Indiana Republican, Volume 2, Number 63, Madison, Jefferson County, 21 February 1818 — Page 1
.Rep
M "where liberty dwells, there is my country."
0
n. No. 1 1
MADISON, (INDIANA) SATURDAY, FEBRUARTu, 1818.
Whole No. 63.
PUBLISHED BY
0HN LODGE,
EVERV SATURDAY.
' tan" ivill bedchver.'d
Tf,rt dollars per annum ttlvancc, h i
...td.dlars and f (
IllVf'- . . -if 7, r i7r.
MTf, are paid. ,
llwo'j'isiblefor another year s
Vtion. ,.
Lmen's not exceeding a;--, L,rtd three times for a dollar;
m in proportion, ana .... of insertions desired, are not 1 thm willhv continued at the V thi advertiser, until ordered Letters to the Editor must
t paid.
W OF INDIANA.
iCTto incorporate the Jeffer-
nlk Obh Canal Company. RE AS it has been repre'sento this General Assembly ths obstructions to navi.1 1 . i.
ajn ia tiieumo river, u uic
it Falls opposite and in the dihorhood of the town of irsonville in the county of rk, and the state of Indiavery much empede and
barrassthe commercial trans-
iions of the states of Penn-
ania, 'Virginia, Ohio, Ken-
ky and -Indiana, and for
pay whereof, .
1. Be it enacted by the Ge
hsembly rf the state of ludt-
inac a company snail oe d for the purpose or' coninj;a canal on the northwest f the said Ohio river, the
holders of which and all s that hereafter may become
holders in the manner here-
provided and prescribed,
successors and assigns shall
d they are hereby created,
tuted, ordained and declar-
uc forever hereafter a body subject to the regulations,
huns and restrictions here-
p mentioned and directed,
"rporatein fact and in name,
J the name and stvle of the
nt, Directors and compa
re Jcilersonvillc Ohio Ca-
;fnpany, and by that name, aRd their successors shall continual succession and t)e persons in law, capable of
and iK!ing sued, pleaded g impleaded, answering
f;-,nb answered unto, defen-
being defended, in all Sand places whatsoever, in unner of suits, plaints and
p and that they and their l'SSOrs tnav lniVf .1 rnmmnn
ad make and alter the same
;le-r pleasure j and they and
their successors by the same name and style, shall be in law capable of purchasing, holding and conveying any estate, real or personal, for the use of the said corporation. Sec, 2. The capital stock of said company shall consist of twenty thousand shares of fifty dollars each, and books of subscription for stock, shall be opened under the direction of the president Directors and company of the said Jeffersonville Ohio Canal Company, at such times and places, and in such manner as the said President, Directors and Company, for the time being, or a majority of them shall prescribe, not inconsistent, with the constitution and laws of this state. See. 3. The stock property and concerns of the said company, shall be conducted by Benjamin Parke, James Scott, Jacob Burnet, Christopher Harrison, John Paul, William Prince, and Stephen Ludlow who are hereby constituted a board of directors with power to elect one of their body as president until the first Monday ot July next, and after that day the same shall be conducted and managed by thirteen directors, being stockholders who shall be elected by the stockholders, on the first Monday of July annually at such hour of the day and at such place, within this state, as the president and directors for the time being shall appoint and public notice shall be given by the said directors not less than thirty days previous to the time of holding such election by advertisements to be inserted in one or more newspapers printed in this state, and the said election shall be made by ballot by such stockholders as shall attend personally or by proxy, each share having one vote as far as ten shares, and one vote for every five shares aboveten, and a majority of the directors so chosen shall form a board, and shall at the first meeting every year, elect by ballot one ot their members to be their president, and the said board of directors shall have power, to appoint the time and place of all meetings for the dispatch of business, to appoint such superintendants, engineers, clerks, and other officers, agents and servants, and exact from them such security, for the performance of the duties assigned them, as the saiddirectors shall judge requisite for carrying into effect the purposes of this act, and to agree for and settle their wages, and pass and sign their accounts and also to make and establish rules of proceeding, and to make such bye laws, rules and regulations not inconsistent with the constitution of the U. States, nor the constitution and laws of this state as may be necessary for the purposes of this act.
Sec. 4. In case of the death, the purchase of such lands or for resignation or refusal to act of any the amount of compensation for director or directors chosen as a- such injury and damages as the foresaid it shall and may be law- case may be, but in case of disaful for the remaining directors af-. greement as to the price or value ter having given public notice at of land so taken as aforesaid or least fifteen days lor that purpose, as to the injury sustained or to proceed to elect by ballot a di- where the owner or owners is or rector or directors, to fill such va- are feme covert, under age non cancy or vacancies, and in case of compos mentis or out of the state, the absence, death, resignation or then it shall be lawful for the refusal to act of "the president, it judges of the circuit court, for shall and may be lawful for the the county in which the lands lie
said directors to chose a president or any one or them not being in
pro tern during such vacancy
Sec. 5. It shad, and may be lawful for the said company, its
president and directors or any o
terested in the said company or ia any of the lands in controversy, upon application of di her party to nominate five okinterestivf
ther person appointed under the persons to view and survey the
seal of the said company to enter said lands and to estimate the in upon and take possession of any jury sustained as . aforesaid, or land whether covered with water value of the lands ' so taken as aor not, which shall or may be ne- foresaid, and to report thereupon cessary for the prosecution to the said court without delay, of the works and improve- and on such report being conments contemplated, by this firmed, by the said court, the act, or whereupon it may be ne said President, Directors and cessary to open or construct any Company, shall pay to the said canal, lock dyke, embankment, owners respectively the sum menpond, dam or other work inten- tionetl in such report, in full com ded or permitted, by this act, pensation for the said lands or for without the consent of the own- the injury done as the case may er or proprietor of such land, be, -and upon such payment bebut the lands so taken and appro- ing made the said president dipriated, shall be valued and paid rectors and company shall be and for in the manner hereinafter pro- become seized in fee, of all such vided ; Provided that for the pur- lands and tenements as they shall pose aforesaid, it shall not be law- have taken possession of approful for the said company to take priated and paid for as aforesaid; and condemn a greater quantity and they and all those who may of land than two hundred acres, have acted under them shall, be Sec. 6. It shall be lawful for acquitted and exonerated of, and the said company or for any per from all claim, and demand on son or persons employed by or account cf such injury or damunder them for the purposes con- age. templated by this act from time Sec. 8. When ever the said cato time to enter upon . any lands nal shall cross any public or pricontiguous to the intended canal vate laid cut road or highway, or other works or the places which or shall so divide the grounds of
may oe selected ror me same, . ay pci&uu, a iu icmic a unuge
re-
with carts wagzons, carriages across the same, the
and beasts of draught and bur- ferees who shall be appointed to den and all necessary tools and enquire of the damages as aforeinstruments for making altering said, shall ascertain and report and repairing the said works or whether a bridge shall or ought any of them, and to take and to be constructed across the same, carry away any timber, stone, and in case the said referees shall clay,, gravel sand or earth, from report that such bridge is necessathe same for the purpose of mak- ry, then the said directors shall ing altering and repairing the cause a bridge, fit for the passage said works or any of them, but of carts and waggons, to be erectile said company shall in all cases ted and forever hereafter to be be subject to make compensation kept in repair, at every such place, for all damages occasioned there- so ascertained and reported by by, which compensation shall be the said referees as foresaid, at settled either by agreement of the the cost and charges of the said parties or in the manner herein company ; but nothing herein after prescribed : Provided howe- contained shall prevent any per-
nothing in this act shah he son rrom crecung ana Keeping m
construed so as to permit the said repair, at his or her own expense,
company or any person for them to any foot or other bridge across enteronanylandor lands, without the said canal, on his or krown theownersconsent which shall not land: Provided the same shall be ot lie within one hundred yards of suchheight abovethc wateras shall the Margin of said canal. be usual in the bridges erected by
Sec. 7. The president and di- the company, siian nm mrer:torsfor the time being, may fere with any lock or other build-
or Willi lilt; passage iu uimis,
rectors
,.-- n.impi- nr owners of
any lands so taken and appropri- vessels, rafts or works of the ' . ... r t nir
atcd or mjiiired as atorcsaid tov, cowyi -
y 1
