New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-26
Assistant Secretary of State.
O. ~ A@TT

60 incorporate the Shreveport BridgeCOns
pany, and to authorize the company to-
ISSUE its bonds and to build a road fronP
&ed river to and across Red Chute to the
Mills, IN B0ssler parish and to collect tolls
thereon, and for other purposes
sEcTIo@ !. Be iS enacted by the Senate
and House OF Representatives of the Stats
OF Louisiana in General Assembly coBs
V@ned, That Frank NJ. Smith, A. II. Leone
ard. e. e. O.key, Charles w. Heating GO!
Peters, George w. billiard, 81. H. CroWeIla
N. a. Walsh, D. D. Smith, S. NJ Thomas
and their successors and assigns, and such
other persons as they may hereafter asso-
@laFe with themselves, be and are herebP
constituted body corporate and polite, to
act III their corporate capacity as one pere
son, and are hereby authorized, in their cOge
gorate capacity, to do and perform all acts
Az individual can do, to purchase, l6aseS
eel or exchange real or personal pr0pertVs
sights or credits, as an individual can do
and 10 sue and be sued, and 70 do all thinge
az incorporation can do; that service on
citation or other legal process shall ls9
made on the president of the company. Or6
in the absence of the president, on the seco
getary thereof; that the domicile of thib
company is fixed in the city of Shreveport.
IN the parish OF Caddo, in the State 03
louisiana. This company shall have a seal
and may change or alter the same at pIesso
Ur@
SEC. 2. Be ie further enacted. etc, Tlag
She name and style of this corporation
sAalS be s'Ihe Shreveport Bridge Come
pang, and the capital stock of this CONS
pany shall be five hundred thousand dol.
lars. 70 be divided into shares of one huns
"ifed dollars each, making five thousan6
shares. st shall be competent for tho
stockholders of this company to fix the
amount OF the capital stock from time to-
tune, as IN their Judgment they may deem
Sest, aOt to exceed one million dollars
Sec. 3, Be IL further enacted, etc. Thai
this company shall have the exclusive
right to build, equip and maintain a bridge
across the Red river, to terminate on the
east bank OF Red river opposite the citv Of
shreveport tor the purpose of passing
Vehlcles OF all Kinds, animals, produce Of
al! klFd5; merchandise and foot passengers.
and for all purposes a bridge may be used
Tor; and no other bridge shall be built
across said river within a distance of five
miles in either direction for the period of
thirty years, reserving the right to anv
railroad company to build bridges within
said limits solely for railroad purposes, bnt
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
az may be liked by the board of directors
OF sad company, and shall have the right
". P"A4So ShGA DLIu9e, 30 bhaJ no one or
thlng shall be allowed to pass over the
same except in accordance to the regula-
tions 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 incor-
porat0rs named in the first section If +bia
act; in the event of the death of anv sTcb
meorporators the balance shall c6mnoaa
the board OF directors until the end of tbe
term; and IN tho event of any of such in
cofpofa5ors transferring their entire inter
est IN tins company during their term of
service they shall cease to act as directors
curing Ghe fesldues OF the term and their
place shall be filled by the selection Of
some other stockholders by the Other di-
reetors. This board Of directors shall hold
once Tor two years from the first TondaTT
OF July, 1872. Thereafter the board nj ~
rectors OF this company shall consist of
I'VE stockholders who hold at least twenty
fSad5 OF stQck, TO be elected by the stock
at'9 aI On Tue nFst Monday of July, 1874,
anu every Two years thereafter; that no
stockho!der shall vote at any such election
unless the stock on which he claims tn VOTE
mas 9een owned by him at least +bnaa
months before the election, as shown nv the
stoek DOCK OF the company; that each
Sioehiloi s s4ali have one vote for each
snare OF stock he may own. that on
stockholder may vote nv nro~v fa
directors, and that a majority of votee ooo+
snaI. elect; that it shall be the dntv of A.
directors to advertise the election for dir Sno
tors II at least one newspaper in the nar;s5
Of the doomieile of said company. for f6irtv
days before the election, and to an rnoiT{
t "a stockholders commissioners to hold hold
inc election; failure to hold the election o1p
as as hereln liked, shall not operate disseIu,
tlo1 OF thus corporation, but the old hoera
Oh directors shall hold over until tba 80
regular election. majority Of the seG b nenS