The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1890-08-06
CIARTER
State Of Loaeisiana-Parish Of Orlcan!
City Of Neao Orleaxs.

City Of Neac Orleans.
DE 1T KNOWN, THAT ON THIS SEW.
IL enth day of July, i'll the year one
Thousand eight hundred and ninety, before
me, John Belulcrnagel, notary public, in
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
undersigned, personally came and APP
peared the persons whose names are here
INTO subscribed, who declared that, avail
ing themselves Of tie provisions of Act
i No. IS of the Legislature of this State, APP
proved June 20, 1888, as well as of those
of the general laws of this State relative
to the organization OF corporations, they
have formed aud 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 tic stipulation and agreements
hereinafter set forth, which they hereby
adopt us their charter, to-wiu:
ARTICLEI 1.
The name and title of the said corpora
ton shall liz the alexandria City Rail
way Company, Limited" aud by that
name it shall have and enjoy succession
for 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,
| a1 nnf 81 int nd
agents, and to r,ake and establish such
| bylaws, rules and regulations for the man
agement OF the business and affairs Of said
corporation Us may be requisite aud nee
essary.
ARTICLE II.
! The domicile of said corporation shall
he the city of New Orleans, parish of Or
leans, Louisiana, where all citations and
other legal process may he 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 i'll said State.
ARTICLE III.
The objects and purposrs of this corpo-
ration are hereby declared to be to con-
struct, maintain and operate II street rail-
way or street railways with all necessary
sidings and turn tables for the Transports
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
CT places adjacent thereto or its 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 enc hundred dollars
each, and may be further increased OF
compliance with existing laws.
The corporation may begin business anG
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 IL
cash, at the time of subscrii. ton, and thu
balance III such installments as the boarC
Of directors may prescribe; when issue(
for property received or labor done it shall
be paid for at such time, in such mannel
and at such appraisement as the sale
board may determine; each share of stool
shall be entitled at all corporate meeting
to one vote, in person or Of proxy,
ARTICLE v.
All the powers Of this corporation shall
lie vested i'll and exercised by a board o
seven directors, who shall each own a
least five shares of the capital stock of thi
corpora ton, majority of whom shall con
stitute quorum for the transaction of al
business. Edward b. Wheelock, Ricllar,
Herrick, Charles NJ. Greene, Robt. Strong
Lilburn E. Bowman, Theus N. Miles an,
+ Robert w. Bringhurst, with the said Ed
ward B. Wheelock as president, Theus N
Miles as vice-prtsident, Charles NJ. Green
as treasurer, and Robert w Bringhurst a
secretary, shall constitute the first boar
of directors, and they shall hold their Of
fees until the second Tuesday in Decen
Der, 1891, or until their successors shal
have been Only elected and qualified.
f On the second Tuesday in Dccembe
1891, and annually thereafter an elcctio
for directors shall be held at the Office G
, the company; each board shall elect
president, vice-prcsident, treasurer all
5 secretary, who shall hold office until thei
: successors are elected by the succeedin
board.
At all elections which shall be conducte
by ballot, a majority of the stakeholder
represented i'll person or by proxy, sha
elect said directors. Notice of all clectior
shall he given i'll one of the newspaper
published in the city of New Orleans an
+ one newspaper published in the city
d Alexandria for fifteen days prior to tn
, election. Any vacancy occurring i'll sal
board Of directors, from any cause whatst
: ever, shall be filed by the remaining d
4 rcctors.
t ARTICLE vi.
No sale of stock shall be held valid an
!, binding on this corporation unless til
same shall have been transferred on til
books o. the company; nor shall an
;. stakeholder vote at an election for dire,
tors unless he has been the owner of til
stock sixty days prior to said election; an
no stakeholder shall ever be held liable IL
i any contracts or faults of said corporatio
j. in any further sum than the unpaid ba
ance due the company on the shares owne
: by him.
ARTICLE VII.
. This charter may be modified, change
or amended, or said corporation may
! dissolved by Il vote of three fourths of tt
"a the stockholders convened for those pu
8 poses, after thirty days previous notice
such meeting shall have been given in or
of the newspapers published i'll New 0
leans and in one published i'll Alexandra
Whenever this corporation is dissolve
by limitation or otherwise, its affairs sha