The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1907-09-27
RI of the same and to have the right

1 part OF the SAME anu I ' ""S
of way across, along, or upon d
waters. lake, bay, inlet. street, hlen,
way. turnpike or canal which It's SAID
railroad may pass along, lh'ersec''
touch or cross.
SECTION 8. To obtain by grant or
otherwise from any parish, parish
ward, city. town or village, within
this state or any other state n
which it may pass. any rights, prlvl-
lepes. franchises or immunities. contrl-
buttons or aid that any OF the said
parishes. parish wards, cities, towns
or villages may choose to grant with
reference to the construction, man.
agement. maintenance, and operation
and use of the railroad or railroads
of said company, It's depOts, cars, To-
cOmotives and it's business within the
limits of each and any such parishes,
parish wards cities, towns or villages.
Section 9. To appropriate property
according to existing laws or future
laws.
Section 10. To cross, intersect.
ioin or unite its railroad or railroads
or branches with any other
railroad or railroads heretofore
or hereafter constructed in the State
of Louisiana, or any other state al
any point upon it's route, and upon
the grounds of such other railroad or
railroads or elsewhere, with then nee
~essarv turnouts. sidings, spurs,
switches. and other c~onveniences IN
furtherance Of the objects OF its con-
nectiOns and business.
Section IL. To purchase or lease
from any railroad company or cor
poration the railroads, charter. fran
chises, property and appurtenances
thereof, and to maintain use, operate
the same as a part of the property OF
this company.
Section II. To borrow money or to
: purchase or lease property on It's "
credit for the purposes OF constructing,
= maintaining and operating ITS rail-
t roads and branches, or establishing
continuous or connecting lines as
e hereinafter provided, and as evidence
: for such loans or for the purchase,'
lease and construction OF such
property. to issue its corporate
r bonds or prOmissory notes Dear
ing interest at such rate per an
mum as the company may elect, pay
able at such time or places as may be
agreed upon and for securing the pay
ment of such bonds or notes and the
J, interest thereon, to mortgage and
pledge it's railroad or railroads, its
}, capital, it's corporate franchises. ano
s any and all of its real estate and per-
sOnal property, or both by deed OF
y trust or any other form of hypothe'
cation.
ARTICLE ".
All citations and other legal pro
a cess shall be served on the preslden
a of the company or in his absence
upon the vice-president. secretar!
or treasurer of said corporation, o.
upon such other persons as may bt
n designated by the company.
&c ARTICLE v.
Section l.. The capital stock o
this corporation shall be one million
dollars. represented by two hundret
r and fity thousand shares of a pa
70 value of twenty-five dollars per share
=. THE subscriptions to the capital stool
:, to be paid in instruments, al callet
~ for by the Board of Directors, tn
'lss total amount payable mo- less thai
~ twelve months from the first call: pro
~ vided that not over % per cent hal
- be called for at one time o shall
~ more than one call be made ever.
sixty days.
Section 2. The time and manner TO
e paving subscriptions for said stock o
this corporation shall be determines
y by the Board of Directors, excep
that no stock shall be issued by thl
company unless it is for money o
IL property actually received by it or TO
:. labor done.
~ Section 3. In case of the failure @
u any subscriber tn pay the whole o
anv part of his subscription at tn
- time or in the manner fixed by tn
=. Board of Directors, the shares G
~ stock so subscribed for and all pay
ments previously made thereon. a
VI their option may be forfeited to tn
company for the Board of Director
after service of written notice and fail
ure to pay.
Section 4. No stakeholder of sal
90 corporation shall ever be liable O
responsible for it's contracts or fault
y in any further sum than the unpai
-. balance due the company on accour
= of the shares of stock owned by hin
nor shall any mere informality in OF
ganization have the effect of renderin
this charter null or of exposing tn
~ stockholders to any liability beyon
the amount of his unpaid stock sui
NV scription.
:: ARTICLE VII.
a The corporate powers of this con
-. pany shall be vested in a Board
Id Directors. composed of fifteen men
bers. The first Board of Director
to shall be constituted as follows: Gu!
or tave Fusilier, Julius J. Stagg, Jane
J, Lewis, Homer Barousse, L. f
n Arceneaux, Julian Mouton, P. l
Ne. DeClouet, Ed G.. VOORHEES,, Chas. [
h, Cahery, Jos. A. Villien, Cyprien L
n, Trahan, Alfred J. GODDARD, Jos.
es Ewell, Frank A. Godchaux, J. NelsO
Is, Green: of which James j. Lew
Is, shall be president, ]. Nelson Gree
vice-president and Charles d. CATER
i'll secretary-treasurer.
Sc The directors herein named sha
it hold Office until 1st Monday of Jul
'p- A. D. 1908, and annually thereafte
be on the first Monday of July. a gener;
ell meeting of the stockholders of sal
company shall be held, and there sha
fer be elected from among the stockhol'