The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1869-11-13
State Of Louisiana-.Parish of st. Landry.

State of Louisiana-.Parish of st. Landry
1T KNOWN, That this day PERSONAL.
~ came and appeared before me. John +
Morrogh, a Notary Public, duly commissions.
and sworn in and for the STATE and Paris
above written, John Fahcy, Benz. Woodwo1t
NJ. D. Kavanagh, Henry Lastrapes, Lewis
D. Prescott and w. A. Robertson, wh'
severally declared that availing themselves
of the general law of this State authorizing
the organization of a corporation for works
ofpublic improvement and utility, they do
hereby form themselves and su"n DINERS as
may become associated with them by subscrip
ton or succession a corporation under the
name, style and title of the st. Landry
Road and Bridge Company"
ARTICLE 2-The domIcil OF said corpora.
ton is chosen at Washington, parish of st.
Landry, in this State
ARTiCLE 3-Ehe object and purpose OF
of said corporatih is hereby declared to be.
the purchase of the Toll. bridge across the
bayou Carron, erected by Benz. Woodworth
under a contract with the Police Jury of the
parish OF St. Landry, and keeping the same
az a Toll-bridge.
ARTICLE 4.-That citation or any other
legal process shall be served on the President
of the said corporation. .
ARTICLE 5.-That the capital stock of
said corporation shall be THIRTY THOUSAND
DoLLAKs, divided into three hundred shares
of one hundred dollars each, one third OF
which amount shall be paid at the time OF
subscription to Benz. Woodwork and w. A
Robertson, commissioners hereby appointed
for receiving subscriptions and paying the
same over to the proper officers OF the coInpa'
nv after ito organization. The remaining two
thirds to be paid within thirty days thereafter.
provided. that the Board of Directors shall
bave the right of authorising the President to
stop tue call for further installments, ana to
declare the stock at par and issue certificates
to the stock holders for the full amount OF
stock subscribed for. ,,
ARTICLE 6.-Said corporation, shall have.
possess, and enjoy all the rights. powers and
privileges belonging and incident to corpor-
atoms and necessary and proper for Its Tor
nation; and the said powers, rights and
privileges shall be exercised by a Board OF
Six Directors to be elected from among the
stockholders, on the first Monday in January
of each year, to hold office tor two years. and
until their successors shall be elested aud
qualified; and until the election to ttke place
On the first Monday in January 1870, the
following are hereby named to exercise all
the rights, powers and privileges of the
Board Of Directors, to serve until they Shall
be suspended by the election Of a new Board,
viz: BENZ. Woodwork, w. A. Robertson,
Henry Lastrapes. NJ. D.. rkavanagh, John
Fahey and Lewis D. Prescott.
ARTICLE THAT at the election and meet
irgs of stockholders, each stakeholder in
person or by proxy, shall have a vote on each
Share held or owned by them, aHl that at the
first meeting of the Board Of Directors herein
provided fer, the said Directors shall elect
one Of their members to be President OF the
Board, and the said Board shall appoint all
such officers and employees as may be requl
site in the management of the BUSINESS OF the
CORPORATION, and fix their salaries; and the
said Board is hereby authorized to purchase
sud hold such real and personal estate as may
be necessary to carry out the object OF this
Charter, or for the convenient transaction OF
the business of the company, to make bylaws,
and to have and exercise generally. all the
mowers of a corporation under the laws OF
Loulsiana. .I
ARTICLE a.-That said corporation shall
continue until the first Monday in October i'll
the year Eighteen hundFzd anc n'nety-hve,
1855 unless sooner dissolved by causes
herein unforeseen.
ARTICLE 9-That on the dissolution of
this corporation, either by expiration of the
time OF their charter, or by the voluntary act
OF THE SLOShuUluCtSe viz. cp"to Va
then in daice, shalt proceed to settle and
wind up the business Of the company; and
for that purpose are authorized to sell all the
property 6f the company Of whatever sort. to
collect all the claims and credits due the COM
pany, pay all its debts and effect the hnal
liquidation of affairs. After payment of debts
during the process of liquidation, dividends
Of the funds on hsad from, time to time shall
declared and diviced among the stockhol-
LxTIcLE in.-That if. at the expiration of
the time of the present charter. two-thlrds OF
the stockholders in interest shall desire to
renew said charter for a further time, or If
its existence, any mod %icatIon, a'tera-
fasn addition or dissolution be- desired by the
Ike nn1sber of stockholders in interest, then
in such case, tho act of the said fve-thIrds
shall be binding on the other Stockholders.
ARTICLE ll.-This corporation a'ins for
med under fine general Law eutiticd An act
for the organization of Interpretations for works
Of public Improvement aud utility, approved
March. fonrtecnth, Eighteen hundred and
fftytwe, {fS52) aud ~reenacted March four
Eighteen hundred and hfty-ive (i8-
55);" ACCORDING to san act, no ssocklold' r
shall ever bs held liable to. or through sald
corporation, for ats contracts or faults, in any
SUM than the unpaid balance, if any,
due by him on his stock. ...- ..s
& In testimony Of which, the said parties
have hereunto signed at Washington, State
and Parish above written. in the Eyesence of
l'anl Lastrapes and VIM. Vanhille. compe-
tent. witnesses, and me. Notary Public as
aforesaid, this SIXTH Day OF OCTOBER,
Eighteen hundred and Sixty-nine. 49,.
Witnesses: JOHN FAHEY,
LASTRAPES. NJ. d. KAVANAGH,
w. YAXHILLE. BENZ. WOODWORTH,
' HENRY LASTRAPES,
.'~ ~ d .s"a' "@ LEW. D. PRESCOTT,
#t- E3~- t~f Fl WIN. A. ROBERTSON.
JOHN r. MORRoGH, Notary Public
In and for the n aAish of st. Landry.