The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1890-08-27
CIARTER
State Of Louisiana-Parish of Orleans
City Of New Orleans.

Dtutc " Observation-Disclosures OF orleans
City Of New Orleans.
DE 1T KNOWN, THAT ON THIS SEW
u enth day of July, i'll the year one
thousand eight hundred and ninety, before
me, John Bendcrnagel, a notary public, in
aud for the city and parish of New Or
leans, State Of Louisiana, duly commits
stoned and qualified, and i'll tho presence
of the witnesses hereinafter named and
undersigned, personally came aud APP
peared the persons whose names are here
unto subscribed, who declared that, avail
ing themselves of tie provisions of Act
No. So of the Legislature of this State, APP
proved June 90, 1893, as well as Of those
of the general laws of this State relative
to the organization of corporations, they
have formed and organized, and by these
presents do form themselves and those
whom they represent, into and constitute
a corporation for the objects and purposes
and under the stipulation and agreements
hereinafter set forth, which they hereby
adopt as their charter, to-wit:
ARTICLE l.
The name and title of the said corpora
ton shall he the "Alcxantlria City Rail
| way Company, Limited" and by that
name it shall have and enjoy succession
for a term OF ninety-nine years from and
after the date hereof. 1t shall have power
and authority to sue and be sued, to make
and use corporate seal, and change the
same at pleasure, to hold, purchase, lease,
sell and hypothecite property, real and
personal necessary and proper for their bus
mess, to make and issue bonds, to name,
elect and appoint managers, directors and
agents, and to rake and establish such
bylaws, rules and regulations for the man
agement of the business and affairs of said
corporation as may be requisite and nee
essary.
ARTICLE II.
The domicile of said corporation shall
be the city of New Orleans, parish of Or
leans, Louisiana, where all citations and
other legal process may he served on the
president of the company, and citation
may also he served on the vice-president
thereof, at Alexandria, in the parish of
Rapides i'll said State
ARTICLE III.
| The objects and purposrs of this corpo-
ration are hereby declared to he to con-
stfuct, maintain and operate street rail
way or street railways with all necessary
sidings and turn tables for the transporta-
ton Of passengers. by horse or any other
motive power save that of steam, through
such streets within the corporate limits oil
the city of Alexandria, Louisiana, as may
be designated by the City Council of said
city, and to extend the same beyond the
corporate limits of said city to any place
or places adjacent thereto or it's suburbs
that this corporation may desire.
ARTICLE ".
The capital stock Of this company is
fixed at fifty thousand dollars, divided into
five hundred shares of one hundred dollars
each, and may be further increased OF
compliance with existing laws.
The corporation may begin business and
be a going concern when ten Thousand
dollars of said capital stock shall have
been subscribed for; said shares of stock
may be issued for money paid or property
received or labor done; when issued fol
money fifty per centum shall be paid III
cash, at the time of subscription, and the
balance i'll such installments as the board
of directors may prescribe; when issued
for property received or labor done it sllai
be paid for at such time, i'll such manner
:, and at such appraisement as the sale
board may determine; each share of stock
shall be entitled at all corporate meetings
to one vote, i'll person OF Of proxy,
ARTICLE V.
2 All the powers of this corporation shall
: be vested in and exercised by a board 0
seven directors, who shall each own a
least five shares of the capital stock of thi
corporation, u majority of whom shall con
| stitute u quorum for the transaction of al
business. Edward B. Whcelock, Richar,
Herrick, Charles NJ. Greene, Robt Strong
Lilburn Il. Bowman, Theus N. Miles an,
Robert w. Bringhurst, with the said Ed
ward B. Wheelock as president, Theus N
Miles as vice-president, Charles NJ. Green
as treasurer, and Robert w Bringhnrst a
secretary, shall constitute the first boar,
: of directors, and they shall hold their OF
fees until the second Tuesday in Decenl
Der, 1891, or until their successors shal
have been duly elected and qualified.
On the second Tuesday in Decembe
1891, and annually thereafter an election
for directors shall be held at the office o
the company; each board shall elect
president, vice-presidcnt, treasurer all,
secre tary, who shall hold Office until thci
I, successors are elected by the succeeding
G board.
$ AT all elections which shall be conducts
by ballot, a majority of the stakeholder
represented in person or by proxy, shal
elect said directors. Notice Of all election
} shall be given i'll one of the newspaper
published in the city of New Orleans AM
one newspaper published in the city g
Alexandria for fifteen days prior TO tn
election. Any vacancy occurring i'll sail
4 board Of directors, from any Cause wbatsc
q ever, shall be filed by the remaining di
rectors.
ARTICLE vi.
: No sale of stock shall be held valid an
binding on this corporation unless til
;, same shall have been transferred OH til
= books of the company; nor shall an
). stakeholder vote at an election for direc
+ tors unless he has been the owner of til
: stock sixty days prior to said election AM
10 stakeholder shall ever be held liable TO
any contracts or faults of said corporation
3 in any further sum than the unpaid bal
ance due the company on the shares owne,
by him.
ARTICLE VII.
This charter may be modified, change,
> or amended, OF said corporation may b
dissolved by a vote of three fourths Of til
stock represented at general meeting 0
the stockholders convened for those pur
? poses, after thirty days previous notice o
such meeting shall have been given in on
Of the newspapers published i'll New Or
leans and i'll one published in Alexandra,
Whenever this corDOration ia 1issolye