Charter

Charter of Scottsville and LeRoy Railroad

CHAPTER 420

AN ACT to provide for the construction of 3 railroad from Scottsville to LeRoy.

Passed May 21, 1836

Sec. 1. All persons who shall become stockholders pursuant to this act, shall be and they are hereby constituted a body politic and corporate for the term of fifty years by the name of "The Scottsville & LeRoy Rail-Road Company." for the purpose of constructing and maintaining a rail-road between the village of Scottsville in the County of Monroe and the town of LeRoy in the county of Genesee, commencing in or near the village of Scottsville, and running thence through Mumford and Caledonia to such point in the town of LeRoy, and on such roads as a majority of the directors of said company shall determine to be best adapted to the public accommodations, and may take, transport, carry and convey property and persons upon the same, by the power and force of steam, or animals, or any mechanical power, or of any combination of them.

Sec. 2. If the said corporation shall not, within two years from the passage of this act, commence the construction of the said road, and expend at least the sum of five thousand dollars thereon, and shall not, within four year from the passage of this act, finish the said road, and put the same in operation, then the said corporation shall henceforth forever cease, and this act shall be null and void.

Sec. 3. The capital stock of said corporation shall be two hundred thousand dollars, which shall be divided into shares of fifty dollars each, which shares shall be deemed personal property, and be ventes exceptionnelles transferred in such manner as the said corporation shall in its by-laws direct; and Powell Carpenter, Abraham Hanford, Philip Garbutt, Elihu H. S. Mumford, Clark Hall, Ira Carpenter, Thomas Halsted, Nathaniel Clark, Donald McDonald, and Thomas Brown, shall be commissioners or receive subscriptions and distribute the stock.

Sec. 4. The corporation hereby created, shall possess and enjoy all the privileges and provisions which are granted to, and made in favor of, the corporation created by the act "AN ACT to provide for the construction of a railroad from Attica to Buffalo." passed May 3, 1836, and shall be subject to all the conditions and restrictions which by the act aforesaid, are imposed upon the corporation therein referred to, except as herein provided.

Sec. 5. Any application to be made to a vice-chancellor under this act, shall be made to the vice-chancellor of the circuit in which the land proposed to be taken, shall be situated: All notices and meetings required in the act above referred to, shall be published and held in one of the counties through which the said rail-road hereby authorized, is to be made.

Sec. 6. The said corporation may receive a sum not exceeding five cents per mile for the transportation of any passenger and his ordinary baggage.