The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1853-05-25

state OF MISSISSIPPI ana ior thdt pu'Pu>c
we have forme the annexed charter, and
have signed the same. and have addedSt'
our signature statement of the number of
shares and the amount of our subscriptions
to said Company.
cHARTER OF THE COMPANY
1T. Th. said corporation shall be called
the Baton Roug' and Clinton Plank Road
Company and its domicie is fixed il the
city Of Baton Rouge.
end. The said corporation is established
for the purpose of constructing. working.
and mantain,g plank read from Baton
Rouge 70 Clinton Louisiana, and from thence
hereafter to be continueeto Liberty in
Amite County. State of Mississippi, should
a company be formed in Amite County to
connect at the State line.
3rd. The capital stock of the Company
is fixed at One Hundred Thousand Dollars.
divided in 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-
ouent 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 greater amount than
tvl.nN,pGss1u aH(In< 10fme eixty
days nstsamnaGn ~ ps ksxsh, by
publication in one new<tdpef ptbilsWa lin
Baton Rouge which shall 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
scrihed.
5th. The business of the corporation shall
be conducted at its 1omicl in the city of
Baton Rouge by Board composed ofseven
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 a the Board. Atall elections
bv the stockholders, and at all their meet
ings each share shall be entitled tt9ne vote.
Votes may be given in person or by PROXY
The President of the Company Is the Officer
designated as the one on whom legal serv ce
of all pro ess or citation against the Com
pany may be made, and the company agree
to lie bound. by service of process or cita-
ton, whether made on the President in
rerson, or to his address, at the office of the
company in the hands of any of its officers
9th. The first Board of Directors shall
be chosen as soon as the list of subscriptio
shall be closed This election shall be held
= ,,,Jov fho ,xf, II
of the commissioners hereafter designated
and appointed to receive subscriptions
All subsequent elections shall be held al
Baton Rouge under the superintendent OF
three commissioners appointed from am
ongst the stockholders by the Board of Di-
rectors for the time bein,. Noti..e of the
first election of Directors, shall be given
fifteen days in advance, in at least ne news
paper published in Baton Rouge, ananQne
published at Clinton. The first Boay 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 ofDec-
ember A failure to elect Directors, shal
not dissolve the corporation, but the Board
in Office shall continue the exercise of it,
luUCtltflS uIibll q UcW HDdlu CdU Dc clcCltu
All notices Of elections ana of meetings OF
stockholders after the first election above
provided for. shall be given by publication
thirty day in advance, in the official paper
of the company. and in one paper published
at Clinton.
7th. Tne following persons are hereby
commissioners for the purpose OK
receiving subscriptions to the stock of said
corporation. Vi=: Commissioners at Baton
Rouge, +. G. Morgan, S. NJ. Hart, II. T.
Waddill. A. S. Heron, Eugene Lanoue and
w. S. Pike. At Clinton, ]. H. Muse, II. |
H HAYNES, Henry Marston, G. W. Munday,
J B. Smith, VIM. Patterson and NJ. G, |
Mills. The said commissioners shall have
power to appoint deputies or agents in
ether places TO receive subscriptions
Three shall form quorum to do business.