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An Act to Incorporate the Louisville and Arkansas Mining and Marble Company. 1852-1853 137 (1852)

handle is hein.slavery/ssactsar0097 and id is 1 raw text is: 137 tion of the road, the company shall have the power to appropriate such material to said purpose; and if the owner or owners of such material shall demand payment for the same, and the owner or owners and the company cannot agree as to the value, three com- missioners may be appointed in the same way and' with the same powers as are fixed for the valuation of land in the 15th section of this act. The right of way through all lands owned by the state, is hereby given to said railroad company. In the event that the sum of four hundred thousand dollars shall not be subscribed, as required in the 4th section of this act, then, the said subscribers may construct a plankroad, beginning at the point designated, op- posite the city of Memphis, and extending through the low lands of the Mississippi, to some suitable point on the St. Francis river, in the direction of Little Rock; said plankroad to be constructed in a good and sufficient manner; to be graded not less than twenty feet in width, and covered with plank not less than nine feet, the bed or grade not to exceed three degrees; the first gate on said road to be located at or near the Mississippi river, and for every additional five (5) miles, when completed, they shall have the privilege of erecting an additional toll-gate, and shall have the power to charge and collect the following tolls at each gate: For every wagon, four horses, mules or oxen, twenty-five cents; for each wagon, hauled by three horses, mules, or oxen, twenty cents; for every wagon, hauled by two horses, mules or oxen, fifteen cents; for every one-horse wagon, or cart, ten cents; for every two-horse pleasure carriage, twenty-five cents; for every pleasure carriage drawn by one horse, ten cents; for each man and horse, five cents; for each horse or mule, five cents; for each head ofcattle, two cents; for each head of sheep or hogs, one cent per head; all the powers and privileges granted in the preceding sections of this act, to the Memphis and Little Rock rail- road company, not inconsistent with the object contemplated in granting the privilege to construct this plankroad, to be known and styled the Memphis and Little Rock Plankroad Company, are hereby granted to said plankroad company; Provided, That nothing in this act contained shall be so construed as to extend any rights, privileges, or immunities, tor a longer time than ninety years. Approved lIth January, 1853. An act to Incorporate the Louisville and Arkansas Mining and Marble Company. SECTION SECTION 1. Names certain persons, vith their Company; to have and exercise all successors, as a body politic and the privileges and immunities of a corporate, by the iname, Louisville body corporate. and Arkansas Mining and Marble 2. Capital stock not to exceed $500,000

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