The Louisiana Democrat., 1881-07-27
CNARTER
GF THE
ALEXANDRIA, STREET RAILROAD COMFY:

STATE OF I.ou1sIANA.l
PARISH OF RArIDEs.l
DE 1T KNOWN THAT ON THIS
- the 4th day of June, Anno Domi.
nj. 1881, personally came and appeared
before me, james Andrews, Jr., Nota-
ry Public IN and for the Parish Of Ra-
pides, State of Lonisiana, duly COM
missioned and qualified, and in the
presence Of the hereinafter named and
undersigned witnesses, N. l.. McGin.
mis-, William Hustmyre, Simon Cullen,
Julius Levin, James ). Fish and W. F.
Blackman, all Of the Parish of Rapilcs,
State aforesaid, who severa|ly declar-
ed, that by virtue of tho sta'ntes of the
State in such cases made and provided,
they have agreed aud do by these pre-
sents agree, covenant and bind them
selves, and those that may hereafter
be associated with them, to form and
create a joint stock company OF corpo-
ration.
ARTICLE l. The name of said corpo-
ration shall be the "Alexandria Street
Railroad Company" and it's domicile
is hereby fixed at Alexandria, Rapides
Parish, State of Louisiana.
ART. 2. The object and design of
said corporation is the construction
and operation of street railroads in the
city Of Alexandria, within the limits of
said city and beyond the same, so as to
trans sport freight and passengers from
railroad depots and other places to and
from said city that are now, or that
NAV hereafter be constructed within a
limit of FIVE miles of the said city of
Alexandria. -.
ART. 3. The capital stock of said
corporation is fixed at the sum of Fiji
ty Thousand Dollars, to be divided in
to shares of one hundred dollars each,
the whole amount being FIVE hundred
shares
ART. 4. No stockholder shall be liza
BILE for any debt of said corporation be-
yond the amount of his subscription.
ART. 5. The powers Of this corpora
ton shall be and are vested in Pres
ident and Board of Directors, consist
ing of six stockholders, who shall be
elected annually on the 1st Monday OF
February of each year, by a majority
of the stockholders, and each stock
holder shall be entitled to as many
votes as he owns shares of stock paid
up.
ART. 6. The President shall be elec-
ted by q majority of the votes of the
Board of Directors, at meeting held
for that purpose, on the second Mon.
day of February of each year, al
(which time shall also be elected by
the Board of Directors, Secretary fol
said company, whose duties shall be
defined by the Board of Directors
ARr.7. The President shall preside
at all meetings of the stock holders
and Board of Directors. All contracts
.. and evidences of debt shall be signed
by him. In the event of his absence
or inability to act from sickness Of
otherwise, the Board Of Directors shall
select one of their number to act al
President pro tempore, who shall
while acting, exercise all the powers
rights and duties assigned to tht
President.
/ ART. 8. Said company shall have &
corporate seal, the device to be fixei
by the first Board Of Directors under
this charter. Can sue and be sued
can buy, sell or lease real estate, pei
sonal and movable property of all
kinds whatsoever, can grant and CAKE
mortgages, issue promissory notes.
whenever the same is auth'flzed ny
the Board Of Directors.
ART. 8. The first Boardof Directors
shall be N. l.. McGinnis, William Hust-
Imyre, Simon Cullen, Julius Levin,
JAS. S. Fish and w. y blackmap, and
they shall continyo IN of1ce until
their successors se duly elected and
qualified az provaed for by this char.
ter. The frat yoard of Directors shall
meet on the s-sond Saturday of June,
A. D. 1881, nd elect q President and
ART j. This corporation is formed
tn existlnd continue for the period of
twent five years from the date here
of r1less sooner dissolved by a vote of
tw,-thirds OF the stock holders at
reeting called for that purpose, after
thirty days advertisement in some
newspaper in the city Of Alexandria, or
by operation Of law.
ART. IL. In the event Of dissolu-
tion of said corporation, by a vote of
tho stockholders, the President and
Board of Directors shall constitute
Board Of liquidation to settle the af-
fairs and liquidate the concerns Of said
company.
ART. ~. The Board of Directors
shall have the power to elect or ap-
point any other officers or employees
that may be necessary to Garry on the
business affairs of said corporation, and
they shall also have the power to pass
such bylaws and regulations for the
government of its officers and employ.
ees as they may deem wise and proper
provided the same are not repugnant
to this charter or the laws of the State
Of Louisiana.
ART. l3. Books Of Registry shall he
kept, in which all stock shall be reg.
istered in the names of the person own.
ing the same, and all transfers of stock
shall be registered in said book. The
Board of Directors shall cause the Sec-
Rotary to keep a minute book of all it's
proceedings, which shall be open at all
times to the inspection of any stock
holder.
ART. IA. The stock holders may, at
any time, at stated meeting called
FOR that purpose, after thirty days no
tlce BY advertisement in one or more
newspapers published in abe city of
alexandria, amend and alter this char
ter, provided two thirds in amount Of