The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1881-03-26
Act of incorporation.

ACL Ol luCOFpOTnClOn.
United States Of Amcrica-State Of Louisi-
ana-Par,sh Of Ascension.
DE II KNOWN: that on this ninth day
ID Of the month of March, i'll tho ycnr
eighteen hundred and ci%hty-onc' ;, before
me. Edward N. Pugl,, Il Notary Public, duly
commissioned and qualified and acting Ill
aud for the parish of Ascension, IN this State
aid in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the persons whose
names are herennto subscribed. who de
clure.l that availing themselves of the pro-
visions Of the laws of this State relative to
the organization Of corporations tor WORKS
Of public improvement and utility they have
coyenanted and agreed and by these presents
do covenant and agree and bind Themselves,
ia we'll as such persons as may hereafter be
come associated with them, to form and con-
stitute !. corporation ana Dony p1'.M ~
law for the purposes and objects ans! under
tho stipulutions and articles following, to-
wit:
ARTlCLEI.
The name and title of said corporation
shall he 1.-THE Donal.lsonville Bridge Com
pauy and it's doinicile shall be in the par.
isL of Ascension, State of Louisiana; said
corporation shall exist and have and enjoy
succession under its aforesaid corporate
name for the term and period OF twenty tlve
wears, commencing ON and to be compute
FROM and after the day ami date hereof anu
shall ll;.ve power and authority to contract
and to sue and to be sued under its ntorc-
said corporate name, to make and use cor
unrate seal, and the same to break or alter
ut pleasure, to hold, receive. purchase and
convey as well as mortgage and hypOthecatc
under its corporate name property, both real
and personal, and to name AMI appoint such
| ali rns.
make and establish such bylaws. rules AMI
| regulations for the proper management and
| regulation OF the affairs Of said corporation
| as may he necessary and proper. and the
same to change, alter and amend ut pleasure
| ARTICLE II.
! Tho main object of this company ID to
| build !. bridge across the Bayou Latourchc.
| in the parish Of Ascension, at snch point 's
| may be selected by the directors of this
| COMPANY ut the town Of Donaldsonvitle OH
said Bayou, the said bridge to be bnilt on
| the plan and with such materials AS MAY he
selected by the directors OF this company
| they tho said directors to regulate and nix
the tolls to be charged by this company.
ARTICLE III.
The capital stock Of said corporation ii
hereby fixed at the sum Ut Fifteen Thou
sand Dollars cash. the said stock to br paid
as follows: One dollar cash OH each share ut
the time of subscription and the balance
when called upon by the board vt directors
Of said company.
| ARTICLE ".
The business and affairs of said corl,ora
ton slI! he under the snlerintrntlencc and
cement Of u hoard ut directors com
posed Of eight Stockholders. each of whom
| shall own in his own Eanlc live shares OF thu
capital stock of said company. Said board
Of directors shall he elected for the term Of
one wear on the first Monday in March Oi
each year after the date hereof and ). ma uri
ty Of the yutra cast shall elect. Ea,l, shar.
Of stock shall lc entitled to one vote. either
in person or hy proxy. and ten days priol
notice OF such election shall h~ given i'll 4
newspaper published i'll the parish. Of Asccn
sion. The board of directors j: their frs
meetin. shall elect II president, IL secretar,
: and Il 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 ;'l
thority to appoint such officers, clerks o
agents IA they may deem necessary for the
business Of said company, ~ make and o.:
tablislh as well ~ alter and amend any and
all bylaws, rules and regulations AS the,
may deem necessary for the protection. sup
port and management of the affairs. inter
: ests and business of said company. Fiv
~
for the transaction of all business and AL.
: vacancy that may occur in said board frO,
death or resignation shall he filled by cleo
ton by the remaining members.
r ARTICLE V.
Whenever this corporation is dissolved
either hv limitation or other cause. its affair
! shall be ,iqui.latcd under the superintcnd
cnce of two stockholders. appointed for tn
: purpose by the board of directors, who sha
I remain in office ;lntil the affairs Of sai
company shall have been fully settled an
liqui.l:. ted.
a ARTICLE VI.
= No stakeholder shall ever hc held liabl
r or responsible for the contracts or faults q
/ said corporation i'll any further sum tina
i the unpaid balance due the company Oh til
II shares owned by him, nor shall any INFO
: mality in organization have the effect
J. rendering the charter null or Of cAposin
t any stockholler to any liability beyond I'll
t amount due on his stock
: ARTICLE VII.
0 This act Of incorporation may be changed
modified or altered. or said company ms
II be dissolved with tho assent OF threc-tnurtll
IS in amount of the capital stock thereof u
e any general meeting convened for that pu
j pose, after fifteen days notice i'll u publ
Il newspaper published in the parish Of Asccl
sion.
:" ARTICLE VIII.
John r. Nolan, Robert n. Sims. DR.. w. J
McGalliard, DR.. A. C. Love, Meyer Lcman
: Henry Droege. l.. f. Bentley. Jos. J. Lech
II have been chosen as the first board of dire
u tors OF said company and shall serve as AUG
until the first Of March. Eighteen Hundrt
aud Eiglty-two, or until their succssso
shall have been elected.
Thus done aud pasesd at my office i'll Il
. parish Of Ascension, on the day. month ~
u wear first above mentioned. in the prcsen
Of Messrs. w. w. Buford and j. j. l.
targue, good and competent witnesse
who. with said appearers and me. Notar
~ have signed these presents after due rea
a. ing thereof.
II Siyned,l W.M. MCGALLIARD,
j. +. NOLAN. Jr.,
d II. DROEGE.
m &C LOVE.
II, L. E. BENTLEY.
MYER LEMANN,
he b. LEMANN.
or J. j. LECHE.
FREDERICK DUFFEI
k. n. SIMS.
W. W. BEFORD.
j. j. LAFARGEE.
EDWARD n. PIGH, Notary Publ
Parish ot Ascension.
Recorded in Book Of Miscellaneous Ac
No. 4. page 4s7, ct seq. this March 10. lss
NJ llY ~ q