Semi-weekly Louisianian. [volume] (New Orleans, La.) 1871-1872, 1871-07-16

liable for any obligation. CONTRACT
and indebtedness Of the corpora
ton beyond the amount Of his sub.
scription. The secretary and trea-
surer shall give such bonds with
such security as the said board
shall from time to time require.
Sec. 6. Be It further enacted. ETC.,
That to enable said company TO 90
complish the purposes and objects
of this corporation, the said COM
pony is hereby empowered to obtain
by grant, purchase or otherwise,
from any corporation, person o.
persons any riehts. privileges or
'fp aehiSss that raid corporatiors
ferson or persons msy choose to
grant in ra6erlnce to dsnming Che
TangipAhos and Terry's creek, OF
any other water course, taking
water from the same. cutting canals,
establishing iron or wood pipes q
conduits. forming and constructing
ponds, and accomplishing, without
entering into further specifications,
all that may be necessary for the
attainment Of the object contem-
plated in this act; and any such
corporation, person or persons a
hereinbefore mentioned, are hereby
authorized and empowered to grant
sell or transfer to said company
such rights, privileges and franchises
as they may deem proper and ad-
visable; and such rights. privileges
and franchises when conveyed te
and accepted by said company from
any such corporation, person Of
persons, or already granted or con
veyed to any individual before tht
formation of said company, and
subsequently transferred by said in
dividual to said company, shall b
deemed and taken as rights, priv
ileges and franchises. vested ant
confirmed in said company, and no
liable to be. hereafter revoked
changed, modified or impaired, ex
cept with the consent Of said com
pany. :.
Sec. Z. Be it further enacted, etc,
That said company be. and is here
by authorized to purchase. or re
ceive, and hold BY grant, o. otha
wise, all such real and personal q
tate. rights, franchises and privilege
as it may deem necessary, conveni
ent, or advantageous to acquire j
the accomplishment of the object
for which the company is incorpora
ted, with the privilege Of selling an
disposing Of the same in whole o
in part. whenever it may deem
advisable and profitable 10 the CON
pany; and that it be and is hereb
authorized and empowered, in cas-
said real estate and personal prop
erty. franchises, privileges m
rights are to be obtained out of th
estate Of any deceased person or
q minor, to acquire the same frol
any duly qualified executors, d
illustrators, guardians and trustet
thereof. subject to the approval
the proper court Of probate juri
diction in case Of successions, an
of minors, and the act and deed ,
such executors, administrators, qua
dams or trustees, in relation theret
; shall pass title in such real or pc
sonal estate, rights. franchises an
J privileges, in the same manner as
the said deed or act had been MAJ
} or done before his death by the d
, ceased or by a legal owner Of fl
: age, and such executors, admin
) traitors, guardians and trustees ahl
> account to those interested in q
Same manner in which they q
!, bound to do any other act Of thu
r administration. el-l - j
: Sec. s. Be it further enacted, et
r That said company 10 hereby 81
: powered, from time 10 time, to bs
8 row money or TO purchase proper
= a. aforesaid, upon its own cred
; for the purpose for which il is I
% ganized; and as evidence Of the
. dobtednesss Of said company
b such loans. or the purchase OF prt
# erty. may issue it, corporsasd bon
, or promissory notea bearing INT