New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-06-20
, Avs Of THE STATE Of LOUISIANA.
Published BY AUTHORITY.
REGULAR SESSION OF 1875.
AN ACT

AN ACT
80, INCORPORATE the Louisiana Telegraph
Company. to grant right Of way thereto
and confer certain privileges and fran
chises.
SncrIo. !. Be it enacted by the Senate
and House Of Representatives of the State
at f.oui-ians in General Assembly con.
vened. Thar the following persons. Arthur
oliver K. 7. Hubbard, P. Michel, w. NJ
Robinson. Jack Wharton. Thomas K.
iaynes and their present and future az
sociates, successors and assigns be and they
are hereby constituted and declared to be
rom and after the passage of this act q
;pody corporate and polite in fact aud in
nane by the style and title of the Louis
lana Telegraph Company. aud by that
. name they and their successors shall be
,erson. in law capable of sueing and being
sued. pleading and being imDleaded, an.
swerins and being answered, and defen.
ding and being defended in all courts
ana places whatsoever. and that they
and their successors may have q com
mon seal. and may change and alter
the same a. pleasure. and also that they
and their successors By the same
name and style shall be- in law capable of
holding, purchasing and conveying any
estate, zeal and personal. for the use OF
said corporations; provided, that the lands,
tenements and heredtaments which it
shall he awful for said corporation to hold
shall be only such az shall De requisite for
rs immediate accommodation in relation to
the con Venieut transaction of its business
and the properly carrying on aad conduct
ing of it's works or such as shall have been
mOrfgaged TO it in satisfaction Of debts
contracted IN the course of its dealings or
purchased at sales upon judgments which
shall have been obtained tor such debta.
SEC. >. he it further enacted etc, That
she capita. stock OF SAID corporation shall
he one hundred thousand dollars, divided
into tHg thousand shares OF of fifty dollars
each.
SEC. =, Be it further enacted, etc, That
as 5000 AS possible after the passage of this
net books of 81 description shall be opened in
New Orleans, and as soon as FIVE huodred
shares o: stock shall have been taken. a
meeting of the subscribers shall be called
at which meeting board of directors shall
he chosen to serve until the first Monday of
January next following, when their success.
sors shall be chosen; provided, that no enc
shall! be a director who is not resident
of Louisiana; provided, further. that the in.
corporators shall have power to fix the per
ceDtum to be paid upon subscribing to the
stock. and the time at which further install
Iuents may re called in, until the election of
:he first board Of directors, when the power
shall rest with them and their successors in
office.
SIC. I: Be- it further enacted, etc. That
che Gonjcile of the corporation shall be the
city of New Orleans. it's officers board of
twelve directors, who shall elect from among
their number a president. upon whom process
snai. 90 served. and also a secretary and
treasurer: all officers to be elected annually,
On che first Monday Of January OF each
year by ballot, each share rep 'esented by
holder or proxy being entitled TO one vote;
the president and secretary and treasurer
20 be paid salary to be fixed BY the board
81 directors.
SEC. :. Be it further enacted. etc. That
she board of directOra shall have power to
Il! vacancies occasioned by the removal
from she State, death, resignation or other
wise far the remainder of the year il which
said vacancies shall occur.
sec. 6. Be it further enacted, etc That
a majority Of the board of directors shall
constitute a board for the transaction of
Susiuess. with power to make and prescribe
such bylaws. rules and regulations as shall
appear needful and proper, and to appoint
such officers and clerks and assistants as
may be necessary tor the carrying on OF the
business and affairs of the corporation. a..
lowing them such salary as they may sec
proper.
Sac.:. BE it further enacted, etc. That
she directors may declare such yearly divi
bends OF the profits Of the corporation as
they MAY deem advisable. and at each
annual meeting for the election of directors
shs:. lay before the stockholders a state.
snent of all the affairs aud concerns OF the
company.
SEC. : Be il further enacted. ETC., That
:he Louisiana Telegraph Company, their
successors and assigns, shall have and be
entitled to the privilege and franchise from
and after the passage OF this act, for the
period of twenty-t years. OF constructing
and operating a line ur lines of magnetic
telegraph, for the purpose OF transmitting
intelligence for themselves and other per.
SONS along the line or route between the
stiles of New Orleans and Shreveport.
passing through and connecting with such
wav stations as may be deemed expedient.
30 and from said cities and way stations,
!l:: from New Orleans, twenty-five miles
20 Eahnviie. thence sixteen miles to Ed.
gard. thence eighteen miles to College Point,
thence eighteen miles TO Donaldsonvllle,
thence nineteen miles to Bayou Goula,
thence twelve miles to Plaquemines, thence
twenty four miles to Baton Rouge, thence
sixty-twO miles to Opelousas, thence forty
i've miles to Cheneyville, thence twenty
:wo miles to Marksville, thence thirty lone
miles to Alexandria, thence fifty four miles
70 Natchitoches, thence thirty miles to
Coushatta, thence seventy miles to Shreve,
port, more or less, according 10 the omclal
estimates and surveys.
SEC. 9. BE it further enacted, ETC., lhat
for the purpose of carrying the foregoing
section into effect the Louisiana Telegraph
Company. their successors and assigns, are
hereby granted the right of way, and shall
be and hereby are authorized, at any time
after the passage of this act, to erect posts
N the ground two hundred feet apart, more
or less, az may be deemed advantageous,
upon which to string wires in the usual way
Of constructing such lines for telegraPhlng
PURPOSES over all lands, highways or navi-
liable waters owned by the State, and for
the purposes of this act, to carry into erect
che privilege of right OF way herein granted.
NAV enter upon private lands and exprO-
pirate the use Of sufficient lands tor the
foundation of the posts to be erected as
aforesaid wherever it may be deemed expe-
dent along the line or route as set forth III
section eight
SgC. 10. BE it further enacted, etc, That
the tariffs and rates OF charges sha be uni
srorm and not to exceed the regular rates
charged by other similar incorporations oi
the State of Louisiana.
SEC. II. Be it further enacted. etc., lhat
the Louisiana Telegraph Company. their
successors and assigns, their ofacers' en-
oloyes and assistants, may at any ana All
times after the passage of this act Tor the
aaid period of twenty-five years, ZOE inc
purposes of constructing, repairing and con,
Quoting said line, enter upon aud travei
over the said route, its devlatiops anu
branches. r..
SIC. Io. Be it further enacted, etc. That
!: any person or persons snail wllltuny ~
ar cause to be- done any act or acts wnat |
.oever whereby any building. construction,
costs. wires or works of said company, OF
aDy machine, engine or structure, or any
matter or thing appertainiug to SAID teie'
,raphic line or lines, right OF way, priv