CHAPTER CCI. AN ACT to incorporate the Eagle Quartz Crushing and Mining Company. Be it enacted by the Governor and Legislative Assembly of the and powers. SECTION 1. That Charles Thacher, Charles W. Brown, Gustavus Stahl, and their associates, successors and assigns, are hereby declared to be a body politic and corporate, under the name of the "Eagle Quartz Crushing and Mining Company," Corporate name and by such name they and their successors and assigns shall have continual succession, and all the rights and privileges of a body corporate, such as contracting and being contracted with, suing and being sued, pleading and being impleaded, in all proper courts; and they and their successors may have a common seal, and may make and alter the same at pleasure; and the said company shall have full power and authority to open and work any and all mines of gold, coal, and all mines of gold, coal, or other minerals or ores that may exist on any lands which the said company may acquire in the territory of Kansas, and on such lands to erect furnaces, foundries, forges and manufactories, of every kind and description, necessary for the manufacture of such ores and minerals; and they and their successors, as a body corporate, by the aforesaid name and style, shall be competent and capable of purchasing, receiving by donation, gift, grant or devise, holding, mortgaging and conveying any property or estate whatever, real, personal or mixed. SEC. 2. That the capital stock of said corporation shall be or stock. ten thousand dollars, with the privilege of increasing the same; which capital shall be equally divided into shares of five hundred dollars each, entitling the holder thereof to one vote, either in person or by proxy, in the election of the board of directors. SEC. 3. That said company and their associates shall act as commissioners to procure subscribers for the stock of said company, and for that purpose shall open books at such places Open books. and on such days, after the passage of this bill, as they may deem proper; and as soon as six shares are subscribed, and the amount thereof paid in, they shall notify the stockholders of when meet to the fact, designating some convenient time and place to meet and hold an election for directors. elect. Management. Officers. Vacancies. Of stock. Liable. Keep books.. Treasurer give bonds. Duties. SEC. 4. The management of the affairs of said corporation shall be vested in five directors, who shall be stockholders, two of whom, with the president, shall constitute a quorum to do business; such directors shall hold their office for one year, and until their successors are elected and qualified. SEC. 5. The board of directors, as soon as practicable after their election, shall proceed, by ballot, to elect from among themselves one person to be president of said company, and then shall proceed to appoint such subordinate officers as by the by-laws of said corporation shall be required, and at pleasure shall remove such subordinate officers, and at any time fill all such vacancies as may in any way happen; and such board of directors shall have power to make and prescribe such bylaws, rules and regulations, not repugnant to this act, or the laws of this territory, as they may deem necessary and proper for the control and management of the affairs and effects of said corporation; and in case of a vacancy in said board, by death or otherwise, the remainder of said board shall have power to fill the vacancy. SEC. 6. The stock of said company shall be assignable and transferable, subject to such rules and regulations as the board of directors may make and establish, and said stock shall be considered personal property. SEC. 7. That from the time said company shall be organized and the certificates of stock issued, all the property, real and personal, moneys, credits, and effects of said company shall be liable for the debts of the same. SEC. 8. The directors shall, at all times, keep, or cause to be kept, at some proper place, proper books of accounts, in which shall be entered all the transactions of the said corporation, which books shall, at all times, be subject to the inspection and examination of the stockholders of said company. SEC. 9. The treasurer of said company, before entering upon his official duties, shall enter into a good and sufficient bond, to be determined upon by said board of directors, conditioned for the faithful performance of his duties, and for the delivery to hissuccess or in office, or to the board of directors, all monies, bonds, bills, papers, notes, books and other things which may come to his possession as treasurer of said board or corporation. The treasurer shall keep a just account of all moneys and effects received and paid out, and on what account, and render an account of the receipts and expenditures of the corporation to said board of directors at least quarterly; all which books and accounts shall be kept open to the inspection of the board of directors and stockholders at all times. SEC. 10. It shall be the duty of said board of directors to Dividend. make and declare an annual dividend, on the shares subscribed, of so much of the surplus profits arising from the business of the said corporation as they or a majority of them may deem advisable; which dividend shall be subject to the call of the stockholders at any time after such dividend shall have been made. boads. SEC. 11. In raising money for the completion of any of the May issue objects set forth in this act of incorporation, the company shall have the privilege of issuing its bonds, in sums not less than ten dollars, redeemable at any time after one year from date, bearing interest at such rate as said board of directors shall or may determine. SEC. 12. This act to take effect and be in force from and after its passage. GUSTAVUS A. COLTON, Approved February 27, 1860. S. MEDARY, Governor. President of the Council. CHAPTER CCII. AN ACT to incorporate the Gaston Quartz Mining Company. Be it enacted by the Governor and Legislative Assembly of the and powers. SECTION 1. That Marshall Cook, John J. Storm, Palermo Wiley, William Emery, Samuel G. Jones, their associates and successors, are hereby constituted and declared a body politic and corporate, by the name and style of the "Gaston Quartz Corporate nam Mining Company," and by that name shall be capable of 'making contracts, of suing and being sued, of pleading and being impleaded, in all matters whatsoever, in all courts of law and equity in this territory, and elsewhere; said company is authorized to have and use a common seal, and to alter the same at pleasure, and to make such by-laws and regulations as Acquire estate. Of stock. Same. Location. Term. from time to time may be deemed necessary for the government of said company and the management of its affairs. SEC. 2. Said company is hereby authorized to acquire, by purchase or otherwise, real and personal estate sufficient to carry into effect the objects and purposes of said company. SEC. 3. The capital stock of said company shall be five hundred thousand dollars, divided into shares of one hundred dollars each. SEC. 4. That the stock of said company shall be deemed personal property, and the said company may, by by-laws, prescribe rules for the issuing of said stock and the transfer thereof by each individual stockholder. SEC. 5. Said company shall be located at Gregory Diggings, Arrapahoe county, in said territory of Kansas. SEC. 6. This act to take effect and be in force from and after its passage, and continue in force for the term of ten Corporate name and powers CHAPTER CCIII. AN ACT to incorporate the Great Western Mining Company. SECTION 1. That William J. King, Louis N. Tappan, Sam. F. Tappan, S. Rankin, W. C. Dunton and J. B. Woodward, their associates, successors and assigns, are hereby constituted a body politic and corporate, under the name and style of "The Great Western Mining Company," the capital stock of which shall be fifty thousand dollars, which may be increased to any amount not exceeding five hundred thousand dollars, to be divided into shares of one hundred dollars each, and by that name shall have continued succession, may sue and be sued, implead and be impleaded, defend and be defended against, and may make and use a common seal, and shall be competent an capable, in law and equity, of entering into and executing contracts, of taking, holding, using, possessing and enjoying the fee simple or other title in and to any property, real or personal, and of executing their obligations, bonds, certificates, deeds, mortgages and conveyances for the same, and make bylaws, rules and regulations, proper for carrying into effect the provisions of this act. Of other powers. SEC. 2. Said company shall have full power and authority to carry on the business of mining on any lands which the of mining and said company may acquire in the Territory of Kansas, and open and work any mines of minerals or ores they may become possessed of, either in fee simple or other title, under the laws of the Territory of Kansas or the United States; erect buildings and machinery, construct watercourses and build roads and bridges to and from such mines, and construct such other Roads, &c. works, and do such other acts as may be deemed advisable by said company, in order to open and work such mines and obtain and dispose of the ores, minerals, and the proceeds thereof, and on such roads, bridges, watercourses or other constructions and improvements, which they may make, they may establish toll-gates, to collect and exact toll from persons using Tolls. said improvements; and the said company shall have the right of way over any lands through which such roads, ditches, or other constructions may pass: Provided, that the said company pay all damages or injury, which may be done by the making of such roads or other constructions, or shall have obtained the right of way from the proprietor of such land, such damages to be assessed by a jury upon the order or warrant of any justice of the peace of the county through which such road may run, upon ten days' notice, and such jury shall take into consideration in their assessment as well the benefits derived as the injury done to any such premises. SEC. 3. Within six months after the passage of this ac', the said corporators shall meet at such time and place as a majority of them may designate, and organize a board of di- Organize. rectors, and when organized shall cause books to be opened for Open books. the subscription of the capital stock of said company at such times and places as they may designate under the supervision of such person or persons, as they may appoint, and may continue them open so long as they may deem proper, and may re-open such books, when necessary, until the required stock shall be subscribed. |