The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1874-02-21

under penalty of forfeiture to said
company in case of default Of the
shares upon which such payment
shall be required, and all previous
payments thereon, or the said COM
pany may sue for and recover the
amount of such calls in it's discretion;
and the directors of said company
shall have power to receive in pay
ment for subscriptions to the capital
stock of said company any property
which said company is by the pro-
visions of this act authorized to own,
provided that the terms and cOndi-
tons upon which such property is to
be received shall first be approved
by majority in interest of the stock
holders of said company, provided,
however, that the corporators named
in the act shall have power at their
first meeting to receive any such
property IN payment for the stock of
said company, and to issue such stock
upon such terms and conditions as
they may deem expedient and for the
interest of said company.
Sec. 4. Be it further enacted,
etc, That the said company is EN-
powered and authorized
| First-To locate, construct and
build. and thereafter to own, MAIN
tain, manage and use, by running
thereon it's engines and ears, a rail
road with one or more tracks and
suitable turnouts of such guage and
construction, and upon such a course
OF route as may be deemed by a ma
ljority of the directors of said COM
:. pany most proper, expedient or neces-
sary, and most for the interest Of the
said company and best adapted for
the public accommodation from a
point on the line of railroad of the
New Orleans, Mobile and Texas Rail-
road Company at or near Vermilion-
vile, in the parish of Lafayette,
toward and to any point within the
corporate limits of the city OF Shreve-
port, in the parish of Caddo, which
may be acquired by said company for
uses and purposes of its business.
Second-For the purpose OF con-
Meeting its said main line railway
hereinbefere designated, with other
railroads within the state, or for the
: purpose of giving to any parish ad'
jacent to said lines of, road Increased
facilities for the transportation of pro-
ducts, the said company is empowered
/ and authorized to locate, construct
; and build, thereafter to own, main
tain, manage and use, by running
i thereon its engines and cars, such
. branch railroads and tracks, except
4 as hereinafter restricted, as majority
: of directors of said company may
e from time to time. deem to be proper
5 and expedient, and for the interest 0
said company to own and use.
Thir-TO construct, establish o.
+ purchase in this state, and thereaf
e ter to own, maintain and use suitable
u wharves, piers, warehouses, yards
r steamboats,, harbors, depots, stations
), and other works and appurtenance
s connected with, and incidental to
s said railroad and the business OF sait
r company, and by the directors Of sal,
u company deemed necessary and eX
pedient tor said company to own an,
{ manage. f} r4
$ Fourth-To take, transport, carry
c convey persons and property upon it
q said railway and its boats b.
e power of steam or any other power
/ and to receive for safe keeping, and t
d store merchandise and property il
: yards on warehouses, and to receiv
l. for such. transportation, safe keepin!
T, or storeage such tolls and charges a
y may from time to time be established
u or authorized to be established or au
r thorized to be established by the di
r, rectors of the said company, and TIL
u company may settle and define tn
e extent of its liability for transports
q ton Of passengers, baggage, merch
n. andise or property upon its railway
e steamboats, or vessels, or for stOrin
, merchandise or property in it's yard
I, or Warehouses, upon'its tickets bill
l. of lading, receipts or other evidence
7, of contract and agreement, and tn
l. acceptance of such :, tickets, bills {
4 lading, receipts or evidences of con
n tract or agreement from said con
ID pany expressing its liability, eitht
4 for loss, injury or damage to person
< or property shall be e.obligatory an
al binding as a contract with said pas
n senger, or shipper, or person delivernl
re merchandise or property; and it sha
OF be lawful for said company to pu
Il chase'or tomtke advances of none
SIS orcredlts upon merchandise and prol
IN erty to be transported upon its raj
< ways, steamboats, or vessels, or to
to stored in its yards or warehouses
lstch eXteAt, and upon such terms an
4, conditions as the directors of sal
id company may from time,to time. e
Ill tablish or cause to be. established. -
al Eitth-To obtain and receive b
* purchase grant from the Unite
p-l States orotherwise by grant, gift, d
I'd wise and beduest both real and Pc
IL sonal property, andyto have and
o. hold such real and personal estate
ne | this state, for the objects, purpose
I'D interest and business ofsaid compan
d provided, that in the taking al
" holding, of lands for the use OF ga
le company as lands ta ken for publ
id use, the said company shall take al
ne obtain the same as in this act pr
in vided. -..i I'll I@iiH iiIf. ..9t'
in Sixth--To lay out its said railwa
ly and to construct the same, not
* ceeding two hundred feet in widt
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