Section 5. That in all cases where the company and the Damages for maowners of land and materials cannot agree upon the amount of terials and land, relative to. damages claimed, either for land or materials, the said company may tender a bond, with sufficient security, to the party claiming damages, the condition of which shall be that the company will pay, or cause to be paia, such amount of damage as the party shall be entitled to receive, after the same shall have been agreed on by the parties or assessed according to law : Provided, That Proviso. in case the party or parties, claiming damages, refuse to accept the bond or bonds tendered by the said company, the said company may in such case present their bond or bonds to the court of common pleas of the proper county, or to any one of the judges thereof; and if the said court or any one of the judges thereof approve the security, they shall direct the said bond or bonds, to be filed in the prothonotary's office of said court, for the benefit of those interested, whereupon the company may enter upon or take possession of such land and materials. Section 6. That in all cases in which the owners of land and Damages by mi. materials are minors, it shall and may be lawful for the guardian Dors, relative to. of such owners, and the said company, amicably to adjust the amount of damages to be paid, if they can agree ; and on payment of the amount, it shall be lawful for such guardians to release said company from all claims therefor, and to execute all necessary papers in the premises; in case the said parties cannot agree, the said company may proceed as is provided in the fifth section of this act. Section 7. That if the said company shall not commence Limitation. their road within three years, or complete the same within six years from and after the passage of this act, then the same shall be null and void, except so far as the same shall be necessary to settle up the affairs and pay the debts of said company. Section 8. That the directors of said company are hereby Interest on in. JOHN M. THOMPSON, WM. M. FRANCIS, Speaker of the Senate. APPROVED—The twenty-second day of March, Anno Domini one thousand eight hundred and sixty. WM. F. PACKER. No. 613. AN ACT To incorporate the Oil Creek Railroad Company. SECTION 1. Be it enacted by the Senate and House of Represen. tatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Commissioners. John W. Howe, Andrew L. Smith, William C. Hunt, A. W. Miniford, George Merriman, Alexander Power, Philip Gassler, receive subscriptions and organize a company, by the name, style Style. and title of the Oil Creek railroad company, with all the powers Subject to and subject to all the provisions and restrictions prescribed by an act regulating railroad companies, approved the nineteenth day of February, one thousand eight hundred and forty-nine. Capital stock. Section 2. That the capital stock of said company shall coo sist of two thousand shares, of fifty dollars each: Provided, That said company may, from time to time, by a vote of the stockholders at a meeting called for that purpose, increase ihe capital stock so much as in their opinion may be necessary to complete the said road, and to carry out the true intent and meaning of this act. Boute. Section 3. That said company shall have the right to build and construct a railroad, beginning at or near Garland station, on the Sunbury and Erie railroad, in the county of Warren, and thence by such route as shall, in the opinion of the directors, best conduce to the public interest, to the borough of Titusville, in the county of Crawford ; and the said company shall bare power to extend their road to the mouth of Oil creek and the borough of Franklin, in the county of Venango, and shall have the right to connect their said road with the Allantic and Great Western railroad, at any point within the counties of Crawford and Erie. May borrow Section 4. That the president and directors of said company money. shall have power to borrow money from time to time, in such sums as they may think proper, and at such rates of interest, for the construction of said railroad, and the procuring of the roll ing stock therefor, and to pledge the said road and stock, or any Prorico. part thereof, for the payment thereof: Provided, That said com pany shall not issue bonds of a less denomination than one huge dred dollars. Limitation. Section 5. The said Oil Creek railroad company shall complete their road ready for running, in five years from the fret day of June, one thousand eight hundred and sixty-five. JOHN M. THOMPSON, Speaker of the House of Representat ires pro tem. WM. M. FRANCIS, Speaker of the Senate. APPROVED—The second day of April, Anno Domini one thonsand eight hundred and sixty. WM. F. PACKER. To an act incorporating the East Brandywine Railroad Company, in Ches- and completion, SECTION 1. Be it enacted by the Senate and House of Represen- SECTION 2. That the directors of said company are hereby au- May borrow SECTION 3. That the said company is hereby authorized to May connect from Pennsylva SECTION 4. That the Pennsylvania railroad company is hereby May receive ald Speaker of the House of Representatives pro tem. WM. M. FRANCIS, Speaker of the Senate. APPROVED-The third day of March, Anno Domini one thou sand eight hundred and sixty. WM. F. PACKER. No. 615. AN ACT Seal. To incorporate the Farmers' Western Market Company. Section 1. Be it enacted by the Senate and House of Represen. tatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Corporators John L. Young, William F. Simes, E. T. Hyatt, L. S. Heins, J. H. Pauling, Isaac W. Van Houten, Thomas Erskine, John W. Simes, junior, and George W. Hawkins, and their associates, and all persons who may now or hereafter be holders of the stock hereinafter mentioned, shall be and they are hereby declared to be constituted a body politic or corporate, by the style of the Style. Farmers' Western market company; to have perpetual succession ; to be capable, in law, of suing and being sued ; to have a common seal, and the same to alter and renew at pleasure ; to Powers and privi- have, hold, receive and enjoy, and take, in fee simple or upon leges. ground rent, such real and also such personal estate as may by them be deemed necessary and proper for the ownership and for the contruction, and for the proper use and management, and maintenance of a market house, to be located north of Market street and west of Twenty-first street, in the city of Philadelphia, and for the accommodation and use of any parties who may be desirous of renting and occupying the same, with full power to sell, mortgage, create the necessary ground rent deeds, or convey the said real and personal estate. Object and par SECTION 2. That the object and purpose of the said corporaposes. tion shall be to erect and maintain a suitable building or buildings, and stalls, with all other things necessary for the use thereof, at any place within the limits of the city of Philadelphia, north of Alarket street and west of Twenty-first street, the same to be appropriated and used as a public market house, for the sale and vending of meat and vegetables, and all other kinds of victuals and provisions whatever; the said building or buildings, the stalls, or any one or more, or all of the same, to be leased, rented or disposed of in such manner, and upon such Proviso. terms and conditions as the managers shall determine: Prorided, Such by-laws and regulations shall not exclude farmers from any rights, privileges and immunities in renting stalls and sell. ing produce therefrom, that are or may be granted to any citiProviso. zen of Philadelphia or elsewhere: And provided also, That some uniform rule in renting or letting out of stalls shall be established by the managers and corporators, and printed in English, and hung up in some conspicuous place in the said market house Proviso. or houses : And provided also, That upon application being made, at the time or times set forth in the above provided rule, and in conformity therewith, the farmers of the state of Penn sylvania shall be entitled to fifty per cent. of the said stalls. Capital stock. Section 3. That the capital stock of the said corporation shall not exceed one hundred thousand dollars, divided into five thou sand shares of twenty dollars each, and shall be in such form, and be issued and transferred in accordance with such by-laws as the said managers may establish. Section 4. That the government and control of the said com- Officers and dupany, and the management of its property, shall be vested in, ties of. and the corporate powers of the said company shall be exercised by, a president, secretary, treasurer and six others, who shall constitute the board of managers who shall be elected, by ballot, from among the stockholders, and shall continue in office until their successors be elected; they shall supply all vacancies in their number, however occasioned, and shall have full and entire control of the affairs and interests of the company; and, until other officers be duly elected, the persons named in the first section of this act shall be held to be managers of the said company, and shall have full power and authority as such. Section 5. That à general meeting of stockholders be held, Annual meeting annually, on the third Friday of January, for the election of a of stockholders. president, secretary, treasurer and six others, to form the board Election of offiof managers as above provided, and the transaction of such other cers, &o. business as may be laid before them; if such meeting or election shall not then take place, the corporation shall not for that cause be dissolved, but such meeting or election shall take place as soon thereafter as may be, one week's public notice thereof Notico of to be being given in at least three daily papers, published in the city published. of Philadelphia ; and special meetings of the company may be called and held as may be provided by the by-laws thereof; and that in the enactment of by-laws for the government of the corporation and its officers, and in the election of officers, and the decision of all questions, and at all the meetings of the company, the stockholders present, either in person or by proxy, shall severally be entitled to one vote for each share of stock held Votes. by them. SECTION 6. That the privileges hereby granted shall extend Limitation. JOHN M. THOMPSON, WM. M. FRANCIS, Speaker of the Senate. APPROVED— The second day of April, Anno Domini one thou. sand eight hundred and sixty. WM. F. PACKER. |