stonington Railroad Company, and by that name to sue and be sued, plead and be impleaded in any court in this state, to make and have a common seal, and the same to break, alter and renew at pleasure. And said company is hereby authorized and empowered to locate, construct and complete a single, double or treble railroad or way, from some suitable point on the east side of the river Thames, in the town of Groton, opposite or nearly opposite to the city of New London, by the shortest, most feasible and best route, above or below the bridge called Mystic Bridge, by the route called the northern middle route, or by the southern middle route, to be determined by the commissioners of said railroad, to a point in the town of Stonington, at or near the terminus of the New York, Providence and Boston railroad, and to transport, take and carry property and persons upon said railroad or way, by the power and force of steam, of animals, of any mechanical or other power, or of any combination of them, which said company may choose to apply. And 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 thereof, as in their opinion convenience or necessity may require to be changed or discontinued, 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.

SEC. 2. The capital stock of said company shall be one hundred and fifty thousand dollars, with the privilege of increasing, so as not to exceed six hundred thousand dollars, to be 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 times and places of opening said books, as they may deem reasonable, and shall receive such subscriptions under such regulations as they may adopt for that purpose; and in case the subscription shall exceed six thousand shares, the same shall be reduced and apportioned in such manner as may be deemed most beneficial to the 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.

SEC. 5. That in case it shall so happen that an election of directors shall not be made on the day appointed by the by-laws of said company, said 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 said railroad, such lands, property or estate may be taken, notice being given to the husband of such feme-covert, the guardian of such infant and the conservator of such non compos mentis, and they respectively may release all damage for any land, property or estate taken and appropriated as aforesaid, as they might do if the same were 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 connnect with any other railroad, and may construct their railroad 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 any wise alter either the grade or the line of the same; nor in any way enter upon, use or cross such railroad, without first paying such railroad company such portion of the expense of constructing so much of said road as shall be required by said New London and Stonington Railroad Company, and also such damage as said railroad may sustain by reason of such con