New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-08-29
CORPORATIONS.


|
+ MAKTER.....:....". .:........ .CHARTRl
STATE OF %ou1sIANA-P4ersH AND Glry O
j :" NRw ORLEANS 49,.
July, n The year Of onr LORD one thousand s,sS
HUNDRED and ssventy ,aye, aid 81 the indepepdsi,c
Of the unifsS State ot America the one hnndredt!
ouisiana, duly commissioned and qualified md Il
| the presence OF the Witnesses hereinafter parnel
and undersigned personally came and appeaxej
| the several persOns whose names are heferntS
the provisions Of tho Laws ii this tate psist;v,
| to the organization of corporations for woi ks o.
public Improvement and tilt and also in pu1su
ance Of the Get tain act of tho General Assembly
the State Of Louisiana Of the thlrtsenthsof April
1875, they have covenanted and agreed. and Do By
selves, we'll such perso,is O. may hereafter
become associated with them, to form and consti
oSie corporation and body polite in law for the
aud article. following, and the oejects and pur-
poses tor which, said corporation has been estab-
conducted are declared to Be she erection and
main tanning Of telegraph and di.pssch lines in and
throughout the State Of Louisiana With ali mecca
sary stations offices apparatus and co uipment r. and
| the use thereof in the rapid transmission tor re-.
munelnt0n and profit, Of information, messaees
magnetic telegraph to and from various places in
in the state OF Louisiana. And that the following
Johnson Armstrong }. c. Shipley w. al 1olspson ;
T. n Lewis J K BonrGan @. b. h,te. j. K Overtons
present and future associates, successors aud AZ.
| signs have been constituted and are hereby de-
| csred to bs body corporate and polite in fact
and IN name, BIS the style and tie OF the s'LOJlSI.
ANA TELEGRAPH COMPANY . by that name
shey and their snecessors TO be persons in Law
cap BILE Of suing and being eued pleading and being
impleaded, answering and beng answered and
defending and being defended in all courts and
places whats0ever, aud they and their Successors
by the same name aud STYLE to be in law capable of
real sna perscnsi the use Of said corporation:
provided that the Sands tenements and hefedita-
ments which said corporation may Hold shsli.b Be
only such as shall be requisite for its immediate
action Of its business and the properly carving on
and conducting Of it's works or such as shall have
trscted in the Of its dealings Or purchased
Ut sales upon judgments which shall have been
obtained for such debts.
SECTION H.
That the capital stock Of said corporation shall
thousand shares Of fiitv, dollars each, with the
privilege Of Increasing the amount OF the capital
stock to n amount not exceeding two hundred
fourths Of all She Stockholders In both number and
amount Of sbock
SECTION III.
That the Board Of Directors shall serve until the
nrst Monday Of January pext following, when their
s IS sss be dhho;sn aa
ana; provided. further. that the. incorporators
shall have power to f1 the per centum to be paid
which further instsllments may be- called in, until
the election of the fret Board Of Directors when
the power shall rest with them and their successors
SECTION Nv.
That the domicil Of the corporation shall be tho
city Of New Orleans, its officers beard of twelve
ratore, Who shall serve until the first Monday in
January, 1876, who shall elect from among their
nu%Ssf a., PRESIDENT upon whom process s6a 3
of January 81 each year BY ballot s.oh share rep
vote, provided such share shall have been owned
TOR ninety Days previous by this person voting BY
he paid salary to be liked BY Inc Board Of Direc
tore; provided; however, that such salary shall
not begin until afte5 the line to Shreveport shall
nave been put IN full operation. S.,
SECTION v.
That the Board Of Directors shall have power to
fill vacancies occssoned by removal from the
State, death, resignation otherwise for the re-
mainasr OF the year in which said vacancies shall
SECTION VI
That m ior ty of the directors shall constitute
q board for Gne I'll transaction OF business with power
to makrtand prescribe such by -aA ., rues and
egulatiOns shall appear ueedful and proner and
to appoint sue officers. sud clerks and assistants
as may be necessary for the carryiI on OF the
business and aff.irs Of the corporation, allowing
S-- ~-SA S~AAAJ 40 Way AA0y 0oo PhoPoi.
SECTION VII
That the directors may declare snch YEARLY
of the profits of the corpOr alton as thew
may deem advisable. and ut EACH annual meeting
i3r ths election OF directors shall lay before the
and concerns OF the company.
SECTION VIII.
That the Louisiana T. legraph COMPANY. their
succt ssOrs and assigns invested with privilege
and and franchise until the thhteenth day Of April,
ing and operating line or lines OF magnetic tele-
graph for the purpose Of transmitting intelligence
for themselves and other pesss ms along the line
Shreveport, passing through and connecting with
such way stations as may be deemed expedient, to
New Orleans twenty nss To T n.i. Wien
miles to College Point. thence eishtesp miles 70
DOnsdsonville, thence nineteen miles to BAYOU
Gonla thence twelve miles to PIaquemine, theDcs
t wenty: four Ipiles to Baton Rouge thence SIXTY
Cheneyville thence twenty-five miles to MARKS
ytlls. thence thirty one Miles to Alexandria.
Thirty miles to Coushatta, thence seventy %Iiss
official e. Inmates and surveys; and froG Aisxan.
Delta, thence to Miliken's Bend, thence to Lake
boundary; also from Alexandria to Monroe alss
from Opelousas to Lake Charles and Sabine river
and all intermediate localities.
SECTION Ix =
That the Louisiana Telegraph Compshy having
,y authority Of the state Of Louisiana the right
" way through and by the ABOVE mentioned
eutes. NAV erect posts. lines and wires with
stations along the routes 80 may be deemed ad-
ambiguous, upon which to string wires tho
Usual way Of constructing such lines for tels-
'raphic purposes, over all lands, highways
lavigabe waters owned by the State, and for tho
purposes OF the act to carry ntoS effect the priv
eye or right Of way therein granted, may enter
,pSn private lands and expropriate the uss u
70 erected as aforesaid wherever it may BE-
eemed expedient along the route or line 40 set
orth In section eight.
That the tariffs and rates of charges shall he
inform and not to exceed the regular rates
harged by other similar corporations of tho
SECTION XII. o
On the first Monday of the month of January
the year 1875 and annually thereafter Al cleo
ion for directors shall take place ut the ONCE or
en- days pfor notice shall be- fret given m one
I the daily newspapers published in the city Of
lew Orleans, and no person shah be . director
hares Of the capital stock. Any vacancy occur
ing in said board shall BE- filed by election BY the
10 the seEsn
ecessary for quorum for the transaction Of
u5lne6e
SECTION Kill
This corporation when dissolved. either by tore
Of charter or from any other cause
-hatever, shall be iuidated By three c0mwis-i
oners, to be appointed by the Board n .oIrec-
t Of ss u Affairs sss .ad
0rpOratlon.
This act of Incorporation may be changed.
lodibed altered, or this corporation dissOlvSd
dth the assent OF three fourths Of the capital
took thereof at general meeting OF the stock
oders of said corporation convened FOR such