The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-11-04

open Ofce No 6I Carp The following the
proposed Charter and the Prospectus to be Ilgned:
OUTLINE OF CHARTER AND ORGANIZATION of the
Ilhsd IN New orePSs company to be e''aD-
The capital SOOC0 of which onehr to be issued as
lands privileges and The remaining sGog0CO0 subscribed
H. The subscribers pay $40 the time Of sub
directors No call be made s6 at lime nd with
oV noet Not more than $40 70 be called in each
lsthmus Of TehuanePe between such shall be
side Of the hmus which may the with
at each end of the road The Company to have the power
across the sthmus connecting the naNgbe the opposite
" Tn. Company transferable only by entry
on rs tansr BOOKS 10 be p ~ such cities be chosen by
$500 O actually paid are to be issued as
well for Mr. HarEouI as for the money subscribers.
" Commissioners to be appointed r subscriptions
New Orleans with power to apgoG Commissioners in such other
certain tune to be allowed tor osrF subscription
whole capital not then hei the books TO remain till the cap
cTipps TO- h, TeH3ri in s ,,n @ o boi ma n no I
ton shall he reduced whilst there another subscriber for larger
u The Company managed by direction OF thirteen Stock
holders each Director twenty
Company As soon as the capS ss Sc aed he Commsoners s
S 10 5 ten B as pH r5an IT@ mss9g sn ct iS6 o
" GaEe M VOTE To- be Esn m person or 10y PROXY The
ior Directors each be held month
old Board 70 continue office until special election be had
stlute quorum Directors supply during
VII Directors may at their choice enforce the payment OF any
called amcn forfeit the stock Of the deaultng subscriber
V ", The Com"ny shall suees to all the right. and be sHe
grants the Mexican Governne-al shall fully and tary
sHeo@ the made between the Permanent Committee aud
*. No dividends declared till at, l,as, onehrl of the
one year from the first meeting Of directors II dividends
] % S %nS[r ym 'G ne sHi sal OF @ or from any other source
p3ny land in these works be considered completed
drawn hJ those uccng not
ed B @ OF b bnSs a sd m tq er sos I % bo s 5 To-
NJ lagops shall be paid ohm as hts stock iscondered full paid
usI 70 @9Vena ug,oeI WINS. he Is IN deon nor 'h1I he he
be allowed Mr Hugu shares, although paid than
T. IS con1"on oi the an fer ade by Mr. Hargops of hi.
on m the " oa '' m @ rs al l S% % ] % per- %@' @ IN a be eSps"ae5
year during which e uTve,ng engineering and preparatory
during which the expenditure may be prevented by beyond
XI II loan required by Company, money may
and Too az g i% @ {" m Tom3S S m Pe W n @ mortgage Of nsr an
tue cash paid by e subscribers and until The subscribers
By Mr. HUs rd No I osn SS'8 4s made Sl 3 ES %4 " s
C eTistcc Of oU sha not he pai 10 the bIe[s oT The
a6e tor the oan but shall be appropriated towards
&l The heretofore advanced by the New
s company, aeco"ng 70 the con- uon Of The
3 a h ~ snatSs OF IL sGas & SgnsGTSd P'Is"oa @ IN 1ntcaIe
'erpons made under this charter and the of five
prompt survy Of the road shall be imputed par
payment Of the first saen required charter to be paid
| at the time OF subscribing.
| PROSPECTUS:
We, the undersnged,
opposite Names the TehuaueTec Railroad Company which
is to be organized the pan forth
| The conditions of subIcTpt ua aTc
l. The I'VE dollars share pad he taken
men Of the first nsann required o subscribers p
| posed
q If any change made IN the Contemplated charter
each suscuh who drrp ng, shall entitled
w'lhaw this rUpu0u, and back the dollars
| share paid.
tn. money now p'il making survey of thu
lsltuus ~ Ajor Barnard, officer
by hr Permanent Comm IN hs default. That Committee Is Il
! suIe intend aud ruutrc. the expenditure.
The Gtce will be duHug the usual business hours
PETEF COEREy, JR.. Chairman Of the
| =, L. Permanent EPmUi.tRR,
y. fAiLaN, SjEFrslsfY, aga ~