The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-11-16

E The Books Subscription stock Of this Company
open Office No. 81 Camp The following the
proposed Charter and The Prospeetus TO be 'Igned
OUTLINE OF CHARTER AND ORGANIZATION of the
.a S Nls Railroad Company to be s'tab
The capital s9.OOOOoO which be
lands privileges and the remaining sGOoO bs subscribed
IL The subscribers pay SO each shsre time sub
scrbngso in twelve months thereafter remainder called
6Osys Plb notice Not more tn $40 % be called in each
sthmus Tshuanepse such shall be fixed
Of may connect with
e Pacific oses and Gu O. Mexico and 70 provide ae hareor
any future period 'en ey may deem sdvabie to cut Canal
" Tn. ,hares the Company be tranabe only bv
transfer books be kept such cities chosen by
directors No sares to be ls:pei until the rst amount
vel qt Mr. Hsrgoa, a for the monsy subscribers.
New 0rssns, power appoint Commis,icnrs
g e oRs he .uSor5a sSsS s
whole capital then fei the books till the
tai he II The SuhseP6ns eieed the capital thel the larger
VI The Company be managed by direction of thirteen sock
ho ders each Director to own az least twenty shartbe Director
Company As soon the pl shall he fed he Coni,.ione
. sa 10 oy ia q sS IN Two A. e9g n s
each share to have vote 70 be gwen person OF py proxy The
Directors year held before
continue in Office special can had
which shall be provided for the Seven Directors
l -
VII directors may their choice enforce he payment any
called nsamen forfeit the of the defaung subscriber
VIII The Com shall succeed all the rghS and be liable
AL ne dntes ap o6gaSn o. Mr. HsrSau as a,snss o. the
the made between the Permanent Committee aud
TX No dividends till ssast one-third of
subscriptions paul NO lands shan De so W the eNplrl3n Of
one year from the first NEE ing Of directors II any dividends be
declared whether ym the sI OF land or IRON any 9le
and these works be con,de ed as completed
t the Railroad is in full operation from end to and with Train.
drawn by steam cars those ao1rung to subscribers w0 have not
led payment the balance due their Those due
NJ hagoGs sha oe p9li nm as s STOCK ~ PAID
yea 70 ddend "e,a ed Ns he IN dsian nor hs he be
be Hargous shares although paid,
soSSon SEfn no1 the S R @ e. made by Mr. ng hi.
on he FoaS an Is 6Ss % fb claus not 10 sppy to ie 6rs
year ring ~hleh The surveying eng neeog aud preparatory
during which expenditure by beyond
XII iosn required by the Company the money may h
M y @ss han Sa
up 6si Me- no part % q he n ogae III 5 al ne & loan & Sh
hons ave paid in " he ubsrbers Any dividend decSre dun
lab but shall be aFpp lated towards the esins
XII. TIE moneys heretofore advanced by citizens
b h dsirsyl2g OF miaaTy m & e1Psne Pc s be
Kill The stosk subscribed povIsInn v in antics pa
ii Il the formation Of this Company hal be cons, ee % 81
pu BY said nrovisi mai subscribers for hsenng the
pa,sn Of the d. nsamen required under the charter to be Pat
at the time OF subscribing.
We the undersigned, the number shares
opposite th Tebuantl Railroad Company which
orErize he p'n forth in the xed out;ne
| The ordrions of our srbl ript
Tn five dollars per share pad be taken part pay
Of tho first nsta required OF subscribers under the pro
| posed char r.
II material change he made contemplated charter
suhscnb who t'sarp such hang shall ertted
whTaw this SUI sTipOn, and back the dollars
| share paid.
tn money p'1 is intended for making the survey th
thmus by Major Barad other officer that be chosst
BY The Permanent his default. That Committee
| NIpermtenl and couro the expen
The Office will be open during the usual business hours
| PETER CONREY, JR, Chairman of the
| Permanent COMMITTEE.
! Il. FALIoN. Secretary. or I'm