The Feliciana Democrat. (Clinton, La.) 1855-186?, 1855-09-08
CHARTER OF THE
Clinton Branch Rail Road Company.
A N ACT to incorporate the Clinton Branch Rail
n Road Companv

Clinton Branch Rail Road Company
| A N ACT to incorporate the Clinton Branch Raj
II Road Company.
WHEREAS, corporation styled the Clinton Brancl
| kail Road Company, has been created under th
Act OF the Legislature, entitled "An Act for th
organization Of Corporations for works Of Pub
| Improvement and Utility" approved, March tn
twelfth, eighteen hundred and fifty two whicl
said corporation was enacted in the followin,
| words, to wit:
We. the undersigned, agree TO form ourselves int
corporation under the laws of the state of Louisi
ana, hereinaboye set forth for the purpose of con
structing Rail Road from the town of Clinton
Parish OF East Feliciana, running through the Par
sh OF ST. Helena to some point of intersection, or
,ne ilne OF the New Orleans, Jackson, and Great
Northern Railway, and for that purpose we ha,
formed the annexed Charter, and have signed the
same.
CHARTER OF THE COMPANY.
SECTION l. The said corporation shall be called the
Chnon Brdneh Raa Road Company, and its domicil be
Feliciana.
Sec. 2. The said corporation is established for
tue purpose OF constructing, working and maintain.
ing Rail Road from Clinton, in the Parish of East
Feliciana, eastward, through the Perish of ST. lc-
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: 3. 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 pe-
rods us shall be fixed by the Board of Directors.
Provided, That the subscriptions may be paid In la-
Dor or materials when such mode of payment is pre.
ferred by the subscribers. Propided also that no
call shall be made for more than ten pcr cent at one
time, and sixty days notice of each calf shall be Civ
en- 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.
Sec 4, The said corporation shall go into opera
tion and be organized, as soon as shares of stock
to the amount Of seventyve thousand dollars shall
have been subscribed.
Sec o. The business Of the Corporation shall be
conducted ut Its dOmicl in the town of Clinton by
Board composed of twelve Directors. A quorum
shall consist of at least five Directors The direc-
tors shall elect one of their body, as President of
their Company, at their first meeting after their
election No person shall be eligible as 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 the one on whom legal service
OF all 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 the
President in person, left to his address at the Office
OF the Company, in the hands OF any of its officers
SEC. 9. The first Board Of Directors shall be cho-
sen as soon as the list of subscription shall be closed
The notices of the election of the first Board of Di
rectors, shall be given by publication made fifteen
days in advance in one newspaper in the city of New
Orleans, 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 supern-
tendence OF the commissioners aforesaid, who shall
select three of their number. for that purpose All
subsequent elections under the superintendence of
frnu