The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-11-16
CHAR TERl..,
or THE
Bston Rouge & Clinton Flank RoSd Co

i:Hion of corporations for ,oorks q paofiie
improvement aud usaIy"-a copy OF which
is herento annexed, for the purpose OF con-
structing Plank Road from the city OF
Baton Rouge. in the Parish Of East Baton
Rouge, to the town of Clinton. in the Parish
Of East Feiiciana. and from thence along
the most eligable rout to a point that WIN
connect the town OF Liberty in Amite 20,
State of Mississippi, and for that purpose
re have formed the annexed charter, and
have signed the same. and have added to
orr signature a statement Of the humber of
shares and the amount OF our subscriptions
70 said Company.
CHARTER OF THE COMPANY.
LIST. The said corporation shall be called
the Baton Rouge and Clinton Plank. X rad
Company" and its doinIci!e is fixed IN the
the city Of Baton Rouge.
2nd The said covporation is established
for the purpose of constructing working,
and m ,ntaining plank road. from Baton
Rouge to Clintonj .oui< Jana. andfrom thence
hereafter to be continued to Liberty in
Amite County, State OF Mississippi, should
a company be formed in A;nite County to
connect at the State line.
3rd. The capifa! stock of the Company
is fixed at One Hundred Thousand Dollars,
divided into four thousand shares at twenty
five dollars each. Apayment ofr6ye per
cent on the amount Of each share shall be
male, within thirty days after the election
of the first Board of Directors. The SUISSE
s.quent payment shall be made in such sums
and at such periods as shall be fixed by the
Beard of Directors. Provided That no
cail shall be made, for .reater amount than
I ten per cent. at one time, and that sixty
/ daYs notice of each cali shail be given, by
Publication in one newspaper published in
Baton aouge which shalt be known TO the
stockholders as the official paper Of the
Company, and in one newspaper published
at Clinton.
4th. The said corporation, shall go 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 shall
be conducted at its domicil, 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 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 prory.
The President of the Company is the officer
designated a, the one on whom lega. 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 clta-
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 81 all
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 at
Baton Rouge under the superintendent OF
three commissioners appointed from am
ongst the stockholders by the Board of d.
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 thi.d
Monday of January. 1854. The election
shall be annual, and each subsequent B,ari
shall be elected on the third Monday of Dec
ember A failure to elect Directors, shall
not dissolve the cor ooratior, but the Board
in Office shall continue the exercise Of its
functions until new board can he elected.
All notice of elections and of meetings OF
stockholders after the first election above
provided for, shall be given by publication
thirty days in advance, in the Official 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 sad
corporation. Vi-: Commissioners at Baton
Rouge, T. G. Morgan, s. NJ. Hart, II T.
Waddll. A. S. Heron Eugene Lanoue and
w. s. Pike. At Clinton, J. H. Muse. H.
II. Haynes, Henry Marston. CIV. Mundav,
J B. Smith, Vim. Patterson AMI 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
nisso,a-s shall Immediately thereafter
Cause this charter, with tue names OF the
subscribers to be reg Sterel in the ottice of
the Recorder OF Mortgages as required by
law. and shall cause notice to be given
and an election for Directors held as provid-
Ell for in the 9th Article Of the charter.
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