The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1888-06-16

PEAFvMEs THE BREATH. Ask FOR q.
LEGAL ADVERTISEMENTS
ACT OF INTERPRETATIONS
THE MONROE, COLUMBIA AND QUA
TELEGRAPH COMPANY.
STATE OF LOUISIANA, PARISH OF
OUACHIrA.
DE 1T KNOWN AND REMEMBERED
ID That we the undersigned parties. John
p. Parker, F.. p. Stubbs, Sigmund Meyer,
A. h. Sholars, r. J.. Nelson, G. A.. Singer
and F. G. Hudson, residents OF said parish
selves OF the privileges Of the constitution
aud statues of the State of Louisiana, rela-
tive TO the organization of corporations for
ourselves into a corporation and do hereby |
and by these presents form. organize and |
constitute ourselves, and all such other |
with us. into body corporate or corpora !
ton and to that end and for that purpose |
do covenant and agree to he governed by |
regulations as articles of Incorporation, |
which are to he the charter Of said corpora |
ton, tC.wit:
shall be '"The Monroe, Columbia and Qua !
chita City Telephone and Telegraph Com
pany;" aud that by said name said corpora
ton shall have and enjoy succession and
corporate existence for and during the full
term of ninety-nfne years from the date Of
this act unless sooner dissolved. 1t may
nal estate; may make contracts; may re-
ceive grants of land, personal property.
privileges and immunities and generally
shall possess all the power and privileges
thorized to possess under the constitution
OR by any general 1aw Of this State.
The place chosen for the domicile of this
lcorparation is the city of Monroe, parish of
9Ouachita, State of louisiana.
| ARTICLE III.
| The purDOseS for which said corporation
has been organized are as follows:
| Section Ito locate, construct, lease. own
and manage telephone and telegraph line
strumeuts and fixtures for the manage
ment, use and operation Of said line upon
course or route as may be deemed by the
advisable and expedient, beginning, how
ever, at the city OF Monroe, in the parish
Of Ouachita, Louisiana. and running thence
chita and Caldwell in a soatheriy direction
as may be selected, to the town OF Column
bia. Thence from the said city of Monroe
in northerly direction through such por,
Moreaouse as may be determined upon to
the town of Hamburg, in the county of
Ashley and State of Arkansas.
Sec, 2-To locate, construct, lease, own
operate, maintain aud use such branch tel
ephone and telegraph lines as a majority Of
the directors of said company may from
the inteee seen OF sad sad
company shall not be restricted in the OK
ercise of these privileges of to or concern
ing either of said branch lines to the State
OF louisiana but may connect its main line
3 with any other limo or lines III such other
States as shall authorize the exercise of SAID
privilege within their limits; and said COM
| ,,o,, "a "a o. n 1,va v-
9 preparation such property as it may require
I for its purposes; and to receive such tolls
and charges as may from Time to time be
D Sec. 3-To obtain and receive by pur.
chase, grant, gilt, devise and bequest both
real and personal property; to have and &c
e the objects. purposes, intents and business
q of said company.
Sec, 4-To construct and maintain its sale
line or any part of the same and to have
L the right Of way therefor across, along OF
= upon any waters, water conrceS, lake, bay
=. inlet, street, highway, turnpike or canal
which its said line may pass along, inter
sect, touch or cross.
= Sec. $40 borrow money, to purchase o.
lease property on its own credits for tn,
. purpose OF constructing and nlaintaing sale
or establishing continuous or connecting
lines AS herein before provided.
ARTICLE ".
I, All legal process shall be served upol
2 the President, or in his absence, upon tn
Il secretary, treasurer or general attorney o
said corporation.
ARTICLE v.
D The amount Of capital stock of this cor
10 poration shall be the sum of CSC, 600 COY ST,
thousand dollars. consisting of l2OO) twelv
hundred shares of $50 COY fifty dollars eacl
re par value.
ARTICLE VI.
The time and manner of paying subscrip
D. tons for stock of this corporation shall b
he determined by the board of directors; OK
cept that no stock shall be issued by thi
10 company unless it be for services rendere
~ or for money or property actually receive
is ' ~ ARTICLE VII.
~ In event of a failure on the part of an
r subscriber to pay the whole or any porto
of his subscription at the time or times o
in the manner fixed by the directors, til
shares of stock subscribed for under sue
subscription aud all payments made there
under shall be forfeited to the compan
without any further action on the part c
the company; but all liability of said sui
scriber to said company by reason of sue
unpaid subscription shall, upon such fol
feiture, cease.
ARTICLE VIII.
Until such forfeiture no stock holder sha
he held liable or responsible for the cor
tracts, faults or obligations Of said compan
III any further sum than the unpaid balanC
to the company on shares owned by him @
her.
ARTICLE
The corporate powers of this coulpan
shall be vested in n board of directors CON
posed of five stockholders to be elected al
uuatfy on the first Monday i'll December {
each year, and III such other officers an
agents Ms may from time to time be az
pointed by said board. I'll event the aunus
election above referred to does not TAX
place the existing board of directors sha
continue to exercise the functions of oftiC
tH tteN,, To-, oil 1.N.,A.