The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1890-08-20
CHARTER
State Of Louisiana-Parish Of Orleans
City Of New orleans.

City Of New Orleans.
DE IT KNOWN, THAT ON THIS SEW
ID enth day of July, i'll the year one
thousand eight hundred and ninety, before |
me, John Bendcrnagel, notary public, i'll
and for the city and parish of New Or
leans, State of Louisiana, duly commits
stoned and qualified, and in tho presence
of the witnesses hereinafter named and
undersi gned, personally came and APP
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 90, 1888, 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 S 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 be the alexandra City Rail
way Company, Limited" and by that
name it shall have and enjoy succession
for term Of ninety-nine years from aud
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 hypothecatc property, real and
personal necessary and proper for their bus
mess, to make aud issue bonds, to name,
elect and appoint managers, directors and
agents, and to rake and establish such
bylaws, rules and regulations for the man
arement of the business and affairs of said
corporation as may be requisite and nee
essary.
The domicile of said corporation shall
, be the city of New Orleans, parish Of Or
leans, Louisiana, where all citations and
t other legal process may be served on the
president of the company, and citation
may also be served on the vice-presidcnt
, 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 be to con-
struct, maintain and operate a street rail
way or street railways with all necessary
l sidings and turn tables for the transporta-
h ton Of passens gers. by horse or any other
motive power save that of steam through
, such streets within the corporate limits OF
u the city of Alexandria, Louisiana, as may
: be designated by the City Council of said
a city, and to extend the same beyond the
. corporate limits of said city to any place
u or places adjacent thereto or its suburbs,
s that this corporation may desire.
ARTICLE ".
:. The capital stock of this company is
Y fixed at fifty thousand dollars, divided into
!. five hundred shares of one hundred dollars
: each, and may be further increased or
compliance with existing laws.
i The corporation may begin business anc
g be a going concern when ten Thousand
i. dollars of said capital stock shall have
= been subscribed for; said shares of stock
. may be issued for money paid or property
l. received or labor done; when issued to-
If money fifty per centum shall be paid il
!. cash, at the time of subscription, and TIL.
balance in such installments as the boar(
of directors may prescribe !; when ISSUED
q for property received or labor done it shal
be paid for at such time, in such name
y and at such appraisement as the sait
board may determine each share of stool
. shall be entitled at all corporate meeting
q to one vote, i'll person OF OF proxy,
$, ARTICLE V.
All the powers of this corporation shall
r be vested in and exercised by a board Q
seven directors, who shall each own Il
least five shares of the capital stock of thi
10 corporation, majority of whom shall con
J. stitute a quorum for che transaction Of al
S. business. Edward B. Wheelock, Eicllar
q Herrick, Charles NJ. Greene, Robt. Strong
y Lilburn +. Bowman, Theus N. Miles an
III Robert w. BringhUrst, with.the said Lc
D. ward B. Wheelock as president, Theus \
Miles as vice-pre sdent, Charles NJ. Green
4 as treasurer, and Robert W Bringhurst q
- secretary, shall constitute the first boar
III of directors and they shall hold their o
fees until the second Tuesday in Decen
1e Der, 1891, or until their successors sha
=. have been duly elected and qualified.
On the second Tuesday i'll Decembt
OF 1891, and annually thereafter an eiectio
ne for directors shall be held at the Office {
c. the company; each board shall elect
i, president, vice-president, treasurer an
r secretary, who shall hold Office until the
successors are elected by the succeedir
e. board.
At all elections which shall be conluctc
G. by ballot, Il majority Of the stockholde
M represented in person or by proxy, sha
a. elect said directors. Notice of all election
r shall be given in one of the newspape
~. published in the city of New Orleans al
TO- one newspaper published in the city
w., Alexandria for fifteen days prior to tt
NJ. election. Any vacancy occurring i'll sa
r board Of directors, from any caLse what's
ever, shall be filled by the remaining q
" rect0rs.
M ARTICLE vi.
of No sale of stock shall be held valid al
nit binding on this corporation unless Il
lis same shall have been transferred Oh Il
III; books of the company; nor shall al
to stakeholder vote at an election Tor dlre
tors unless he has been the owner OF Il
me stock sixty days prior to said election; al
ed no stakeholder shall ever be held liable
N. any contracts or faults of said corporate
yn in any further sum than the unpaid b:
of ance due the company on the shares own
Ia by him.
ed ARTICLE VII.
ng This charter may be modified, chang
BILE or amended, OF said corporation may
Up dissolved by Il vote Of three fourths OF t
stock represented at a general meeting
nd the stockholders convened for those pr
he poses, after thirty days previous notice
IN such meeting shall have been given i'll o
of the newspapers published in New {
The leans and III one published in Alexandra
Whenever this corporation is dissolv
by limitation or otherwise, its affairs sh
he Inundated Inv three commissioners to