The Louisiana Democrat., 1881-07-13
Cn R TIE Il
NF THE
ALEXANDRIA STREET RAILROAD C0MP'Y;

STATE OF LOUISIANA
PARISH OF RApIDEs
DE 1T KNOWN THAT ON THU
40 the 4tll day Of June, Amlo Domi
nj, 1881, personally came and appeart,
before me- james Andrews, .Jr.,. Nn';s
ry Public IN andsfar tie Parish Of. R;s
pides, State Of Louisiana dul Y com
missioned and qualified, and ins tIr
presence tile hereinafter named ant
undersigned witnesses, N. L. McGin
mis-. William Hustmyre, Simon Cullen
Julius Levin, James 5. Fish and w. F
Blackman, all of the Parish of Rapides
State aforesaid, WHO severally decar
ed, that by virtue Of the statutes of til,
State in such cases made and provided
they have agreed and do by these pre-
). sents agree, covenant and bind them
selves, and those, that may hereafte
{ be associated with them, to form ant
+ create ajoint stock company or corpo
ration. rTa>3
ARTICLE /. The name of said corpo
ration shall BE the alexandria Stree
Railroad Company" and it's domicili
is hereby fixed at Alexandria,, Rapidel
Parish, State of Louisiana.
4 ART. 2. The object and design O
I said corporation is the construction
and operation OF street railroads in the
city of Alexandria, within the limits q
said city and beyond the same, SO as tc
transport freight and passengers from
railroad depots and other places to and
from said city that are now, or tina,
may hereafter be constructed within n
limit of five miles Of the said city OF
i jAlexaudria.
ART. 3. The capital stock of said
corporation is fixed at the snm Of Fit
ty Thousand Dollars, to be divided IN
to shares of one hundred dollars each,
the whole amount being Eve hundred
shares 1# gzs.,..,a
ART. 4. No stockholder. shall be la
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 lst 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. sats-. "a ag
ART. 6. The President shall be cleo
ted by q majority of the votes of tile
Board of Directors, at q meeting held
for that purpose, on the second Mou-,
day of February of each year, at
which time shall also be elected by
the Board Of Directors, a Secretary for
said company, whose duties shall be
defined by the board of Directors.
ART. 1.-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 or
otherwise, the Board OF Directors shall
select one of their number to act as
President pro tempore, who shall,
while acting, exercise all the powers,
rights and duties assigned to the
President z s3sS .7f1 ys, hygE
ARr.s. Said company shall have a.
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 all
kinds whatsoever, can grant aud take
mortgages, Issue promissory notes,
whenever the same is authorized by
the Board of Directors. -
ART. 9. The first Board of Directors
shall be N. L. McGinnis, William Huss-
myre, Simon Cn!len, Julius Levin,
JAS. 5. Fish and w. +. Black man, and
they shall continue in office until
their successors are duly elected and
qualified as provided for by this char
ter. The first Board of Directors shall
meet on the second Saturday of June,
A. D. 1881, and elect President and
Secretary. s4a
ART. 10. This corporation is formed
to exist aud continue for the period of
twenty-five years from the date here
OF. unless sooner dissolved by vote of
two thirds OF the stock holders at a |
meeting called for that purpose, after
thirty days advertisement in some
newspaper in the city OF Alexandria, or
by operation of law. s.3
ART. IL. In the event of a dissolu-
tion of said corporation, by vote of
the stockholders, the President and |
Board ofDirectors shall constitute I
Board Of liquidation to settle the af-
fairs and liquidate the concerns of said
ART. IL. The Board of Directors
shall have the power to elect or ap-
point any other officers or employees
Ihat'may be necessary to carry on the
business affairs of said corporation, and
they shall also have the power to pass
such by laws and regulations for the
government of its officers and employ
,es as they may deem wise and proper
provided the same are not repugnapt
% this charter or the laws of the State
IF Louisiana. rs @39s
ART. l3. Books of Registry shall be
Kept, in which all stock shall be reg.
stored in the names of the person own ,
ng the same, and all transfers of stock
hall be registered in said book. The .
5oard of Directors shall cause the Sec.
etary to keep minute hook of all it's
Proceedings, which. sh all be open at all s
INES to the inspection of any stock A
FOLDER. s lae,6 as.mEs go - a
ART: IA. The stock holders may, at D
ny time, at stated meeting cAied j
or tlatipurpose, after thirty d,ss no NJ
lce by advertisement in oneor more C
ewspapers published ia ate, city of S,
Alexandria, amend and alter this char
or, provided two thirds in amount of J.
be stock holders agree to the same. L
ART. Is. The subscription books for j
he capital stock of the company shall
Q opened immediately after the elec. Il