New Orleans daily crescent., 1857-12-29
CHARTER
-Or The
LOUISIANA TEHUANTEPEC COMPANY.

The corporation shall be called the Louisiana TehIanepec
have enjoy saecsssion by their corpoiass nane
sss ss sae
. to a 1,s and
appoint nsnssers directors md oiess .
u
proper.
ARTICLE II.
The said corporation . established for the of
pon. on the Bay 4 in is
i Bay to- .eeosas s L.
dSns s as .d
according the and conditions Of said grants
er
ARTICLE III.
divided into h.ss Of dollars EACH which
ss g be
10000 ssss. %lIeas q ass.. sa. be Issued
s tile said and sioo under hs
Of trust .Iseu,sd sy E a HaIgGgs fol himself .nd as
The sIoo grant under the decree of he Mexican
Government.
100000 shares. as.
Lists Of subscriptions shall be opened the times and places
and places the determine for subscription to
after dedncne the subscriptions Of those who sign this
subscribed and
be subscribed aforesaid follows At the
cent in ninety and the remainder called
shall Be- M
days. in at least two newspapers published in New Orleans
| ARTICLE W.
On the to this Company by said Trustees of
% s Ga srs and 8 S
the aforesaid two millions Of dollars OF fun paid
h ss 5
o ue Be s The
whom said Trustees are by the terms of said trust
ls
n n Of
either the said sloo Gara the
| ARTICLE VII.
peed The Company shall not derive
tolls shall exceed tho amount required for the maintenance
hs anga s
tolls as to keep the dividends down Is
This tee shall impose any limitation amount
the
| portaon of freight and passengers
s ARTICLE VIII.
net to the Mexican for he oo grant shall BE- pat
s s s as s
the Mexican in the net profits provided in sale
ARTICLE TX.
The business Of Company shall be conducted It's Office
domc BY nine Directors e whom at least per
spS
dent Of their body and shall have elect Direct
annual At elections Directors and at ali meang
Vote Legal service ea
and al against s hs h
pany, in the hands of any of its officers
/ ARTICLE K.
gms 4ss5e Bell sa Penn Hss
shall II the @
each Board shall hirt
% 0 IA ls Mssay 1 the S
eligible as Director unless 25 shares Of stock
Il ARTICLE XI
failure to elect Directors shall dissolve the corporation
but the Board in office shall continue the
% s b All syeo ss F
advance in at least two of the of New
In case Of failure on the part OF subscriber the in
@ on ms oek as reged ae Board Of Directors may
sock and for the benefit Of the Company or nay with
hSa
At all meetings of the stockholders and all elections
jority Of the stock represented at such meetings shall
diminishing opa The copany o.
Be saa
h % oe sss' e AXE ss s
hodsrs esetons majority e present.
The President and Directors shall all
to hold receive purchase and convey corp
@ s s roa
Ss
al for ths
steamboats,, all by them
useful for hs purposes IF ths COMPANY
H'sf'a
. tation Of passengers, freight and mails
n n ARTICLE XIV.
The @ h have AZ Rs appon all and
pleasure may money therefor bonds not
obligations at such and such conditions
deem best and mortgage the property Of the Company
secure the payment thereof
ARTICLE XVI.
week before the election of Directors receive report
the last years. operations and business for the essmna
,hs Ne
BESIDES @
m 1 he spa Rs u
Of the stock Of the Company to call meeting Of
hs cs@pasy III mss'ass 81
held at the Office of the Company in the city Of New
ARTICLE XVII.
q a Ss sp 81 n s ss si 5
transfer Of stock shall be binding the Company until
~ ARTICLE XVIII.
The Board Directors peca
for work. labor, Materials lands and effects be furnished
the Company payable in whole or in part in the stock Of
Company, until the whole capital
W. Company shall have been exhausted. @
't- ARTICLE XIX.
As will be necessary to enter into some arrangements
al the Government of Mexico and that of the United
Messrs Emile LaSee and j. p Benjamin hereby
N joint agents Of the Company, with full to
either both of said Governments for such modifcatic
amendments and changes in said may
cous for securing full and perfect protection for the rights
zee interests of this Company.
ARTICLE Xxx.
At the expiration of the charter whenever the dssolu
of the shall renders liquidation
commissioners shall be elected BY the stockholders whose
shall be TO take possession OF the property of the Compa
and conduct business final liquidation such
in such shall be determined by meeting of ste
holders regularly convened for that purpose and H.
expiration of the present charter majority OF the sockod
oil further the stockholders dissenting from suc
ses shall be boun! to transfer their stock to those desiring the
nu newa at its fair value TO be affixed by appraisers muu
;, chosen for that purpose
Ike New Orleals July 80, 1857.
Emile LaSere. Fifty shares.
John NJ. Bell. Fifty shares.
j. W. Burbridge. itty snaes.
we D. L. warner rllty slareS.
w. Lionel " levy. fily shafes.
erh W f. Starke ke.-.....,.........,..Fl FliS shares.
NH Duncan +. Kenner. EtS shares.
one Alfred Penn, per pro. Emile LaSere. Fifty shares
ng, John sidell per pro- Emile LISere Fifty shares
gar Per pro. J. P. Benjamin. One hundred sh,
IT, j. benjamin FIFTY shares
ht on D. nenegre.. Fmy shares
rely -
The undersigned Recorder Of Mortgages in and for the
ions city Of New Orleans cerihes that the within charter
recorded this day in his Office in book society Ned folio B
New OrIeaus Aupust 1857 7