CHAP. 107 Chapter 107. An Act authorizing the Manufacturing Investment Company to erect and maintain piers and booms in the Kennebec river at Madison. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: authorized to erect piers and Kennebec booms in river. shall not passage of logs, obstruct unreasonably. SECT. 1. The Manufacturing Investment Company, its Company, successors and assigns are hereby authorized and empowered to locate, erect and maintain, in the Kennebec river between the towns of Madison and Anson, in said county of Somerset, not more than one mile above Weston's island, so called, piers and booms for the purpose of collecting, holding and sorting out logs, pulp wood and other lumber coming down said Kennebec river. Said works shall be so constructed as to provide for prompt and convenient passage of all logs and lumber that may come within the same, without unreasonable or unnecessary delay, and in no case shall the delay exceed forty-eight hours after demand made by the Kennebec Log Driving Company or by the log owner, said logs or other lumber to be turned out at the expense of said corporators. And all damage for flowage caused by the construction of said piers and booms shall be determined by the county commissioners of Somerset county. SECT. 2. Said corporation shall boom and hold all logs Shall boom and and other lumber which may come within said booms, whenever the owners thereof shall request them in writing to do so; and it may demand, collect and receive such compensation as said corporation and the owners of the logs or other lumber may agree upon. SECT. 3. Said Manufacturing Investment Company, its successors and assigns are also hereby authorized and empowered to locate, erect and maintain in said Kennebec river, piers and booms extending from near the easterly end of the boom described in section one of this act, down said Kennebec river to said Weston's island, so called, and from some point on said Weston's island across the back river, so called, being a part of said Kennebec river, to land of Theodore B. Weston, for the purpose of holding logs, pulp wood and other lumber coming down said Kennebec river, which are destined for use and manufacture by said corporation. And all other logs than those provided for by this section, if held by, or found in said boom, shall be turned out thereof, damages for determined. flowage, how hold all logs. -tolls. May erect piers and booms near island. CHAP. 107 May erect piers and booms at Madison. -shall not impede navigation. May take land. by said Manufacturing Investment Company at their own charge, and in no case shall the delay in so turning out exceed forty-eight hours after demand made by the Kennebec Log Driving Company or by the log owner. SECT. 4. Said Manufacturing Investment Company, its successors and assigns, are also hereby authorized and empowered to locate, erect and maintain in said Kennebec river, at Madison, in said Somerset county, between the easterly shore of said river either on land owned by said corporation or land owned by B. P. J. Weston above the railroad bridge, and the westerly shore of said river in the town of Anson in said Somerset county, piers and booms for the purpose of holding all logs, pulp wood, and other lumber coming down said river which are destined for the use and manufacture by said corporation, but said piers and booms shall be so constructed as not to impede the use or navigation of said river and not to occasion any unreasonable delay or obstruction in the driving of any other logs or lumber. SECT. 5. Said Manufacturing Investment Company, its successors and assigns, may take such lands as may be necessary for the erection and maintenance of said piers and booms, mentioned in sections one, three and four of this act, and connecting the same with the shores and over the lands of other persons for the purposes aforesaid, and for managing -compensation, said piers and booms, making compensation therefor as provided in case of damage for lands taken in laying out highways. for damage. Liability, for damage. SECT. 6. Said Manufacturing Investment Company shall be liable to indemnify the Kennebec Log Driving Company and the log owners for any logs or damage by reason of logs or other timber lodged on lands adjoining the waters affected by any works constructed under this act, whenever said lodgment is caused by any jam produced by said works. SECT. 7. This act shall take effect when approved. Approved February 25, 1891. CHAP. 108 Chapter 108. An Act to incorporate the Castine and Brooksville Steam Ferry Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: name. SECT. 1. Jeremiah Jones, his associates, successors and Corporate assigns, are hereby incorporated and made a body politic by the name of the Castine and Brooksville Steam Ferry Company, with power by that name to sue and be sued, to have and use a common seal, to adopt suitable by-laws for the proper management of the business of the corporation, and to exercise and enjoy all the powers and privileges and be subject to all the liabilities incident to corporations of a similar nature. SECT. 2. Said corporation is hereby empowered to establish for a period of twenty years, a ferry for the purpose of conveying passengers, teams and freight between some point in the town of Brooksville near Wasson's wharf, so called, to some point in the town of Castine, with a boat or boats to be propelled by steam power, or with other boats not propelled by steam, to be used at such times and seasons as may be necessary. Said ferry shall be operated for at least six months of each year, between the first day of April and the first day of December, after said ferry shall have been established; and said corporation shall each year publish notice of its intention to suspend the operation of its ferry for that year. Such notice shall state the date of the proposed suspension and shall be published in some newspaper printed in Hancock county, at least seven days before the date of such suspension. SECT. 3. Said corporation is hereby empowered to take and hold or purchase or lease such real estate at the terminal points of said ferry as may be necessary and requisite for wharves, slips, toll houses and waiting rooms and for the proper operation and maintenance of said ferry. May establish a ferry between and Castine. -when to be operated. shall publish intention to operations. notice of suspend May take and hold land at terminal points. assessed. SECT. 4. If the land of any individual or corporation is Damages, how taken under this act, and the parties cannot agree on the damages occasioned thereby, said land owner or said corporation may within two years after filing the plans of location, apply to the county commissioners of Hancock county and have such damages assessed in the manner provided by law in cases where real estate is taken by railroads. CHAP. 109 Tolls granted." Capital stock. First meeting, how called. SECT. 5. A toll is hereby granted and established to be fixed and determined by the county commissioners of Hancock county, and in case said corporation should be aggrieved by the toll fixed by the county commissioners, then it may appeal to a commission to be selected as follows, one by the county commissioners of Hancock county, one by said corporation and one to be appointed by the supreme judicial court for Hancock county, and in case of said appeal said commission shall fix and determine said toll. SECT. 6. The capital stock of said corporation shall not exceed twenty-five thousand dollars. It shall be fixed at the first meeting of said corporator and his associates, successors and assigns, and may be subsequently increased by said corporation to any amount not exceeding twenty-five thousand dollars. SECT. 7. The corporator named herein may call the first meeting of said corporation, by giving his associates a written. notice of said meeting at least seven days prior thereto. SECT. 8. This act shall take effect when approved. Approved February 25, 1891. Corporators. -corporate name. Location. Chapter 109. An Act to incorporate the Mechanic Falls Trust and Banking Association. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. John Hanscom, Norton Q. Pope, Luther Perkins, O. W. Hawkes, E. F. Bradford, C. E. Stevens, W. W. Waterman, A. E. True, William Cushman, O. B. Dwinal, John W. Penney, D. B. Perry, William B. Buckman, George D. Goodwin, C. N. Burns, C. H. Milliken, J. M. Libby, or such of them as may by vote accept this charter, with their associates, successors and assigns, are hereby made a body corporate and politic, to be known as the Mechanic Falls Trust and Banking Association, and as such, shall be possessed of all the powers, privileges and immunities, and subject to all the duties and obligations conferred on corporations by law, except as otherwise provided herein. SECT. 2. The corporation hereby created shall be located at Mechanic Falls, in the towns of Poland or Minot, in the county of Androscoggin and state of Maine, and may estab- CHAP. 109 lish agencies in any part of this state. SECT. 3. The purposes of said corporation and the busi- Purposes. ness which it may perform, are: first, to receive on deposit, money, coin, bank notes, evidences of debt, accounts of individuals, companies, corporations and municipalities and states, allowing interest thereon, if agreed, or as the by-laws of said corporation may provide; second, to borrow money, to loan money on credits or real estate or personal security, and to negotiate loans and sales for others; to guarantee the payment of the principal and interest of all obligations secured by mortgages of real estate running to the said Mechanic Falls Trust and Banking Association; to issue its own bonds or obligations based upon real or personal property conveyed to it in trust, to secure the payment of such bonds or obligations and the interest thereon; third, to hold for safe keeping all kinds of personal or mixed property, and to act as agent for the owners thereof, and of real estate, for collection of income on the same, and for sale of same, and to act as agent for issuing, registering and countersigning certificates, bonds, stocks and all evidences of debt or ownership in property; fourth, to hold by grant, assignment, transfer, devise or bequest, any real or personal property or trusts duly created, and to execute trusts of every description; fifth, to act as assignee, receiver and executor, and no surety shall be necessary upon the bond of the corporation, unless the court or officer approving such bond shall require it; sixth, to hold and enjoy all such estates, real, personal and mixed, as may be obtained by the investment of its capital stock or any other moneys and funds that may come into its possession in the course of its business and dealings, and the same sell, grant, mortgage and dispose of except as provided in section ten; seventh, to do in general, all the business that may lawfully be done by a trust or banking company. SECT. 4. An administrator, assignee, guardian or trustee, Administrators, any court of law or equity, including courts of probate and deposit with. insolvency, officers and treasurers of towns, cities, counties and savings banks of the state of Maine may deposit any moneys, bonds, stocks, evidences of debt or of ownership in property, or any personal property, with said corporation, etc., may |