The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1881-07-20
CHARTER
OF THE
ALEXANDRIA STREET RAILROAD COMPLY:

TATE OF LOUISIANA
'ARIsH OF RAP1DEs.}
DE 1T KNOWN THAT ON THIS
b the 4th day of June, Ammo Domi.
4, 1881, personally came and appeared
,efnre me, James Andrews, Jr., Nota-
Y Public In and for the Parish of Ra-
tides, State of Louisiana, duly COM
nissioned and qualified, and in the
presence Of the hereinafter named and
Undersigned witnesses, n: l.. McGin~
,is, William Hustmyre, Simon Cullen,
julius Levin, James 8. Fish and W: r.
all of the Parish of Rapldes,
State aforesaid, who severally dec'ar-
ID, that by virtue of the statutes OF the
State in such cases made and provided,
they have agreed and do BY these pre-
,ents agree, covenant and bind them
selves, and those that may hereafter
be- associated with them, to form and
create joint stock company or corpo.
ration.
ARTICLE l. The name of said corpo-
ration shall be the "Alexandria Street
Railroad Company" and it's domic!ie
is hereby fixed at Alexandria, Rap'des
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
transport freight and passengers from
railroad depots and other places to and
from said city that are now, or that
may hereafter be constructed within a
limit of five miles of tue 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. q. No stakeholder shall be liza
BILE for any debt of said corporation be-
yond the amount of his subscription.
ART. S. The powers of this corpora
ton shall be and are vested in a Pres
ident and Board of Directors, consist
ing of six stockholders, who shall be
elected annually on the LIST Monday Of
February of each year, by majority
of the stockholders, and each stock
holder shall be entitled to as many
votes az he owns shares of stock paid
up. -,
ART. 6. The President shall be cleo
ted by a majority of the votes OF the
Board Of Directors, at a meeting held
for that purpose, on the second Mon
day of February of each year, at
which time shall also be elected by
the Board of Directors, Secretary for
said company, whose duties shall be
defined by the Board of Directors
ART 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 the
President.
ART. 8. Said company shall have .
corporate seal, the device to be fixed
by the first Board Of Directors under
this charter. Can sue and be sued
can buy, sell or lease real estate, per
sonal and movable property Of al
kinds whatsoever, can grant and TAXI
mortgages, issue promissory notes
whenever the same is authorized BY
the Board of Directors. I
ART. 8. The first Board of Directs
shall be N. L. McGinnis, William H ~
myre, Simon Cullen, Julius LIlu,
Jas. S. Fish and W. F. Blackmay ana
they shall continue in of1cs unt!,
their successors are duly eIe:eu ana
qualified as provided for by. DIS cnar,
ter. The first Board of Dir tors sha''
meet on the second Satur1y OF June,
A. D. 1881, and elect a fes'oeat aod
ART. 10. This corpcltion is formed
tn e1ist and contiuue4or the period of
twentv.five Years ein the date here
~ S1 m"|ss. so9n uS. SOLVED by a vote of
two. thirds Of tb s . nolaets a ga a
meeting called OF that purpose after
thirty DAYS zvertisement in some
nawsnaner ir me city of Alexandria, or
nv onerat;oJ of law.
AT, II n the event Of a dissolu.
t;on of so1 corporation, by a vote of
IT,. sto] holders, the President and
Rood # Directors shall constitute a
Boar>of liquidation to settle the af-
fa;pand liquidate the concerns Of said
ccApany.
ART. ~. The Board of Directors
Ihall have the power to elect or ap-
point any other officers or employ ees
that may be necessary to carry on the
business affairs of said corporation, and
they shall also have the power to pass
such bylaws and regulations for the
government of it's 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. Is. Books of Registry shall be
kept, in which all stock shall be reg.
istered in the names of the person OWL
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 minute book of all its
proceedings, which shall be open at all
times to tho 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
tice by advertisement in one or more
newspapers published in che city of
Alexandria, amend and alter this char
ter, provided two thirds in amount of
the stock holders agree to the same.
ART. Is. The subscription books for
tue capital stock of the company shall
n.