The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-11-07
CHI AR TT R.
or THE t
Baton Rouge & Clinton Flank Road 90

the State Of LOUISIANA, ~ particularly sc
forth in an act entitled an Act for the organ
i.ation of corporations for corks Of publ
improvement and MlHy'--a copy Of which
is bereinto 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 Parisf
Of East Feliciana, and from thence along
the most eligable rout 10 point that viii
connect the town Of Liberty in Amitc Co.
State OF Mississippi, and for that purpose
I'VE have formed the annexed charter, and
have signed the same, and have added Ia
our signature statement Of the humber Of
shares and the amount Of our subscriptions
no enid Company
CHARTER or THE COMPANY.
l.t The said corpo, alton shall be called
'Ue eaton Rouge and Clinton Plank Road
onipany.r and its domicie is fixed in the
tue rity of Baton Rouge.
nd. The said corporation IL established
.r the purpose of constructing, working,
tl maintaining plank road from Baton
,,ige TO Clinton Louisiana, and from thence
lereafter TO be continued to Liberty in
a mite County, State Of Mississippi, should
, company be formed in Amite County TO
onnect at the State line.
3rd The capital stock Of the Company
IS fixed at One Hundred Thousand Dollars,
ivided into four thousand shares at twenty
five dollars each. A payment of five per
cent on the amount Of each share shall be
made, within thirty days after the election
OF the first Board Of Directors. The subse-
qucnt payment shall be made in such sums
and at such periods as shall be fixed by the
Board of Directors. Provided "'rhat no
call shall be made, for greater amount than
ten per 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.
Ath. The said corporation, shall go into
operation and be organized, 30 soon as
shares Of stock to the amount OF Thirty
Thousand Dollars shall have been sub
scrbed.
9Th. The business Of the corporation shall
he conducted at its domicil, il the city of
Baton Rouge by Board composed Of sc ven
Directors, who shall be stockholders. The
Directors shall elect one Of their body as
President Of the Company, at their first
meeting after their election. A quroum 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 meet
ings each share shall be entitled to one vote
Votes may be given in person or by PROXY.
The President Of the Company is the officer
designated as the one on whom lega! service
of all process or citation against the Com
pany may be made, and the company agree
10 be bound, by service of process or cita-
ton, whether made on the President in
person, or to his address, at the Office OF the
company in the hands of any Of its officers.
9th. The first Board of Directors shall
he chosen AZ soon as the list Of subscription
shall be closed. This election shall be held
at Baton Rouge under the superintendent
Of the commissioners hereafter designated
and appointed to receive subscriptions.
All subsequent elections shall be held at
Baton Rouge under the superintendent of
thrae commissioners appointed from ap-
ongst the stockholders by the Board Of Di.
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
p..ect,rs shall hold office until the third
Monoay Of January, 1854. The election
shall be annual, and each subsequent Board
shall be elected on the third Monday Of Dec
enbnr. A failure to elect Directors, shal!
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
after the first election above
provided for, shall be given by publication
I thirty days in advance, in the official paper
of the company, and in one paper published
at Clinton.
18th. The following persons are hereby
appointed commissioners for the purpose Of
receiving subscriptions 10 the stock Of said
Viz: Commissioners at Baton
Rouge, T. G. Morgan. S. M. Hart, II. +.
Waddill, A. s. Heron. Eugene Lanoue and
W. s. Pike. At Clinton, j. H. Muse, H.
II Haynes, Henry Marston, CIV. Munday,
J. B. Smith, VIM. Patterson and M. @.
Mills. The said commissioners shall have
power to appoint deputees or agents in
other places to receive subscriptions
Three shall form quorum to do business
The subscriptions shall be closed as soon Dis
the amount Of Thirty Thousand Dollars
shall have been subscribed, and the COM
lnissoners shall Immediately thereafter
cause this charter, with the names Of the
to be registered in the Office of
The Recorder Of Mortgages as required by