The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1873-07-26
Laws Of the State Of Louisiana.
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No. SO. AN ACT

thS -hOhlOIs
and Arkansas Railrood Compa-
ny, defining the powers and du-
ties of said company, and au-
thorizing the company to issue
its bonds, and to mortgage the
property of the company to Sc
cure the payment thereof, and
authorizing the sale or consoli-
dation of said railroad.
Section 1. Be it enacted by the
Senate and House of Representa-
tives of the STATE of Louisiana in
General Assembly convened, That
Frank Morey, Julius Ennemoser,
L. s johnson, Frank p. Stubbs,
o. H. Brewster, of the parish of
Ouachita, and Samuel w. Riley,
William 7. Hall, d. G. Morgan
and Z. NJ. Grant, of the parish of
Morehouse, and any other person
or persons whom they may associ-
ate with themselves, AID the as
signs of all the above persons or
their associates, be aud are hereby
created h body polite and corpo-
rate In fact and in law, having full
corporate power to act in their
corporate name in all things, to
carry out the objects and purpo-
ses of this act of incorporation; to
sue and be sued, to plead and be
impleaded in all courts of this
State, to purchase, lease, sell or
otherwise dispose of any property,
real or personal, or rights and
credits, and generally to do what
ever a natural person may do in
their corporate name. The presi
dent of this company is hereby
designated as the person Oh whom
all legal notices or sevices are to
be made, which may be made on
him personally, or be left at the
Office of the company TO his ad-
dress; that this company shall
have seal of Office which they
change or alter at their pleasure,
and copy of any of the proceed
ings of this company certified to
be correct under the signature of
the secretary thereof and the seal
of this company shall be prima
lacie evidence in all courts of this
State that it is a true copy Of the
original.
Sec. 2. Be it further enacted, &c,
That the name and title of this
company shall be the Monroe,
Bastrop and Arkansas Railroad
Company, and the domicile there
of is fixed in the town of Monroe,
parish of Ouachita, in the State of
Louisiana,
Sec. 3. Be itiurther enacted, &c,
That the main object of this COM
pany shall be to lay ont, locate,
construct, equip, and thereafter
TO own, maintain, operate and
enjoy a continuous single or double
track railway from the town of
Monroe, by the way of Bastrop,
in the parish of Morehouse, to
such poiut in the State of Arkan-
sas as may be hereafter determin-
ed by the board of directors of
this company, looking to aconnec-
ton with the railroads of the
State of Arkansas. Thiscompany
shall have the right of way of one
hundred feet on each side, from
the centre of said road over any
lands owned by The State at the
time of the final location OF any
part or section of said road, and
shall have the right to take earth.
timber, or materials of any kind
off of or from any State LANDS in
the use of said railroad owned by
the State at the time such may be
taken. This right to take earth,
timber or other material shall
cease as soon as the State may
sell or part with such lands; that
in tire event of this company fail
ing to agree with the owners of
any land on the line of such rail
road, needed for right of way or
necessary. depots, wood sheds, wa
ter stations or other uses, it shall
have the right to canse the same
to be appropriated for that pur-
pose, by complying with the
forms of law expropriating prop
erty for public uses.
Sec. 4. Belt further enacted, &C.,
That the capital stock Of this
company is hereby fixed at the
sum of five hundred thousand
dollars, to be divided into five
thousand shares sof one hundred
dollars each, reserving to the
stockholders of this company, by
a vote OF two-thirds of the stock
already issued. the right either to