New Orleans daily crescent., 1857-12-11
CHARTER
LOUISIANA TEHUANTEPEc COMPANY.

and ana u
% 81 s us "a s a. sas
proper. |
ARTICLE II. 45f
Ts @ y
ve point the Bay of vsntess in tie
10 the Bay q according
snosins and eondasns he Of aid
according he terms and sad grants
their ssgns shall hereafter subscribe and
upon terms and conditions hereinafter provided
ARTICLE III.
asae a & Ss
be
10000 millions sss.. shall e Issued
s y r
ef the sloo grant under the decree Of the Mexican
100000 shares. .ss,.4....tz ,.l.la
Lists Of subscriptions opened the times and places
required by of said grants and such other times
o o %
educng the subscriptions of those who sign this
charter. .,'
The made the cash stock subscrbed and to
time Of subscribing len per sixty days reafer,
IT, s e @ s ea
Less than sixty days Calls for stock
days. at least published in New Orleans
ARTICLE vi.
conveyance this Company ad Trustees of the
I sad s
h % ss sn aHos soe %
all paid d. IL cash. and don on the Of
the Of sad trust the eight per cent
hs ns 5 s
trust used for the Of the debts and liabilities
ass
discretion may think proper to pay it being distinctly IL under
ether Gagay grant, ssssp, in
dividend shall be declared before the railroad is
han Is from tos whenerer the receipts
tolls shall exceed the amount required for the Of
per ta csn per there a'a5le diniuon Of the
tolls to keep the dividends down 10 Is cent per
shall impose any Limitation the Of
or other than tolls for the
| portation ofireight and passengers.
net to the Mexican oye for The grant shall paid
and ont
the Mexican in the net profits as provided ia said
| sioo grant.
M m
dom by nine Directors Of whom at least shall be
qo Th Directors and sp1 Vice
dent of body and shall have elect Direct
elections At elections Directors and at ali meetings
each share entitled vote Legal service eia
and ~ s @ s nads "a M
| pany, in the hands Of any OF its officers.
/ ARTICLE K.
Emile John Bell Afsd ,s Penn
shall the @ s Of
each Board shall be elected
Sn Of s lst Mssay 5 ns sbs
eligible Director unless he Is shares Of
ARTICLE XII.
failure to elect Directors shall dissolve the corporation
the Board office shall continue s functions
W can be All nosss I'D
advance in at least two of the of New Or
In of failure tie part of subscriber the in
int on his as required the Board %
sock and sell it for the benefit of the Compapy may, with
out such previous notice advertisements bpel by
suit and stakeholder shall be permitted to vote whilst
!: ARTICLE XIII.
ory of the stock such meetings shall govern
diminishing the capital Company an,
he
as " pSs he en-
in their right for others least three
cU I 9 hs at o ssd "
holders and at all elections majority of those and
represented shall govern.
ARTICLE XIV.
The President and Directors shall have make all
to hold receive purchase and convey under the
@ s e o I
hereinbeioe described with tracks they deem
make all necessary contracts for the
and sieanbos and ali equipments BY them
useful for the purposes Of the Company and dc
hs s
tation of passengers, freight and mails.
ARTICLE XIV.
The Directors shall have appoint all officers and
ssa hes
or other obligations at such terms and sueh conditions
secure the payment thereof. ''e
ARTICLE XVI.
stated meeting stockholders shall be held ont
the last years. operations and business for the
a and AFFAIRS Mnfh Of the Company ,u h
Office BESIDES @ the @ and directors
call others when they think and shall be their duty
ea %e %
ineres of the Company Ali meetings Of sookhoder Shall
be held at the office of the Company the city Of New Or
leans.
ARTICLE XVII.
q aa Ss ep e. n s @ % Of s aDs
transfer Of stock shall be binding the Company until made
The Board of Directors shall
the Company payable wfos part in the stock Of the
Company until the whole Of the capital Of the
Company shall have been exhausted
ARTICLE
As 1t will be arrangements with
the Government Of Mexico and that of the United
Nessrs Emile Laee and p Benjamin hereby made th
joint agents Of the Company with full with
either both of said Governments for such notifications
amendments and changes in said grants judi
for securing full and perfect protection for the rights
interests of this Company.
ARTICLE Xxx.
AZ the expiration of the charter whenever the dissolution
OF the corporation shall render its liquidation three
SHALL be elected by the stockholders whose
IL shal 6e 10 take possession OF the property of the Company
anu conduct final liquidation such terms
IN such manner as shall be determined of stock
holders regularly convened for that purpose
expiration OF the present charter the stockholders
IN amount and number shall desire
further ern the stockholders dissenting such
shall be bound to transfer their desiring
: chosen for that purpose. -
New Orleans, July 80, 1857.
Emile IhSere ere.............,...,,,..F Fifty shores
John NJ Bel Fifty shares
. j. Ii warner. Fifty shares
lionel G. Levy...,,................ Fifty shares
W H. Starke. Fifty shares.
Duncan +. kenner. Fifty shares
Alfred Penn per pro. Emile LaSere. Fifty shares,
John slidell, per pro. Emile LaSere. Fifty shares
+. A. Hargons,
Per pro. j. P Benjamin One hundred shares
/, j. r. be 1amln i ltty shares
/ u Dthegre tlty shares
= W. Eepeft'--. MY snRres
The undersigned Recorder of Mortgages the paris
and city Of New Orleans ceri6es that the within
I Il