The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-10-28
The Tehnnntepee Railroad COMPANY

AhS AehuahtepeC haIlfOad company.
E The Books Subs rrton Of this Company are
open its Office, No 81 Camp following is the
proposed Charter and the Prosperous to be 'lgned:
OUTLINE OF CHARTER AND ORGANIZATION of the
~ ,IeRMnn1GtePec Railroad Company, to be estab
The capital be soOooO0, Of which third
99 privileges etc. and the remaining $5NoOo he subscribed
It. The subscribers pay 80
SGrgg-Sg Twelve months thereafter The remainder allied by
6lfys Pn6i noGe Not more tn $21 70 Ie called in each
Is'hmus OF Tehuanepec, between such shall
which may connect the tsrnni Of the road viii
me OteIn an Gu o. MeEo and to provide safe harbor
any t9e period "hsn they may deem alyssoe cut Cana
~ The shares the Company be only entry
"T Iqoks 70 be Kept n such oe. he chosen
lug To $3.50 OuO is actually pail Then shares are 10 he issued
wei 70. Mr.. Hargog' as for the money subscribers
New Orr with power appoint other
csfea mS % ss pFoPfF6 for s # %
wn9e capital not then pile the books open till the capt
to e he E T ane Ssptt', hen me larger
ton ~ be edu ed whilst there another subscriber for larger
" Tn Company be managed by direct-n
no fs each Director 10 own at least twenty sharrshe Director,
Company. As capitol fe he Comm
se6ers to elect Board and rnze A. mss emd ee G
m snare nave vote, to be given m person or proxy hs
Tor Directors each year to be held month before Close OF
when sh be provided for in the Seven pct ,
ne quorum Directors supply their body
VII Directors may their choice enforce the payment OF an,
called nstaimen forfeit the stock Of The deaug subscribed
VII! The Comany shall suecs to al the rights and be ,b
Mexican Government-Rni snail fully and fa,
eTcu The agreement made between the Permanent Commute
TX No dividends declared till at least onehrI
% ysar % the 6rs' NEE ing Of directors. If any DIV .nd, he
prior Of ali the Sork y the Com,
ny tand 10 no event these works conle ed as mp ted
Is IN iul CPsr.on from end 70 end, w'th train.
pai ths y t I & "Gfrng to % Sn I
ed to the ct the balance Ode their stock Those due to
Mr. Hargous shall be paid Ohw as his stock con fall paid
No scnher, default called shall be emit
psu to IyIs % "f3s sI WIZ, be M 20 aean "G5 p' Ne
he allowed MIR Hag saes, although u pd than to tn Sc
X. It's conaon q the dn,fer by Mr.. Hagon HI,
On the road iii IS fn e. This caasa not 10 apply tie ft
a d%E r Sh e IRE So s e. e9E m @ 70 any
during which expenditure be prevented by beyond
lon 5s59.rsd BY the C9nRo"y he money may s
and road etc but 10 loan sh2 be maze tor sum greater han half
P1duo sl .6oOO Of be hur,heo Of he loan sh e
hons ave pai ia ~ the ,ubscrles Any declared during
lab r the oan but shall be towards the exiting
Xii Tie MONEYS heretofore advanced by the citizens of New
Orleans The deyiug of preliminary sha be refunded
XIII IKE Rire Of SO suEcr5ed PoSis"nSy IN
m e S[T under hST SG t ns Sc % sg y ID
pai BY sad nroysi-n subscribers for fastening the
payment OF s Il instrument re CURED under the chirs to be pad
undersigned, the number
be orgurze1 on he p,'n forth tn. out us
| The OId fIgns OF Our sabs'Tpu
III five dollars per share pant taken part pay
men OF the hF nsa required subscribers the pro-
/ posed charter.
II material change be IN the contemplated charter
each suhstro who dsaP Iurh hWg shall be entitled
whrsw ,bis s2rpon, and dollars per
| paid.
Tbs prid making survey the
lsthHus ny Major Barnard, officer be CHI
by the Permanent Comm tee his default That Committee
| suleuntenl and cuutTo the eNpen IIture.
The Once will be open during the usual business hours.
PETER CONREY, JR., Chairman of the
Permanent Committee.