The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-12-05

We have formed the annexed charter, aift
have signed the same. and have added II
or signature statement Of the humber o.
shares and the amount Of our subscriptions
to said Company.
CHARTER OF TIE COMPANY.
LIST The said corporation shal. be called
tue "Ba.on Rouge and Clintou Plank Road
Company" ana is domicile is fixed IN the
city oi r}.ton Rouge
md The said corporation is established
for the purpose of constructing, WORKING,
AM II ncaili,lg plank road from Baton
Rouge tc Clinton i.ou.sian and from thence
hereafter to De continued to Liberty in
Anite County, State OF Mississippi, should
> company BE- formed in A mite County to
conneet ~ the State line.
2T3. The capital stock of the Company
IS .ixed q: 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 subse-
quent payment shall be made in such sums
and at such periods as shall be fixed by the
Beard of Directors. Provided That no
cal snail be made, for ,reater amount than
ten Ter cent. at ore time, and that sixty
days notice OF each call shall be given, by
publication IN one newspaper Published 10
B1ton Rouge wn:cL shall 10 known TO the
stockholders as the official paper Of the
Company, and III one newspaper published
at Clinton.
4.a. 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
scribcd.
81. The business of the corporation shall
be conducted at IS domici in the city OF
Baton Rouge by Board composed ofsevsa
Directors WaJ seal. &c stockholders. The
Director shall cleo one oi their body as
President 81 tAc Company, at their first
meeting after their election. a qIrouHl to
t.ans,c. business shall consist of at least
three members and the President, or any
four members ofthe Board. Al all elections
b. the stock holders, and at all their meet
ngs eaca share snail be entitled to one vote
Votes may DE 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.
panv may be made, and tue company agree
to be bound, by service OF process Or cita-
ton. whether made on the President in
pcrson, or 70 his address, a. the Office Of the
company in the hands of any Of its officers.
65fl. The first Board OF Directors s. all
ne chosen as soon as the list of subscription
shal. DE 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 Di-
rectors f,r the time being. Notice OF the
frst election of Directors, shall be given
fifteen days in ADVANCE in at least one news
paper published in Batoa Rouge, and one
published at Clinton The first Board of
directors shall hold Office until the third
Monday Of January, 1914. The election
shall be annual, aad each subsequent Board
sha.. BE- eicc,ed on the third Monday Of Dec
en5ar. A faiure 70 eject Directors, shall
mol dissolve TIE corporation. bat the Beard
il ,fca srai continue he exercise of its
:uncaqns rn.Ii q new board can be elected.
: G0',cc o. elections a1d OF meetings of
- --ijiHGt> Ii'@' ne 'rSy erection ABOVE
provide; for shall De gwen by publication
f1r-Y I,r, III advance. il .,ie o''i'iai naner
u 80 company, anI IN oae paper published
u r'i.7'"a.
IN. The following pe-so-s are hereby
apc-.a!ed commissioner io- Tue purpose Of
receiving sl0scri ptions 10 the stock OF said
corporation. w: Commissioners at Baton
Kou~e, /. G. Morgan. S. ". Hart, H. T.
Wad4ill. A. S. Heron. Eueene Lanoue and
w. S. Pike. At Clinton J. H. Muse. II.
II. Haynes, Henry Narston, G. W. Mundav
J. 3. Smith, VIM. Patterson and II. G.
Mills. The said commissioners shall have
power TO appoint deputies or agents in
other PAGES TO receive Subscriptions
Tnree snail form quorum to do business
The subscriptions shall be closed as soon as
the amount OF Thirty Thousand Dollars
shall nave been subscribed. and the COM
fnissoners shall Immediately thereafter
cause this charter, with the names of the
subscribers 20 be registered in the Office of
the Recorder Of Mortgages as required by
law. and shall cause notice to be given
and an election Cor Directors held as provid-
ei ior in the 6th Article of the charter.
8ta. Immediately after the election
Of the first Board of Directors the sub
scription list shall be opened tor term
Of ,aree months al such PAGES as may be
seemed advisable by the Board of Directors
ami public notice shall be given thereof in
a ne y, per published at the lace where
said subscription books are opened and the
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