The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1873-10-18

No one shall be eligible to the position
of director unless he is the owner of
twenty shares OF the stock "fthe bank,
ARTICLE VIII.
On the first day ofJanuary and July |
of each year there shall be made Il
statement of the condition of the bank, |
setting forth in detail its assests and
ibilities, aud said statement shall be !
verified hy the cath of the president |
and cashier. and shall be accessible &c !
any depositor or stock holder,
ARTICLE
Allpiedges not redeemed on or be- |
fore the expiration of the time for
which the ioan was made shall! be con- |
sidered forfeited to tiae bank, and after |
ten days notice, either personally "r
in one daily paper in the city If
Shreveport, shall he sold at public
auction, aud the proceeds, after pay
ing the principal, interest, and ex-
pense of sale, shall be placed to the
credit of the party pledging the same;
but should the same not be claimed
within six months from the date of such
credit, then it shall be applied and ad-
ded TO the capital of the company.
ARTICLE Y.
This corporation SHALL have the sole
aud exclusive right to construct and
erect waterworks to supply the city of
Shreveport with pure water; and gas
works, TO supply said city with lilo
minating gas; and may enter upon all
and any streets for the purpose of lay
ing their water and gas pipes, and
erecting necessary hydrants and gas
posts, and exclusively to control the
same during the continuance of it,
charter, and for the consumption of
water and gas, t" charge not exceeding
eight dollars per one Thousand feet for
gas, and two dollars for every thou
sand gallons of wafer furnished. This
corporation shall also have the sole
and exclusive rights of f,rriage during
the continuance Of this charter. at the
crossing of Red river at the city of
Shreveport. at point commencing at
or near the foot of Texas street and
extending up the river for the distance
of two miles, and down the river from
the intersection of Texas street, dis
lance of two miles, and the board of
directors may use steam or other pow
er in ferriage, and regulate the rates
and collect the tolls nn passengers.
wagons, vehickels, stock, etc. and
said rates are not to exceed those au-
thoriZrd TO be collected and in force
on the first day of January, 1873, by
the Common Council of the city of
Shreveport; also. Ia erect and maintain
such ferry houses, wharves and ware
houses "a may be necessary for the
business of receiving AMI forwarding
freights on either side of the river
within the above limits. The city OF
Shreveport, at the end of fifty year.
from the passage Of this act. shall have
the privilege OF purchasing the water
works and gasworks erected under the
provisions of this act, at a price to be-
fixed by five appraisers. two to be ap
pointed by the Company, two by tn,
City Council of the city of Shreveport
and one by the Governor IF the STATE.
There shall be paid by this company
on the first day of January, in tn,
year 1875. and annually thereafter, thu
sum of five hundred dollars into tn,
treasury IF the city of Shreveport. tn til,
credit end for the benefit of the public
schools Of said city, which shall a
once be transferred to the officers il
charge of said schools; the payment
of which shall exempt the company
from all licenses and taxes, both State
parish and municipal. All laws an,
parts of laws Inconsistent with tn
provisions of this act are hereby re
pealed.
ARTICLE XI.
At the expiration of this charter, i
the same is not renewed, there shall b
a committee cf three chosen by tn
stockholders, TO whom shall be entrust
ed liquidation of the affairs of thi
-corpoI alton.
(Signed) c. W. LOWELL.
Speaker of the House Representatives
(Signed) Z. T.. ANTOINE.
LIT. Gov. and President of the Senate
Approved September I'D, 1873.
lSigned w. p. KELLOGG,
Governor of the State of Louisiana.
A true copy:
p. G. DESLONDE,
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