The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1853-05-27

have 'signed the aue, aud have added t
onr siypature arsta'esnfnt Of the number OF
shares and the atloun, Of our subscriptions
to said Company. ~
CHARTER OF THE COMPANY.
ls'. Tn said corppration Shall be called
The Baton Roiig and Clinton Plank Road
ComNanv,r and IT, domicile is fixed | the
city Of Baton Rouge. ~ .s
2nd The said corporation is established
for the purpose of constructing. working
| an man'aini & a plank read from Baton
ROUGE to Clinton Louisiana and from thence
hereafter 70 b" continued to Liberty IN
'Amirc County. State Of Mississippi, should
a company he. formed in Amhe. County to
connect ~ the Staterline.
3nh The capltastock Of the Company
is fixed at One Hundred 'rhou'and 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
mode, within thirty days after the election
of he first Board Of Directors. The subse-
arent pa vrnent shall be made in such sums
and al euch periods as stall he fixed by the
Board Of D rectorw Provided That no
call shall be made for a greater amount than
| ten per cent at o. e time and that sixty
iays notice Of each call shall be given, by
publication in one new paper iu lished in
B ton Rouge which shall he known TO the
st ckhodrss az the official paper OF the
|. Company, and in one ne wspaper published
at Nlin'en.
4tlr The eaid corporation. shall 90 into
operation and be organized. so soon AS
shares Of stock TO the. amount OF Thirty
Thousand Dollars shah have been sub.
scrired
dth. The business Of the corporation shall
he conducted at its 'omicii in the city Of
Ra'on Rouge by Board composed ol seven
Directors who shall be stockholders The
Directors shall elect one OF their boly as
President Of the Company, at their first.
meeting aftertheir election. A quronn to
transact bnsiness shall consist Of at least
three members and the President, or any
foar members o, the Board Atall elections
by the stockholders and al al; their meet
ings each share shall be entitled to ne vote
Votes NAV be given in person or by 1rory
The President of the Company i, the Officer
designated as the one on whom lega! serv ce
of al pro pss or citation against the Com
rqnv NAV he made, and the company agree
70 e bound By service of' process or ci'a-
ton whether made on The President in
ferson. or to his address Mt the Office Of the
comnanv in he hands. of anv Of it's officers I
9Th. The first Board of Directors sieaIl
he chosen rs saon rs the LIST Of s,ibscrip'io
shall be closed This election shall be held
at 2sson oug- uader the superintendent
of the commissioners hereafter designated
and amounted 70 receive subscriptions -
Al subsequent elections shall bp held at
Basoa Rony- unier the superihtendaiiee OF
thrar commissioners appointed from am
,ngst thr stoc holders Wy The BOARD If Di-
rect ire for The iine bein =, Noti'e of'thc
f-ss elrcs;on Of f,irector-, shall he giveo
ff cen lays IN advance IN al least ne news
pspe, pnb shed in Baton Ronge, am! Que
ouhliShed at linton The fist Board tof
Director shall hold Office until tie third
Monday of January, 1874. The electi n
>ila! be annual, and each subsequent Board
shall be elected on the third VI ,niay Of Dec
'mber A failure to elect Directors, sha
not dissolve the corporation, hut the Board
IN office shall continue the exercise of il. 4
functions until new board can he elected
\ notices Of elections ana Of meetings Of
tnckholders after the first election above
provided tor. shall be eiscn by publication
thirty da in advance, in the offcial papei
# the companl and IN one paper published
At Clinton
7sh Tne following persons are hereb,
appointed commissioners for the purpose OK
receiving subscriptions to the stock Of said
orpora,itn. vi. Commissioners at Baton
Rouge. r. G. Morgan. 8. NJ. Hart, H. T.
Naddill. 4. s. Heron. Eugene I.anoue and
". S. Pike. At Clinton. J. H Muse, H. /
K Havnes. HenrvM 'rston. G.. w. Munday,
J. 3 Seth. VIM. Patterson and NJ. G
Mills. The said commissioners shal! have
power TO appoint deputies or agents in
ther places to receive Subscriptions
Three shall form quorum To do business.
The sunscript ons shall be closed as soon as
the amount Of Thirty Thousand Dollars
oh = IL havo hoan enhe< rihad aod f.a corn