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and carry on its business under the provisions hereof exclusively in the same way and manner, and to the same extent in all respects, as if said corporation had been originally organized under a charter containing like provisions; and the capital stock of said corporation, the stockholders therein, and the number of shares by them respectively held, shall be the same as now existing in said joint stock corporation, and the capital stock of said company may be increased from time to time, from three thousand five hundred shares of the par value of one hundred dollars each, its present capital, to five thousand shares of the par value of one hundred dollars each, by a majority vote of the stockholders of said company at a meeting or meetings duly held for that purpose.
Sec. 2. Said corporation shall have the power to issue and dispose of the said fifteen hundred shares for such price, not less than par value, and at such times and in such manner as the stockholders shall by vote direct.
Approved, March 19, 1903.
[Substitute for House Joint Resolution No. 115.]
[40.] AMENDING THE CHARTER OF THE DAYVILLE FIRE DISTRICT.
Resolved by this Assembly: SECTION 1. That section one of the charter of The Dayville Fire District, approved March 17, 1897, is hereby amended by inserting between the words “place” and “thence” in the eighth line of said section the words "thence in a straight line to a point one thousand feet due north from the last mentioned point,” so that said section when amended shall read as follows: That the portion of the territory of the town of Killingly, beginning at a point on the highway leading from Danielson to Dayville, at a corner of land of John Dwyer, on the easterly side of said highway; thence running in a northwesterly direction to the center of a bridge across the Five Mile river on the Bassett farm, so called; thence northwesterly to a point in the center of the highway leading from Dayville to Pomfret four hundred feet west of house known as the Day place; thence in a straight line to a point one thousand feet due north from the last-mentioned point; thence in a northeasterly direction to a point in the highway leading from Dayville to Attawaugan north of the village of Dayville at the three corners, so called, near the property of S. Lewis Moffitt; thence running easterly to the northeast corner of the old cemetery, at the four corners, about one-half mile east of the village of Dayville at the three corners, so called, near the property of of the highway leading to Danielson; thence southerly four hundred feet from the center of the highway, and parallel with same, to land of C. D. and C. S. Chase; thence westerly on line of said Chases' land to point of beginning, is hereby declared to constitute The Dayville Fire District, and the inhabitants residing therein are hereby made
and constituted a body politic and corporate by the name of The Dayville Fire District.
SEC. 2. All the acts of said The Dayville Fire District, or of its officers, or of the voters of said district, performed before the approval of this resolution in connection with the organization of and the transaction of the business of said district, are hereby ratified and confirmed and made valid and binding upon the said district and upon each and every person, association, or corporation concerned or affected.
SEC. 3. The Dayville Fire District shall have such officers as are now provided, or may be hereafter provided, by its by-laws.
SEC. 4. The Dayville Fire District may lay taxes to meet all necessary expenditures for carrying out the purposes of its charter. Such' taxes shall be voted, laid, assessed, and collected by its officers in the same manner as are the taxes of a school district, and all the assessment lists of The Dayville Fire District, since its organization in 1899, and all votes imposing taxes thereon, shall not be adjudged void or defective for any reason, but the same are hereby ratified and confirmed and made valid and binding, and all taxes that have been laid, assessed, and imposed according to said assessment lists may be levied and collected.
SEC. 5. The Dayville Fire District shall hereafter have, in addition to the franchises already conferred upon it, the following powers which are enumerated in section 1999 of the general statutes: To extinguish fires; to sprinkle streets; to light streets; to plant and care for ornamental trees; to construct and maintain sidewalks, crosswalks, drains, and sewers; and to appoint and employ watchmen and police officers.
Approved, March 25, 1903.
[Senate Joint Resolution No. 177.]
[41.] AUTHORIZING THE BRIDGEPORT HYDRAULIC COMPANY TO INCREASE
ITS CAPITAL STOCK, Resolved by this Assembly: SECTION 1. That the Bridgeport Hydraulic Company be and it is hereby authorized to increase its capital stock to an amount not to exceed three million dollars.
SEC. 2. Said stock shall be issued to the stockholders of said company only at par.
Approved, March 25, 1903.
[House Joint Resolution No. 48.]
[42.] AMENDING THE CHARTER OF THE UNCOWA WATER AND LIGHT
COMPANY. Resolved by this Assembly: That section fourteen of the resolution incorporating the Uncowa Water and Light Company, approved
May 31, 1899, be and the same is hereby amended by striking out in the fifth line of said section the figures" 1903 " and inserting in lieu thereof the figures "1907”; provided, however, that such change or extension shall not apply to the present lighting franchises of said company, if The Bridgeport Gas Light Company shall have installed and have in full operation in the town of Fairfield a gas service of the extent and kind and under the conditions contemplated in the existing contract between said two companies dated July 8, 1902, within the term or limit now or hereafter intended in or under said contract, and in any event before July 1, 1905.
Approved, March 25, 1903.
[Senate Joint Resolution No. 171.]
[43.) CONCERNING THE BALANCE IN THE TREASURY. Resolved by this Assembly: That the comptroller is hereby authorized to draw his order in favor of the treasurer for the sum of six thousand dollars, to cover the loss to the state caused by the failure of the First National Bank of Willimantic.
Approved, March 25, 1903.
[Senate Joint Resolution No. 181.]
INCORPORATING THE NAUGATUCK VALLEY ELECTRIC RAILWAY
Resolved by this Assembly: SECTION 1. That George A. Lewis and A. L. Dayton, both of Naugatuck, A. D. Warner of Beacon Falls, and Edmund Day and W. H. H. Wooster, both of Seymour, together with such persons as shall hereafter associate with them, be and they are hereby constituted a body politic and corporate, under the name of The Naugatuck Valley Electric Railway Company, and by that name shall have all the powers and privileges herein granted, as well as those usually granted to street railway companies in this state, and all such other powers as are or may be necessary to carry into effect the purposes and objects of this resolution.
Sec. 2. Said company is hereby authorized and empowered to locate, construct, and operate an electric railway in the towns of Naugatuck, Beacon Falls, and Seymour, with not more than two tracks, together with such turnouts, switches, and terminals as may be necessary and convenient for the full use of the same, that is to say: Commencing at a point in North Main street, in the town of Naugatuck, at the termination of the present track of the Connecticut Railway and Lighting Company; thence running southerly, in, along, and over said
North Main street, crossing Maple street, to South Main street; thence southerly in, along, and over said South Main street, to the River road, so called; thence southerly, in, along, and over said River road, in said town of Naugatuck, to the town of Beacon Falls; thence continuing in said River road, in said town of Beacon Falls, through the village of Beacon Falls, to the town of Seymour; thence continuing in, along, and over said River road, in said town of Seymour, to North Main street, to Meadow, through Meadow to Spruce and down Spruce to North Main, continuing in and along said North Main street and over or under the Naugatuck railroad, and along said North Main street and under or over said Naugatuck railroad to the junction of South Main street and Pearl street in the village of Seymour. Said company is hereby further authorized and empowered to construct, maintain, and operate the whole or any portion of a line of railway upon any private land or right of way which it has or may acquire near to the aforesaid route, or to deviate from such route and again enter the same, and to connect with the Connecticut Railway and Lighting Company at either or both termini, by any traffic arrangement that may be entered into between said companies.
SEC. 3. The capital stock of said company shall be one hundred thousand dollars, with the privilege of increasing the same to a sum not exceeding one million dollars, to be divided into shares of one hundred dollars each, which shares shall be deemed personal property and shall be transferable only on the books of the company, by the holder or his attorney, in such manner as the by-laws may prescribe; and said company is hereby authorized to issue full-paid stock at its par value in exchange for the whole or any portion of the cost of constructing and equipping said road, or in exchange for the stock, bonds, or property of any gas, electric light, street railway, or power company which it may purchase or consolidate with, as hereinafter provided.
Sec. 4. Said company is hereby authorized and empowered to use electricity or any lawful power except steam as a motive power upon said railway, and may erect, maintain, and use all necessary, proper, and lawful appliances for the purpose of operating said railway and for the proper distribution and application of the power used by it for that purpose. Said company may purchase and hold such real estate as may be necessary to fully carry out the objects of this resolution, and may collect and receive such reasonable toll or fare from each passenger transported over such road as the board of directors may from time to time determine.
Sec. 5. Said company is hereby authorized to secure any bonds issued under and by virtue of the provisions of the general statutes relating to street railways by a mortgage or mortgages upon the whole or any part of its property, rights, privileges, and franchises, and in case said company shall purchase or consolidate with any gas, electric light, street railway, or power company, as hereinafter provided, said company may issue additional bonds or stock, or both, for such an
amount'as it shall pay for the property, rights, privileges, or franchises of such gas, electric light, street railway, or power company, and may secure such bonds by a mortgage or mortgages upon the property, rights, privileges, and franchises so purchased.
Sec. 6. Said company is hereby authorized to lease, purchase, or consolidate with any gas, electric light, street railway, or power company, and to lease, sell, and dispose of all its property, rights, privileges, and franchises to any other company, upon such terms and conditions as the board of directors shall direct; provided, however, that any such action of the directors shall be ratified and confirmed by a two-thirds vote of the stockholders of both companies; and in such event the purchasing company may issue additional bonds, or stocks, or both, for such an amount as it shall pay for such company or companies, and it may issue its bonds, or stock, or both, in exchange for or in lieu of the authorized stock and bonds of such other company or companies; and in the event of such purchase, such purchasing company shall thereupon have the power to exercise, use, and enjoy all such rights, privileges, and franchises granted to the purchased company, in the same manner and to the same extent as though they had been originally granted to such purchasing company.
SEC. 7. Said company shall have the right within the towns of Naugatuck, Beacon Falls, and Seymour to take, in the manner provided by the laws of this state for the taking of lands for railroad purposes by railroad companies, such real estate of any nature as its directors shall consider necessary for the construction of any part of the railway described in section two hereof.
Sec. 8. The government and direction of the affairs of said company shall be vested in a board of not less than three directors, who shall be stockholders, and who shall hold their respective offices until others are chosen and qualified in their stead.
Said directors may from their number appoint an executive committee, and confer upon said committee such powers as they may deem proper; and said directors are hereby authorized to make, alter, and repeal lawful by-laws for said company for the management of the property and business of said company; they shall from their own number elect a president of said company, who shall also be the presiding officer of said board of directors, and also chairman of the executive committee, and shall also elect a secretary, a treasurer, and such other officers and agents as may be provided for in said by-laws.
Sec. 9. Any two of the corporators named in the first section of this resolution are hereby authorized to call the first meeting of the corporators, to open books of subscription to the capital stock, and when said stock has been fully subscribed to close the same, and shall call the first meeting of the stockholders at such time and place and upon such notice as they may deem proper.
Sec. 10. Except as otherwise herein expressly provided, this charter shall be subject in all particulars to the general laws relating to street railways and street railway companies.