scription after the organization of said Company, the Directors or their duly authorized Agents, may sell at auction after thirty days notice, and transfer to the purchaser the shares of the delinquent, and if the proceeds of the sale shall not be sufficient to pay the amount then due on said subscription, with interest and charges, said delinquent subscriber shall be held liable to the Company for the deficiency due on such subscription, and if the proceeds of any such sale should exceed the amount so due with interest and charges, said delinquent shall be entitled to the surplus."

SEC. 3. That the seventh section of said act is hereby amended so that the same shall hereafter read as follows:

"That no debts or liabilitics contracted, or losses sustained by said Company shall be binding individually upon the stockholders, for any sum exceeding the amount of their respective shares Provided that the Directors, Officers or Agents of said Company may be held personally liable for their acts, as provided in section four of this act.

SEC. 4. That the thirteenth section of said act is hereby amended so that the same shall hereafter read as follows:

Said Company shall have no power or authority to issue its bonds or to mortgage, hypothecate or in any manner to pledge its corporate property by the creation of a voluntary lien, excepting and provided that the stockholders by a vote of two-thirds of all the stock, may at any regular meeting authorize the issue of its bonds to secure the benefit of an act entitled an act to provide for the investment of the special school fund in the bonds of Railroad Companies incorporated by this State, passed August 13th, 1856, or any act supplemental or amendatory thereof in conformity to the provisions of said acts, and any other lien created or attempted, or purporting to be created shall be utterly and absolutely void; and it is further provided that in case the Directors of said Company, or any officer or agent connected with the construction or repairs of said Railroad, or in the mauufacture or purchase of materials, shall make any purchase or contract in behalf of said corporation without ample funds in the Treasury to liquidate the obligation or obligations arising therefrom, together with all previous obligations in behalf of said corporation theretofore incurred and existing, the said Directors officers and agents so participating and engaged in the creation of snch obligation, shall be jointly and severally liable personally, for the full amount of such demand at the suit of any person or persons, or corporation to whom the same may be due. In case the Company shall at any time purchase or

acquire the Railway and right of way of the Galveston. Houston and Henderson Railroad Company, from the city of Houston to the city of Galveston, as provided for in the third section of the act to which this is an amendment, thereupon the principal office of the Company shall be established in the city of Galveston, and the Company shall be required thereafter to continue, to maintain, run and operate all of said portion of said Railway so purchased or acquired.

SEC. 5. That the seventeenth section of said act is hereby amended so that the same shall hereafter read as follows:

"That the stockholders in said Company shall be required to pay in five per cent. upon their stock subscription on or before the first meeting of said stockholders as herein before provided, and no stockholder shall be entitled to vote upon his stock subscription until the said five per cent. installment has been paid, and shall be required to pay thereafter such assessments, or calls on their stock subscriptions as may be made by order of the Board of Directors of said Company. And any stockholder failing or refusing to pay the amount at any time, so assessed on his or her stock within sixty days after the time named for such payment, such stockholder shall not be entitled to hold the office of Director, to vote in virtue of said stock, or to draw any dividend or account thereof, so long as the installments called for remain unpaid or unsold, as provided for in section third of this act, which is an amendmeat of the fifth section of said original act."

SEC. 6. This act and the act to which this is an amendment shall take effect and be in force from and after the first day of March, A. D. 1860.

Approved 25th January, 1860.

CHAPTER 51.

AN ACT legalizing the Colony certificate of George Gochmann. SECTION 1. Be it enacted by the Legislature of the State of Texas, That the Colony certificate issued by the Commissioner of Fisher and Miller's Colony, to George Gochmann, on the 30th day of April, A. D. 1859, for three hundred and twenty acres of land, shall be good and valid, although it has not been reported by the said Commissioner, and that the said certificate may be

cated and surveyed on any vacant land in Fisher and Miller's Colony and patented as in other cases.

SEC. 2 That this act take effect and be in force from its passage.

Approved Jan. 25, 1860.

CHAPTER 52.

AN ACT to incorporate the San Antonio Gas Company. SECTION 1. Be it enacted by the Legislature of the State of Texas, That Isaac L. Lyon, John C. French, Asa Mitchell, William Vance, James Vance, Newton A. Mitchell, N. O. Green, George T. Howard, E. A. Florian, H. P. Howard, J. H. Kompman, Francis Guilbeau, William A. Menger, August Nette and their associates, be and they are hereby declared and constituted a body politic and corporate, under the name of the San Antonio Gas Company, with the capacity to make contracts, to have succession and a common seal, to make by-laws for its government, and in its corporate name to sue and be sued, to grant and receive and generally to do, and perform such acts and things as may be necessary and proper for, and incident to the fulfillment of its obligations or maintenance of its rights under this act and consistent with the provisions of the State Constitution.

SEC. 2. That said Company be and is hereby established, with the right of erecting, owning and maintaining works for generating gas in the city of San Antonio, and laying down pipes for conveying in the streets, lanes, alleys, and other public grounds, within the city of San Antonio and its suburbs pipes for the conveyance of gas in and through said city and its suburbs.

SEC. 3 That the capital stock of said Company shall be one hundred and twenty thousand dollars, with the privilege of increasing the same to two hundred and fifty thousand dollars and shall be divided into shares of one hundred dollars each, and holders of such shares shall constitute said company, and each member shall be entitled to one vote for each share he may own, in person or by proxy, and such shares of stock shall be transferable only upon the books of the company.

SEC. 4. That the affairs and business of said Company shall

be conducted and managed by a Board of Directors, not less than three nor more than seven, who shall be elected by the company at such time as the stockholders may appoint, and annually thereafter: Provided, that in case of failure to elect at the stated times, the Board of Directors incumbent shall continue in office until there be an election, the time for which shall be fixed by said Board, reasonable notice thereof being given.

SEC. 5. That no person shall be eligible for Director unless he be the owner of at least ten shares of the capital stock of said Company. The Board shall elect one of their number President, fill all vacancies, appoint such officers as they may deem necessary, and require security for the faithful performance of their duties, also prescribe the time for the payment of assessments on stock, and the amounts of such assessments, to declare the forfeiture of stock for non-payment of stock assessments, or any part thereof, and to do or cause to be done all other lawful acts, or things which they may deem necessary or proper in conducting the business of said Company, a majority of said Board of Directors shall constitute a quorum for doing business. All instruments in writing executed by the President and Secretary of said Company, by and with the consent of the Board of Directors, shall be valid, and binding on said Company.

SEC. 6. That said Company shall have the privilege of owning real estate not exceeding one hundred thousand dollars in value.

SEC. 7.

That this act shall take effect and be in force from and after its passage.

Approved Jan 26, 1860.

CHAPTER 53.

AN ACT To ir corporate the Jacksonville and Neches Bridge Company.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That E. B. Ragsdale and those persons he may associate with him, be and they are hereby constituted a body corporate and politic, under the name and style of the Jacksonville and Neches Bridge Company; that under such name and style they

may sue and be sued, plead and be impleaded, and in such corporate capacity are hereby authorized to build and construct a bridge over and across the Neches River, at a point known as Peter C. Ragsdale Bluff or Reynold's Fishing place, and at a point the most practicable and direct from Jacksonville in Cherokee county to the town of Palestine in Anderson county.

SEC. 2. That the said E. B. Ragsdale and his associates shall construct said bridge in a durable and substantial manner, within three years from the passage of this act, and shall keep the same in good repair for all passengers for the term of twenty years from the completion thereof, and be ready at all times to pass all persons, carriages, wagons and teams, and stock, that may wish to cross said bridge, and that no other bridge shall be built or constructed within three miles of this bridge on said river.

SEC. 3. That the County Court of Cherokee county shall appoint two Commissioners on the application of said Company, whose duty it shall be to examine and approve said bridge and report the same, when completed and in good order, to said County Court, at a regular session thereof; and when the said Commissioners shall have reported as aforesaid, the said Company may demand and receive from every person crossing said bridge, toll, according to the following rates:

"For all carriages and wagons, ten cents per wheel and five cents per head for the team attached thereto; for horse or mule and rider, ten cents; for loose horses and mules, five cents per head; cattle per head, two and a half cents; hogs, sheep and goats, one cent per head."

SEC. 4. That said E. B. Ragsdale and his associates shall be responsible for any accident which may happen to any one so crossing, if it be clearly manifest that such accident was 'caused from any insufficiency pertaining to said bridge.

SEC. 5. That the State of Texas release and give to the said Company, any timber necessary to construct said bridge, which may be found on any vacant and unappropriated land belonging to the State, at any point near or accessible to the point where said bridge is to be constructed.

SEC. 6. That the counties of Cherokee and Anderson shall have the right to purchase said bridge at any time, by paying the actual value to the owner for the same-and in case the parties cannot agree, the Chief Justice of the county shall file a petition for that purpose in the District Court of Cherokee county, and said Court shall submit the question of the value of said bridge to a jury, which question shall be tried like other