[city Documents, 1847-1867] 1853- No.8
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Section 5. The capital stock of said Corporation shall not exceed the sum of five hundred thousand dollars, to be divided into shares of fifty dollars each ; and no shares shall be issued for a less sum, to be actually paid in on each, than the par value of the shares which shall first be issued.
Section 6. Said Corporation shall have power to pur- chase and hold such real estate, within said cities, or either of them, as may be necessary or convenient for the pur- poses and management of said ...road.
Section 7. The cities of Boston and Roxbury may, — at any time during the continuance of the charter of said Corporation, and after the expiration of ten years from the opening of any part of said road for use, — purchase of said Corporatiou all the franchise, property, rights and fur- niture of said Corporation, by paying them therefor such a 6 METROPOLITAN RAILROAD. [June, sum as will reimburse to each person, who may then be a stockholder therein, the par vahie of his stock, together with a net profit of ten per cent, per annum, from the time of the transfer of said stock to him on the book of the Cor- poration, deducting the dividends received by said stock- holder thereon.
What to read after [city Documents, 1847-1867] 1853- No.8?
You can find similar books in the "Read Also" column, or choose other free books by Roxbury (Boston, Mass.). Municipal Government to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Section 5. The capital stock of said Corporation shall not exceed the sum of five hundred thousand dollars, to be divided into shares of fifty dollars each ; and no shares shall be issued for a less sum, to be actually paid in on each, than the par value of the shares which shall first be issued.
Section 6. Said Corporation shall have power to pur- chase and hold such real estate, within said cities, or either of them, as may be necessary or convenient for the pur- poses and management of said ...road.
Section 7. The cities of Boston and Roxbury may, — at any time during the continuance of the charter of said Corporation, and after the expiration of ten years from the opening of any part of said road for use, — purchase of said Corporatiou all the franchise, property, rights and fur- niture of said Corporation, by paying them therefor such a 6 METROPOLITAN RAILROAD. [June, sum as will reimburse to each person, who may then be a stockholder therein, the par vahie of his stock, together with a net profit of ten per cent, per annum, from the time of the transfer of said stock to him on the book of the Cor- poration, deducting the dividends received by said stock- holder thereon.
What to read after [city Documents, 1847-1867] 1853- No.8?
You can find similar books in the "Read Also" column, or choose other free books by Roxbury (Boston, Mass.). Municipal Government to read onlineMoreLess
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