New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-12-23
.s,gi CHARTER
w.. t'4L 9s..a OF THE t'Fe tg
LOUISIANA TEHUANTEPEC COMPANY.

=
@ an
poraie seat fourth hold receive purchase and
their and q, may rease to make
ton Of the affairs Of the cooperation may be airy and
proper.
The said corporation 4 established fo5 he Of
sss ssIss ,i
Ct s y q
dos q said srsn. Ssray snd see md
he M
10 admit associates under this charter such
Stock upon The terms and conditions provided
ARTICLE III. 4
dollars divided dollars each which
hass % dollars shall be
and paid for hereinafter provided :,
pd ses aSse
s K s'y hs s
@ the s Of f. W nov holder
Government. |.
100000 shares.
+s55 ARTICLE ".
Lists Of susscrpons shall be opened at the times and places
md he Directors may determine for subscription to
much Of said eight millions Of cash stock as may remain
charter.
ARTICLE v. ,-
The pnyments to stock subscribed
be subscribed as aforesaid are follows: per
subscribing; per in sixty days III reafter
BY Direction, exceeding
s s Made Ct b s 5 n s not Hs
days In least two published in New Orleans
ARTICLE VI.
On the conveyance Company by said Trustees the
SAID II aGD
M s Bs
sd peetos shall to
said FOR the o. ssd rust the egh. cent
5
sSs sd me for se SsS aa 9O
satisfaction Of such debts and liabilities the parties to
ssS se s
MS lie what
contracted by company person under
eighth article Of this charter.
dividend shall be declared before the railroad is
than Is per from its tolls; and whenever the receipts from
per cent per annn9 there shall be raabls , the
This a'tice shall impose any Limitation of
dividends that the Company declare from sales or leases of
It's source Of other than tolls for the trans
ARTICLE VIII.
The six hundred thousand dollars by Falcon
BY the Company bonds may agreed
and the Company will reimburse ssf out Of he share of
soo grant.
ARTICLE TX.
The business Company conducted
the city of New Orleans which shall forever be and remain its
domie by nine Directors Of whom at Least shall be
quorum The Directors shall elect President and Vice presi
Directors meetings
each share shall entitled one vote Legal service Of eta
I'll % HI % he &C
pany, in the hands Of any of It's officers
ARTICLE K.
Lionel O. Levy j. L Warner, j. W. Burbdge, r. o. Hebert
and Duncan Kenner shall compose the first Board of Direct
annual Subsequent Board elected the Vii
@ sy e. s as eawnr the sc ass Of
eligible Director unless he owns % shares of stock
ARTICLE XII
failure elect corporation
but the functions
meetings Of socshoders sail be given by publication fifteen
days advance, in least of the newspapers Of New Or
| leans.
In of failure tie part Of any D t. pay the
ser ien days or notice in wiling forfeit III
and sell benefit the Company, may with
de i 10 sVsA''a'' SA' ps'''sD ''s "n''s'
| ARTICLE XIII
meetings of the stockholders aud all elections
oriy Of The stock such meetings shall
or tic Of the Company Or for
o il M se for @ Of M
sqs IL @ be OF S
IS il ,hs righi agents for others least three
a OF ac hs a s Of e III os 20 y "
holders and At all elections maory of those apd
| represented shall govern
| ARTICLE XIV.
The and ss have power omake all by
ness 10 hold receive, purchase convey under the corpo
property real or personal to do thing nates
hefsnSeors sFis tracks they may deem
Necessary to the Line and Of M roads an,
purchase ali materials msciues vehicles ships vessel
useful for the purposes Of the Company and in general
thing and t. effect the Objects of n
ta'i0n Of passengers freight hn and mails.
TIE Directors shall have to appoint all officers
Of the S9a hsa
sS
best and mortgage the property OF the Company
secure the payment thereof.
ARTICLE XVI
annual meeting the stockholders shall be held on
s s of @ sr s
into s GG s ct the asr a A. d the amSany u.
1aia before The messing BY the President and
ose Besides t mssns the 4 and IL eH aay
tine on the n M 10 ea e X
stosthodsrs 10 t s ino any il
s Of The ss az c AZ II 81 city New
, leans s.''
ARTICLE XVII.
f,anssr Il stock Sha binding the Company until mas
:
, ARTICLE XVIII. ....
The of Directors shall authorized to contract
for labor Materials lands and effects to be furnished
Che I s sh Of ha da IN s sae stock
Company shall have been exhausted
ARTICLE XIX.
AS 1t will be enter into some arrangements wi
the Government Of Mexico and that OF the United State
SS"Gsy wh
amendments and changes in said grants seem most u
cions for securing full and perfect protection for the rights
n | interests of this Company.
81 ARTICLE Xxx.
4 the expiration charter whenever tho dissout
of the corporation SHALL render its liquidation thf
commits toner's shall be elected by Stockholders whose du
and conduct tsbus na iqidntcn such terms
"a 10 such shall determined by meeting
holders, regularly convened for that purpose and it, at
expiration of charter stockholde
in and number shall desire 10 the fol
further the stockholders dissenting
shall be bound 10 transfer their stock those desiring the
nswa at its fair vluc to be affixed appraisers
. chosen for that purpose
IL New Orleans, July SO, 1857.
- Emile Lasere ......................Fif Fifty shares
3ohy n Rn BS F Fy shares Shares
t j. L. Warner. Fifty shares
10 Lionel @. Levy .................. Fifty shares
" b. Starke lily SHARES.
Aired Penn. per pro. Emile iasere Fly shares
John slidel per pro. Emile Lasere Fifty shares
!, Per pro. j. P. Benjamin One hundred shnr
"a J BE iauiin ELY shares.
:, D. nentgre faS hiiasss,
Tho undersigned Recorder Of Mortgages in and for the
city Of New Orleans certGes that the within charter
recorded this day in his Office, in book society No 4 folio ~
JOHN HOLMES, Recorder
10 New orlesn7, August 4 1857. nu
j. .7.--T.-T.1 - n ~ I--.--F