The American patriot., 1855-08-25
CHARTER OF THE
Clinton Branch Railroad Company

A N ACT to incorporate the Clinton Branch Rail
II Road Company.
PREAMBLE.
WHEREAS, a corporation, styled the Clinton Branch
Rail Road Company, has been created under the
Act of the Legislature, entitled An Act for the
organization of Corporations for works of Pub
lie Improvement and Utility" approved, March
the twelfth, eighteen hundred and fifty two
which said corporation was enacted in the fol-
lowing words, to wit:
WE, the undersigned agree to form ourselves
into corporation under the laws of the State of
Louisiana, hereinabove set FORTH for the purpose
of constructing Rail Road from the town ofClin-
ton Parish of Fast Feliciana, running through the
Parish of St. Helena, to some point of intersection,
the line of the New Orleans, Jackson, and Great
Northern Railway, and tor that purpose We have
formed the annexed Charter, and have signed the
same.
CHARTER OF THE COMPANY.
SECT. I. The said corporation shall be called the
Clinton Branch Rail Road Company, and its
domicl be fixed in the town of Clinton, in the
Parish of East Feliciana.
SECT. 9. The said corporation is established for
the purpose of constructing, working. and main
tanning Rail Road from Clinton, in the Parish of
Fast Felicana, eastward through the Parish of st.
Helena to point of intersection on the New Or
leans, jackson, and Great Northern Railway, which
shall be deemed the most favorable after satsfac-
tory surveys.
SECT g. The capital stock of the company is
fixed at Five Hundred Thousand Dollars, divided
into twenty thousand shares of twenty five dollars
each. Payments shall be made in such sums and
at such periods as shall be fixed by the Board OF
Directors.
Propided That the subscriptions my be paid in
labor or materials when such mode of payment is
preferred by the subscribers Proaided also, that
no call shall be made for than ten per cent at
one tmc and sixty days notice of each call shall be
given by publication in one newspaper in the city
| of New Orleans, and one in the town of Clinton
Not more than four calls shall be made in one year.
! SECT. 4. The said corporation shall so into op.
! Grafton and be organized as shares of stock
to the amount of seventy five thousand dollars shall
have been subscribed
SECT. 5. The business of the Corporation shall
be conducted at its domicil in the town Of Clinton
bya Board composed of twelve Directors. quo
rum shall consist of at least five Directors. The
directors shall elect of their body, President
of their Company, at their first meetind after their
election No person shall be eligible as drec-
tor, who is not share holder. AT all elections by
stock holders, and all their meetings, each share
shall be entitled to one vote. Votes may be given
in person, or in proxy The President of the Com.
pany is the officer designated as the one on whom
legal service of all process citation against the
Company, may be made, and the Company agree
to be bound by service of process or citation
to his address at the office of the Company in the
hands of any ofts officers.
SECT 6. The first Board of Directors shall be
chosen as soon as the list of subscription shall be
| closed The notices of the election of the frs,
Board Of Directors, shall be given by publication
made fifteen days in advance in one newspaper il
the city of New Orleans, and one in the town O
/ ~ i. n. L II