New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-09-12

right TO build, equip and MAINTAIN bridge
across the Red river, to terminate on TIT
east bank OF Red river, opposite the city o
Shreveport, Tor the purpose OF passing
vehicles Of all kinds, animals, produce o
all kinds, merchandise and foot passengers
and for all purposes bridge may be USED
for; and no other bridge shall be BULL
across SAID river within distance OF tive
miles in either direction for the period OF
thirty years, reserVlng the right to any
railroad company to build bridges within
said limits solely tor railroad purposes, but
in no way to be used for any of the purposes
above stipulated, except as belonging to
the actual business and operating of the
railroad; and that same company shall
have the right to charge such tolls thereon
as may be fixed by the board OF directors
Of said company, and shall have the right
to police such bridge, so that no one or
thing shall be allowed to pass over the
same except in accordance to the regula-
tons made by the directors.
SEC. 4. BE 1t further enacted, etc, That
| the affairs OF the company shall be con-
Quoted by board of directors, the first
board OF directors to consist OF the lncor-
! p0Pator5 named IN the hrSt section OF TINS
act; II the event OF the death OF any 6ueh
| lncorporatorS the balance shall compose
the board OF directors until the end OF the
term; and III the event OF any OF such IN
! corpofaTofs transferring thelf entlre inter-
| est IN TINS company curing thelf Term OF
! service they shall cease to act as directors
during the resldq s7S OF the term, and their
place shal pc nice by the selecnon Of
some other CT stockh9lders by the other az,
rectoFs: ms ooafd OF directors snail mold
office Tor two years from the ,trst Monday
| OF July, I6|2 thereafter the board OF dl-
! rectors OF inns company snail consist OF
tive stockholders who hold at least twenty
shares OF stock, to De elected by the stock
holders on the hrst Monday OF july 1874,
and every two years thereafter; that no
stockholder shall vote at any such election
unless the stock on when he claims to vote
has been owned by nm at least three
months before the election, as shown by the
stock book OF the company; that each
stakeholder shall have one vote for each
share OF stock he may own; that any
stakeholder may vote by proxy for
directors, and that majority of votes cast
shall elect; that 1t shall be the duty of the
directors to advertise the election for direc-
tors in at least one newspaper in the parish
OF the domicllR OF said company, for thirty
days before the election, and to appoint
three stockholders commissioners to hold
the election; failure to hold the election,
as hefel n n1ed, shaIi not operate a dlssolu-
Ii w VI tnls c2fPo[atI9h' oa0 the ola BOARD
oi directors shail holo over untll the next
regular electioh' majority OF the BOARD
!
t BUSINESS. 5ny Nacaney oecartlng, IN the
poa19 VI u HlLecto Us Ie1cepG III Inc nFst
9?aluJ sHah pe nileo ny G1e remaining
directors lof IhaI Term; any director, after
7 IlS 9iectioL, uIsPosIhg VI his STOCK SO as 10
t noio L iess 1hah twenty shares, small from
1it'o eii0 eIte09 en-, " oo q ulieetoI' anu his
plaee S4al I, Do h!ieu as ABOVE.
47 oIG, - 2e ~ lQ e enacIeG' etc:, 1ha1
un1 Isl TT"Im " otec'ois of saI4 com
RR%nS eL"l VI soLl1 20, on VI o5ioI9 tue nrSt
t t1oI,1aS " 10y 5olS' %Hu on suoSequeh1
10 US, I'm 'er G4 lIei tllelr e4ecilon,
w oie VI ledl president,
t anu oIeolIpS seer " ueh IL becomes
NECESSARY Ine 9oare: Oh directors may elect
d rl3 51s anu eh9inetf; OF any 9thef OH
e e5a7, tney may oe9i9h9te Al suGh 0neers
e ollo1 oo Loti -, dole ny Ine BOARD OF dlFec
US $3.50: oAC0RU H49 PlesiIenU me o0aFa OF
Hliectois 0IaIl uaye the rl9ht 20 TX Inc
9Ss tl VI tn0 Ples'Ieht' anu tAe salary OF
- VI tio ot5eL oilctrs' anu 10
- - IL ooi1Q ~ SGoo seeuIIty: SUBJECT
a. " lloli th5
CT = S'l9 'LloSlI' Ineieoi' anu
~ paso a. o9-ia"5 Geenlto necessary NOT
IL ~ VII 'n19 @0' u contrary 10
DEC. 0. BE 1t further enacted, etc, That |
stock certificates shall be provided, and
when issued, shall be signed by the presi- !
cent or the board OF directors and counter |
seal OF the company; and transfer book |
snail be kept, and no transfer OF stock shall |
De Ie@ai or binding on the company until |
the transfer Is made on the books OF the |
company, and such transfer shall be legal |
evidence OF the ownership of the stock, so |
Lar lL- d: me company Is concerned IN any |
Lo r ~ us oaate1 1iat copy eeftinea 10
~ f1I VI lLlS oIlp"IS, tt1utf the
sea- . % tn3s company o. any resolution OF
y oIEecLnrs' sall pe cyl
I1t VI 2toch VI VI any "5lItfu 1f9ceeoih9
hepC ~ CuIs company, ana Snan oe taken
"s eHtogiii5 % ~ any coutV III tlllS state
Or =. DC !! IuttheE enacted, ete', Ihat
Lile ooSLu u 11ftc'ols oI L4is company snaH
Ia , He Vic rIg u. ~ ISst'o Tue oohuS OF thls
aol ~ nG' ~ 9Aceee Ch9
MnQte alio@nt ol t1e caRilaI sIock, as nHed
~ Snlo - @Hu 81 nf me SS5eSa'e
q llount VI tie oGllos ~ ne Lssneu' me
@nu VI etcn Doha' the
tiihe VI n!atu thergoI, me rate OF inter
esI ll!sy are 70 oeal, "hetAer coupon BONDS
OF ho1 ~ ana every otnef requisite 10 consul
tute tIem legal ana certain; ana IN order
10 secure tne pay hleht OF suGa ponds, with
the interest tnefeoh SAID directors shall
nave the right 70 mortgage all the property
! p tI redi anu personal inc!ldlhg the
orlQge, Wnlch mortgage shaII be recorded
ID tue once OF the recorder OF mortgages
ior cauoo PARISH anu Sha!I noG oe required
60 be feinscfloea 10 Keep 1t IN force and eff
rect; ana SAD board OF directors shall have
Tue Tue rlgIC 10 receive any aonatloh or gratu-
ny thaI may De given 20 SAD company, or
any 01her ala 5heFeto on any such terms as
may oe &Stee0 Oh between theln anu other
Part1eS'
SEC. 8. Be it further enacted, etc. That
to the same company are hereby granted