New Orleans daily crescent., 1857-12-26
CHARTER
.... or The a-..#. ..s=--
LOUISIANA TEHU UANTEPEC COMPANY.


seal fourth hold receive purchase and convey
their both a. ss ana ses
their interest and convenience reque sixth to make and
ton of the affairs cooperation may be and
proper. ''s ~ bt=st
The said corporation established FOR the purpose Of con
carriage road from The head Of nsygao on h
sso isrssd i5en sad
81 a
Conducting The navga,9n Of said
a.. snsh
stock upon conditions hereinafter provided
ARTICLE III.
The capital stock Of said Company shall be ten millions OF
dollars of hundred dollars each which
sss hs sppIoprasd q foSxs. Vi .,., . ,,.,,..
psS fer DC
paid stock and delivered who hold
The title to said Gsray and soo grants under the deed
;epsssn,ns 1ss the rsh,; i Of sieonnss
81 The sloo grant under the decree OF the Mexican
Government.
100000 shares.
of subscriptions shall opened at the times and places
required by The sad A t. snsh other
much of said eight millions of cash stock may remain
charter.
ARTICLE v.
M on .n he he
time Of subscribing cent in sixty days th reaer
for BY tue Direction exceeding per
I ss y as not Gs % Ss
days. in at least two newspapers published in New Orleans
ART1cLE VI.
On conveyance this Company said Trustees Of the
said said dsa Il hs h as &c
M @ s
5
said for the Of said the eight per cent
Ths
to be used for the payment Of the debts and Liabilities
Satisfaction debts liabilities parties
convey same the exercise Of their sole and
ssoes ,ha, Company ' 1
BY any or under
eighth article Of this charter
ARTICLE VII.
No dividend shall be declared before the railroad
than its tos and whenever the receipts from
the road the Of running and dividend Of Is
80 The n Is per cs
aieie shall not impose Limitation the amount Of
its lands of other than tolls for the
portaton Of freight and passengers.
ARTICLE VIII.
The six hundred thousand dollars dvanced by Falcon
BY the Company in its bonds such be agreed
Mexican the profits provided ia said
Sloo grant
the city Orleans remain
% qaorH shall elect pssdsnt and sv' Vice
supply n that in the in M
Each share snail ts entitled z Legal
President or h address at the Office of the Com
| ARTICLE K.
ss rSR.
ors uDi Monday sss
annual and each Board shall be elected the third
duties Monday May following one shall be
eligible Director unless he owns shares OF steck
| ARTICLE XII.
failure to elect shall not dissolve the corporation
bn. Board in office shall m the its
meetings Of stockholders shall be given by publication er
| leans.
ARTICLE XII.
In Of failure te part subscriber the
stamens stock required the Board may
after days advertisement notice in writing forfeit tn
such previous notice advertisement compel
su and stockhoder shall be permitted to vote whilst
ARTICLE XIII.
At all meetings the stockholders all elections
that such tnss are called for the of
Of s IN be h G or III
Legislature of Louisiana entitled for the organization
be
d ne 1s io d
binding action in the at other meetings Of
represented shallg govern.
| ARTICLE XIV. e..
The President and Directors shall have make all
laws for the proper and sgnla of bust
name property personal any thing
for the repair or main of The road
determine the line and oc on of the roads,
all 4ec
@ s nd all % @ s sd an then
every thing and effect the objects Of hi
tation of passengers, freight and mails
ARTICLE XIV.
of the Company fix their then
at sa n on e
may deem best and mortgage the property Of the Company
: ARTICLE XVI.
stated annual meeting Of the stockholders shall be held
lat ,oe and bs @
ino the condition Of the affairs at which meeting full stat.
,j%s Of
stockholders take into matter, tn
held at the office of the Company in the city Of New o.
leans.
Certificates siosk to hs
/ on its stock books.
Directors shall authorized to contract special
for work labor materials lands and eff cts to be furnished
Co g a"1s s % s s s OF
[. Company shall have been exhausted.
"a ARTICLE XIX.
AS will be enter into arrangements wi
the Government Of Mexico and that of the United State
Messrs Emile Lasere and j. p Benjamin hereby made
joint of the Company with full power TO wi
either both of said Governments for such modification
amendments changes in said grants most ut
for securing full and perfect projection for the rights
interests of this Company.
ARTICLE Xxx.
AT the expiration Of the charter whenever the ssoui
of the corporation shall render its liquidation thu
commissioners shall be elec by the stockholders whose
it shall be to take possession the property Of the Compal
and conduct it's business final liquidation such
in such shall he determined meeting of
Ms holders regularly convened for that purposes and IT, at
be number, shall 10 renew the
further the stockholders dissenting such
shall be bound transfer their desiring
newal at its fair value to be affixed by appraisers mutua
" chosen for that purpose.
New Orlea 8, July S0 1857.
| EHlle laSere f1lty shares
John NJ. Bell. F fly shares.
]. w. Bufbridge Fifty shares
j. l.. Warner. Fifty shares.
OF Lionel u. Levy FIFTY sha{s.
W ". star r MY shaScs
~ Duncan F. kenner ...... Fifty shares
Alfred Penn, per pro. Emile LaSere. Fifty shares.
John Sideli, per pro. Emile faSere. Fifty shares
o. 7. A. Hareous,
). r Beidauin riity shares
Mt D. penegre.. Fltly shares
The undersigned Mortgages and for the
s and city If New Orleans certie the within charter
recorded this day in his Office in book society No folio A.