New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-08-13

| magnetic telegraph to and from various plsces i,
in the state of Louisiana. And that the following
) named persons, to wit: John Janney j. ]. MeIoI
| Johnson Armstrong, j. c. Shipley, W NJ Robinson
c. ). Lewis, J. b. / i'll and W. K Whitak and ,bs
| present and future associates, successors and as
signs, have been constituted and are hereby de-
CARED TO bo body corpora e and polif c in fsc
and in name, by the style and tie of the L0IiiSl
ANA TELEGRAPH COMPANY a-d BY hat name
capable Of suing and being sued pleading and beirs
I lmpieaded, answering and beng answered and
defending and being defended in all cou1ts sId
places Whatsoever, and they and their successors
Dy me same name and 81 ye, 20 be in law capable al
holding, purchasing and conveying any estate.
! provided, that the lands tenements and heredta,
ments which said corporation may hold shan be
only such az shall be requisite for its immediate
accommodation IN relation t. the convenient ,ranS
action OF its business and the properly CARVING m
and conducting of its works or such as shai, have
tracted in the course of its dealings or purchassd
at saes upon judgments which shat! nav. BEEN
obtained Tor such debts.
SECTION II.
Tha. The capital stock Of said corporal io., shai,
he one hundred Thousand dollars, divided into two
1 thousand shares Of fitv dollars each, with tho
| privilege of increasing the amount OF the capital
stock to an amount not exceeding two hundred
fouths Of all the stockholders in both Der ssS
! anouns Of stock.
SECTION III.
That The Board Of Directors shall serve until tho
| first Monday Of January ne 1t following when Their
| successors shall be chosen; provided that no ore
shall be director who is not resident Of Louisi.
ana; provided. further, that the incOrporstora
shall have power to * the per centum to be paid
| upon subscribing to the stock, and the time st
! which further insta ailments may be called in until
the election of the first Board Of Directors when
the power shall rest with them and their successors
I SECTIaH ".
| That The domici of the corporation shall be the
city OF New Orleans. its officers board OF twelve
directors. composed of the above named ineorpo-
January 1876, who shall elect from among their
I number President. upon whom process shall be
served, and also Secretary and Treasurer all Of.
Of January OF each year. by ballot each share rep.
resented by holder or proxy being entitled TO one
it; the President and Secretary and Treas urer 70
tors provided. however. that such saIsrv sbsO
not begin until aftec the line to Shrevspoy: shall
have beer pu: IN full operation
sECrIoNv.
That the Board OF Directors shall have power to
I'LL vacancies occasiOned BY removal from the
state, death, resignation or otherwise for the
maindes Q! the year in which said vacanciss shall
occur.
sECTIOS VI.
Tha: II liofty of the directors ehsi: constitute
board for the transaction OF business with power
regulations shall appear needful and proper and
TO appoint such officers. and clerks and assistants
aS may Se TOR the carving on Of the
them such salary as they may see prope!.
SECTION VII.
That the directors may declare each yearly
may deem advisable, and at each annual meeting
for the election of directors shall lay before the
stockholders q printed statement Il Size affairs
and concerns Of the company.
SECTION VIII.
Tia. the Louisiana Telegraph Company, their
succtssOrs and assigne are invested vii privilege
and franchise until the thrt senth day Of April,
1901, the period eff twenty five years, Of construct
graph for the purpose of transmitting Intelligence
for themselves and other persona along tho line or
route between the cities, Of New Orleans ard
Shreveport, passing through and connecting with
such way stations as may be deemed sIpediert, to
and from said cities and way stations VIZ: From
thence sixteen miles to Edgard, thence eighteen
miles to College Point thence eighteen miles to
Donaldsonville, thence nineteen niles to Bavon
Goula. thence twelve miles to Plaquemine, thence
twenty. four miles to Baton Rouge, thence sixty.
Two miles to Opelou.as thence forty i've mi!es to
ville thence thirty.one miles to Alexandria,
thence fifty four miles to NatchitOches thence
to Shreveport. more. or less. according - The
official estimates and surveys and from Alexan.
dria to vidalia, thence to Waterproof, thence to
Delta, thence to Miliken's Bend, thence To Lake
Providence, and thence ts Ashton on he Arkansas
boundary; also from Alexandria to Monroe also
from Opelousas to Lake Charles and Sabine river
and all intermediate localities.
SECTION TX.
Tha: the Louisiana Telegraph Company .aetne
by authority Of the State Of Louisiana the right
OF way through and by the above mentioned
stations along ths routes as 'I NAV be Seemed Id
vantageOus, upon which to string wires II the
usual way Of constructing such lines ioE teIe.
Oysa ~ oil Iondo SOL tn no
navigable waters owned by the State, and for the
purposes OF the act to carry into effect the priv
upon private lands and appropriate the use OF
sufi Gent lands for the foundation OF the posts to
deemed expedient along the route az l..e ~ act
forth in section eight
SECTION X.
uniform and not to exceed the reguia. rates
charged by other similat corporations Gt the
State of louisiana
SECTION xf.
On the first Monday Of the mout., o. January
OF the year 1876 and annually thereafter. a. elec.
ton for directors shall take place the Office or
lOmici Of said corporation, of which election
ten days prior notice shall he frat given in ons
New Orleans, and no person shall be director
Except that he be the actual owner Of a: leass ten
shares of the capital stock. Any vacancy occur
ring in said board shall! be filed by election by the
directors OF the sevea directors
TO constitute a board five sbal be
1ecessary tor quorum for the :saEsac!i 90 Of
,usinesk
SECTION XII.
This corporation when dissolved, ei,ie. b, te,.
nlnation OF charter or from any otber cause
whatever shall be hquidated by three commits
honers, to be appointed by the Board OF Dlrec-
ors, who shall remain in Off 90 until the mail
settlement and liquidation of the affairs o: said
corporation.
SECTION XIII.
This act of iEcOrnOrafiOn NAV ne CHANGED.
nOdlhed or altered this corpora ION dissolved
WIN the assent of three.fOurths OF the capital l
s9ck thereof at general meeting OF She stock
i0lders of said corporation. convened for such
purpose, after ten days notice of such meeting
man have been given in two newspapers pup
ished in the city Of New Orleans.
SECTION XIV.
or the contracts and faults of the company in any
urther sum than the unpaid balances due to the
company Oh shares owned by him. nor shall any
MO malities il the organization have the effect
II annuliing this charter or OF exposing stock
ioder to anv liability beyond the amount Of his
took subscription unpaid: No transfer Of stock
hail have effect until after notification 20 tie II
company and entry on its books.
SECTION XVI
IL the Of the failure on the par OF any sub
criber TO pay the instaliments on his stcci ss re-
luired, the Board of Directors shall have the
ption. after thirty days, written notice to the de-
irqnent, of FORGETTING his stock or the amounts
previously paid thereon: and no stoch holder shall
AYE the right to vote while in default.
Thus done and passed in nv Office at New Or Il
cans aforesaid, in the presence Of Harris Murphy II
nd James J. Woulfe, Witnesses both of this city, II
VINO bereunto sign their names with the parties
aid. ~ ~
Original signed: ". N. Robinson, J. J. Mellon. J.
:. Overton. e. D. Hite, johnson Armstrong. c. J.
49,, ,.,, ~ ". j. CAsTELL:.
aul 10 ~ ~ Notary Pubic