Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1852-11-06

The furnishing Of material of equipments for the
fs,sd OH such credits de thBy may deem proper /
ID tarfow ttisney for and on aeeont Ut said read
Ii any sut, not 10 exceed ten Thousand dollars,
unless authorised by avote Of two thirds Of the
ehboldefs not to exceed that sum, and TO merit
gage the said road and liz appuftenantes TO seizure
the payment pf The same 10 make all evttfaets
fof tbs purpose Of speedily aud properly con.
stfuetine said read, and when said road or any
part thereof Ii finished, TO x The rate Of tolls lof
The same ID make sl rules and regulations OF by
laws necessary for The proper, safe and regular
transaction Of the business Of the company but
sscb rules and rsaeiAtIuns shall be subject 10 re-.
peal change, amendment, or modification, by the
Stockholders al their meetings, or by the Prssi
dent and Directors In the intervals they may
accept donations In land OF tugnsy, or such nates
rials OF labor ~ may be useful to the company
they shalt declare semiaannaslly the dividends
arising from the road after the payment o5 all exs
penses. Said dividends shall be declared and
made payable to the stockholders during the ffst
fifteen days Of December and June Of each year,
thsy shall make at least ofice In each year res
peri In full detail to the stockholders, exhibiting
The expehees and profits or revenue Of the road
al well az The cost during the process Of nonsttte.
tinE the same as we'll M the repairs that may be
made thereof they shall keep Or cstse to be
kept, regular set Of books, OH which shall be eh.
tered In regular order oil business OF ether ttars-
actions oi the company which said book shall be
opened to the inspection oftbe stockholders at The
Office Of the company A stock book shall be
kerr, and certificates Of stock shall be issued 10
the stockholders and no transfer OF stock shall be
binding Oh the company until made OH its stock
book. E
10 tfshy subscriber fot stock shall be taxed
BY virtue OF any law or ordinance for the pay.
nient Of subscription TO the company, he stall
have the right Of reducing the number Of his
shares by an amount equal TO That oi the taH go
imposed, but this fight must be exercised With
In thirty days from the date Of the law or vfd.
nance aliet which term II shall not be allowed :.
Ia. An anual messing Of the stockholders shall
be held on the first Monday III December 10 res
eeive an annual report Of Tile past years opera.
fion and bisiBees Of the company at which q
full statement Of the financial affairs and other
business Of the eospany shall be submitted BY
the President and Directors for examination ny
the stockholders and their agents.
ID. AL the expiration Of the ehaft, Or whenever
the dissolution of the corporation shall render
necessary its liquidation, three commissioners
shall be elected BY the stockholders whose duty
II shall be to take possession Of the property o.
the company. and eontact its business to Anal
liquidation oil sueh terms and In such manner o.
shall be Determined by meeting Of the stock,
holders regularly convened for that purpose, and
if at the expiration Of the present charter ma.
ierty Of the stockholders In number Or attount
| shall desire to renew the same for . further
term, the stock heders destenting nom said renew.
shall be bound TO transfer their stock TO those
during the renewal at its fair val,ie, TO be Fixed
| by appraisers mutually chosen for that purpose