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An Act to incorporate the Company of the Channel of Fausse Riviere in the District of Point Coupee. 1809 28 (1809)

handle is hein.slavery/ssactsla0026 and id is 1 raw text is: (28) CHAPTER XII. AN ACT To incorporate the Company of the Channel of Fausse Ri- iere in the District of Point Couple. Sect. 1. Be it enacted LU the Legislative Council and House of Representatives of the Territory of Orleans in gencral assembly convened, That the inhabitants of Fausse Riviere in the District of Point Coupie, be and they are hereby authorised to establish a company, under the name of the Company of the Channel of Fausse Riviere, for the purpose of removing and carrying away all the drift wood and other impediments which obstruct the navigation of the channel, and to keep the same in good order as much as the locality of the place and the state of the water will permit. Sect. 2. And be it further enacted, That the above company be authorised to raise a capital of such sums as they may deem necessary to defray the expenses of such undertaking, that the total amount of the capital shall be divided in shares of twenty dollars, and that all the inha- bitants of Fausse Riviere who are all equkly interested, may become stockholders, if they desire it, and that no subscriber shall have the right to any greater number of shares than any other subscriber, unless an adequate sun cannot otherwise be obtained for the accomplish. ment of the object herein contemplated. Sect. 3. And ,be it further enacted, That the said con. pany shall be authorised to hold their meetings twice a year or oftener, at the time and place which to them may appear most convenient, and that the deliberations and resolutions of the said company shall be taken by the plurality of votes and by ballot, every share entitling its owner to.one vote.

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