The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-11-05

now open at its office, No 81 Camp following is the
proposed Charter and the Prospectus to be signed:
OUTLINE OF CHARTER AND ORGANIZATION of tbe
~ tes naHLepec Railroad Company, to be esab-
lpald to Mr. Hargous payment the grant including ali the
2Rd etc. and the remaining $6O0OO he subscribed
The subscribers pay the time OF sub
directors no cal to be made for than $40 at nd wi
III The Object the Company 69 Ra 9 S Sn bc
iehuantepec between such enn as shall DO fixed
proper surveys ana navigate by vessels the
SIDE OF TIE Sihms which connect the rmni of the
the Pacific Ocean and Cult OF Mexico provide
SGEG gnI OF m road The Company also to have the
the lSIhmus connecting the navga6e waters the opposite
~ The shares of the Company transferable only by entry
On books 10 be Kept N suG9 cities as may be chosen by
ny TO- s1s9o actually paid Then shares be issued
to lie appointed Tor receiving subscriptions
Eg% Orleans with power apsont Commissioners in such other
certain time to be allowed Tor cos subscription il The
whole capital then hel the boob open the capt
. Ge 1t me subscriptions exceed the capital then the larger
ne Le eu whist there " another subscriber for larger
VI The Company mana ged by OF thirteen Stock
no ers each Director TO own at least twenty athe Directors
Company As the cap shall he ed he Commisiones
cbS to ten B G @n Sr 5%9 "e"'paP meeting Of sub
eaeh share to have vote to he person proxy.
ton for Directors each yesr month before close Of Term
of Dice then office In elect at time liked
old Board special election can be hSj
%iSG ha be provide TOR m the bylaws Seven Directors con-
quorum Directors to supply vacancies their body during
called lnamen or forfeit the stock OF the detaug
VIII The Company nhal the rights and be liable
to all the dulee and obligations OF Mr. Harg7us
the agreement made between the Permanent
No dividends to be declared till one-thr of the
@ Tr Is Ra No lands shall be sod ~ the expiration
declared whether from the sales of land any source
rony land as completed
by steam cans Goe accrinr To- sscer S
G Isir stock IN full shall not be pad to them but shall be mpu
NJ argon shall be paid ohm, his paid
ea to dividend declared whilst he is de, shall he be
be allowed Hargous shares although @ pl Ran 10 boe
Of Subscribers, even though only Part paid
ut, and 1n hat at least G % per an6um shall be expended
during which The surveying, cheering and preparatory
TTTT Hby mot sqs 80 large an ezneml any year
when e expenditure may he prevented by beyond
lhG ToniTol Of the COMPANY
5G s By the Issue Of bonds secured b. hs mortgage their
the cash p he he l s e nH H iU SUN greater han hal
e H b. M. Hlg R9 part S q bnTG Of The loan shall b
lions ave ped IN ' the 1g9iebers Any dividend declared
ape 9t me ol but shall be appropriated towards the extngnh
XII The moneys heretofore advanced by the citizen, of New
NV b l9r @ dGsygg Of preliminary expenses shalt be REFUNDED
. NIL Ihs shares of stock subscribed Professionally, in anoapa
'crpOns under his chartsT and the inst oe6 Of "a M
nl BY said provisional subscribers for fastening the worE b.
h o. ne nv required under the charter pa
PROSPECTUS;
We the undersnged subscribe for the number paset
opposite our Names the Tehuantepec Railroad
is to be organized on the pau forth the annexed outline
The conditions Of our subsrIipti are:
The i've dollars per pad to be taken as part
posed chErasr NSA 'ii0 P1'
Ii any change made in the concentrated charter
Withdraw this sui s;rption receive bach The hive rs
share paid. - " NS-~'' Ie
The money paid intended for making the survey Of h
py major Barard other officer that
aperlntend and control the expenditure. "
The oa'os will e open during NJ u'gsl bsns;s hcprl,
kNfEf JpHhk1, ia, Chairman bf -
" tAAhsF sss:Sgss. s"'a'''h' "