Page:United States Statutes at Large Volume 16.djvu/148

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114 FORTY·-FIRST CONGRESS. Sess. II. C11. 80. 1870. R°u'°“d·*•&°- workman of such company, on account thereof§ on such company paying into court a sufficicnt sum, as the court may direct, to pay the compensa- Pai-ttes inter- tion thcrefor, when finally ascertained; and in every such case the party °“*°d QPF Bash interested in real estate may conduct the proceedings to a conclusion, if §$§§°,m;l§;;i,y,, the company dela s or omits to prosecute the same. Cgmpymymgy Sec. 25. And L £¢_furtfaer enacted, That such company may, from time }:*;`g*¥);:3;*“g’;d to time, borrow such sums of money as they may dec-m necessary for com. mmgngs plc? pleting or operating their railroad, and issue and dispose of their bonds erty to secure for any amounts so borrowed, lor such sums and at such rates of interest §:§£‘°‘“°f *1*** as may be agreed upon, and mortgage their corporate property and fran. chises to secure the payment of any debt contracted by such company; Bonds may be and the directors of the company may confer on any holder of any bond

f;‘Q}"·‘l’l° l“‘° issued for money borrowed as aforesaid the right. to convert the principal

' due or owing thereon into stock of said company, at any time not exceeding filteen years from the date of said bond, under such regulations as the may be sold company may adopt; and such company may sell their bonds whenever “'h°"°'°'¤ M' they may deem proper, and such sales shall be as valid as if such bonds begggfsdngaéy should be sold at pur value. But such corporation shall not have power mi; of cnpmu to issue any bonds or to execute any mortgages upon 1ts property or stock in paid- lraucliisos until at least one hall`of the capital stock shall have been fully aid. New locititiolps P Sec. 26. And be z': further enacted, That if nt any time after the loca. gltgpbrggggtistgd tion ol the track of such road, 111 whole or in part, and the tiling of the map thereoil it shall appear to the directors of such company that the line thereof may be improved, such directors may, from time to time, alter the line, and cnuze a new map tfptlie plug in tlye sing rcg1>tpr’s ollifzc, and 131); t icreu on to c ossessiono no an s em race in suc 1 new oca 10D a may bl; required {hr such construction and maintenance of such road on such new line, either by agreement with the owner or by such proceedings as aye autlfioikizeil under tlyc pfegeding sectiortrs of pig act, and use the same in iucc o tie me or w nc o new is su stitu e . P¤‘¤Vl¤l¢>¤_l`°¥ di-xc. 27. And be it jin ther enacted, That whenever the track of such

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fk;,f;°;B°""g railroad shall cross a road or highway, such road or highway may be car-

. ried under or over the track, as may be most expedient; arid in cases linignripllzrgzyrrg where an embankment or cutting shall make a change in the line of such highway road or highway desirable, Wll3l1·8.~\'1B\\' to a more easy ascentor descent, the said company may take additional lands for the construction of such road or highway, or such new line as may be deemed requisite by the directors. Unless the lands so taken shall be purchased or voluntarily given for the purposes aforesaid, compensation therefor shall be ascertained in the manner in this act provided, as nearly as may be, and duly piado bydsuch corporation to the owners and persons interested in such an s, an the same, when so made and com icnsation made to become part of such intersecting road or highway, inl such manner and by such terms as the adjacent parts of such highway may be held lor highway purposes. C<>¤d¤<>¤¤¤‘¤ Sec. 28. And be it farther enacted, That every conductor, baggage Q;dpf§;:§"0°; master, engineer, hrakeman, or other employees of any such railroad 001* ¥»’?`?’€"€l‘·?i·¥??‘?€’» E§§ii°iZ’Z;r°K`p‘IlX¥?ll §L1Z.‘é2‘”Z“€.§3 2m'}:- if 2I.»?“*".§°2§.l°£- "§`?FZZg$£Ti ‘ wics mieisi, $,§::,:@g2,gL)c,; me inipal letters of the stylclinf the gorporation by which he is employed. no exercise- t ' agmomy umm morgcoeievcgoyrpgrfpductor ylvithout suich badpe shallkdemand, or he entitle? ° mu. such , l y passe ger any are, to ,Ol` tic et, or exercise any 0 bacée. the powers of his office; and no other of said officers or employees without such badge shall have any authority to meddle or interfere with any passenger or property. Annual upon Seo. 29. And be it further enacted, That every such corporation shall make an annual report to the clerk of said supreme court of the operations of the year ending on the first day of January, which report shall