New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-08-03
CORPORATIONS.
4 NEUTRALITY-SUSPICIOUS.. .CHARTRR
1GTfT sSET = -~Trv-st
.SrGE1 OF LoUisaANA-PARIsH -AND.ClTY q,
NEW ORLRANN

NkW ORL6ANN
Be it tno~s, H4 on, this thirty frat day d
/ July, in The year efoursLord one Thousand eight
sss q s the
before re- me, W s;:ttss, notary 9Rblo il and,
Louisiana duly COZ missoned and qualified and in
/ the presence Of the witvesses hereinafter named
as
subscribed, who declared that, awaiting themselves
the prov:en: Of the laws II this & ate relative
public improvement and ntilitr, and also in pnHsu.
ance Of the ceit pct Of the General Assembly Of
/ 1875 they have cOveDanted and agreed. and 90 by
these present covenant and agree and bind them
vta to for mas ana nss sens
tute corporation sul spdy Dolit % in law for the
the pu4
nsses tor which fh selsrstion las been estab
to be it and
maint aiming cftslserAph and di- pitch lineasin and
throughout the State Of Louisiana, with al neces-
the use thereof in the rapid transmission Tor re-
muneration and profit, of information messages
in the state Of Louisiana. And shat the following
10 VI. sn 9snnsS seS
GOD, z. n. Lrwie, J: 4. BoarEsn J. X. Overton, c.
present and future associates, successors and as.
signs have been comet tat-d and aae hereby de.
ciared 10 D. a body corporate and polite in fact
ANA TELEGRAPH COMPANY" . by that name
they and their successors 70 be persons in law
implicated. answering and beng answered, and
defending and being defended in al! cou,ts and
BY the same name aud style, DO in law capable Of
| h0ld1Ag, purchasing and conveying any estate,
provided, that tn. lands, tenement and heredita
meats which said corporation may hold shall be
only such as shall be requisite for its immediate
t. a nj oOia frQp
action Of its business and the properly carrying ON
been morte aged to ITS satissctior Of daht. con0
tracted in the course Of It's dealings or purchased
at sale. upon judg.ehts which shall have been
SECTION II.
That the capital stock of said corporation shall
be one hundred Thousand dollars, divided into two
Thousand shares Of fttv dollars each, with tho
privilege Of increasing the amount of The capt 1.
stock to an amount not exceeding two hundred
thousand dollars BY vpte Of not less than three.
fourths Of 81 the stockholders in both number and
SECTION ILL.,
That the Board of Directors shall serve until the
hrst Monday Of January 1t following, when their
successors shall be chosen; provided. that 10
ana provided, further. that. the iocorporssors
shall have power to fix the per ceDtum to be paid
upon subscribing sS the stoek and the time ct
the election of IT, first Board of Directors when
the power shall rest with them and their successors
in Office.
aECrU4 w.
That the dumicilof the corporation shall be the
city Of New Orleans, its officers board Of twelve
rfatorr, who shall serve until the first Msnday in
January, 1876, who SHAH elect from among their
number President; upon whom process shall be
served and also q Secretary and Treasurer; all Of
Of January Of each year, BY ballot each share rep
vote, provided such share SHALL have been owned
tor ninety days previous by the person voting By
be paid salary to be i&sd by The Board Of Direc-
TSss p50yd ns I've that such ssary shs
have been pus In full operation.
That the Board Of Directors shall have power to
NIL vacancies Occ4siOned by removal from the
mainder Of the year in whish said vacenciss shall
occur.
SECffOu W.
That z m .jority q the directors shall constitute
to MAX ana prescribe such BY laws, rules aud
regulations as shall appear needfn and proper and
as may be necessary for the carving on Of The
Dusln ess and affairs Of the corporation, allowing
Them such salary as they may zee proper.
SECTION VII.
That the directors may declare such YEARLY
may deem advlsabl. sand at each annual mserins
Tor the election of directors shall lay before The
. Pented statement Of the affairs
aAo concerns OF Inc company.
SECTION VIII.
That the Louisiana Telegraph Company. their
successors and sssigne, are Invested with privilege
and franchise, until the thu 9enth day Of April
l9ol, the peroa Of twenty five years, Of construct
sraph FOR the purpose of transmitting Intelligence
lor themselves and other persons along the line or
sss ana
.uS S e way stations as may be deemed expedent to
mil Tn uohn
shence sxteen miles to Edgard thence eighteen
n,les = College Point, thence eighteen miles to
thence nineteen M les to BAYOU
i0ula thence Twelve miles to Plaquemine thence
.wenty four miles to Baton Rouge, thence sixty.
thence TWENTY-FIVE, miles to Marks
1 hae thence thirty one miles to Alexandra
hirty miles to COushatts, thence seventy males
g 9, Sshrevepolt more or less, according to tue
lriA to vidaia, thence to Waterproof, thence to
'ss sSss t. New n.Cs to
'rovldence, and thence - ishton On he Arkansas
boundary; also from Alex andria to Monroe aIss
md ali ioes sss,s' end Sabine river
SECTION TX.
That the Louisiana Telegraph Company hax&
t way Though and By the ABOVE n sM1
oate a may erect posts lines and wires with
"a ons along the routes AS may be deemtd ad
ntaa3eO,ls, upon which to string wires IN the
s.nl way Of constructing such lines for teie
aaphic purposes, over all lands, HIGHWAYS or
avisaDle waters owned by the State, and for the
uh poses OF the act to carry intotfect the priv.
Dkeor reht OF way thesoin granted nav enter
pun private lands and appropriate the use of
umclent lands for the foundation of the posts tn
. erected as aforesaid wherever it may be
eemed expedient along the route or line as set
1rth in section eight
SECTION X.
Inat the tariffs and rates of charges shall be
,aTged ny other similar corporations of the
SECTION XI
. On the first Monday s1stAe-mankh q Isuusrv
o' an so year 1870 and nnaually thereafter eec
On LOT directors shall take Piece at the Office or
sn Gays prior notice shall % fret given m one
Ine dally newspapers published in the CITY Of
CIV orleans, and no person shall be- a diractor
nOept that he be the actual owner.of at laast ~
hares OF the capital stock Anv yacancv "cc rv
ng IN said board shal b. filed by election Nv tho
emaning ad1rec tors. or the seven dirScctnrS
eceseary TO constitute q board fl We ahau Ia
ecossarv Tor quorum for the srsactiop 81
usiness. 0 '''-s"c'to' VI
SECTION XII.
IN corporation when dissolved either bv ter.
nc "a. .OA .! ch2rter or from any other causs
natever, shall be iquidated by three commis.
OneIs, U De appointed by the Board Of DIrec.
s,1!ement and liquidation of the afars Of said