The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-05-20
CHARTER.
% THE
LAUREL WILEY AND ROUSSEAU
STATION RAIL Road
COMPANY.
{. S. OF AMERICA.
STATE OF LOUISIANA,
e. S. OF A MERICA.
STATE OF LOUISIANA,
PARISH OF LAFOURCNE.
DE 1T KNOWN. THAT on THE FIRST
ID daV of NAV 1898

hul commissioned and qualified for the Far.
lsh "t LafOurche. and in the presence of the
witnesses hereinafter named and undersisn-
ed.
PERSONALLY CAME AND APPEARED
The nnders, gned parties who declared that
avaling themselves of the provisions of the
laws f the State OF Louisiana relative to The
or2aniZatlsn OF corporators, they have con-
tracted and agreed. and by these presents
they do covenant and agree and bind and
obligate themselves we'll as all such per-
sons as may hereafter b. come associated with
them or their successors, to form and con-
stitute ii corporation and body po,itic in law,
tor the objects and purposes and under the
agreements and stipulatiuns following. to-
wit:
ARTICLE l.
The name ard title oI saIu corporation
shall be ~ He LAUREL VALLEY AND
ROUSSEAU STATION RAIL ROAD COM
PANl"
BY that name said corporation shall have
power snd authority to exist and e: joy sue
cesson for the tull term aud period OF Ninety
nine t99j Years from and after the day and
date hereof: 10 contract. sue and be sued
to make anG use corporate seal, and the
same to break or change at pleasure
to hold. receive, lease. purchase. ALLEVIATE and
convey as well AS mortgage and hvpOthecate
property real. personal aud mixed ; to name
and appoint such managers directors, Off
GERS or agents as the interests OF the said
corporation may require. and to make aud
establish such bylaws. rules and regulations
for the proper management and regulation
of the affairs of the said corporation as may
be necessary and proper and the same to
change and alter at pleasure.
ARTICLEll.
The dom1cile Of said corporation shall he
in the Parish Of LafOurche, State of JsOuisi-
ana, and all citation other legal process
shall he served on the President of said Cor
poration and in case OF his absence or any
other reason why he caphot be served, upon
one OF the directors thereof.
ARTICLE III.
The purposes for which this corporation is
established. aud the nature of the business
to be carried on by it are declared and speci
fied to he -
To survey. locate. construct and operate
railroad with one or more tracks from d
point on or near the Public Road on the
front of the Laurel Valley Plantation in this
Parish, t. point near the Rousseau Switch or
station ON the Southern Pacific Railroad
likewise in this Parish. with such other
branches as may be deemed necessary and
proper. aud with the right to extend the
Railroad either above or below the herein
mentioned termini. if deemed necessary or
proper.
To carry and convey property and persons
upon said road and branches. by steam pow
er, electric power or any other power proper
to be used thereon.
And also to construct and operate such
lateral branches OF railroad from said ni,in
line, from such points said line and TO
such terninl as the convenience of said
company may hereafter suggest.
ARTICLE ".
The Capital stock of said corporation is
hereby declared to be fixed at the sum of
Fifteen Thousand Dollars to be represented
by One hundred and fifty shares of the sum
OF One Hundred Dollars $1,000 each, which
said stock shall be paid tor in cash when
subscribed for. or same may be issued at not
less than par IN payment Tor property ac
tually received or purchased by said corpo-
ration or for labor done therefor. This cor
poratlon may commence business as soon as
the said stock has been subscribed.
ARTICLE V.
All corporate powers of said corporation
shall be vested in and exercised by IA Board
OF Directors to be cOn posed of three stock
holders who shall be elected annually on the
first 'ionday of May OF each year, beginning
in the wear 1894. All such elections shall
be held at the office of said corporation under
the superintendence OF two commissioners
to be appointed for that purpose, by the
Board OF Directors, OF which election ten days
| prior aotice shall he given by publication i'll
| IA paper published i'll tho Parish ofLatour
| che.
| Each share Of stock shall be entitled to one
vote, to be cast by its owner or by proxy
| given in writing to party holding stock
and IA majority of the votes cast shall elect
| A failure to elect Directors on the date a
hoee specified shall not dissolve the corpora
| ton, but the Directors then III Office shall
| continue to act until the date fixed for thu
the next regular annual election. The hold
ers of the molority of the stock shall, at al
| times, have the power to, and may, at any
time, call special election for a Board o
| Directors by publication made by the SAT-
majority above provided, and may holt
such election at such time and place as the.
may designate within the Parish OF Latonr
che. py two commissioners appointed b.
them. and the Board of Directors then IL OF
flee shall be removed by SAID election, an'
| the IL embers of the Board thus elected a
said special election shall take their place
| rstanter and elect their own officers, and b
the ouly true and legal Board of Directors c
said corporation until the next election Il
llert rtinbetore provided.
Vacancies occurring in the Board of ID
rectors shall be tiled by the remaining ID
rectors and two of the Directors shall com
pose a quorum for the transaction of bus
ness.
At the first meeting following each electic
| said Board OF L irectorS shall elect one
their number to be President and Gener
Manager of the Railroad Company, and sha
also e ect one ot their number to be Secretal
and Treasurer; and the President snail
may appoint FROM time to time, or dismiss