The Bay State Monthly — Volume 1, No. 1, January, 1884 by Various
page 32 of 124 (25%)
page 32 of 124 (25%)
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Sept. 12. JESSE STONE.
About a generation ago an attempt was made to organize a company for the purpose of carrying on a hotel in the village, and a charter was obtained from the Legislature. The stock, however, was not fully taken up, and the project fell through. Of the corporators, Mr. Potter and Mr. Smith still survive. Below is a copy of the act:-- An Act to incorporate the Groton Hotel Company. _Be it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, as follows:--_ SECT. 1. Luther F. Potter, Nathaniel P. Smith, Simeon Ames, their associates and successors, are hereby made a corporation, by the name of the Groton Hotel Company, for the purpose of erecting, in the town of Groton, buildings necessary and convenient for a public house, with all the powers and privileges, and subject to all the liabilities, duties, and restrictions, set forth in the forty-fourth chapter of the Revised Statutes. SECT. 2. Said corporation may hold such real and personal property, as may be necessary and convenient for the purposes aforesaid, not exceeding in amount twenty thousand dollars: _provided_, that no shares in the capital stock of said corporation shall be issued for a less sum or amount, to be actually paid in on each, than the par value of the shared |
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