PRIVATE AND LOCAL LAWS

OF THE

STATE OF WISCONSIN.

Chapter 1.

An Act to incorporate the Madison Gas Light and Coke Company.

The people of the State of Wisconsin, represented in Senate and Assembly, do enact as follows:

corporation of.

SECTION 1. Leonard J. Farwell, Simeon Mills, Julius P. Madison Gas Atwood, Francis G. Tibbits, David Atwood, Henry Par- light and Coke kins, Samuel Marshall, N. W. Dean, B. F. Hopkins, Levi company-inB. Vilas, David J. Powers, and their associates, be and are hereby created a body politic and corporate, with perpetual succession, by the name and style of the "Madison Gas Light and Coke Company," and by that name, they and their successors shall be capable in law, of contracting and being contracted with, sueing and being sued, defending and being defended, in all courts and places, and in all matters whatsoever, with full power to acquire, hold and occupy and enjoy all such real and personal estate as may be necessary and proper for the construction, extension, and usefulness of the work of said company, and for the proper management and good government of the same; and they may have a common seal, and the same may be altered and renewed at pleasure.

SEC. 2. The corporation hereby created shall have full power and authority to manufacture and sell gas, to be made from any and all of the substances, or a combination thereof, from which inflammable gas can be obtained, and to be used for the purpose of lighting the village or city

Corporation to have power to manufacture

and sell gas.

Amount of

&o.,

of Madison, Wisconsin, or the streets and public park thereof, also, all buildings, public and private, therein contained, and erect all the necessary works and apparatus, and to lay pipes for the purpose of conducting the gas in and along any of the streets or avenues of said village or city. The real estate which this corporation is entitled to hold, shall not exceed in value fifty thousand dollars.

SEC. 3. The capital stock of said company shall not excapital stook. ceed two hundred thousand dollars, to be subscribed for, and paid in such proportion as shall be prescribed by the by-laws and rules regulating the concerns of said company. SEC. 4. The property and concerns of said corporation Property, shall be managed and conducted by a board of seven to be managed by a board of directors. L. J. Farwell, J. P. Atwood, N. W. Dean, Levi directors. B. Vilas, David Atwood, B. F. Hopkins and David J. Powers, shall be the first directors of said corporation and shall continue in office until others shall be chosen. The first election of directors shall be held on the second MonTime of hold- day in October, 1857, and annually thereafter in the viling elections. lage or city of Madison, at 1 o'clock, P. M., of said day. But if it shall at any time happen that an election of directors shall not be made on any day when pursuant to this act it ought to have been made, the said corporation shall not for that cause be deemed to be dissolved; but it shall be lawful on any other day to hold and make an election in such manner as shall be provided for in the by-laws of said corporation. Said corporation shall have the exclusive privilege of supplying the village or city of Madison and its inhabitants with gas, for the purpose of affording light, for fifteen years from the completion of said works.

Directors shall

SEC. 5. The directors of said corporation shall have powhave power to er to appoint such officers and agents as they may deem appoint offic'rs necessary, and prescribe their duties, and take the necesand agents. sary bonds for the faithful performance thereof; and may from time to time adopt such by-laws and regulations for the business of said corporation as they may deem expedient; such by-laws and regulations not to be inconsistent with the constitution and laws of the United States or of this State.

SEC. 6. This act shall be in force and take effect from and after its passage.

Approved, January 17, 1855.