The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1888-06-09
LEGAL ADVERTISEMENTS
ACT OF iNCORPOitATiOn

LEGAL ADVERTISEMENTS
ACT or INCORPORATION
u { CH III: CITY TELErH0NE AND
TELEGRAPH COMPANY.
STATE or LOUISIANA, PARISH OF
DE IT KNOWN AND REMEM BERED
II That we the Undersigned parties. John
p Parker, i. y. Stubs, Sig,nund Never
A. y. Sholars, II. J. Nelson, G. a. Singer
and l.. &. Hudson, residents of said parish
! and citizens of said State, awaiting our
selves of the privileges OF tho constitution
and statues Of the State of Louisiana, rela-
tive TO the organization of corporations for
| works of public improvement, have formed
ourselves into Il corporation and do hereby
and by these presents form, organize and
constitute ourselves, and all Snch other
persons as may hereafter becon @ associated
with It's, into Il body corporate corpora
| ton and TO that end and fer that purpose
do covenant and agree to be governed by
the following stipulations. obligations and
regulations articles OF Incorporation.
which are to be tho charter OF said corpora
| ton, to-Wit:
ARTICLE +.
The name and title of this corporation
| shall be ''The Monroe, Columbia and Qua
! caita City Telephone and Telegraph Com
! pany;" and that by said name said corpora
| lion shall have and enjoy succession and
| corporate existence for and during the full
| Germ of ninety-nine years from the date of
| this act unless sooner dissolved. 1t may
| sue and be sued may hold real and persO-
! nal estate, may make contracts; may re-
coive grants Of land, personal property,
privileges and immuDitieS and generally
shall possess all the power and privileges
which such corporations are or may be al
thorized to possess under the constitution
or by amy general law of this State
ARTICLE II.
The place chosen for the domicle Of this
corporation is the city Of Monroe parish of
| Onuciita, State of Louisiana.
! ARTICLE III.
| Tho purposes for which said corporation
! has been organized are as follows:
| Section Ito locate, construct, lease. own
and manage telephone and telegraph line
together with all necessary properties, in
strumcnts and fixtures for the manage
ment, use and operation of said line upon a
| course or route as may DO deemed by the
board of directors Of said corporation most
advisable and eNpe,lient, beginning, how
ever, at the city OF Monroe, i'll the parish
of Ouachta, Louisiana. and running thence
| through such parts of the parishes of Qua
| chita and Caldwell in a Southerly direction
as may be selected, to the town of Column
bia. Thence from the said city Of Monroe
| in II nOrtherly direction through such por-
tionS of the parishes of Ouachita, Union and
Morehouse rs may be determined upon TO
tho town of Hamburg, i'll the county OF
| Ashley and State of Arkansas.
| Sec. 10 locate, construct, lease, own
| operate, maintain and use such branch tel
! ephonc and telegraph lines as Il minority of
the directors OF said company may from
| time to time deem proper, eNpcdient and
for the interest of said company. Said
company shall not be restricted in the ex-
ercise of these privileges of to or concern
ing either of said branch lines to the State
OF Louisiana but may connect it's main line
, with any other line or lines in such other
States as shall authorize the exercise of sad
privilege within their limits; and said COM
pany shall have the right to acquire by OK
preparation such property as il may require
for its purposes; and to receive such tolls
and charges as may from Lime 20 time be
fixed by the directors OF said company.
Soc. $40 obtain and receive by pur-
chase, grant, gilt, devise and beGucSt bot |,
real and personal property; to have and to
hold such real and personal property for
the objects. purposes, intents and business
| of said company.
, Sec, Ito construct and maintain its said
line or any part Of the Same and to have
the right of way therefor across along OF
upon any waters, water cources, lake, bay
, inlet, street, highway, turnpike or canal
which its said line may pass along. inter
sect, touch or cross.
Sec. 5-Io borrow money, to purchase OF
lease property on its own credits for the
purpose of constructing and maintaing said
telephone and telegraph limo and branches
} or establishing continuous or connecting
, lines rs herein before provided.
ARTICLE ".
I All legal process shall I've served upon
/ Tho President, or III his absence, upon h,
secretary, treasurer general attorney o.
srid corporation.
\ ARTICLE V
Tho amount of capital stock Of this cor.
poratiOn shall he the sum of (SG,OuO COY sis
thousand dollars, consisting OF l2OO) twelve
y, hundred shares of $50 OO} iiiiy dollars eacl
l par value.
, ARTICLE VI.
Tho time and manner of paying SuiSCl ip
tons for stock of this corporation shall Il,
= determined by tho board OF directors; OK
: ccpt that no stock shall be issued l,v thi.
: company unless it be for services rCtttfcre,
or FOX money or property actually rCrcivct
: or for tabor done.
y ARTICLE VII.
In event OF Il failure on the Iari OF any
\ subscriber To pay the whole or aav port iof
l of his subscription at the time or times OF
III the manner fixed by the directors, tn,
shares OF stock so subscribed for under Srcl
subscription and all payments made there
z nrder shall be forfeited to the company
ihe company; hut all liability OF said sub
Scriher To SAID compa, V Ivy reason of sucl
J unpaid Subscription shall, upon such for
D icilure, cease.
ARTICLE VIII,
Until such forfeiture no stock hOider shall
; no hold liable or responsible for the con
= tracts, flHitS or obligations of said company
: in any farther sum than 1hrunpaia balance
10 the company on shares owned Ivy him o.
: her,
Z ARTICLE IN.
The corporate powers of this company
shall he vested i'll II board OF directors com
posed of five stockholders to hc elected am
4 nuallE en- The first Monday in December q
1 each near, and in such other officers an,
: agents rs may from timC to time ho ap
l pointed Nv said board. In CNCnt the auuul