The Colfax chronicle., 1900-08-11
CHARTER
OF THE
Louisiana Railway Co.

d. IL. Otdtudul, Notary PuDlic In AMI TO
said parish and State, duly qualified
commissioned and sworn, and in tn,
presence OF witnesses hereinafter named
personally came and appeared w. L
Whitaker, ST., of Selma. La, G. NJ. d
Grigsby, of Jefferson, Texas, ]. ID. Grigs
by, of Marshall, Texas, w. L. Whitaker
Jr., of Texarkana, Texas, w. H. Mason
Jr., ard w. @. Roberts, of Alexandria, La.
who declared, that, avaiing themselve.
of the general laws of this State relative
to the organization of corporations fol
work of public improvements, they dt
by these presents covenant and agree
and bind themselves to form, and d(
hereby form themselves into and consti
tute a corporation under the following
agreement and stipulations, which they
adopt as their charter, to-wit;
ART. 1.-The name and title OF said
corporation shall be LOUISIANA RAILWAY
COMPANY, and it's domicil shall be il
Selma, Louisiana.
ART. 2.-It shall have power to have
and enjoy succession, and to retain its
corporate existence by its said corporate
name, and, for period of % years from
date hereof, to conaract, sue and be sued,
to make and use a corporate seal, and
the same to alter at pleasure, to hold,
lease, purchase, sell and convey, as well
as mortgage and hypothecate under its
corporate name property both real and
personal, to borrow money and give secu-
rity therefor, to name and appoint such
managers, directors and officers as its in
terest and convenience may require, to
make and establish such by laws and
rules for the proper management aud
regulation of the affairs Of this corpora
tion as may be necessary and proper.
ART. 3.-All citations and legal pro-
cesses shall be served on the President
of said corporation, and in case of his
absence on the Vice President, and IN
case of the absence of both upon the
Secretary.
ART. 4.-The object and purposes for
which this corporation is organized and
the nature of the business to be con-
Quoted by it, shall be the building and
operating and owning. during the exist
ence OF the corporation, a Railroad from
point in Concordia parrish, La, at or
near Vidalia, extending westward thro ugI
the parishes of Concorlia and Catalonia
to point on Little river at or near Sim
mons Ferry. thence through the parish
of Grant to the line of the st. Louis, Iron
Mountain and Southern Railway Compa.
ny, crossing same in the NV "a of the
NE : of section 20. township 8 north,
range one III east, three hundred aud
forty y-two t342) feet from the point on the
north line OF said section where the ST.
Louis, Iron Mountain and Southern Rail-
way Company line enters it. tue angle of
crossing being twenty five degrees and
twenty-five minntes, thence in westerly
direction through the parishes OF Grant
aud Winn to point on Red river be-
tween Montgomery and Colfax, at or
near Lake Nantaches, aud to buy and
lease any connecting lines OF railway, or
form connection with any railway. and
to build such branches as may be deem
ed necessary, and to own aud operate
any and all passenger and freight, trans
fer boats, telegraph and telephone lines,
that are necessary for the proper conduct
and management Of the affairs Of the
ARr 5-Capital stock of the corpora
fion shall be $4,000 %. aud shall be di-
vided in 25O shares Of one hundred dol
lars each. Payment of said stock shall
be made IN cash OF its equivalent, at such
times and In such manner and upon such
notice as may be- prescribed by the Board
OF Directors, who shall have power to Is
sue full paid worcestershire stock in pay@
mens for property acquired, or for the
purchase o: franchises.
ART. 6.-All corporate powers OF this
shall be vested in a Board VI
Directors. The said board shall be elect
ed annually on the first Tuesday in July
of each year. The election shall be held
at the Office of the company, under the
of three Comm ssiohers ap-
pointed by the Board Of Directors. A
majority of votes will elect, and one
vote shall be allowed FOR each share of
stock represented by the holder in per-
son of written proxy Thirty daye notice
shall oe given by newspaper published
at the domicil of the CONF pany, or in case
there is no newspaper published there
then by newspaper published in the
parish where the domicii is located. prior
to the holding OF the annual meeting.
The Board Of Directors shall, at the
regular annual meeting. elect out Of their
own number President, Vice President,
and also Seer etary and Treasurer, who
may not he members of the board. ANY
vacancy occurring from any cause shall
be filled by the remaining Directors. A
of Directors shall constitute a
quorum for the transaction OF business.
ART. The first Board ef Directors
shall be, w. L. Whitaker, ST., w. II. Ma
son, Jr., w. L. Whitaker, Jr., j. ID. Grips-
by, snd w. G. Roberts. or whom w. \.
ST., shall be President and Cen
eral Manager: w. c. Roberts. Vice Pr al;