HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.slavery/ssactsal0554 and id is 1 raw text is: or works of said company, or any engine, machine or skrue-
ture, or any matter or thing appertaining to the same, shall
be stopped, obstructed, impaired, weakened, injured, or
destroyed, the person so offending shall be deemed guilty Damage.
of a misdemoanor, and shall forfeit and pay to said com-
pany double the amount of damages sustained by reason
of such offenso or injury to be recovered in the name of
said corporation, with costs of suit instituted for that
purpose.
.Sc. 15. And be it further enacted, That the Directors of
said company may require the payment of the sum or sums
subscribed to the capital stock of said company at such Stockholders.
times and in such proportions, and upon such conditions
as they may deem fit, and in case any stockholder shall
fail or neglect to make payment pursuant to the requisi-
tions of the Board of Directors, the stock of such stock- Board directors.
holder, or so much as shall be necessary may be sold by
the Directors of said corporation at public auction, after the
lapse of ninety (lays from the time which the payment
became due, and the surplus money, the .vail of such sale
after deducting the payment due and the interest thereon,
and the necessary expenses of sale shall be paid over to
such delinquent stockholder.
SEc. 16. Be it further enacted, rrlat the construction of
said railroad shall be commenced within three years, and
be finished in ten years.
Ai'POVED, February 25, 1860.
No. 155.] AN ACT
To incorporate the Marion Insurance and Trust Company.
SEC. 1. Be it enacted by the Senate and House of Represent*
atives of the State of Alabama in General Assembly convened,
That there shall be established in the town of Marion, the
county of Perry, a company to be called and known by
the name and style of the Marion Insurance and Tiust Name and style.
Company, and that the same be invested with power and
authority to make general insurance upon houses, stables,
machinery, cotton, corn and other produce; upon lives and
health, both of white persons and of slaves, u on stock of
every description, upon vessels, boats, freights, money,
goods, wares and merehandjac, and any other species of
property, against loss in any manner by fire, dangers of the
1859-'60.
149](ViewImageLocal?handle=hein.slavery/ssactsal0554&div=1&collection=&method=preview&ext=.png&size=3)