The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-10-13
CHI AR T T. r.
or THE
Baton Rouge & Clinton Plank Road Co.


isasios qf corporations for tvwks Of publ
tnora,essns and staly'-a copy Of which
Is hereinto annexed, for the purpose Of con
strucsins Plank Road from the city O
Baton Rouge, in the Parish OF East Bator
Rouge. to the town Of Clinton. in the Parist
Of East Feliciana, and from thence alons
the most eligable rous to 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 OF
shares and the amount Of our subscriptions
to said Company.
CHARTER OF THE COMPANY.
lst. The said corporation shall be called
the Baton Rouge and Clinton Plank Road
Company" and its domicile is fixed in the
the city Of Baton Rouge.
end. The said corporation is established
for the purpose Of constructing working,
ami m intaniny plank road from Baton
Rouge to Clinton Louisiana. and from thence
hereafter to be continued to Liberty in
Amite County, State of Mississippi, shorld
company be formed in Amitc County to
connect III Lno Sldte me.
Ord. The capital stock Of the Company
is fixed at One Hundred thousand Dollars,
divided 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 suisse
quent payment shall be made in such sums
and at such periods as shall be fixed by the
Board Of Directors. Provided That no
call shall be made, for !reatcr 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 70 the
stockholders as the official paper of the
Company, and in one newspaper published
at Clinton.
4th. The said corporation, shall 90 into
operation and be organized so soon as
shares of stock to the amount of Thirty
Thousand Dollars shall have been sub
scr5el.
9Th. The business of the corporation shall
BE- conducted at its domcil, in the city Of
Baton Rouge by Board composed Of seven
Directors. who shall be stockholders The
Directors shall elect one OF their body "a
President OF the Company, at their first
meeting after their election. A qurouln to
transact business shall consist of at least
three members and the President. or any
four members Of the Board. Atall election,
by the stockholders, and at all their meet
.ings eacn share shall be entitled to one vote
Votes may be given in person or bv pr0ry.
The President OF the Company is the officer
designated As the one on whom iega! service
OF all process or citation against the Com.
pany may be made, and the company agree
to be bound, by service of process or cita-
ton. whether made on the Pre-, ldant 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 s, al!
be chosen as 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 a.
Bason Rouge under the superintendent of
three commissioners appointed from am
ongst 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 ne VS.
paper published in Baton Rouge, and one
published at Clinton The first Board of
Directors shall hold Office until the thi.d
Monday of January, 1854. Tha election
shall be annual. and each subsequent Board
shall be elected on the third Monday of Dec
emoer. A failure to elect Directors, shall
not dissolve the corporation, but the Board
III office shall continue the exercise of is
functions until q pev hoa ri .an ho nloctad
All notice of elections aud of meetings of
ste" kho'ders after the first election above
provided for, shall be given by publication
thirty days in advance, in the oifi..ial paper
of the company, and in one paner published
at Clinton
7th. The following persons are hereby
appointed commissioners for the purpose of
receiving subscriptions to the stock OF said
corporation. III: Commissioners at Baton
Rouge. I. 6. Morgan s. NJ. Hart. ii L.
Waddil, A. S. Heron Eugene Lanouc and
w. 5. Pike. At Clinton. j H. Muse II.
H. Haynes, Henry Marston. G.. ". Munday,
J. B. Smith, Vim. Patterson and Vi. G.
Mills. The said commissioners shall have
power to appoint deputies or agents in
other places to receive subscriptions.
Three shall form quorum to do business.
The subscriptions shall be closed as soon as
the amount of Thirty Thousand Dollars
shall have been subscribed and the COM
mssouers 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
Law. and shall cause notice to be given
and an election for Directors held as provid-