The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1881-04-02
Act Of Incorporation.
United States of America-State of Louisi
ana-Parlsh of Ascension.

United States of America-State of Louis-
ana-Parlsh Of Ascension.
DE IT KNOWN. that on this ninth day
ID of the month of March, in the year
eighteen hundred and eighty-One, before
nue., Edward n. Pugh, a Notary Public, duly
commissioned and qualified and acting in
and for the parish Of Ascension, in this State
and in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the persons whose
names are herennto subscribed, who de-
clared that awaiting themselves of the pro-
visions OF the laws of this State relative to
the organization of corporations for works
Of public improvement and utility they have
covenanted and agreed and by these presents
do covenant and agree and bind themselves,
as we'll as such persons as may hereafter be-
come associated with them, to form and con-
stitute n corporation and body polite in
law for the purposes and objects and under
the stipulatioEs and articles following, to-
wit:
ARTICLE
The name and title of said corporation
shall he THE Donaldsonville Bridge Com
pany" and it's do1mici!c shall be in the par
ish of Ascension, State of Louisiana; said
corporation shall exist and have and enjoy
succession under its aforesaid corporate
name FIN the term and period of twenty-five
from and after the day and date hereof, and
shall have power aud authority to contract
and to sue and to be sued under its afore
said corporate name, to make and use cor
porate seal, and the same to break or alter
ut pleasure, to hold, receive, purchase and
convey us well as mortgage and hypothecate
under its corporate name property, both real
and personal, and to name and appoint such
managers and directors and officers and to
make and establish such bylaws. rules and
regulations for the proper management and
regulation of the affairs of said corporation
us may be necessary and proper, and the
same to change, alter and amend ut pleasure
ARTICLE II.
Tho main object Of this company is to
build bridge across the Bayou Latourchc,
in the parish Of Ascension, at such point
may he selected by the directors Of this
company at the town of Donaldsonville on
said Bayou, the said bridge to be built on
the plan and with such materials us may be
selected by the directors OF this company.
they the said directors to regulate and fix
the tolls to be charged by this company.
ARTICLE III.
The capital stock of said corporation is
hereby fixed at the sum OF Fifteen Thou
sand Dollars cash. the said stock to be paid
as follows: One dollar cash on each share at
the time OF subscription and tho balance
when called upon by the board Of directors
OF said company.
ARTICLE ".
The business and affairs Of said corpora
ton shall he under the superintenlence and
management of q board Of directors com
posed Of eight Stockholders. each Of whom
shall own in his own name fise shares OF the
capital stock Of said company. Said board
Of directors shall be elected for the term of
one year on the first Monday in March of
each year after tho date hereof and Il mnjori-
~ of the votes cast shall elect. Each share
Of stock shall be entitled to one vote, either
III person or Ivy proxy, and ten days prior
notice of such election shall be given in Il
newspaper published i'll the parish of Ascen-
sion. The board Of directors a: their first
meeting shall elect u president, secretary
and a treasurer, and all citations or other
legal process shall be served. upon the presi
dent, or during his absence, the secretary.
Said board shall have full power and au
thority to appoint such officers, clerks
agents rs they may deem necessary for the
business Of said company, to make and es
tablish well alter and amend any and
all bylaws, rules and regulations as they
may deem necessary for the protection, sup
port and management of the affairs. inter
ests and business of said company. Five
OF said directors shall constitute Il quorum
for the transaction of all business and any
vacancy that may occur in said board from
death or resignation shall he filled by cleo
ton by tho re'Dainins members.
Whenever this corporation is dissolved,
either by limitation other cause, it's affairs
shall be ,iquidatcd under the superintend-
ence of two stockholders, appointed tor the
purpose by the board of directors, who shall
remain in office until the affairs OF said
81, hav fall loi
liquidated.
ARTICLE W.
No stakeholder shall ever be held liable
or responsible for the contracts or faults of
said corporation in any further sum than
the unpaid balance due the company on the
shares owned by him, nor shall any infOr-
mality in organization have the effect OF
rendering the charter null or of exposing
any stakeholder to any liability beyond the
amount due ON his stock.
ARTICLE VII.
This act of Incorporation may be changed,
modified or altered, or said company may
he dissolved with the assent of three-fourths
in amount Of the capital stock thereof at
any general meeting convened for that pur-
pose, after fifteen days notice in u public
newspaper published in the parish of Asccn-
sion.
ARTICLE VIII.
John T. Nolan, Robert N. Sims. DR.. w. NJ
McGalliard, DR.. A. G. Love, Meyer Lemann,
Henry Droege, L. E. Bentley, Jos. j. Leche,
have been chosen rs the first board of direc
/ tors of said company and shall serve as such
| until the first of March, Eighteen Hundred
and Eighty-twc. or until their successors
| shall have been elected.
| Thus done aud passed. at my Office in the
! parish of Ascension, on the day. month and
year first above mentioned. in the presence
of Messrs. w. w. Buford and j. j. La
tarsue, good and competent witnesses,
who, with said appearers aud me. Notary
have signed these presents after due read
ing thereof.
ISigned,] - W.M McGALLIARD,
j. I. NOLAN, Jr,
| II. DROEGE,
| A. c. LOVE.
l.. f. BENTLEY.
MYER LEMANN,
| b. LEMANN,
| J. j. LECHE.
FREDERICK DUFFEL,
X. N. SIMS.
w. w. BUFORD,
| J. j. LAFARGUE.
EDWARD N. PUGH, Notary Public,
| f,f