The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-06-03

H fy-nitii I8T az Nav IN3f.
BefnI+ me. tAELE kNoBLnCH. Nefety
dniy commissioned and qualified II
the r risit / LatutIrche. and IN rhe presence
OF the Witnesses hereinafter named and I'm
PERSON ALLY CAME AND APPEARED
The nndrr@ gnrd partiss who declare. sl.at
Themselves of the provisions of the
II tine State OF Louisiana relative to The
organization ut corporations, they have con
tracted and agreed. and hy these presents
they DO covcUtEF aud agree and tind and
obligafe themselves a. we'll as all snch per
sons as iuay hereafter 10. came associated with
flrm on their successors. 10 form and con
stitute "A corporation and body polite III law.
tor the objects and purposes and under the
agreements ard siluu tations following. to-
wit:
ARTICLE l..
The name ana title of said corporation
he ,lIIE BUSH GROVE AND BAYOU
RAIL ROAL COM PANY."
BY that name sad corporation shall have
powc or nj auihntitI ~ eAi-t and e}jov SUE
c.-s-i"n for the inll term and period OF Ninety
nine t92l Years fran and after the day and
date leie"f: - contract. SUE and b. sued
TO make anG use a corporate seal. and the
same to break or change DIT p'ed-nre !;
to hold. receive, lease. purchase. ALLEVIATE and
convey as well AS mortgage aud hypothecate
property real. personal aud mixed to name
ana appoint SUCH Eldud1tTs. directors, OH
GERS or agents as the interests OF the said
corporation may require. and to make aud
establish such bylaws. rules aud re@u atoms
for the proper management and regulation
OF the affairs OF the said corporation as may
be necessary aud proper and tie same 10
change and alter at pleasure.
ARTICLE Ii.
The doIrIciie Of said corporation shall he
i'll the Parish Of Lafuurche. State OF i.ouisi-
- - Ill - ..A rta- LTD -Az4
shall he served on the President Of said Cor
poIatiou ana in case OF his absence or any
other reason why he cannot be served, upon
one OF Tie directors thereof.
ARTICLE III.
The purposes for which this corpcra'ion
is established aud the nature OF the business
10 be carried Oh by it are declared and speci-
fed to be -
To survey. locate. construct and operate a
rail road with one or more tracks from d
point near the public road opposite the town
OF Thibodaux 70 a point near the Rousseau
Swith or Station on the Southern Pacific
Rail Road. in the Parish of Lafourche, with
such other branches as may be deemed nee
essary and proper and with the right to ex-
tend the Kali load either above or below the
herein mentioned termini, if deemed neces.
sary or proper.
To carry and convey property and persons
upon said road and branches by steem pow
er. electric power. or any other power proper
TO lie used thereon.
Aud also to construct and operate such
lateral braE ches OF Rail Toad from said main
line from such points on said line and 10
such terniiui as the convenience OF said
Company may hereafter suggest,
ARTICLE ".
J The Capital stock of said corporation is
hereby declared 70 be fixed at the sum OF
Fifteen Thousand One Hundred Dollars to
ho represented by Six Hundred and -Four
| Shares oil the sum Of twenty-five Dollars
fS25 on each. which said stock shall be paid
for in cash when subscribed fO- or same
may be ASSURED at not less than par in pay
lnent Tor property actually received Or pur
| chased by said corporation o. for labor done
therefor. This corporation may commence
business as soon as the said stock has beer
subscribed.
ARTICLE V.
AL corporate powers Of said corporation
shall be vested in and exercised by a BoarC
OF Directors to be cou posed of three stock
holders who shall be elected annually on thu
first ttonday of May of each year. beginnin!
in the year 1894. All such elections shall
be held at the office OF said corporation under
the superintendent of two commissioner
to be appointed for that purpose, by tn,
Board OF Directors. of which election ten day
prior notice shall be given by publication il
d paper published in tho Parish ofLat0ur
che.
Each share of stock shall be entitled to on.
vote, to be east by its owner or by proa,
given III writing to d party holding stocl
and a majority of the votes east shall elect
A failure to elect Directors on the date a
hove specified shall not dissolve the corpora
ton, but the Directors then in office shall
continue to act until the date fixed for tn
| the next regular annual election. The hold
ers of the majority Of the stock shall, at al
times, have the power to. and may, at an
time, call a special election for a Board O
Directors by publication made by the sal
majority as above provided, and may hol
such election at such time and place as the
may designate within the Parish OF Lafonl
che, by two commissioners appointed b
them, and the Board of Directors then in o.
flee shall be removed hy SAID election, an
the IL embers of the Board thus elected a
! said special election shall take their place
instanter and elect their own officers. and b
the ouly true and legal Board of Directors {
said corporation until the next election a
hereinbetore provided.
Vacancies occurring in the Board of ID
~rectors, shall be filled 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 electio
said Board OF directors shall elect one
. their number to be President ard Genera
Manager Of the Railroad Company. and sha
: also elect one Of Their number TO be SecretaT
aud Treasurer; aud the President snail {
may appoint from time to time, or DISMISS {
pleasure such officers, clerks or agents q
may be deemed necessary for the purposes an
= business of said corporation.
said Board of Directors may make an
; establish as well as alter and amend irol
5 time to time any and all bylaws, rules an
regulations that they may deem requisit
( for the government, support and manag
ment of the business and affairs OF SAID Co
2 poration-Said Board shall have the pow'
a.I .I.4 = .,+,. 1nhFc ho4.o