Page:United States Statutes at Large Volume 18 Part 2a.djvu/68

 GENERAL INCORPORATION. 63 sw- See. mxrnoan coxrrsxrns. 647. Compensation for land. _ _ 648. Right to acquire title to lands. 618. Railroad companies, how formed. 649. Appropriation of lands. 619. Corporate powers. _ 650. Description to be deposited with clerk 620. Certified copies of articles of associa- of court. tion to he prima-facie evidence. 651. Purchase of lands from owner or 621. Subscription books to be opened. guardian. 622. Allotment of stock. _ 652. Proceediugsin cases of appropriation. 623. btoc_kholders’ annual meeting. 653. Notice by advertisement, when. 624. Duties of judges of election. 654. Appointment of appraisers. 625. Their certificate; its authority. 655. Assessment of damages. 626. Directors; number, qnalilications, and 656. Payment or tender. term of office.657. Cost of award. 627. How chosen. 658. Review on appeal. 628. Non—election of directors, how remc· 659. Company may take possession, when. died. _ 660. Costs of arbitration. 629. Stockholders’ special meetings, how 661. Money to he paid into court, when. called. 662. Court to protect rights of parties in 630. Proceedings; adjournment. trust, &c. G3!. By·laws. 663. Defective title, how maybeperfected. 632. Officers, how chosen. 664. Power to borrow money and issue 633. Removal of president. bonds; restriction. 634. Annual statement of affairs. 665. Annual report. 635. May be called for at any meeting. 666. Carrying the mails. 636. Stock to be personal estate, how trans- 667. Making up trains. ferred. 668. Accommodation of the public. 637. Subscriptions to stock, how called in. 669. Penalty for refusal. 638. Certincate of amonntof capital stock 670. Passenger refusing to pay fare. paid up. 671. Bmployés to wear badge. 639. Increase of capital stock. 672. Not to exercise authority without 640. Increase, how made. badge. 641. Limit to the amount of increase. 673. Route and termini of road to be ap— 642. Suits for installments of subscription. proved by Congress. 643. General powers, liabilities, and re- 674. Regulation by Coqgress of man e- strictions of corporation. ment and rates o fare and freight. 644. Map and prodle of road. 675. Construction of this chapter. 645. Alteration of line. 676. Repeal by Congress. 646. Tracks crossing highways. Sec. 519. Corporations may be formed within the District, for the €:g;*;g¤b°f °:;· purposes mentioned in this chapter, in the following manner: gg,] hm Y g ' 5 May, 1870, c. S0, v. 16, pp. 98-116. Potomac Com. ro. Gilman, 2 Cranch, C. C., 243. CLASS 1. INSTITUTIONS OF LEARNING. Sec. 520. Any five or more persons, desirous of associating themselves How may be infor the purpose of establishing an institution of learning, may make, corporutedsign, and acknowledge, before any officer authorized to take acknowl- 5 May, 1870, ,,_ 80, edgment of deeds in the District, and iile in the office of the recorder s. 1,v. 16, pp. 98,99. of deeds, a certificate in writing, to be recorded in a book kept for that purpose, and open to public inspection, in which shall be stated—— First. The name or title by which the rnstitution shall be known in law. Second. The number of trustees, directors, or managers, and their l13i1IOB. Third. The particular branch of literature and science, or either of them, proposed to be taught; and _ Fourth. If the institution is to be of the rank of a college or university, the number and designation of the professorships to_be_estab11shed. Sec. 521. Upon filing such certificate, the persons signing and ac- Corporate powknowledging the same, and their successors and associates, shall be a °’°· body politic and corporate, by the name and style stated in the cert_1fi· Ibid. cate, and by that name and style shall have perpetual succession, with power to sue and be sued, plead and be impleaded, to acquire, hold, and convey property in all lawful ways, to have and use a common seal, and to alter and change the same at pleasure, to make and alter, from time to time, such by-laws, not inconsistent with the Constitution of the