St. Landry clarion. (Opelousas, La.) 1890-1921, 1910-01-08

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son, a Notary Public, duly commissioned
qualifed and sworn, In and for the Parish
ofSt. Landry, State Of Louisiana, in the
I~preFence of tine witnesses undersigned, per.
apnaIly came and appeared the several per.
sons whose names are hereunt0 subscribed,
who seyerally declared that awaiting them
selves of the provisions of the laws n con
stitution Of the State of Louisiana, in such
cases made and provided, to form n con-
stitute a body polite in law, they do hereby
organize n form themselves as wen as all
such persons as may hereafter become as
ISOLATED with them, into a body corporate
for the objects and purposes, and under the
agreements and s~tipulations following to-
wit
ARTICLE I.
The name and style and title of this corr
poration shall be the Avoyelles, Palmetto
and Gulf RailrOadGo. n by said name and
corporation shall have succession and en-
joy corporate existence for n during the
full period of ninety-n1ne years from the
date of this Act unless sooner dissolved. 1t
may sue n be sued, may make n use the
corporate seal with such device or fnScrip-
alter or amend at pleasure. 1t may make
contracts, purchase or receive grants OF
land or personal property orrightS OF way;
may acquire, own, hold n convey personal
and real property, and pledge, mortgage or
hypothecate the same. 1t may name ana
appoint such Officers, managers and Directs
ors as their interest or convenience may re-
quire, and may make and establish such by
laws for the management OF the AFFAIRS or
the corporation as may be necessary and
proper, not inconsistent with this Act of In
corporation; and generally shall possess all
the power and privileges which such cor
porations are and may hereafter be author
lied to possess under the constitution and
laws of this State.
ARTICLE II.
The domIcie Of this corporation shall be
the city of Opelousas, in he Parish OF st.
Landy, State tIoutslana.
AETICLE III.
The purposes for which this corporation
has been organized are as follows, to-Wit:
section 1.-Tolocate, construct, purchase,
own and operate q railroad with or
more tracks, with suitable turnouts, side
tracks, spurs and switches, with such guage
and construction, n upo such courses or
M~oreauYilie, through Plauchevflle and Pal
metto to 0pelousas, and TO such other point
or points as the Company may hereafter de-
terInfne upon.
Section 2-Talocate, construct, lease, pur-
chase, own, operate, maintain u use said
railroad tracks and such extension of its
lin or lines as SAID company may aeeI1
proper from time totine, and bestfor its In
tereSt; said Company shall not be restricted
In the exercise of these privileges to the
State of Louisiana, but may extend It's Rail-
road with any other line or lines of railroad
In this State or in other States as shall
authorize the exercise of said privileges;
and said company shall have the right to
establish and maintain proper elevators,
freight and passenger depots and other
buildings, appertenances and eOnVen1ef1ces
at such points on places as may be deemed
most expedient and convenient: and said
Company shah have the right to acquire by
appropriation or otherwise such property
as It may require for its tracks, switches,
spurs, fde-traek, road-bed, depots, eleVa-
tors, o. any other necessary purposes.
Section 3@TO lease, purchase, hold ope-
rate, maintain n use any connecting rail-
road or railroads or 70 consolidate with the
same within or W~ithoutthe state, ana make
one company under the name OF the ON
panies consolidating or any other name.
Section ito construct, establish or pur-
chase and thereafter to own, maintain ana
use such wharves, bridges, piers, harbors,
steam boats, ferrys, warehouses elevators,
yards, depots, stations and o8ler WORKS as
the said company may deem necessary, or
prosecution of The purposes for which 1t was
formed. and to manage and operate same IN
such manner as may be deemed 9 llKely
to ptomote the welfare of said Company.
Section $50 carry and transfer persons
and property upon Its said railroad and
branches and other c~Onveyances, n to re-
eeive for safe keeping n to store mer-
chandise n property In its yards, eleya-
tors, dep0ts and warehouses, md TO receive
such tolls and charges for such t~ranSporta-
time be established by the ycompany; to
make advances OF money or credit Ior
charges made by other TRANSPORTATION lines
upon merchandise or properly 70 pc trans,
ported upon its own railroad, or to be stored
in its depotS, yards, elevators and ware
houses, to such extent and upon such terms
and conditions as the Company may from
time to time establish.
Section 6.-To obtain ard receive by pur-
chase, grant gift, exchange, ssvtse, bequest
or otherwise both real ana peIsCnaI prop
erty; TO have n to hold such properly Ior
the objects, purposes nj interest OF the
company and the same to sell, or aIienate,
mortgage, h~ypothecate or cucumber.
Section ITO construct, maintain and
operate its said railroad or any part Of the
same n to have the right OF way across,
along, or upon any waters, axe pay, lnlet,
street, highway, TURNPIKE or,canaI winch It's
said railroad ma pass along, mtersect,
touch Or cross.
section $40 obtain by grant or other
wise from any parish, ward, city, town or
villa ge within the State or any other State
which 1t may pass, any rights, prtYi-
ieges, franchises OF immunfties, contribu-
tiGns or aid that any OF the said parishes,
,arishsWardS, cities, towns or villages may
ehoose to grant with reference to the con-
struction, manag cement, maintenance and
operation and use OF the railroad or rail
roads Of said Company, Its depots, cars, To-
ofeach and any such parishes, parlsh-Wards,
cities, town or villages.
Section 9.-To appropriate property &C.
cofdfng to existing laws or future laws.
Section 1910 cross, fnterSect, join or
unite its railroad or railroads or branches
with any other railroad or railroads hereto.
fore or hereafter constructed N the State or
Louisiana, or ii other State at n point
Its route, andupon the grounds OF such
other railroad or railroads elsewhere, with
the necessary ~turnouts, stdfngs,. spurs,
switches and other c~onyeniences In further
of the objects of its connection ana
business,
Section Ito purchase or lease from any
railroad company or corporation the rail-
ROADS, charter, franchises, property n ap-
purtenances thereof, and to maintain, use
and operate the same as a part of the prop
erty OF this company.
Section 11.-To borrow o or to pur-
chase or lease property on It's own credit for
the purpose of constructing, maintaining
and operating its railroads and branches, or
establishing continuous or connecting lines
hereinafter provided, and, as evidence
for such loans or for the purchase, lease or
construction of such property to issue its
corporate bonds on prOnlissory notes bear
Ing interest at such rate per as the
company may elect, payable at such time or
places as may be agreed upon and for secur-
Ing the ayIne OF such bonds or notes and
the interest thereon, to mortgage and pledge
its railroad or railroads. It's capital, its COR
porate franchises, and any and all of Its real
estate and personal property or both BY deed
OF trnst or ahT other form Of hypothecation.
ARTICLE w.
All citations and other legal process shall
be served on the President Of the company
or In his absence, pOn the Vice@PreSident,
secretary or treasurer OF said corporation,
or upon such other person as may be desig-
mated by the company.
ARTICLE v.
Section 1.-The capital stock of this ORD
ration is hereby fixed at one million dollars
g$lJ000,000.00], represented by 10000 shares OF
the par value of n undred dollars each.
The subscriptions to the capital stock are to
pc paid In installments, as called for by the
Board OF Directors, the total time allowed
for such payment being one year from date
OF hrst call, provided that not over twenty
nVe per cent shall be called for at one time.
Inls company tocommence business as soon
as i've thousand dollars CT its capital stock
snail have been subscribed for.
Section 1.-THE time and manner for pay
ing subscriptions for said stock of this cor
poration shall be determined by the Board
OF Directors, except that no stock shall be
issued by this company unless 1t be for
money or property actually received by 1t,
or for labor done.