New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-04-07


The capital stock Of said Company shall be ten millions Of
dollars divided into shares Of one hundred dollars each which
shall DC Appropriated rs follows follows, w; -,
az o and paid ior As heTeinaiter provided -,
oVVV sa e. o Wo d ~ DC is"eo a. i1
e 70 saa SsTaB and S0o g.n e. under Che deed
representing the rights of F. ?; Fdeonnet holder
Government.
| I'M mn sha-es
-'''''V ARTICLE w.
Lists Of subscriptions shall be opened The times and places
and places the Directors may determine for sabscrpon
50 neh o. ssd esht mons Of sah stock rs may remain
charter.
-sN-', V
aforesaid follows ten per cent at the
time Of subscribing per cent in sixty days III efrer
for by the Direction in in'meuts exceeding per
each at intervals Of les than sixty days Calls for stock
days in at least published in New Orleans
| ARTICLE vi.
said rights in said aray and Soo grants in accordance with
said deed Of trust the Board Of Deeors shall issue to sand
for The purposes Of said trust and aid stock shall be eond
said aid Board Of Directors shall further isse rs
aid Trustees for the psrpose Of sad tr tb eigbi sr en
bonds Of The Company for one million Of dollars paysb
That portion Of said bonds which under the provisions of said
contracted urder the soo grant shall be Appropriated to IN
such liabilities to the parties 70
whom are by terms said trust 10
the in the exercise of their sole and uncontrolled
discreet may !hnk proper to pay l. being distinctly uraef
conraced by persons, under
eighth article Of this charter
ARTICLE VII.
No vidand shall he declared bafora tba ra,,roa1 4.
70 li ns oe oeioIe tue ra'roal Is com
man il ner cent from IN tolls. and E ecs7s fr
The road The psynent Of unnipg expenses and DIVIDEND ii Il
per cent per ennu9 there shall be rsa6s dmiuon Of the
| mum at most
dividends hat The COMPANY NAV declare rom e or
lands any tolls for the rans
.,,.,,e,, =, 49,,
The six hundred thousand dollars sdysn by F. Falcon
By The company in is bonds on such terms s NAV be sd
b NM % in ~ % st ou 9 s share %
s, W. III Tue net p'oh''' 40 Po'uea u sara
Tho brnoss ~ ,to Com ~ al a. =, m l.,
The INV az NV or ri bsb a ~ oTe IN
Jis2 ~ - Dirsanrs ~ l a, 49,. De nv IN i 4 W
maaept residents Of sd civ Fou brc,or sb an, fo ps
dent their body shall have power TO elect new Direct
Snnaa elections 4tsieiecons for Directors AID at iii
of stockhoers votes may be given by proxy and
each share snail oe emitted q one vote Legal service OF eta
President in etto his address the office of the Com
pSly' Ia the hands oil any Of It's officers
v.r. 1.s... ,o.. "A Ni psn , a. D..
Lionel C. Levy j. l. Warner j. W. Burbridge P o. HebeT
na 1 DSpfs e G SaS h ssR the PS Of Pf9
annual and each subsequent Board shall be elected the 5ird
duties Monday May following No one shall Be
Is 4'''' D - 1'"'s' u ''''A
filnrs To alact r,irscos iI no, ol. ~ orot,
ou me board IN once shall ne exercise Of rs functions
until new board can De elected All notices OF election and Of
days in advance in at least two Of the newspapers Or
ARTICLE XII
In case of failure on the part OF any subscriber to pay the in
samens on Mn stock as reque k Hoard Of Drectors NAV
after ten days adysriisemsn or notice in wfdos forfeit 6e
aud sell for the benefit of Company may
out s1sa Soes Of err compel sa BY
,fsfault - - ~