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![handle is hein.slavery/ssactsal0627 and id is 1 raw text is: 121 it@S.
tenements, furniture, and other personal property now
on the promises ; and Raid stock may be valued by said
company at any sum not exceeding three hundred thou. Value of aid
sand dollars, as the directors may determine, to be divi-
ded into shares of live thousand dollars each ; and each
share shall entitle the original subscriber to sixty days
board for himself, or thirty' days board for himself and
wife.
SEc. 5. lHe it ltirthei onacted, That the board of di-
rectoris shall consist of not loss than three persons, whO Board of DW
may elect a president from their number, and tich other motors.
officers as they may dccim necessary to carry on their
business, who shall hold their offices for twelve months,
and until their successors shall be appointed ; and in
case of the death or resignation of a member, the sur-
viving members, or a Majority of them, may fill the va-
cancy.
Sc. 7. Be it further enacted, That each stockholder
in said company shall be individually ljablo (over and untilit of
above his stock) for the debts and liabilities of -aid coi-stockhoiders
pany, to an anount equal to the stock owned by him,
which liability shall be for all such debts and liabilities
as are created, or shall accrue, during the tim he shall
be a stockholder, and each successive stockholder Shall
ho in like manner boind.
Approved December 13th, 1864.
No. 14:] AN AC'
To incorporate the Pioneer Express Company.
SECTIoN 1. Be it cnacted bUl the Senate and House of Rep-
iesentatives of the State of Alabama in General Assembly
convened, That George Robertson, George Whitfield,
Thomas S. Tato, jr., Luke J. Whitfield, N. E. Goodwin, Nams o i-
C. S. Williams, W. M. Pepper, and their associates, sac
sessors and assigns, be, and are hereby created and do-
clared to be a body corporate and politic, under the
name and style of The Pioneer Express Company,) Name of Cor
and by that name may contract and be contracted with, porAtea.
sue and be sued, plead and be impleaded in any court of
law or equity whatsoever, and may make, and have, and
use a common seal, to be changed at pleasure.
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