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STATE BONDS TO CORPORATIONS.

State Treasurer

one-fifth of the

134. [SEC. 1602.] It shall be the duty of the State Treasurer to 1855-87. subscribe for the State for one-fifth of the capital stock of any rail- to subscribe for road or plankroad company organized in this State whenever he capital stock of shall be authorized by a special law to do so.

certain compa

nies.

Governor to

135. [SEC. 1603.] For the payment of any such subscription thus made, it shall be the duty of the Governor to issue coupon issue bonds. bonds, in the name of the State, to the order of the railroad or plankroad company, signed by the Governor, countersigned by the State Treasurer, the Auditor of Public Accounts and the Secretary of State, and under the seal of the State, payable forty years after the date thereof, and bearing interest at the rate of six per cent. per The bonds shall be in the following form:

annum.

$1000.

UNITED STATES OF AMERICA.

No.

Know all men by these presents, that the State of Louisiana acknowledges to be indebted to the Railroad or Plankroad Company in the sum of one thousand dollars, which sum the State of Louisiana promises to pay, in current money of the United States, to the order of the company, in forty years from the date thereof; and also to pay an interest at the rate of six per cent. per annum, payable semi-annually, at the office of the Treasurer of the State of Louisiana, on the first day of of every

year, upon the delivery of the interest warrants in the margin hereof, until the payment of the principal sum, transferable by indorse

ment.

In testimony whereof, the Governor of the State of Louisiana has signed these presents, and the Treasury of the State, the Auditor of Public Accounts, and the Secretary of State have countersigned the same, and the seal of the State is hereunto affixed.

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And said bond may be transferred by the indorsement of the Secretary of the railroad or plankroad company.

Bonds to be is

136. [SEC. 1604.] The bonds of the State shall be issued from sued only in

proportion to the other stock

time to time for an amount equal to one-fourth of the amount paid in.

Bonds to be taken at par value.

President to

furnish a state

of stock paid in

actually received by and paid to the company, to whose order the bonds are to be made, from its other stockholders.

137. [SEC. 1605.] All bonds, issued according to the provisions of the preceding sections, shall be received by the companies in whose favor they are drawn, at their par value, but in case they should be sold for more than their par value, the President of said company shall pay into the treasury of the State the excess received and this excess shall be applied to the reduction of the appropriation to be made for the payment of the interest on said bonds.

138. [SEC. 1606.] It shall be the duty of any railroad or plankroad company in which the State shall be a subscriber to its capital ment of amount stock, upon application for an issue of bonds in payment of the to the Governor State subscription, to furnish the Governor with a statement of amount called in, and received on the shares of stockholders, and on the statement being duly made to the Governor, certified to under oath or affirmation by the President and Secretary of the company, he shall cause to be delivered the bonds of the State in payment of its subscription as before provided for.

139. [SEC. 1609.] The Governor, by and with the advice and Directors to be consent of the Senate, shall appoint three Directors to serve in the Board of Directors of the company, who shall serve one year and until their successors are duly appointed.

appointed by the Governor.

Manner in

may loan its bonds.

140. [SEC. 1610.] Whenever the General Assembly shall by a which the State special law authorize the loan of public bonds to any railroad or plankroad company, the bonds shall be issued in the same manner and on the same terms and conditions as is provided for in the issuing of bonds for subscription to the stock of railroad or plankroad companies, and the current interest on said bonds shall be raised and paid in a like manner.

Governor to

appoint liquida

the business of

rations.

141. [SEC. 1612.] Whenever the charter of any corporation in this State shall be decreed forfeited by any competent court, the tors to close up District Attorney of the district shall forthwith inform the Governor insolvent corpo- of the fact, who shall thereupon appoint a Liquidator to take charge of and liquidate the affairs of the corporation, as in case of insolvencies of individuals. In case of death, resignation or removal of any Liquidator so appointed, the Governor shall fill the vacancy; and in case of refusal of any person appointed to act as Liquidator, he shall appoint the District Attorney of the district, who shall be dispensed with giving bond and security. This section shall not apply to banking or other corporations whose liquidation is otherwise provided for by law.

STATE INTEREST IN CORPORATIONS.

1860-186.

Louisiana and

Orleans to cast

stock owned by

142. [SEC. 1660.] The Governor of the State of Louisiana, and Governor of the Mayor of the city of New Orleans be, and they are hereby Mayor of New authorized and required, to cast the vote of the stock owned by the the vote of the State of Louisiana, and the city of New Orleans respectively, in all the St te and meetings of stockholders for the election of Directors of said com- Orleans in all panies, in the same manner and to the same extent as individual the stockholdand private stockholders vote therein.

BONDS OF STATE OFFICERS.

the city of New

the meetings of

ers for the election of directors

143. [SEC. 1597.] The bonds of all State officers shall be made 1855-81. payable to the Governor of the State of Louisiana, and those of Bonds payable parish officers to the President of the Police Jury of the parish.

to Governor.

to be canceled

nor.

144. [SEC. 1598.] The Governor is authorized to raise and annul, on the application of any interested party, all bonds with official bonds security and all mortgages which have been furnished by any public by the Goverofficer who may have resigned or died, or whose office may have expired by limitation, or when dismissed from office, whenever there shall be no opposition thereto, after public notice, and when he shall be satisfied that the duties and obligations imposed by law on such public officer, and for the faithful performance of which the bond and mortgage had been furnished, were either by him or his successors or assigns faithfully executed.

be given.

145. [SEC. 1599.] It shall be the duty of the Governor to give notice in French and English, by publication during thirty days Public notice to consecutively in the official paper, to all persons interested, to show cause in writing, at the office of the Secretary of State, within ninety days from the last publication, why the bond and mortgage, for the canceling of which application was made, should not be by him raised and canceled.

when opposi

146. [SEC. 1600.] Whenever after such notice any opposition shall be made, it shall be the duty of the Governor to refer the Proceedings parties to any court of competent jurisdiction, that it may be decided tion is made. on their respective rights according to law.

Special mortga

147. [SEC. 2402.] All persons holding office in the State of Louisiana, and who, being bound by law to give security, have 1855-311. availed themselves of the privilege to give a special mortgage under ges given by existing laws, are authorized to have such special mortgage trans- may be transferred on other property, by applying to the Governor in the manner property. hereinafter specified.

public officers

ferred on other

148. [SEC. 2403.] It shall be the duty of all persons disposed to How transavail themselves of the preceding section, to apply by petition to ferred.

the Governor of the State, who shall appoint two discreet and proper persons to value the property offered in lieu of that already mortgaged; and if, by appraisement of the property to be made under oath, it appears that the value thereof is sufficient to answer for the sum required by law for their securities, then it shall be the duty of the Governor, after accepting the new mortgage, to have the same recorded in the manner directed by law, and to raise, annul and cancel all anterior special mortgages, so far as the State may be interested.

1855-44.

A Commis

COMMISSIONERS TO TAKE TESTIMONY OUT OF THE STATE.

149. [SEC. 596.] The Governor of the State is authorized to appoint one or more persons of known integrity and learning as sioner for each Commissioners for each one of the States and Territories of the State to be apUnion, who shall reside therein. Governor.

pointed by the

REQUISITIONS.

150. [SEC. 1615.] The Governor may in his discretion deliver 1855-151. over to justice any person found within the State, who shall be and how made. charged with having committed any crime under the Constitution and laws of the United States or of any State or Territory.

Delivery, when

Governor authorized to deliver up fugitives.

151. [SEC. 1616.] Such delivery shall only be made on the requisition of the duly authorized ministers or officers of the Government within the jurisdiction of which the crime shall be charged to have been committed, and upon their paying all expenses atExpenses, when tending the apprehension, confinement and delivery of the party

paid.

quire evidence

accused.

152. [SEC. 1617.] It shall be duty of the Governor to require Governor to re- such evidence of the guilt of the person so charged, as would be necessary to justify his apprehension and commitment for trial had the crime charged been committed within the State.

of guilt.

1867-281.

Custodian ap

Governor.

CENTRAL OFFICE OF NOTARIAL RECORDS IN NEW ORLEANS.

153. [SEC. 2546.] The Governor of the State, by and with the advice and consent of the Senate, shall select a Notary Custodian of

pointed by the said office, who shall enter upon the duties of his office immediately after the passage of this act, and whose term of office shall be for two years.

Term of office two years.

1855-456. Surveyor Gen

SURVEYORS.

154. [SEC. 3740.] There shall be a Surveyor nominated, and eral and Parish by and with the advice and consent of the Senate, commissioned by the Governor, for each parish of this State, who shall reside in the

Surveyors to be appointed.

parish of his appointment. The one appointed for the parish of Orleans shall be ex officio Surveyor General of the State. Before they enter on the duties of their office, they shall take the constitutional oath well and truly to execute and perform the duties of their office; and, moreover, shall give bond, with good and sufficient security, to be approved according to law; the Surveyor General in the sum of six thousand dollars, and the other Surveyors in the sum of two thousand dollars, payable to the Governor and his successors in office, and conditioned for the due performance of the duties of their office.

NOTARIES PUBLIC.

is

of

155. [SEC. 1566.] The Governor of this State be, and he hereby authorized to appoiat, by and with the advice and consent the Senate, as many Notaries Public in the different parishes of the State, as may be deemed necessary.

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156. [SEC. 1567.] The Governor shall be authorized to grant 1855-322. leave of absence to Notaries Public for a period not exceeding eight Leave of abmonths, to date from the day of the permission granted by the granted. Governor.

Notaries Public thus permitted to absent themselves shall be required to name and designate another Notary Public to represent them during their absence.

sence, how

Certificate to be

157. [SEC. 1568.] The Governor shall not appoint or commission any Notary Public in or for the parish and city of New 1855-320. Orleans, who shall fail to furnish him with a certificate from the furnished by Judges of the Supreme Court, certifying to the qualifications preme Court. requisite to perform the duties of said office.

Judges of Su

1857-84. Number of No

taries to be ap

pointed by the

parish of Or

158. [SEC. 1569.] The Governor shall, by and with the consent of the Senate, appoint not less than forty and not more than sixty Notaries for the parish of Orleans, who, besides the qualifications previously required by law, shall [each] give bond, with one or more Governor in the solvent sureties, in the sum of five thousand dollars, subscribed in leans favor of the Governor of the State, and conditioned as the law Bond to be directs, for the faithful performance of his duties; which bond shall ries. be recorded in the office of the Register of Conveyances, in a special book kept to that effect, after having been duly approved by the Judge of the First District Court of New Orleans.

given by Nota

159. [SEC. 1570.] In making the appointments provided for, as well as in the event of the death, resignation or removal of any Manner of apNotary in the said parish and city of New Orleans, the Governor Notaries. shall, by special order, under the seal of the State, designate the

pointing said

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