New Orleans daily crescent., 1857-11-23

river to the Bay Of ACCORDING to ne con-
nsyas Ct md % ana
s
ans apon his e and provided
iIs.1'sfsi ARTICLE ILL., -s'- -r1a4 o
dollars divided into shares o
Ss sapes or Millions dollars shall be subscribed
'S"' sasif and paid for a. hsrsinsfsr provided
paid stock e the trustees who now hold
title % said aIay and soo grants q1dsr hs sns DEED d
he Of r F.lconset y, r.. nov holder
100000 shares
Lists of subscriptions shall opened the times and places
sf,er deductng subscriptions Of those who sign this
charter.
The payments to be the cash stock subscribed and to
be- subscribed aforesaid foows cent at the
nep IN ninety days and
b the IN n 9 %
shall be made by q not than sixty
days. in at least two newspapers published In
.... ARTICLE VI.
On this Company by said Trustees Of the
said said Garry g sGS s sss @ sa
millions Of dosr Of s m paid ean9 9sE
@ sp
ss,ss;
y .a.s @ I'd 5 BE q. S s parties The
whom said trustees are BY the terms OF sad trust
Ssns y ao sS,
b anx or under
either soc Garay except is provided in the
ARTICLE VII.
No dividend shall declared before the railroad is
The aa ss ds,f 1st
tolls the required for the maintenance OF
s s @ s
tolls to keep the dividends down 10 10 per Cent per an
shall impose Limitation the amoun. Of
s or any the
! poraton of freight and passengers ..~ ...
| ARTICLE VIII. .--t-
Mexican for the sloo grant. shall be paid
on and Company viii itself Of he share os
| soo grant
the city Of New Orleans which shall
domc by nine Directors Of whom least seven shall be per
The bse z. sss % elect
us'
sc @
Ha I'll h
| pany, in the hands Of any Of its officers.
| ARTICLE x. .u f.
as sy 'GhT ss nsRR
Duncan F. kenner shall the
81 The aoada
eligible Director unless he Is shares of s,sck
| s,e' -..T.. ARTICLE XII.
failure to shall dissolve the corporation
the Board shall the Of ITS sn o
meetings of stockholders shall be given by publication fifteen
advance in at least of the of New Or
ARTICLE XII.
In Of part subscriber the in
the Board Directors
after 3 ten day I Or % f0es s m W o w
5 s bs se ss1meS w
dais default hnN - s'0'N'''N' '''' p|''-'' WV ~
!. ARTICLE XIII. .-.I
At all meetings of the stockholders and at all elections ma
such meetings called for the purpose of ncres
sas sSt s
n or ,hs sns u
sppPeged March 1855 shall hs
hst he ss
o sn At al ]
represented shall govern
The President and Directors shall have power to al by
for the and ssS nneT be OF
property real or personal to do any thing Ing
herenbeore described with tracks they may deem
h e and s o a
purchase ali materials maehnes Vehicles teams ships vessel
or nssa S purposes pr COMPANY
hs sn ef
talon of passengers, freight and mails.
ARTICLE XIV.
shall power appoint all officers and
the Company their and thsn
other obligations at such terms and on such as
secure the payment thereof.
ARTICLE XVI .
stated Of The shall m be hsd
the last years. operations and business and for the
es
laid before the meeting by the President and Directors then
VI Besides President Directors
call others when they think and it shall be their duty
s
Of be held the office of the Company the city Of New
A. ARTICLE XVII.
books % shall sbs be kept in s the
transfer of stock shall be binding the Company until mac
m The Board of Directors shall be authorized to contract special
ny s shos IN in Of hs daps s stock Of o
@ Company shall have been exhausted.
ID ARTICLE NIX.
M AS will be enter into some arrangements vii
& q 5 s eTsss Ssa
R s ss Of e fs sa 0 for @o
and changes in SAID grants rs may seem EN- os @
interests of this Company
ARTICLE Xxx.
I'd A the expiration of the charter whenever the dissoI
0s elected by stockholders whose
be 10 OF the property OF Inc
and conduct busness to final on such terms AZ
us sha De pS Weeshs
regularly convened lor purpose'
expiration OF e present cnarter majority OF the
amount and number shall desire the same for
m further the stockholders dissenting
shall be bound transfer their desiring the
o;r newal, its fair value affixed appraisers mutual
Sr chosen for that purpose >"
W New Oreahs, July 80, 1857. .0. u . |.. -. .7
Emile LaSere. re.....................F Fifty shares.
John NJ. Bell ell.....-.-..........-.,.- Fifty shares
J. W. Burbridge. ................... Fifty shares.
J.L. Warner er...,................... Fifty shares
NJ Lionel G. Levy. ACKNOWLEDGEMENTS. Fifty shares
" W. +. Starke Fifty shares
il, Duncan F. kenner. Fifty shares
'P'' Alfred Penn. pro. Emile Iasere Fifty shares