The weekly Thibodaux sentinel. [volume] (Thibodaux, La.) 1898-1905, 1902-03-29
CHARTER.
STATE OF LOUISIANA,

STATE OF LOUISIANA,
CITY OF NEW ORLEANS,
| DE 1T KNOWN, that on the Twenty
- fourth day of the month Of March,
in the year one thousand nine hundred
and two, Before me,
| BUSSIERE ROUEN,
a notary public, I'm and for the Parish OF
! Orleans and City of New Orleans, duly
commissioned, qualified and sworn, and
| In the presence of the undersigned good
\ and competent witnesses,
Personally came and appeared:
| The persons whose names are hereun-
10 subscribed, who declared, that avail
! ing themselves OF the provisions OF the
! general laws of the State of Louisiana
relative to the organization Of corpora
tons, they have covenanted and
| agreed, and they do, by these presents,
covenant, agree, bind, form and consti-
| tute themselves, as well as such persons
as may hereafter join, or become asso-
body polite In law, for the objects and
purposes, and under the agreements
and stipulations following, to-wit:
AETICLE /.
The name of this corporation shall be
"NEW ORLEANS AND SOUTH
WESTERN RAILROAD COMPANY,
ana under said corporate name, it shalt
have power and authority to have and
enjoy succession, for the full term and
period OF ninety nine years from, and
after the date hereof; to contract, sue
ana be sued; to make and use a cor
porate seal, and the same to break and
alter at pleasure; to hold, receive, lease,
purchase and convey, as well as to
mortgage and hypOthecate property,
real and personal, cOrpOreal and incor-
poreal; To name and appoint such maIl-
ayers, agents, directors and officers as
Its business or interests and conyen-
ience may require; tn make and estab-
lish, as well as to alter and amend. from
time to time, such bylaws, rules and
regulations for the proper conduct,
management and regulation of the af-
fairs or said corporation as NAV be
necessary and proper.
ARTICLE II.
The domicile Of said corporation
shall be in the Parish of Lafourche, and
state of Louis lana, and all citations and
other legal process shall be served upon
the President Of said Corporation, or, in
the event of his absence, upon the Vice
President thereof; and i'm the absence
OF both of said officers, upon the Secre-
tary Of said corporation.
ARTICLE III.
The objects and purposes Of this cor
pOration are to locate, construct, own.
equip. maintain and operate a line of
railroad and it's branches, side tracks,
tramways and extensions, and also, a
boat or barge line in the State of Louis
lana, and to operate same by electricity,
or any other power in the State of Lou
isiana, and to those ends and for said
purposes, to acquire through purchase
or otherwise, all rights of way, fran
chises, privileges, options, etc, neces-
sary and requisite for those purposes,
and the said railroad rights of way,
privileges, franchises, etc. to mortgage,
hypothecate, lease, sell, alienate and
dispose OF at will, to purchase, hold,
own and dispose of stocks i'm other rail-
roads and tranways, and boat lines; to
lease a. ian ana acquire any and al Pr9Pe9rttXX, 9tX,
lent to the construction, maintenance or
operation Of such railroads and boat
line, and the same to let and lease, sell
or dispose Of at will to construct, own
and maintain hotels, restaurants, re-
freshment resorts, race courses, pleasure
gardens, picnic or baseball grounds, or
other places of public amusement at,
upon or near, the lines of such railroads,
and as adjuncts of the same and to the
business of the same; to buy, lease or
sell, to operate and control any appara-
tus, instruments or systems, patents, or
patent rights, or application for such,
and any inventions pertaining to the
operation of railroads or boats, by elec-
tricity, or otherwise, or to the supply of
the motive power therefor; to execute,
carry out and discharge all the obliga-
tions incurred by the persons who may
have s, acquired the rights Of way, fran
chises, privileges and property which
the said corporation may acquire from
said persons; to construct, maintain,
operate, lease, convey, or otherwise dis
pose Of the electric apparatus, ap-
pliances and plants for the purpose of
and supplying motive power to
stores, dwellings, factories,
light or other power to the general
public; to generate, manufacture, sell,
utilize, employ and supply electric cur
rent for light, heat, power and other
purposes, or any other form of light
and power, and, for said purpose, to
purchase and sell patent rights, or Ii
cense privileges, machinery, property,
real or personal, electric or other works,
and whatever else may be necessary in
the transaction Of said business; to con-
duct, carry on and operate the business
of a common carrier for freight, passen-
gers, express, u. S. Mail and each and
everything pertaining to and included
in the said business of common carriers.
ARTICLE Nv.
The capital stock of said corporation
is hereby fixed at the sum of ONE MIL
LION FIVE HUNDRED THOUSAND
DOLLARS, divided into and represent
ed by FIFTEEN THOUSAND SHARES
of ONE HUNDRED DOLLARS each,
payable as the Board of Directors shall
provide.
The capital stock may be issued and
delivered for the purchase Of property,
rights. privileges franchises etc ac-
quired by this corporation; also, In pay
ment, settlement and adjustment of the
costs, fees, charges, expenses and COM
missions incurred for services rendered
in the formation and organization of
this corporation, and In acquiring and
bringing about the purchase Of the
and franchises aforesaid; also,
for cash or property received by this
Company, or Improvements or additions
to property acquired by it.
The Board OF Directors hereinafter
created is specially authorized to dis
pose of the stock for any and all of the
purposes above stated, as i'm its judg-
ment shall seem fair and proper.
This company shall go into existence
and operation from and after the date
of this act of incorporation, and as soon
as One Thousand shares is subscribed
and paid in.
Ali certificates of stock shall be sign
ed by the President and Secretary, but,
in case of the absence, or inability to
act of the President, the Vice President
shall sign i'm his stead.
Books for the registry of stock and
transfer of the same shall be opened
and kept, subject to the restrictions
directed by the Bylaws. Transfers of
stock shall be made ON the books of the
company upon the surrender of any