The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1890-08-13
CHARTER
State Of Louisiana-Parish Of Orleans
City Of NeW Orleans.

DE 1T KNOWN, THAT ON THIS SEW
u entl day of July, i'll the year one
thousand eight hundred and ninety, before
me, john Bentlernagel, notary public, in
and for the city and parish of New Or
leans, State of Louisiana, duly commits
stoned and qualified, and in tina presence
OF the witnesses hereinafter named and
undersigned, personally came and up.
peared the persons whose names are here
unto subscribed, who declared that, avail.
ing themselves of tie provisions of Act
No. Sc of the Legislature of this State, ap-
proved June %, 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
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 /.
The name and title of the said corpora
ton shall be the alexandria City Rail
way Company, Limited" and by that
name it shall have and enjoy succession
for IL 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 hypothecate property, real and
personal Necessary and proper for their bus
mess, to make and issue bonds, to name.
elect aud appoint managers, directors and
agents, and to r,ake 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 ali citations and
other legal process may be served OH the
president of the company, and citation
may also be served on the vice-president
thereof, at Alexandria, in the parish of
Rapides in said State.
ARTICLE III.
The objects and purposrs of this corpo-
ration are hereby declared to he to con-
strict, 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 of
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 w.
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 OH
compliance with existing laws.
The corporation may begin business and
be 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 for
money fifty per centum shall he paid in
cash, at the time of subscription, and tho
balance i'll such installmcnts as the board
OF directors may prescribe; when issued
for property received or labor done it shall
be paid for at such time, in such manner
and at such appraisement as the said
hoard may determine each share of stock
shall be entitled ut all corporate meetings
to one vote, i'll person or of proxy.
ARTICLEV.
All the powers of this corporation shall
he vested in and exercised by board Of
seven directors, who shall each own at
least five shares of the capital stock of this
corporation, Il majority of whom shall con-
stitutc quorum fer the transaction of all
business. Edward b. Ahcelock, Richard
Herrick, Charles NJ. Greene, RoEt. Strong,
Lilburn l.. Bowman, Theus N. Miles and
Robert w. Bringhurst, with the said Ed
ward b. WheelOck as president, Theus N.
Miles as vice-prc sident, Charles NJ. Greene
as treasurer, and Robert w Bringhurst as
secretary, shall constitute the first hoard
of directors, and they shall hold their Of
fees until the second Tuesday in Decem-
Der, 1891, or until their successors shall
have been duly elected and qualified.
On the second Tuesday in December
1891, and annually thereafter an election
for directors shall he held at the office of
the company; each board shall elect
president, vice-president, treasurer and
secrf tary, who shall hold Office until their
successors are elected by the succeeding
board.
Az all eleCtlOllS WHICH Sllall ne conducted
by ballot, a majority of the stockholders
represented in person or by proxy, shall
elect said directors Notice of all elections
Shall be given in one of the newspapers
published in the city of New Orleans and
one newspaper published in the city of
Alexandria for fifteen days prior to the
election. Any vacancy occurring in said
board of directors from any cause whatso-
ever, shall BIZ filed by the remaining di-
rectors.
ARTICLE vi.
No sale of stock shall be held valid and
binding on this corporation unless the
same shall have been transferred OH the
books of the company; nor shall any
stakeholder vote at an election for direc-
tors unless he has been the owner of the
stock sixty days prior to said election; and
no stakeholder shall ever be held liable for
any contracts or faults of said corporation
in any further sum than the unpaid bal
ance due the company OIL the shares owned
by him.
ARTICLE VII.
This charter may be modified, changed
or amended, or said corporation may be
dissolved by a vote of three fonrths of the
stock represented at a general meeting of