The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-12-08
OF THE
Baton Rouge & Clinton Plank Road Co.
OF THE

the State Of Louisiana, as particularly Sc
forth in an act entitled an ''.act for The orgaa
s:ation Of corporations for tcorks Of publ
improvement and utiii!y'--a copy OF which
is herento annexed, for the purpose of con
structing Plank Road from the city o
Baton Rouge, in the Parish Of East Bator
Rouge, to the town OF Clinton. in the Parish
Of East FeIiciana, and from thence alon.
the most eligab.e roat to a point that viii
connect the town OF Liberty in Amite Co.
State of Mississippi, and for that purpose
We have formed the annexed charter, and
have signed the same, and have added tC
or signature a statement of the humber oil
shares and the amount OF our subscriptions
to said Company.
CHARTER OF THE COMPANY.
LIST. The said corporation shall be called
;Le Baton Rouge and Clinton Plank Road
Company" and its domicile is fixed in the
ciiy of Baton Rouge.
End The said corporation is established
for the purpose OF constructing, working,
aud maintaining plank road from Baton
Rouge to Clinton Louisiana. and from thence
hereafter to be continued to Liberty In
Amite County, State OF Mississippi, should
company be formed in Atnite County to
connect at the State line.
Bird The capital stock of the Company
- fixed at One Hundred Thousand Dollars
divided into four Thousand shares at twenty
fye dollars each. A payment of five per
cent on the amount of each share shall be
maize, within thirty DAYS after the election
of the first Board of Directors. The subse-
quens payment shall be made in such sums
IA. -, I. Co. lx,, 4 L.
Board Of Directors. Provided "rhat no
call shal. be made, fora ,reater amount than
ten pcr cent. at one time, and that sixty
days notice Of each call shall be given, by
publication in one newspaper published in
Baton Rouge which shall be known to the
stockholders as 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 SUBJ
scribed.
9th. The business Of the corporation shall
be conducted at its domicil, in the city of
Baton Rouge by Board composed Of seven
Directors. who shall be stock holders. The
Directors snail elect one of their body as
President of the Company, at their first
mee.in. after their election. A quroum to
transact business shall consist Of at leas.
three members and the President, or any
four members Of the Board. At all elections
by the stockholders, and at all their meet
iHss each share shall be entitled to one vote
Votes may be given in person or by PROM.
The President 81 the Company is the officer
tesi.na:ed a. the one on whom iega! service
of all process or citation against the Com.
pany may be made, and the company agree
70 be bound, by service Of process or eta
ton. whether male Oh the President IN
person, or to his address, az the office OF tn. J
company In the hands OF any oi its officers. |
9th. The first Board Of Directors 81 al +,
DC chosen as soon As the lis! Of subscription
shall D. closed In,s election shall be held !
al Baton Rouge under the superintendent |
Of the commissioners hereafter designated |
nnl appointed TO receive subscriptons-I
Al spbseJucn. elections shall be held al !
Ia "a Rouge under the .upcrintendance OF |
three commissioners appointed from am
ongst the stockholders by the Board of Dr.
recto.s for the time being. Notice OF the |
first election of Directors, shall be given
fifteen days in advance, in at least one ne VS.
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
sa!:::!! y: anrnai and each s@:i5ssequent Board
sa. pe c'ecs',; cd Oil Inc iiria Mond::.;; ~ Dec
ember. A failure to elect Directors, shall
not dissolve the corporation, but the Board
in Office shall continue the exercise of its
functions until new board can be elected
All notice Of elections and of meetings of ;
stockholders after the first election above 1
provided for, shall be given by publication 1
ihlr'r days in advance, in the Official paper
Of the company, ana in one paper published
At Clinton. s
IN Lac following persons are hereby {
appointed Commissioners iorthe purpose of S
,lcclYiug subscriptions 10 the stock OF said c
corporation. Va Commissioners at Baton I
Rouge, /. G. Morgan, S. vi. Hart, II. Y. /
,Vatili, 4 s. Heron Eugene Lanoue and $
W. 5. Pike. ~ Clinton. J II Muse. II. |
l. haynes, Hcary Macston, ". Mundav, i
J. 8. smith, VIM. Paterson and VI. G..
Wills. The said commissioners shall have +
lower to appoint deputies or agents in t
ther places to receive Subscriptions h
Three shall form a quorum to do business. n
The subscriptions shall be closed as soon as 4
he amount Of Thirty thousand Dollars r
hail have been subscribed. and the COM f
1issoners shall Immediately thereafter v
ause this charter, with the names of the
ubscribers TO be registered in-the office of d
ne Recorder Of Mortgages as required by L
Nv, and shall cause notice to be given Il
nd an election for Directors held as provid. G,
A 4nr in fha Eth rticlp of the cha r+er r.