The Feliciana Democrat. (Clinton, La.) 1855-186?, 1855-09-15
CHARTER OF THE
Clinton Branch Rail Road Company.
N ACT to incorporate the Clinton Branch Rail

AN ACT to incorporate the Clinton Branch Raj
II Road Company.
WHEREAS, . corporation, styled the Clinton Brancl
Rail Road Company, has been created under til,
Act OF the Legislature, entitled AN Act for th,
organization Of Corporations for works of Public
Improvement and Utility" approved, March tn,
twelfth, eighteen hundred and fifty two. whicl
said corporation was enacted in the following
words, to wit:
WE, the undersigned agree TO form ourselves into
corporation under the laws of the state of Louis
ana, hercinaboye set forth, for the purpose Of con
structing Rail Road from the town of Clinton
Parish Of East Feliciana, running through the Par
ish Of st. Helena. to some point of intersection, on
the line of the New Orleans jackson, and Grea,
Northern Railway, and for that purpose we hay
formed the annexed Charter and have signed the
same.
CHARTER OF THE COMPANY.
SEcTroS l. The said corporation shall be called the
fixed in the town of Clinton, in the Parish Of East
Fcciana.
Sec. g. The said corporation is established for
the purpose Of constructing working, and maintain.
Ing Rail Road from Clinton in the Parish Of Eas,
Feiciana, eastward, through the Perish of st. He
lena to point of Intersection on the New Orleans
Jackson, and Great Northern Railway. which shall
be deemed the most favorable after satisfactory
surveys.
Sec. s. The capital stock of the company is fixed
twenty thousand shares of twenty-five dollars each
Payments shall be made in such sums and at such pc
rlods as shall be fixed by the Board of Directors.
Prorided, That the subscriptions may be paid in Ia
Dor or materials when such mode of payment is pre-
ferred by the subscribers. Proyided also that no
call shall be made for more than ten per cent at one
time. and sixty days notice Of each call shall be Civ
On by publication in one newspaper in the city oil
New Orleans, and one in the town of Clinton. Not
more than four calls shall be made in one year.
Sec. 4, The said corporation shall go into opera
ton and be organized, as soon as shares of stock
to the amount of sevcntyiye thousand dollars shall
have been subscribed.
Sec. s. The business of the Corporation shall he
conducted at its domicl in the town of Clinton by
Board composed of twelve Directors. A quorum
shall consist of at least five Directors. The drec
tors shall elect one Of their body, as President OF
their Company, ut their first meeting after their
election No person shall be eligible as u director
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 Company is the
officer designated as the one whom legal service
Of oil process or citation against the Company. may
be made. and the Company agree to be bound by
service of process or citation whether made on til,
President in person. left to his address at the Office
Of the Company, in the hands of any of its officers
Ser 0. The first Board Of Directors shall be cho-
sen soon as the list of subscription shall be closed
The notices of the election of the first Board of D.
rcctors, shall be given by publication made fifteen
days in advance in one newspaper in the city of New
Orcaus, and one in the town of Clinton, and the
election shall be held ut the time and place desig-
mated by the commissioners charged with receiving
the subscriptions.
The first election shall be held under the srpcrn.
tcndcnce Of the commissioners aforesaid who shall
select three of their number, for that purpose. All
subsequent elections under the superintendent OF
three commissioners to be appointed from among
the stockholders by the Board of Directors for the