The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1881-08-10
CHI A r T e r
ALEXANDRIA STREET RAILROAD COMPLY
OF THE

ry Public IN and for the Parish, OF Ia
p;des, State Of Louisiana, duly com.
missioned and qualified, and IN the
presence of the hereinafter named and
undersigned witnesses, n. l.. McGin,
MS, William Hustmyre, Simon Cnllen
Julius Levin, james ). Fish aud W. +
Blackman, all of the Parish of Rapides
State aforesaid, who suveIally declar,
ed, that by virtue Of the statutes of the
State in such cases made and provided
they have agreed and do by these pre-
SCENTS 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 |. The name OF said c0rpO
ration shall be the alexandria Street
Railroad Company" aud its domicie
is hereby fixed at Alexandria, Rapldes
Parish, State of Louisiana.
ART. 2. The object and design OF
said corporation is the construction
and operation of street railroads IN tue
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
NAV hereafter be constructed within
limit of five miles of the said city of
Alexandria.
ART. 3. The capital stock of said
corporation is fixed at the sum of Eff
tv Thousand Dollars, to be divided in
to shares of one hundred dollars each,
the whole amount being five hundred
shares
ART. A. No stakeholder shall be liza
Bile for any debt of said corporation be-
You'd the amount of his subscription
ART. 5. The powers of this corp"ra-
tion shall be and are vested in Pres
ident and Board of Directors, consist.
inc of six stockholders, who shall be
elected annually on the lst Monday OF
February of each year, Ivy 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 cleo
ted by n majority of the votes OF the
Board of Directors, at q 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. 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
y otherwise, the Board OF Directors shall
y 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.
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 bny, sell or lease real estate, per
sonal and movable property of al
kinds whatsoever, can grant and take
mortgages, issue promissory notes
whenever the same is authorized by
the Board of Directors.
ART. g. The FIRST Board of Director!
shall lie N. L. McGinnis, William Hust
myre, Simon Cn'len, Julius Levin
Jas. S. Fish and w. +. Blackman, ant
they shall continue in office unit
their successors are duly elected ant
qualified as provided for by this char.
tor. The first Board of Directors shall
meet on the second Saturday of June
A. D. 1891, and elect President ant
Secretary
ART. 10. This corporation is formed
to exist aud continue for the period O
twenty five years from the date here.
of, unless sooner dissolved by vote OF
two-thirds OF the stock holders at &
meeting called for that purpose, after
thirty days advertisement in some
newspaper in the city OF Alexandria, OF
by operation of law.
ART. IL. In the event of dissolu-
ton Of said corporation, by vote oil
the stockholders, the President and
Board of Directors shall constitute a
Board of liquidation to settle the af-
fairs aud liquidate the concerns of said
company.
ART. IL. The Board of Directors
shall have the power to elect or APP
point any other officers or employees
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 its officers and employ
ees as they may deem wise and proper
provided the same are not repugnau
to this charter OF the laws of the Stat,
of Louisiana.
ART. ID. Books of Registry shall b,
kept, in which all stock shall be reg
istered in the names of the person own
ing the same, and all transfers of stool
shall be registered in said book. The
Board of Directors shall cause tho Sec
rotary to keep minute book of all it
proceedings, which shall be open at al
times to the inspection of any stool
holder.
ART. IA. The stock holders may, a
any time, at stated m. citing caIIet
for that purpose, after thirty days no
tico by advertisement in one or NOR,
newspapers published in abe city o
Alexandria, amend and alter this char
ter, provided two thirds in amount o
the stock holders agree to the same
ART. Is. The subscription books 70
tho capital stock of the company shall
DO opened Immediately after the cleo
ton of the President as above prOvid
ed, and all persons who may desir
can subscribe for any Number OF share
not exceeding fifty.
This done and signed in the presenc
of me the Notary Public aud the IN