The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1897-06-26
CHARTER.
UNITED STATES OF AMERiCA-STATE
OF LOUISIA\A-raRISH OF
ASCENSION

eighteen hundresl aud ninetys ven and of
the Independence of the United States of
America the one hundred and twenty-hrst,
before ire. Robert Nichols Sims. Jr, IA nota-
~ public, duly commissioned and qualified
in and for the parish of Ascension. State of
Louisiana, and in the presence of the Wit
nesses hereinafter named and undersigned.
personally came and appeared the several
persons whose names arr hereinafter sign, Il,
ahO severally declal &c that, awaiting them
selves of the powers. rights and privileges
conferred by the statutes ofihe State Of Lou
isiana relative to the organization al cOrpo-
rations in this State and incorporated under
revised statutes OF Louisiana under sections
:3s3, 3e4, $50. or and Cos and act OF the gen.
eral assembly nf III" State OF Louisiana for
the year 1880 amending said St cGion of the
revised statutes of 1870, bearing the number
125 of 1880, passed April 10, 1881. do, nv
these presents form, organize. constitute and
found a corporation for the ohje is and pur-
poses hereinafter set forth and enumerated
and to that end they do hereby covenant
and agree to form and constitute and do. by
these presents. organize, form and constitute
themselves and all such other persons as here
after become associated with them, wlefherby
purchase, subscriptions, transfer. succession
or otherwise, INTO II body corporate in polite
and in law and hereunder bind themselves
and all others who may hereafter become
associated with them to be governed by the
following stlpulationS. obligations and regu
lations as articles of the charter of this cor
poration to-wit:
ARTICLE ].
The name and title OF this corporation
shalt be LAFOURCHE SUGAR BELT
RAILWAY COMPANY.
ARTICLE II.
This corporation sh Ill enjoy existence for
and during the full term of ninety-nine 1897
years from the date of the execution of these
PRESENTS.
ARTICLE III.
The domicile of this corporation shall be in
the town of DOna ldsonville, parish of Assem-
sion. state of Louisiana, and citation and
other legal process shall be served at SAID
domicile on the president of this company
and, in his absence or inability te act. said
citation or legal process shall be served on
he vice president.
ARTICLE ".
This corporation shall be possessed of full
power and authority to sne and be sued in
It's corporate name and through its proper
officer may hold real and personal proper
ty may make and use a corporate seal and
change same as it may deem best and prop.
er; may make any and all contracts NAV
accept and receive any ami all grants of
lands and per, onal property and shall poss-
ess fully any and all powers. privileges.
fishte and imn unities which corporations
are or may, 10y any genera law OF this state,
oe authorized 20 enjoy and possess. and the
said corporation shall enjoy and exercise its
corporate rights and powers within the state
OF Louisiana and within any of the states of
the United States hat shall authorize the
same.
ARTICLE v.
The capital stock of this corporation shall
he xy,6 IA l.apnhu Il Ua,1 - }ix-. t.,,l,ol xl-.
sand dollars $500, 00O). represented bv five
thousand shares OF one hundred dollars
($l00) each. with the right to increase said
capital stock to one million dollars isI 900.
000l.
The said capital stock shall be payable in
such time and manner as shall be determined
by the board of directors, provided, however.
that no call shall be made upon any stock
holder for the payment of more than fifteen
per cent ISL of the stock subscribed for at
any one time, and the balance Of said stock
shall become due and payable in instalIments
in such time and manner as the said board
of directors may determine.
In the event OF the failure on the mart Of
any subscriber to pay the installment or in
stailments on his stock as required, the
board of directors shall have the right of for
felting his stock or the amount previously
paid thereon, after thirty 1907 DAYS written
notice to the delinquent, and no stakeholder
shall AVE the right to cast his vote during
the time he is in default of the payment of
the stock or any part thereof.
ARTICLE vi.
This corporation is hereby vested with the
following powers, rights'and immunities:
LIST. To construct. locate. lease, own, pur.
chase, use, maintain and operate one or more
railroads. with one or more tracks and all
the necessary, appropriate and suitable turn
outs, all being of such grades of construction
anO npOn such cnurse or route as a maiority
OF the directors of this corpol alton shall in
their judgment deem most expedient and
best tor the interests OF the stockholders of
this corporation.
The said road IL to begin at the city of
Donaldsonville or its vicinity. in the parish
oil Ascension. state of Louisiana, &C or near
the Mississippi river. and To Iuu along the
west bank OF Bayou Latourehe to at or near
the town of BERTHE. Assumption parish. in
the state OF Louisiana, where, or about where.
the said railroad shall cross the said BAYOU
Lafourche. thence to run along the east
bank OF said Bay on Lofourehe to. at or near
Lafourche Crossing. in the Parish of Latour-
che, state of Louisiana, where or about
where the said railroad shall i~ntersect tile
Southern Pacific railway, said railway to run
at such distance frou the banks of BAYOU
Latourche as shall be determined by the
board OF directors.
End. To locate, construct, own, purchase,
operate. use and maintain such branchiroads
and tracks as this corporation, through a
majority of its directors, shall or may. from
time to time. deem best and proper and ex-
pedient. and, for the interest of this CORPORA
ton, to locate, construct. own, purchase.
tease. maintain and operate same. and this
corporation shall not in any way be confined.
limited or restricted in the enjoyment and
exercise of this power, right. privilege and
immunity in the state of Louisiana. but shall
have the right to connect their main line or
branch lines with any other line or lines in
other states which shall empower and autho-
rize the exercise of such rights. pri vileges
and immunities within their limits.
Sd. TO use, construct, acquire and pur-
chase in tins state aud in an other state
u hen authorized and thereafter 70 maintain,
use, lease and own suitable wharf or wharves,
piers. yards, steamboats,. warehouses. hsr-