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1893.—Chapter 114. 167
or that may hereafter be operated in Robeson, Bladen or Columbus
county, or with any lands the said corporation now owns or may here-after
own in any of said counties {Provided, that the said corpora- Proviso,
tion shall have full power to dispose of by sale or otherwise or to cease
to operate and to remove any railroad or tramroad it may build when
the same shall become unnecessary for the prosecution of its business);
and to that end it may build bridges, dams and culverts acj^ss any
streams or depressions in said counties over which it may desire to
pass, and in said counties it may establish, maintain and equip tele-graph
or telephone lines, warehouses, gas-works, water-works, electric
lights and any works that may be necessary and convenient for the
prosecution of any of the business that it is herein authorized to
engage in; and to the end that said corporation may lawfully engage
in the constructing, maintaining and operating the rai] roads, tram-roads,
turnpikes and other roads in this section mentioned, it has
hereby conferred on it all the powers, privileges and immunities con-ferred
upon railroad and telegraph companies by chapter forty-nine
(49) of The Code of North Carolina and any amendments thereto;
and in case said corporation is unable to agree v/ith the owner for the
purchase of any real estate necessary or convenient for the purpose
of constructing and operating any road, it shall have the right to
acquire the title to the same in the manner and by the special pro-ceeding
provided in said chapter forty-nine of The Code of North
Carolina and any amendments thereto.
Sec. 7. Said corporation shall have power to sell, convey, lease, corporate pow-improve,
manage, develop, mortgage, dispose of, or otherwise deal ®^®-
with, any or all of its property; to lend money, to make, accept,
endorse and execute promissory notes, bonds, drafts and other com-mercial
instruments; to raise money in such manner as it may see fit,
to issue mortgage bonds upon any or all of its property, and to do all
such other acts and things as are incident to and conducive to the
accomplishment of any or all of the objects in this act set forth, not
inconsistent with the laws of this state.
Sec. 8. Tiiat said corporation shall have power to collect reason- Authorized to
able charges on all persons and freights of every kind transported '?^t^Q*^*
transpor-over
any of the railroads, tramroads, canals, or over any of the
above-named streams which may be opened or improved by it for the
purpose of navigation.
Sec. 9, That if any person shall in any manner wilfully obstruct Wilful obstruc-the
canals, streams improved, railroads, tramroads, or other works tion of canals,
c • 1 X- 1 , 1. , •, ,. .1 , &c.,ainisde-
01 said corporation, he shall be guilty of a misdemeanor, and upon meanor.
conviction shall be fined or imprisoned, or both, in the discretion of
the court, and said corporation is hereby fully authorized to remove
any such obstruction.
Sec. 10. That said corporation is hereby granted all the rights and Corporate exist-privileges
contained in this act to it and its successors and assigns for
®"^®*
Object Description
Description
| Title | Page 189 |
| Full Text | 1893.—Chapter 114. 167 or that may hereafter be operated in Robeson, Bladen or Columbus county, or with any lands the said corporation now owns or may here-after own in any of said counties {Provided, that the said corpora- Proviso, tion shall have full power to dispose of by sale or otherwise or to cease to operate and to remove any railroad or tramroad it may build when the same shall become unnecessary for the prosecution of its business); and to that end it may build bridges, dams and culverts acj^ss any streams or depressions in said counties over which it may desire to pass, and in said counties it may establish, maintain and equip tele-graph or telephone lines, warehouses, gas-works, water-works, electric lights and any works that may be necessary and convenient for the prosecution of any of the business that it is herein authorized to engage in; and to the end that said corporation may lawfully engage in the constructing, maintaining and operating the rai] roads, tram-roads, turnpikes and other roads in this section mentioned, it has hereby conferred on it all the powers, privileges and immunities con-ferred upon railroad and telegraph companies by chapter forty-nine (49) of The Code of North Carolina and any amendments thereto; and in case said corporation is unable to agree v/ith the owner for the purchase of any real estate necessary or convenient for the purpose of constructing and operating any road, it shall have the right to acquire the title to the same in the manner and by the special pro-ceeding provided in said chapter forty-nine of The Code of North Carolina and any amendments thereto. Sec. 7. Said corporation shall have power to sell, convey, lease, corporate pow-improve, manage, develop, mortgage, dispose of, or otherwise deal ®^®- with, any or all of its property; to lend money, to make, accept, endorse and execute promissory notes, bonds, drafts and other com-mercial instruments; to raise money in such manner as it may see fit, to issue mortgage bonds upon any or all of its property, and to do all such other acts and things as are incident to and conducive to the accomplishment of any or all of the objects in this act set forth, not inconsistent with the laws of this state. Sec. 8. Tiiat said corporation shall have power to collect reason- Authorized to able charges on all persons and freights of every kind transported '?^t^Q*^* transpor-over any of the railroads, tramroads, canals, or over any of the above-named streams which may be opened or improved by it for the purpose of navigation. Sec. 9, That if any person shall in any manner wilfully obstruct Wilful obstruc-the canals, streams improved, railroads, tramroads, or other works tion of canals, c • 1 X- 1 , 1. , •, ,. .1 , &c.,ainisde- 01 said corporation, he shall be guilty of a misdemeanor, and upon meanor. conviction shall be fined or imprisoned, or both, in the discretion of the court, and said corporation is hereby fully authorized to remove any such obstruction. Sec. 10. That said corporation is hereby granted all the rights and Corporate exist-privileges contained in this act to it and its successors and assigns for ®"^®* |
