Papers Of Abraham Lincoln

THIRTIETH CONGRESS—FIRST SESSION.
H. R. 338.
(No Report.)
IN THE HOUSE OF REPRESENTATIVES.
March 14, 1848.
Read twice, and committed to a Committee of the Whole House to-morrow.
Mr. Chapman, from the Committee for the District of
Columbia, reported the following bill:
A BILL
To incorporate the Eagle Steamboat Company.

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12 Be it enacted by the Senate and House of Repre-
sentatives of the United States of America in Congress
assembled, That Edwin Hall, William Gadsby, R. W.
Latham, Thompson Tyler, Richard Wimsatt, and Henry
A. Clarke, their successors, associates, and assigns, be, and
they are hereby, incorporated by the name and style of
Eagle Steamboat Company, for the purpose of running a
steamboat, or steamboats, on the Potomac river and Ches-
apeake bay, or any of the waters thereof, and by that
name shall be capable, in law, of purchasing, holding,
selling, leasing, and conveying, estate, real, personal, and
mixed, so far as shall be necessary for the purposes above

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11 named, and no further; and by said corporate name may
sue and be sued, and may have, and use, a common seal,
which they shall have power to alter, or renew, at their
pleasure; and shall have and enjoy, and may exercise, all
the corporate rights and privileges which other corporate
bodies may lawfully do for the purposes above-mentioned;
and may make all such by-laws, rules, and regulations, not
inconsistent with the provisions of this act of incorporation,
or the laws of the United States, as shall be necessary for
well ordering and conducting the affairs of the company.
Sec. 2. And be it further enacted,That the capital
stock of the said company shall consist of not exceeding
two hundred thousand dollars, in shares of one hundred
dollars each.
Sec. 3. And be it further enacted, That a general
meeting of the stockholders of the company shall be held
at some place in the city of Washington, twenty days’
notice of the time and place of holding the same being
first given in one of the newspapers of the said city, as
soon as may be, conveniently, after the sum of thirty thou-
sand dollars shall have been subscribed to the stock of
the said company; at which general meeting a president,
and such number of directors as may be determined on by
the stockholders, or a majority thereof, shall be appointed
for conducting the affairs of the company until others

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3 may be appointed in their stead. To constitute such, or
any, general meeting, the presence of persons holding a
majority of the stock of the company shall be necessary,
either in person or by proxy; and at all general meetings
each share of stock shall entitle the holder to one vote,
but no measure shall be considered as adopted at any
meeting of stockholders, unless sanctioned by a majority
of all the votes which could be given at the time in said
company, supposing all the stockholders present.
Sec. 4. And be it further enacted, That this act of
incorporation shall continue in force for twenty-one years
and no longer, unless previously renewed.

1 2 3 4 5 6 7 8 9 10 11 12	Be it enacted by the Senate and House of Repre- sentatives of the United States of America in Congress assembled, That Edwin Hall, William Gadsby, R. W. Latham, Thompson Tyler, Richard Wimsatt, and Henry A. Clarke, their successors, associates, and assigns, be, and they are hereby, incorporated by the name and style of Eagle Steamboat Company, for the purpose of running a steamboat, or steamboats, on the Potomac river and Ches- apeake bay, or any of the waters thereof, and by that name shall be capable, in law, of purchasing, holding, selling, leasing, and conveying, estate, real, personal, and mixed, so far as shall be necessary for the purposes above
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13 14 15 16 17 18 19 20 21 22 1 2 3 4 1 2 3 4 5 6 7 8 9 10 11	named, and no further; and by said corporate name may sue and be sued, and may have, and use, a common seal, which they shall have power to alter, or renew, at their pleasure; and shall have and enjoy, and may exercise, all the corporate rights and privileges which other corporate bodies may lawfully do for the purposes above-mentioned; and may make all such by-laws, rules, and regulations, not inconsistent with the provisions of this act of incorporation, or the laws of the United States, as shall be necessary for well ordering and conducting the affairs of the company. Sec. 2. And be it further enacted,That the capital stock of the said company shall consist of not exceeding two hundred thousand dollars, in shares of one hundred dollars each. Sec. 3. And be it further enacted, That a general meeting of the stockholders of the company shall be held at some place in the city of Washington, twenty days’ notice of the time and place of holding the same being first given in one of the newspapers of the said city, as soon as may be, conveniently, after the sum of thirty thou- sand dollars shall have been subscribed to the stock of the said company; at which general meeting a president, and such number of directors as may be determined on by the stockholders, or a majority thereof, shall be appointed for conducting the affairs of the company until others
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12 13 14 15 16 17 18 19 20 1 2 3	may be appointed in their stead. To constitute such, or any, general meeting, the presence of persons holding a majority of the stock of the company shall be necessary, either in person or by proxy; and at all general meetings each share of stock shall entitle the holder to one vote, but no measure shall be considered as adopted at any meeting of stockholders, unless sanctioned by a majority of all the votes which could be given at the time in said company, supposing all the stockholders present. Sec. 4. And be it further enacted, That this act of incorporation shall continue in force for twenty-one years and no longer, unless previously renewed.