The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-05-13
CHARTER.
% THE
LAUREL VALLEY AND ROUSSEAU
STATION RAIL ROAD
COMPANY.
e. S. OF AMERICA.
STATE OF LOUISIANA,
PARISH OF LAFOURCHE.
CHARTER.
STATE OF LOUISIANA.
PARISH OF LAFOURCEE.
DE 1T KNOWN. THAT ON THE FIRST
Il Aav NJ

before ME, fhllp +. Legendre. Deputy
Clerk of Court and ExOtficio Notary Public
duly commissioned and qualified for the F ar.
ish of Lafourche. and in the presence of the
witnesses hereinafter named and undersisn-
ed
PERSONALLY CAME AND APPEARED
The undersigned parties who declared that
avalllng themselves of the provisions of the
laws VI the State OF Louisiana relative to the
organization Ut corporations, they have con.
tracted and agreed. and by these presents
they do covenant and agree ami bind and
obllgate themselves we'll as all such per-
sons as may hereafter be come associated with
them or their successors, to form and con-
stitute corporation and body polite in law,
tor the objects and purposes and under the
agreements and stipu'ations following. to-
wit:
ARTICLE 1.
The name and title OF sala corporation
shall be CHE LAUREL VALLEY AND
ROUSSEAU STATION RAIL ROAD COM
PANY"
By that name said corporation shall have
power snd authority to exist and enjoy sue
cessiOn for the full term and period OF Ninety
nine l99l years from and after the day and
date hereof: to contract. sue and be sued !:
to make and use corporate seal, and the
same to break or change at pleasure ;
to hold. receive, lease. purchase. ALLEVIATE and
convey as we'll as mortgage and hypothecate
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 and
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.
ARTlCLEIl.
The domlcile of said corporation shall he
in the Parish of Lafourche, State Of J4ouisi.
ana, end all citation or 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 cannot be served, upon
one OF the directors thereof.
ARTICLE III.
The purposes for which this cnrporation is
established. and the nature of the business
to be carried on by it are declare aud speci
fed to be-
To survey. locate construct and operate
railroad with one or more tracks from u
point on or near the Public Road on the
front of the Laurel Valley Plantation in this
Parish, tc 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, and 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 n;,in
line, from such points on said line and to
such termlnl 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 (slo0l 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 for property ac
tnally received or purchased by said corpo-
ration or for labor done therefor. This cor
poration 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 Board
OF Directors to be con posed Of three stock
holders who shall be elected annually on the
first Monday OF May Of each year, beginning
in the year 1894. All such elections shall
the superintendent of two commissioners
to be appointed for that purpose, by the
Board OF Directors, of which election ten days
prior notice shall be given by publication in
paper published in tho Parish ofLafour-
che.
Each share Of stock shall be entitled to one
vote, to be cast by its owner or by proxy Y
given in writing to a party holding stock
and a majority of the votes cast shalt elect
A failure to elect Directors on the date a.
bove specified Oh Ill not dissolve the corpora
ton, but the Directors then in Office shall
continue to act until the date fixed for the
the next regular annual election. The hold.
ers of the mOjOrity OF the stock shall, ut all
times. have the power to, and may, at any
time, call special election for a Board Of
Directors by publication made by the said
majority as above provided, and may hold
such election at such time and place as they
may designate within the Parish OF Lafour-
che, Dy two commissioners appointed by
them. and the Board of Directors then in Of
tice shall be removed by said election, and
the III embers Of the Board thus elected ut
said special election shall take their places
instanter and elect their own officers. and be
the only true and legal Board OF Directors Of
aaid corporation until the next election az
hereinbef0re provided.
Vacancies occurring in the Board of Di
rectors shall be filled by the remaining Di-
rectors and two of the Directors shall CON-
pose quorum for the transaction of bust
ness.
At the first meeting following each election
said Board OF directors shall elect one oi
Il cir number to be President and General
Manager of the Railroad Company. and sha.
also ect one of their number to be Secretary
aud treasurer; and tho President sialI ol
may appoint from time to time, or dismiss al