The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-11-17
CHAR TER.
Baton Rouge = CITATION rlank nead Co.

selves into a corporation. under the laws o!
the State Of Louisiana, a. particularly se'
forth in an act entitled an '.4rf for the orgon'
i.a.ion Of corporation, ~ icorks Of psH,e
,nprovnsent aut ntllyi--a copy OF which
II hereinto annexed. for The purpose OF con-
strucsing Plank Road from the city ol
Baton Rouge, in the Parish Of East Baton
Rouge. to the town Of Clinton. in the Parish
Of East Feiicana, and from thence along
the most eligable rout to point that will
connect the town OF Liberty in Amite Co,
State of Mississippi, and for that purpose
70 have formed the annexed charter, and
have signed the came, and have added to
orr signature statement Of the humber OF
shares and the amount Of our subscriptions
10 said Company.
CHARTER OF TIE COMPANY.
LIST. The said corporation shall be called
the baton Rou.e and Clinton Plank X Dad
Company" and its dornicile is fixed u the
the city Of Baton Rouge
2ni. TIE said corporation is established
for the purpose OF constructing working,
and m ,ntaining plank road from Baton
Rouge TO Clinton Louisiana. and from thence
hereafter to be contjnued to Liberty in
Ante County, stalSo Of Mississippi, should
a company be formed in Amite county to
connect at the State line.
3rd The capital stock of the Company
is fixed at One HundEed Thousand Dollars,
divided into four thousand shares at twenty.
five dollars each. A payment OF tive per
cen. on the amount Of sch share shall be
male, within thirty days after the election
OF the first Board Of Directors The SUISSE
ouent payment shall be made in such sums
and at such periods as shall be fixed by the
Board Of Directors. Provided THAT no
cali ahal be made, fora .reater amount than
ten per cent. at one time, and that sixty
!. days notice Of each call shall be given. by
/ publication in one Dewspaper published in
|. Baton Rouge which shall be known to the
4 stoc kholders - the official paper Of the
company, and in one newspaper published
at Clinton.
4th The said corporation, shall 20 into
operation and be organized, so soon as
shares of stock to the amount Of Thirty
Thousand Dollars shall have been sub.
scrbed.
5th The business Of the corporation shat
b. conducted at its donicil, in the city OF
Baton Rouge by Board composed Of seven
Directors, who shall be stockholders The
Directors shall elect one of their body as
President Of the Company, at their .irst
meeting after their election. A qu.onm to
transact business shall consist of at least
three members and the President, or any
four members OF the Board. At all elections
by the stockholders, and at all their m ct
inys each share shall be entitled to one vote.
Votessmay be given in person or by prorj.
The President of the Company is the officer
designated as the one on whom lega! service
of all process or citation against the Con.
panv may be made. and the company agree
to be bound, by service of process or clta-
ton. whether ale on the President III
person. or to his address, at the Office Of the
con panv in the hands Of any Of its officers.
9Th. The first Board of Directors s all
be chosen as soon as the list Of subscription
shall be closed This election shall be held
a: Baton Rouge under the superintendent
Of the commissioners hereafter designated
AMI appointed to receive Subscriptions
All subse1uent elections shall be held az
Ba,on Rouge under the supreintenda Ice o!
three commissioners appointed from ayn-
onyst the stockholders by the Board of Dr.
rectors for the time being. Notice Of the
first election of Directors, shall be given
fifteen days in advance, in at least one news
paper published in Baton Rouge, and one
published at Clinton. The first Board OF
Directors shall hold Office until the third
Monday of January, 1854. The election
shall he annual, and each subsequent Board
sl,ali be- elected on the third Monday of Dec
em5cr. A failure to elect Directors. shall
not dissolve the corporation, but the Board
in Office sha!, continue the exercise of its
functions until new board can be elected.
Al notice of elections aud of meetings of
stockholders after the first election above
provided for, shall be given by publication
thirty days in advance, in the offi.al paper
Of the company, and in one paper published
at Clinton.
7th. The following persons are hereby
appointed commissioners for the purpose OF
receiving subscriptions TO the stock OF said
corporation. Tz: Commissioners at Baton
Rouge. 7. g. Morgan. S. NJ. Hart, H L.
Wa,dill, A. S. Heron Eugene Lanoue and
w. s. Pike At Clinton. J. II. Muse. H..
H. Haynes, Henry Marston, Nv. Munday,
]. B. Smith, VIM. Patterson and VI. G..
Mills. The said com nissioners shall have
power 10 appoint ueputeeS or agents III
other places to receive Subscriptions
Three shall form quorum to do business.
The subscriptions shal be closed as soon as
tae amount of Thirty Thousand Dollars
shall have been subscribed. and the COM
m,ssonars shall Immediately thereafter
cause this charter, with the names of the
subscribers to be reystere in the Office of
the Recorder Of Mortgages as required by