Thibodaux minerva. [volume] (Thibodaux, La.) 18??-1858, 1856-06-07
TH1BoDAUx BRIDGE COMPANY
State OF Louisiana

~ on this the thirieih day Of May in the v.. nat
Lord one thousand eight hundred and Atty s our
Rspors o,en M h.e States Of America eirh. INC
in and for the parish VI Lafonrche state Public
therein residing, and in presence OF the witness. and
after named and subscribing, 'eS>es herein
Personally came and appeared PatricL u.,.:o
duly represented Try Patrick Henry Gary. F;,sy &Co,
Brnf James McCurdy Crawford, Joseph r Thames james
Joachim Badeaux, Henry Hoffman, Rous,an =, johnson
duiy represented by J. b. Roustan: Jobn w McEvers
Eugene Godefrod obichaux Victor Richard Lon
Alsn Fayette ounty Ewing, jerome r. Van Lies.
A. Mcleod, Adolphe Perrin, The Corporation ~ Miles
Of Thboaux duly represented by the Nayor ne Town
CHURCH WHITE; Louis i.angman Jean Franco; A.
l.. Rivle7e D. Dnrac Etienne Olivier Co. nn
brook, John Larkin Sylvan T. DaunIs and R., West
represented by leufroi Daurs; Jhfn Conkn p duly
W. H. kagan duly represented BY j. c. Ragan apS and
Kleber Gourdan, all residing itf the town ~ ana Joseph
parish and State aforesaid; Oh rles Dnnra noodaux
James Ausustin scudday Company duv Bush
james Augustin scudday Donelson and Nelson d oy
Succession Of the late deceased Andrew Col M and
resented by John A. Collins all Of the parish Of rep
and Arthur NJ Foley Of the parish Of Assumn;n
aforesaid, duly represented BY p H. Gary sta.e
Who severaly declared, That willing to ,v,u.,
Of the benefit Of act Of the Legislature Of ,hs
Louisiana, entitled An act for the organization ~ n Of
proved the 14th Of March, 1855 and numbered 10y ap-
1872 Of the statute book for that mentioned page
They have espec! ally associated themselves and
persons who may hereafter join associate with them M
the purpose hereinafter mentioned and set forth and
term Of twenty-five years. 1o ''f the
In consequence thereof they do hereby covensa.
agree between themselves aug
l. That their association shall be known under tba r
and style Of THE THlBODAUX BRIDGE COMPANY 'm mt
principal Office whereof hereby located in III. as
town OF Thibodaux. e'ald
2..The object Of this Corporation is to erect p,ro
BRIDGE across the Bayou Lafourche, at any sui an %
within the limits Of the said town. as shall be esvn,,s
majority of stockholders in amount to cross over a,
time Of the day or the night persons or persons h
mules cattle, carts, wagons, carriages Of all kinds an
other vehicles of whatsoever nature empty or loaded
President of the Board Of this corporation shall be d. %
the officer upon whom citation may be served ''
3. The amount of the capital stock of this
hereby fixed at thirty thousand dollars divided n,o %
hundred shares, each Of twenty five dollars with prvisa.
il the majority Of stockholders in amount thinL
increase the capital stock to the sum Of thirty H.
sand dollars, also in shares Of twenty dollar, T
payment Of each shares in this corporation shah he M
lows Five dollars per share subscribing and ,r M
balance of their subscriptions each stockhoder SHAH s
ns his or their promissnry notes, made to the ora.,
the President and Directors Of this corporation payabs
the Recorders office Of this parish three six nine S
twelve months after the date hereof the rate each of a
dollars share for the amount of shares he or thew
have subscribed The nonpayment of any such note f
fifteen days after its maturity and demand therefor shah
cause such shares to be forfeited for the benefit of this
poraton, well the instaents iously paid in
The election Of the Board of Directors shall be held Nv
three to be appointed by the Board herr.
matter mentioned at the Office Of the corporation on n.
first Monday Of January, eighteen hundred and y-seyen
between the hours Of 10 O'Clock A. NJ and O'Clock
at which time also three commissioners Of election SHAH be-
elected for the ensuing eecton and thereafter the election
OF the Board Of Directors and Of three commissioners sha
be held at the place above designated and between the
hours just above mentioned the first Monday of January
in each year.
The management control and supervision of the Affairs
this corporation shall be conded to Board Of Directors,
to be composed Of five stockholders to be elected annually
above described, by the stockholders in person or nv
proxy the plurality of votes amount at the time and
place above mentioned On their first meeting The Board
OF Directors elect shall from among their numbers elect
who shall be the President of the Thibodaux Bridge
Company" The President shall keep record Of
the proceedings business transact ons affairs
of this corporation, well full Of receipts
and expenditures will also be duty collect all toll
bills and pay out all moneys that may be due justly and
lawfully for the construction REPAIRS and expenses the
BRIDGE he shall also make and exhibit full statement Of
the concerns OF this corporation made up semannuay
the first Mondays of January and July in each yea be
subm tied at the semannual meeting Of the stockholder
to be convened by him, and held the Office Of the COM
pany the second Mondays Of January and July in each
For his services he shall be entitled to receive
and half per cent? on all moneys paid except dividends
paid 10 the stockholders.
The Board of Directors shall give the contract for tho
building of said bridge together with the machinery mple
ments and appurtenances for working the the
deraker undertakers that will make the adysna-
geous proposals to the price, and who will offer the best
ties for the performance of his their contract
The Board Of Directors shall make set Of regulations
and y laws for the government Of the business Of this
poration and the same amend repeal majority Of
them shall best for the interests of the corporation
provided the be not inconsistent with this the
laws by which this corporation is created They shall also
have the right Of eectng Secretary and any other
'ary officers for carrying on the business ofths corporation
remove them at pleasure reeect Others and at any Zine
dispense with the services Of any officer officers.
The books Of this corporation shall at any time be open
o any Of the stockholders that may desire to examine
hem.
The first Board Of Directors shall be composed Jona
White p H. Gary, Leuoid Daunis, James A. Scudday
he aforesaid first Monday of January Of the year eighteen
hundred and ffty-seven.
In Of any vacancy occurring in their body by
my cause whatever, the Board of Directors SHALL from
mong the stockholders choose person persons to fill
vacancy and who will until the next election for
Directors by the stockholders.
This corporation shall have common seal, upon which
hall be engraved the Of the company and the date Of
Is Incorporation.
In all matters wherein of the stockholders shall be
AIKEN, each share shall be entitled to vote.
The dividends if there shall be any profits and above
he expenses incurred for building the bridge and carrying
the business of this corporation shall be declared semi
Affairs shall be made by the Directors but only after the
bridge has been completed and all its bills paid The D
'ecors of this company shall exercise supervisory control
over all the officers thereof.
Books Of transfer shall be kept by the President for the
transfer Of stock and the certificates of stock, signed by
The President and countersgned by the Secretary with the
OF the seal Of this corporation thereon shall BE- t.
,ued to the stockholders.
Books Of subscription for the capital stock Of this copo
ration shall lie opened at the Office OF the COMPANY and In
Ill other places that shall be designated by the Of d.
shall be appointed for that purpose by the said Boa
Ind they shall continue open from the date Of this act until
The whole amount Of the said twelve hundred shares shall
have been TAKEN when the shall be closed and IN
Of Of subscription and above the said
weve hundred shares then such shall be deducted
rom the names holding the largest number Of shares but
not 50 that any stakeholder shall be len with larger
number Of shares than either of those reduced.
Should it be determined aforesaid by majority o. ne
u amount increase the capital stock Of this
notice thereof shall be published at least four
lines for month in succession in newspaper 70 DC
designated by the Board Of Directors and at the meeting
ldopted three Of the stockholders in the town OF Thoo
iaux shall be elected by ballot to open books Of sbse
ion for such increased stock which shall be opened a ne
,ce Of the company and in all other places that shal %
designated by the Board Of Directors That BODY maj
choose person persons to open books and supenna
he subscrption but The books in each place hs
kept open than thirty days after the expiration =.
.ad month notice. then, also the first stockholders Of @
company shall have the privilege to subscribe for and e
up all Of the stock In preference to parties not ao
holders.
Fifth and last. When the period has arrived of the u
4uidation Of the affairs Of this corporation, that
majority Of the stockholders in amount, and shan
styled Lquidatng Commissioners" shall be ther aev
70 sell and dispose Of the entire property OF the
Except the bridge, that shall be abandoned to the POM
own Of Thbodaux) on terms to be axed by majority
he stockholders in amount At general meetng Me
collect all amounts then due to this corporation and -.
paying all its liabilities, divide the nett proceeds OF Mo
collection amongst its stockholders, in proPorcn o.ed
respective shares at least fast enough shs DC ia
% divide But in case Of any deficit in the ununs ~
affairs Of this corporation, the said Liquidatns ths
oners shall have full power and authority to "a
stockholders to fill up such deficit, always IN pIoP''
he number Of shares Of each. .,sno
Thus done and passed IN my Office In the tow pierre
Jaux in presence Of Messrs Louis Boudreanx s - ria
Ernest Beauvais good and competent wne ss.her with