New Orleans daily crescent., 1857-12-15
Ha @ CHARTER a
-oF The
LOUISIANA TEHUANTEPEC COMPANY.

or The period years. second contract sue and
fourth hold receive and sonyey
M s s1d su:
heir convenience require; sixth to make ana
ea sss sais and
proper. e.. }. d
The corporation estabshsd for The purpose Of con,
@ s hss ss ay
snd Of s,ssrae.ing also sslr9ad from said
g
&c the e %
asree associates under hi. charter such per
.sms
ARTICLE III. 5-za
osss asdsd dollars each which
se sapes eight millions q shall subscribed
and paid for as hereinafter provided ~ /, . ,,u
paid "s and hed
y trust executed By r A. Mssgeus himself
the o dc xssss
Government.
100000 shares.
Lists Of subscriptions opened at the times and places
sna psoes Is he Directors may determine subscription
Of said eight Of S an oss stock % as ss
charter.
be subscribed aforesaid foows ten cent at the
s of sdsV sp s s
FOR BY Direction not exceeding ten per cent,
psynenss sssn shall % se made BY I
days in at least two newspapers published in New orleans
-.s ARTICLE VI
On the to this Company by of the
said Il sa Ga sr1 s s19 Il a e
TIustees the millions dollars full paid stock
for Of said trust and ssd stock shall be s1ns
afd said aid Board further
S s o
han
% The asSs S @ be a. e s ears the
%hem sad
the ii Of their hn s0s and Ss
S he no
sher
eighth article of this charter.
ARTICLE VII.
No dividend shall be declared the railroad Is
The shall mot derive net
tolls shall exceed required for the Of
the road the Of and en o p R
keep the dividends down 10 Is per cent per an
shall impose any Limitation the amount Of
that the may ,n from a sa o or
| portation Of freight and passengers
| ARTICLE VIII.
The hundred thousand dollars advanced by F. F. Falcon
net to the Mexican soo grant shall be paid
its m may S be agreed
the Mexican in the net profits provided In said
Soo grant.
The business the Company shall conducted its office In
city Of New shall al It's
Of said city Four Directors shall form
dent out of their body and shall to
Ss
Of may be given in Or BY
and al s @ M sss sd s e
pany, in the hands Of any of its officers.
| ARTICLE x.
Emile Lasere, John N Bell, Alfred Penn. v st.,ke.
and Duncan f. Kenner shsIi compose the Direct
Monday ss IT. The 5 sh. I,
Of b h s e ans shs Is
eligible Director unless he Is shares of stock.
ARTICLE XI.
to elect Directors shall not dissolve the %
Board can be elected Al notices Of election sSd o.
advance in at least of the newspapers of New Or
leans.
staments on stock required the Directors may
sss snd ssa for Of the Company
dsfau ss nn' no '''kn0'' 'na permitted vote whist
At all meetings Of the stockholders all elections
orty of the stock At such @ shall
ing diminishing the capital stock Company
% @ f. ss
G ha ps be or ns
the g valid
holders, and all elections majority Of those
ARTICLE XIV.
The President and Directors shall have to make all by
to hold receive purchase and convey corpo
@ s @ % s
eenbefore with as many tracks as they may deem
for The
for the company
ss
tation Of passengers, freight and mails.
ARTICLE XIV.
The Directors shall have to appoint all officers and
o ee ose
other obligations at such terms and on such conditions as
secure the payment thereof
meeting the stockholders shall be held
week before the election of Directors receive the
the last ears and business and for the
the financial and other affairs Of the shall
Besss d tbs the Presdsn and SH
oneft of the stock of the Company call meeting of tn
i interest Of the Company Ali meetings Of soakheidss sha
be held at the office of the Company. in the city Of New
+ ARTICLE XVII.
@ sS o as @ s be p h e si S ap
transfer Of stock shall be binding on the Company until mac
The Directors shall be to
Company payable whole, part the stock Of i
Company, amount OF the capital stock OF VI
T. Company shall have been exhausted.
le ARTICLE XIX.
As will be enter into some arrangements vii
@ sra St Dnd nf a, % are ss eqaSS
joint agents of the Company with full power to wi
either both of said Governments for such modification
and changes said grants most ud
securing full and perfect protection for the rights
interests OF this Company.
ARTICLE Xxx.
At the expiration of the charter the dissou
of the corporation shall render its liquidation necessary thr
it shall be take the the Compan
and conduct itsbusnes Ga liquidation, such
in such shall be determined meeting
holders regularly convened for that purpose and it,
h expiration OF the present charter majority ockhoe
M tem stockholders dissenting from such
~ shall bound transfer their those desiring
m newal fair value to be affixed by appraisers
- chosen for that purpose.
New OrleaLs, July 80 1857.
Emile IhSere. Fifty shares,
John NJ. Bell. FIFTY shares.
j. W. Burbridge. flity shares.
of j. j.. Warner. rliiy shares.
Lionel G. Levy ................ FIFTY shares.
Ds, W. E Starke. snares.
Duncan f. Kenner. FIFTY shares.
Alfred Penn per pro. Emile LaSere Fifty shares.
: John Sldell, per pro. Emile LaSere, Fifty shares
TO- P. A. Hargous,
j. P. Benjamin. Fifty shares.
nv nv ID. Denegre. tliiy shares.
ns r u Hebert.. fHty hhares'
The undersigned Mortgages in and for the pari
Nnu u