New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-24
CHAR TER
LOUISIANA rEHUA sTr COMPANY.

establish such bylaws for the proper resms
ton Of the affairs Of the corporation may be and
proper.
ARTICLE II. r
The said corporation established for The Of
coaizeeos river point The Bay Of yentsa in TIE
oss. sae ct .s If so @ d
dilions of said grants known abe ssay and s and
vei according the condition. grants
ass b. D = shall hereafter nbeSs and ay FOR
sock upon the terms and conditions hereinafter provided
The CAPITAL .tOc Of said Company shan b. ten million. Of
dollars divided into shares of hundred dollars each which
5000 shnSes eight millions dailar subscribed
10000 sS 20 do be Issued
paid stock and delivered TO the nusiees who bold
Of " au s 81 "a To-
e he soS grant s under H. s q he as
Government. 1870
iOoOOO shares.
ARTICLE ".
Lists Of subscriptions shall opened the times and places
and places as the Directors may determine subscription %
much 81 Of s so. 's so now may @
charter. -s
ARTICLE v.
The payments made stock subscribed and to
be subscribed aforesaid follows: the
% S SR , sp sss a and Ky Sy IL q
for by the Direction nments not exceeding
payments be made by 4 not les than ty
days in least two newspapers published in New Orleans
AhflcLE Vi.
On the conveyance Company by Trustees the
said rights said Garay and soo grants In accordance with
s,e Se sore ss two mops ~ dollars 81 IN psd o
for the Of said tust and said stock shall be eonsd
said aid Board Of Directors shall further issue to
said % % for the R Of Sd H Ss sH Per cent
portion of said bonds which Of said
De S s sss 6 ne
satisfaction Of such debts and liabilities the parties
convey the same 10 the exercise Of their sole and
STOOD that this Company assumes Of no debt what
contracted By company person or under
ARTICLE VII
No dividend shall be declared before the railroad IL eom-
pleted The Company shall not derive net revenue greater
than is per tolls; and receipts
h road The payment Of running and yidend Of Is
S 30 a Kp he dyend son 20 Is per cent? Der 'e
mum a most.
dividends that the Company may from SAVES Or Of
m Hs OF Of sDd 0l O'
.pT1cIp v,,,.
The I. hundred hSasand dollars "a, By rslcon
BY the in lis bonds such Be agreed
the Mexican the profits provided said
Sloo grant.
The the Company sa conducted office
the city New Orleans which shall
msSen residents Of said city -Four Dlrecors shall form
quorum The Directors shall elect President and Vice res
Il
ors 70 Supply saeaners ~ ne ne
annual eectQn LOT ara AL meetings
oil sioekhoher oe gwen w person Or ~ proxy anu
eaeh snare shA ue one VOC. hes eIbes OF eisA
ton anu az process ,ne ss 9e nue on tne
person o to ns VI tue once u 'he Conn'
Pshy' III Tue hahus VI An' VI s ohi'e's' aaU.
ARTICLE x.
| t,,,Ia Tacora John NJ nan Alerad panr w T 1,.yta
Lionel Levy j. L. Warner, j. W. Burbridge, p Heher
and Duncan f. keuner shall the first Board OF Direct
until the hrst Monday IN May 1858 The elections shall be
annual and each subsequent board shall be elected the third
Monday Of April Of each and the discharge Of its
duties on The hrst MONDAY Of May eewng No one shah be
eligible rs Director unless he owns . shares OF seck
ARTICLE VI
a. .la., r,,rsc,ars ~ m ~ ar .oIva ,
- ~ iaasJ T., 10 ~ nj co,as ~ ~ ~
out INC po3 Nh a h c,a n o,i ~ ii s; "a ~
ns o ssai bp eiysn NV sf,sr
Az sdS.9cs in Al Isss two If IL If Me- 0r
leans ' - - W F"F ~ -
| '
Tn casa ~ eure nm The ma nj any tn nav the In
,iants -, M stoL az Isorsd t6. ra -, n NAV
ST. 90 iays az Totca IN Srting forcat ~
,ot sd ali n for M bedt of fts Sonnany or NAV WIN
On, s nrson notice a. nj eonsneI M nent nv
su and no shall be permitted 10 whilst
| default
| AAiohH ALL
Al all meetings OF the ana NJ ma
jory Of the stock represented a. sueh govern
except ihM suth ne tss hIe ehu o purpose o ieie
purposes the fifth sectoa of the act Of thu
Legislature Of Louisiana entitled An for The organization
of corporations Tor work. OF pubic improvements and utility
ing in their right agents for others at least three
N