The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1888-08-04

LEGAL ADVERTISEMENTS.
CHARTER
Monroe Transportation Company.
STATE or ToV 1STA a, M rANRsM OF
Dc 1T KNOWN, THAT ON THIS
s twentv-sixth day of Juno in the year
one thousand eight hundred and eighty
eight before me, Webster =, "A: My an;
H Hepasy Pubic in anu for the Parish OF
Ouachita, State of louisiana, guy CON- ,he
missioned and qualined, an" hereinaf FER
named and undersigned personally came
and appeared the persons whose names aIe
Us. eunto subscribed VINO NO 'ernIisions Of
the general laws of this State reiative 70 'ne
organization of corporations 1oT WorAs "a
public i'm provement, etc, they naSo coNo
hated and agreed to and by these present
| do form themselves into and consti!u.ea
corporation under the following YIN, .s s'pn1 "a
| tions and agreements, winch they """P' q"
| their Charter, to-Wlt:
ARTICLE T.
! Said corporation shall be known ana de-
sigua,ed 10y the title OF "Nnnroe trans
portuSon Company it's domicie snaii ne
in tho city of Monroe, La to ",1 ne ~ Of
niucty-n;ne years from tho date hereol I'M
less sooner dissolved.
, The President of the corporation. or IN
his absence the Nice-President or IN the
; absence Of both, the Secretary, shall DC , Inc
officer upon whom all cltatiois anu "'ho'
legal PROCESS shall be serVeu.
AETICLEII.
e Tho objects and purpose of this corpora
/ ton shall be to build, purchase, CHARTER
r and otherwise acquire, one or more boats
to run from Monroe to points en- Missls-
h ,ippi, Red, Ouachit" rivers ana thelr 'rlpu-
= | tnries and the eater to use, operate, own,
Q enioy' sell, mortgage, cucumber and dis
nose OF steamboats, and other water crafts,
e to construct wharis, 1anolHg w; w n,rn nss
II or for elevating, storing handling the
Ii freight of other STEAMBOATS, or transl'orta-
IS lion COMPANIES or for any person. to trans
II mort freight and passengers by steamboat
- or water craft in the Mississippi, Red ana
i Ouachita Rivers and their tributaries, ana
to receive therefor such compensation ma; as
3 shall from time to time be fixed and desig-
mated by the proper officers OF said COM
90 pany; to receive and store merchanolse
o. and property in it's yards, warehouses;, or
H. Wharfboats, and receive such compensation
in therefor as may from time to time be es-
H. tnhl;shed by the officers of said company,
90 to sue and be sued. and further to do all
acts necessary and conVenlent IN Inc Juog
"a ,neut of the officers and directors OF said
company for the welfare ana business VI
said company.
ARTICLE III.
Dos The capital stock OF this corporation J:
hereby fixed at the sum OF two tholisanC
dollars divided into o iof dyn snarG in CO. cash
. the time of subscription. The said capita
- stool: may be increased to a sum not ex
ceeIinr twenty-five thousand dollars OF
- con- pliunce with existing laws.
ia, ARTICLE ".
I'D. All the corporate powers of this com
Nd. many shall be vested in and exercised Dy
I'D. board of directors to be composed OF e'gl
49, 81 +. D. McLain, j. NJ. Rabun, L. Drummer.
. n. Wimberly. W. II. williamson, NJ !
- Meredith j. z. Parker and W. I. RenWici
Did. dsnt and Treasurer, J. NJ. Rabun Viz
80 Pres Pyes;d len, and NJ. l.. Meredith secretar:
- shall compose the first Board OF nirec, %,
can iii the first Monday of July, 1857, ana nnl
lese their successors shall have been duly cleo
cd and qualified, on the he, nrs 1., Mom m,sa
ront theToaf,er an election for directors shall
ont; held at the Office of the company;a III
fruit inritv of votes cast shall clect each share
for stock being entitled to one vote, ei,her
nerson or by proxy all elections shall
feet by ballot any vacancy occurring on 81;
q st. hoard from any cause Whatever SNAIL
with GIinS nv { he rcmai:ing directors.
able ANY failure to elect directors at a Senel
fruit meeting of tho stockholders sniill not "a
rms, .nivc the company but tho directors IN
it'll IN office shall continue to exercise IN
f,uctiou until new hoard is elected, lo
ORE r1au, bers of said board shall ,Onstitur
Ono Quorum for IL q transaction OF all htSlne
city, said board OF directors shall have me rlt
~ .,,lopt such by laws, rules ana reSu
- lions; for the transaction and mana:seiit
nFthr business and affairs OF said ccrpo
t;oi, rs may bo necessary and proper an"
make and use u corporate seal with 81
j. ;uscription and device as they may seit
.r- n,f ,ilnll elect II President. ice l'rcSidt
= ~. Secretary and Treasurer. and all other
80 ccrs necessary in tho transaction OF
business of tho company.
/ = ARTICLE V.
e % This charter may be Uttered or amen
or tL,s corporatiOn dissolved 10y Il vote
three-fourths Of the stock present or rel
IA sontea at Il meeting of the Stociho
A'-A convened for that purpose after llteeh
written notice shall have been giNer
nncI, stockholdcr or his duly author
ronrcsentive by the secretary to be lef
his ,lace of business or residence or scr
= ms hini Nv mail or the said notice may
& triyou at tho option of the PreSlCeht,
~ fifteen DAYS publication thereof III on
p tho weekly newspapers OF The CITY Oh
roe. ,,.,o,,,rs
bc called by the president or III case o
e absence by the vice president III any
upOn similar notice. -,
hfully In me even o. H cbnrtcr tho liUuids
,,;.o offho affairs of tho company snail be
- iuCtel bv two commissioners 10 ne elt
Nv ballot at Il general meeting OF INC 81
ii 3 hGllcrs convened for that purpose, Il
fi',l'c in,tI, vote of he stock present or repre-