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CHARTER OP THE Clinton Branch Rail Road Company.AN ACT to Incorporate tbe Clinton branch Lull Road Company,PREAMBLE.Wiikmur, a corporation, styled Iho Clinton Branch Rail Road Company, 1ms been created under the Act nr the Legislature, entitle! *'Au Act for the organization of Corporations lor works of Public Improvement and Utility.” approved, March the twelfth, eighteen hundred and lifty tun. wlilcli said corporation wm enacted in the following words, to wit:We. the undersigned, agree In form onraelves Into a corporation under the laws of ilia slate of Louiai-ana, hereinabove set forth, for the purpose of con struct!ng a Rail Rood from the town of Clinton. Parish of Hast Feliciana, running through the Pur ieh of St. Helena, to some point of intersection, on the line of the New Orleans. Jackson, and Gr.-at Northern Railway, and for tiiut purpose wo bav formed the annexed Charter, and have signed the name.CHARTER OF THE COMPANY.Section 1. The said corporation shall lie called th- Canton Uranth Rail Hoad Ompany, nnd its domicil he ilxed ill the town of Cliulon, in the Parish of Km-1 Feliciana.See. 2. The said corporation is established for the purpose of rniistrucfing, worl.lng. and maintaining a Kail Road from Clinton, in the Parish of East Pelicimn. eastward. through the Parish of St. Helena to u point of intersection oi the Now Orleans. Jack-on, and Great Northern Railway, which shall he doomed the most fuvoruble after satisfactory 8urvc*j*.See. 3. The capital stock of tic company Is fixed at Five Hnudrml Thousand Do lavs, divided Into twenty thousand shares of twenty-five dollars each. Payments shall lie made in such si ms anil ntsuch periods as shall he fixed by the Hoard of Directors.Fremdtd, That the subscription* may be paid in labor or materials, when such mod* of payment i- pro ferrcd by the sttitfcrlliors. Frtmled, alto. that no call shall be made for more than Un i-r out at om-timo. and sixty days notice of each call shall ho given by publication in one newspaper in tin- city of I New Orleans, and one in the toun of Clinton. Not I more than four calls shall lw made in one year.See. 4. The said corporation shall go into operation sud be organized, as soon as shares of stock to the amount of seventy-five thcusand dollars shall hivo Hp«h uii t-1l,r..t
Newspaper Details
The Feliciana Democrat
Clinton, Louisiana, US
Sat, Sep 01, 1855
Page 1
Full Page
Clipped by
East B.
LA, USA 16 Dec 2020
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