The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-11-21
CHARTER r.
OF THE & IN
Baton Rougo& Clinton Plank Road co.

WE the undersigned agree TO form CuI
solves into corporation. under the laws
the State of Louisiana, as particularly1
forth in an act entitled an .dct for the ovgd.
isa,ion Of corporations .toy. s0orks of 1yisb!i
improvement and utility"aA copy OF whic
is hereinto annexed, for the purpose of con
structng a Plank Road from the city O
Baton Rouge, in the Parish of East Bato
Rouge. to the town Of Clinton. in the Paris
of East Feiiciana, and from thence slonI
the most eligable ront to point that viii
connect the town OF Liberty in Afnite Co
State Of Mississippi, and for that PURPOSE
we have formed the annexed charter, aflt
have signed the same. and have added t
our signature statement Of the humber O
shares and the amount of our subscription:
to said Company.
CHARTER Or THE COMPANY.
LIST. 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.
2nt. The said corporation is established
for tae purpose OF constructing, working
ard manjan,ng plank road from Baton
Rouge 10 Clinton louisiana and from thence
hereafter - be continued to Liberty in
.Anire County. State of Mississippi, should
a company be formed in ANTE County to
connect at the State line.
Ord. The capital stock of the Company
IS fixed at One Hundred Thousand Dollars.
divided into four thousand shares at twenty
Ave 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 frs Board of Directors. The suisse
q,ea. 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 .reater amount thar
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.
Attn. The said corporation, shall go into
operation and be organized, SO soon as
sharesof stock to the amount of Thirty
Thousand Dollars shall have been sub
scrbed. -
: 9th. The business0f 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
hrectofs shall elect one OF their body as
President OF the Coni,..,, 1iieH Hfs'
meeting after their election. a quroun 10
transact business 5lsil consist OF at least
.a.ee members AID the President, or any
four members Of the Board. AT all elections
by the Stockholders, and at all their meet
iogs each share snail be entitled to one vote
Votes may be given ia psison oraby .prory
The President Of the Company is the officer
iess llteI as thssone on whom legal service
Of all process orcita:ioa against the Com
paGy may be made, and the company agree
70 be bound, by service of process or cita-
ton, whether made on the President in
person, or to his address, at the offceof the
company in the hands of any Of its officers.
: 9th. The first Board of Directors 81 all
shall be closed This election shall be held
at Baton Rouge under the superintendent
of the commissioners hereafter designated
and app nted 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 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 third
Monday of January, 1854. The election
nall be annual, and each subsequent Board
shall be elected on the third Monday of Dec
ember A failure to elect Directors, shall
not dissolve the corporation, but the Board
in Office shall continue the exercise of its
Al'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.
ia. The following persons are hereby |
. npointed commissioners for the purpose of
receiving subscriptions to the stock of said
corporation. Vi-: Commissioners at Baton I
Roaga. +. G. Morgan, S. NJ Hart, H. I.
Waaaiil, A. S. Heron Eugene Lanoue and
". S. Pike. At Clinton, j. H. Muse H.
H. Haynes, Henry Marston, CIV. Munday,
J. B. Smith, VIM. Patterson and NJ G.
Mills The said commissioners shall have
power to appoint deputies or agents in
otner places to receive subscriptions.-i
Three shall form a quorum to do business.
The subscriptions shall be closed as soon as
inc amount of Thirty Thousand Dollars
shall have been subscribed, and the COM
discovers shall Immediately thereafter
.ause this charter, with tine names of the
subscribers to be registered in the Office of
!. . Of N.ort.yaroc nc rau,,roI l,y