New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-21
O. ~ 81 g2rgs y = " es


Bo incorporate the Shreveport Bridge%7onb
pany, and TO authorize the company to-
issue it's bonds and to build road FROM
Red rlEar to and across Red Chute to the
hills, in Bossier parish, ana TO collect tolls
thereon, and for other purposes.
SECTION d.. Be it enacted by the Senate
and House of Representatives Of the State
OF 8onisiana in General Assembly CON
yened, That Frank NJ Smith A. H. Leon
ard, E. a.. O'Key, Charles w. Heating. S.
Peters, George w. billiard, NJ H. CroWeIla
II. q. Walsh, ID. ID. Smith, S. NJ. Thomas
and their successors and assigns, and such
other persons as they may hereafter assoc
&lfste with themselves, be and are hereby
constituted body corporate and polite, to
! ace III their corporate capacity as one per
son, and are hereby authorized, in their cot9
porate capacity, to do and perform all acts
an individual can do, to purchase, lease,
sell or exchange real or personal property.
rights ofg0Fedlta, as an individual can do
and to sue and be sued, and 70 do all things
an incorporation can do; that service of
STATION or other legal process shall be-
3nade GA the president Of she col9lpany, or,
IN the absence Of the president on the sec-
Rotary thereof; that the domiciIe of thia
company IL fixed IN the city Of Shreveport,
IN the parish OF CaddO, in the State of
Louisiana. This company shall have a seal.
and mayGhange or alter the same at pleas
ure.
SEc.2. Be it further enacted, ETC., Thai
the name and style of this CORPORATION
shall be "The Shreveport BRIDGE Com
pany," and the capital stock of this com
pany shall b five hundred thousand dol
lars, to be divided into shares Of one hun
dred dollars each making five th0usand
shares 1t shall be competent for the
Stockholders of this company to fix the
amount OF the capital stock from time to
az in 4hat i II.
pest, not TO exceed one million collars
SEC. ). BE it further enacted. etc, That
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 city of
shreveport, Tor the purpose of passing
vehicles OF all kinds, animals. produce Of
all kinds, merchandise and fooS6assengers
and for all purposes a bridge may lie used
1or; and no other bridge shall be built
across SAID river within distance of five
miles IN either direction for the period of
thirty years, reseTving the right to anv
raur0ad company to build bridges Within
said limits solely for railroad purposes. bu.
IN no way to be used for any of the nnrDoaer
above stipulated, except as beIon0ing +,
the actual business and operating of tn,
railroad; and that same company shall
have the right to charge such tolls tbereo1
as may be fixed by the board of director
OF SAID company, and shall have the RICH
TO ponce such bridge, so that no one q
thing shall be allowed to- pass over tn
Same except in accordance to the rprnIa
tons made by the directors.
SEC. 4. Be it further enacted, etc. Tba
the affairs OF the company shall he cor
Quoted by board of directors the RrE
BOARD OF directors to consist of the inooI
pofators named in the first section of th
acl; IN tho event of the death of any sue
ncofporators the balance shall commas
the board OF directors until the end of II
term; and in the event of apv of sr,cb :,
corporators transferring their entire into
ESQ IN This company during their term
service they shall cease to act ma diracto,
turing the resldues of the term, and the
pace shall be filled by the selection
some other stockholders by the other
S6ctofs: This board of directors shall hol
oinCe for two years from the first Morda
Of July, 1879. Thereafter the hoard 49, -
rectors OF this company shall consist
ave stockholders who hold at least twent
'hares OF stock, to be elected by the st0c
holders on the first Monday of July. i97
ma every two years thereafter. that
'bockhoIder shall vote at any such electio
inless the STOCK ON which he claims to vol
las been owned by him at least tbrf
months before the election as shown NV ~
tock book of the company; that eec
tockh0lder shall have ono vote far eoo
hare Of stock he may own; TINT o aD
,t:ockholder may vote by proxy r.
directors, and that majority of vofes oas
NAH elect; that it shall be the dutv of N
directors to advertise the election f0r u ~ ~
g stt a., III 81 least one newspaper in the paria
y tue domlelle Of said company, for thiyf
lays before the election, and TO anno;'
hfee stockholders commissioners tn hi
ne elechon; failure to hold the eIeot;n.
. heFeln liked, shall not operate a dissoI
Ioh OF tals corporation, but the old hnat
y directors shall hold over until The no.
egnia election. A majority of tbe hoa,
directors shall constitute Gnor,,rn f ~"
BUSINESS. ANY vacancy occnrDin+ IN
,oard o. Oh directors Except in the fl
''o ;%a snail be filled by the remain.
' III ai Tor that term; any director afp
us rs 99t,ectlon, d1sposing of his stock So a.
~, ~ t IeaS IMAM twenty shares. shall FRI
1 Ia 't Illt, cease to be director, and
iS S5 Silall be filled as above.
!, oEC' o. Be 1t further enacted etc III,
no nF6T board Of directors of sai3 an'
any shall organize on or befor ps' ~ " ~
'0n95ay Of July, 1872, and all snbse0nab
o@ dI, within ten days after their eIedt;a
) eltctlng one of their members nrazi3aIto
lo electlng a secretary. When if hooo,l.s, O.
etessary the board Of directors NAV oIoS
treasurer and engineer, or anv ofbar ~ ~
5.I, t1ey may designate All sEch oafonra
IAN oe removable by the board Of 49,
.rs, except the president The ~ Iaa uJeS9
. .leSr IS snail ma, have the right to fix the