The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1852-11-13
Oh A X Z u r..
OF THE
Baton Rouge g. Clinton Plank Road Co.

selves into a corporation, under the laws o
the State of Louisiana, al particularly SCI
forth in an act entitled an ".2etj or he orga's.
asation of corporations for scorks Of 9nbii'
4imD,opcn,em andstilAy'--a copy of xbiel
~ hereinto annexed, for the purpose Of ron.
structinp Plank Road from the city oil
Baton Rouge, in the Parish Of East Baton
Rouge. TO the town Of Clinton. in the Parish
of East Feliciana, and from thence along
the most eIiRGble rout to point that will
connect the town Of Libertyin Amite Co
State OF Mississippi, and for that purpose
We have formed the annexed charter, and
have signed the same. and have added 10
our signature a statement of the number OF
shares and the amount Of our subscriptions
TO said Company.
CHARTER OF THE COMPANY.
,fst The said corporation shall be called
the sBaton Rouge and Clinton Plank Road
company and its domlcieis fixed in the
the city of Baton Rouge.
2nd. The said corporation is established
for the purpose Of constructing, working,
and maintaining plank. road from Baton
Rouge to Clinton Louisiana, and rom thence
hereafter to be continued to Liberty in
Amitc County, State OF Mississippi, should
a company be formed in Amite County to
connect az the State line.
Bird. 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 O. FIVE per
made, within thirty days after the election
of the first Board Of Directors. The snbse
quent payment shall be made in such SUMS
and at such periods asshall be fixed by the
Board Of Directors Provided shat no
call shall be made, for a greater amount than
ten per cent, at one time, and That sixty
days notice ofeach call shall be given, by
publication in one newspaper published i'll
Baton Rouge which shall be known to the
stockholders as the official paper of the
Company, and in one newspaper published
at Clinton.
dth The said corporation, shall go into
operation and be organized, 50 soon as
shares Of stock to the amount of Thirty
Thousand Dollars snail have been sub
scrbed.
9Th. The business OF the corporation shall
be conducted at its domicil, in the city Of
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 qurourn to
transact business shall consist Of at least
three members and the President, or any
four members ofthe 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 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
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 si.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 third
Monday of January, 1854. The election
shall 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 It's
functions until new board can be elected. |
All notice of elections and of meetings of
after the first election above
provided for, shall be given by publication
thirty days in advance, in the oiticial paper |
Of the company, and in one paper published
at Clinton.
It'll. The following persons are hereby |
appointed commissioners for the purpose of
receiving subscriptions TO the stock OF said |
corporation Vis Commissioners at Baton /
Rouge, r. G. Morgan, S. NJ Hart, II. I. !
Waddill, A. S. Heron. Eugene Lanouc and
w. S. Pike. At Clinton, J. II. Muse, II.
IT. Haynes, Henry Marston, CIV. Mnnday,
J. B. Smith, VIM. Patterson and NJ. G.
Mills. The said commissioners shall have
oower to appoint deputies or agents in
,ther 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
nissoners shall Immediately thereafter
,atlse this charter, with the names of the
to be registered in the Office of
he Recorder of Mortgages as required by