The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-06-03
CHARTER.
-Ot' THE
LAUREL WILEY AND ROUSSEAU
STATION RAIL ROAD
COMPANY.
e. s. OF A AMEkICA.
STATE OF LOUISIANA,
PARISH OF LAFOURCVE.
CHARTER.
e. S. OF AMERICA.
STATE OF LOUISIANA,
PARISH OF LAFOURCVE.
Il d. A.,x-

DE IT KNOWN. THAT on THE FIRST
ID day of May 1893.
Before me, Philip f. Legendre. Deputy
Clerk Of Court and Ex-Dtficio Notary Public,
i duly commissioned and qualified for the ar
ish Of Lafourche, and in the presence Of the
| witnesses hereinafter named and uadeisi IA
| ed,
| PERSONALLY CAME AND APPEARED.--
The undersigned parties who declared that
avalling themselves of the provisions OF the
| laws If the State OF Louisiana relative to ihe
organization OF corporations, they have con
| tracted and agreed. and by these presents
| they do covenant and agree and bind and
obligate themselves as we'll as all such per-
sons as may hereafter become associated with
| them or their successors. u form and con
| stitute Il corporation and body po,itic in law,
tor the objects and purposes aud under the
| agreements AID Stipu'atio,s 5 follow ing. to-
| wit:
ARTICLE l.
The name and title OF salG corporation
| shall be -! He. LAUREL VALLEY AND
| ROU SSEAU STATION RAIL L DAD COM
| fANY."
| BY that name said corporation shall have
| power nd authority TO exist ANA etjoy sue
| cession tor the tnll term and period oi Ninety
| nine ta9j wears from and after the dav and
| date hereof 10 contract. sue and be sued ;
| to make and use a corporate seal, and the
to hold receive, lease. purchase, ALLEVIATE and
| convey as well as mortgage and hypothecate
property real. personal aud mixed: To name
| and appoint such mama gers directors, utii-
| GERS OF agents us the interests OF the said
corporation may require. and to make aud
| esta ulsh Guch bylaws, rules aud regulations
! for the proper management and regulation
of the affairs OF the said corporation as .uay
| be necessary and proper and the same to
| change and alter at pleasure.
ARTICLE 1t.
| The lomiclIe of sli,i corporation shall be
| in the Parish of Lafourche, State OF :.ouis-
| ana, and all citation or other legal process
| shall be served on the President of said Cor
| POI alton 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. and the uatlire of the business
to be carried on by it are declare and speci-
| fled to be-
| To survey, locate, construct and operate
railroad with one or more tracks from IL
point or or near the Public Road on tie
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 20 extend the
| Railroad either above below the herein
mentioned termini. if deemed necessary or
! proper.
| To carry and convey property and persons
upen said road ard branches, by steam pow
! er, electric power or any other power proper
to be used thereon.
And also 10 construct and operate such
| lateral branches OF railroad from said main
line. from such points on said line and to
such terlrinl as the convenience of said
| company may hereafter suggest.
".
The Capital stock Of said corporation is
| hereby declared to be liked al the sum of
| Fifteen Thousand Dollars TO be represented
by One hundred and fifty shares OF the sum
of One Hundred Dollars (SiO0l 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
| tually received or purchased by said corpo-
ration or for labor done therefor. This cor
poration may commence business as soon dis
the said stock has been subscribed.
ARTICLE Y.
All corporate powers OF SAID corporation
shall he 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
be held at the office of said corporation under
| 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 il
IA paper published III tho Parish otLaiour
che.
Each share of stock shall be entitled to one
vote, 10 be cast by its ewner or by pro>
given III writing to party holding stocl
aud a majority of the votes cast shall elect
failure to elect Directors on the date a
hoee specified shall not dissolve the corpora
| tioil, but the Directors then In Office shall
: continue to act until the date fixed for th
| 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 special election for Board o
Directors by publication made by the san
majority as above provided, and may hol
such election at such time and place as the
may designate within the Parish OF Laiour
e che, uy two commissioners appointed b.
them. and the Board of Directors then in OF
| flee shall be removed 10y sa!i election, an
the IL embers of the Board thus elected Il
: said special election shall take their place
instanter and elect their own officers. and b
: the ouly true and legal Beard OF Directors
sad corporation rntil the next election d
hereinheiure provided
Vacancies occurring in the Board of ID
rectorS, shall be filled by the remaining ID
recturs and two of the Directors shall coin
pose quorum for the transaction Of bus
L | ness.
e Al the first meeting following each elac. 10
z | said Beard OF directors shall elect one ,
c their number to be President AID G.ner,
i Manager the RHiiruad Company, ana sta
also cert one % their II unhtrto be Sacretat
aud Treasurer: aud the President Snai
= i. ty appoint irum tune to time, OF dismiss