New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-08
HARTER
or The
LOUISIANA TEHUANTEPEC COMPANY.


their interest and eonvenenee may requre sixth 70 make and
ton Of he ss Of he copOalon a. NAV be nsc y and
nroper ~ ~ V ''' ~ Nv ''' - --' y" ~--
ANiiolh II.
The said corporation IN 10y ne purpose Of con-
river to some point on the Bay Of Ventoa in The
The Bay Of Ventoa according
enjoying sad S Of
river according 70 The terms and conditions Of said grants and
sons their assigns hereafter subscribe pay for
stock upon the terms and conditions hereinafter provided
The capital stock of aid Company shall be ten millions of
ao one dollars ean when
90 shares or eight millions Of dollars shall be subscribed
- 90 and paid for as hereinafter provided
~''OV aId s,ol "a dssivse ~ IN ~ No., MIA
the title to said Gaay and sioo grants under the deed
of trust executed BY p A. Hargous for himself and
representing the rights of +. r. FacOnne holder
Of the sloo grant under the decree Of the Mexican
"o's'n"eH
100000 shares
AkrleLk w. /
required by the terms Of said grants and at such other times
and places the Directors may determine for subscription 20
sS,s a ~ Of thoss who now san this
ehar'er'
be subscribed as Aforesaid are as follows len per cent the
per cent in ninety days thereafter and the remainder as called
for BY the y IN s sas not exceeding R 0s
payments shall be made by Of not less than sixty
lpr1cIr VI
On the conveyance to this Company by said Trustees of the
said rights in SAID Garay and soo grants in accordance with
Trustees the aforesaid two millions Of dollars Of fa paid stock
cred in all paid ia cash. and the execution Of
aid ad Boara 81 Dec,o sa Turner i issue 70
bonds of the Company for million Of dollars psyabe
That portion Of ssd bonds ws 9@se the d R d
contracted under the sloo grant shall bs appropriated 10 the
whom said Trustees by the of said required
discretion think to pay being distinctly under
$1,000 ta UNI, o31 h e pay enS ., 10 aeo' wna
her tSs aid Soo ar ayy AZ l. pro yidea in the
e'sN'i III ''''e VI '''n '"'.'
AkTiOLb VII.
peed The Company shall not derive net revenue greater
tolls shall exceed the required for the maintenance Of
the road the Of running and dividend Of Is
tolls keep dividends down Is per per
nun I'M at most most Ao, 40. m ,t .-,o,, .,
dividends Company may declare from
its lands Of revenue other than tolls for the trans
F
ARTICLE VIII.
The SIX hundred thousand dollars advanced By p Falcon
BY the Company in Us bonds on such terms as may be agreed
the Mexican in the net profits provided iH said
sloO grant
business Of the Company A&Gr9 shs * conducted at it. office in
the city Of New Orleans which shall forever be and remain It's
domici by Directors per
residents of said city -Four Directors shall form
dent out Of Their body ana shall have 10 elect new direct
annual elections At Directors meetings
o SSleS sy 1e grSe person 2, ~ PoH ana
lion and ali against The COMPANY may be made on The
m be SanSs Of sny Of rs Uces INC n0 's
ARTICLE x.
Emile Lasere, John NJ Bell, Alfred Penn, W F. sarke,
and Duncan 4 Kenner ss compose the st Board Of
and each sbsoen board shan he elected on nc third
Monday Of April Of each year enter discharge
e9s On director pe 1nes he OWNS SSr Of e s"
| .prrc1r VI
,, q, .,o, r,;sa MI an ~ ~ ,,a the coro ,or.
a b RS geps s o S 1 III p ~
vi tocS b e s he si b nnblcsiion sstssn
days In advance in at least two OF the newspapers Of New Or
leans
In of failure on the part Of any to pay the in
ameDis stock required the Board Directors
oe and ali Il for The heneat ~ be Comnany or may with
out such Sose Or % % G
default
Il. .,..,ou.
that meetings called for the Of ncreas
he purposes eap@efssd IA the 9TH section he
Legislature o. Louisiana entitled An acI io me org
March l4h 1855 shall be composed Of persons hold
oh Of the stock q the IN order take valid an,
hain acnn r. tha rsnis M al o,her meetings az stock
holders all elections majority Of those
ARrrcIr Wv
; III, -. -, ~, -. v. a, ,o al, h
laws necessary for the proper regular
receive convey under the
name property real personal to do thing
for the Construction repair maintenance of the road
necessary to determine and location Of the roads
to necessary contracts for the purposes aforesaid
purchase all materials machines vehicles teams ships vessel
and and all med By them nsGessa
thing proper effect the objects Of th
charter including the fixing collecting OF tolls
tation Of passengers, freight and mails.
ARTICLE XIV,
Tho Diracors shall 10 annoin all ocers and
az mo Az their and remove thel
az horra money and issne therefor bonds nott
or obsr ohlistop M sch terms and on snch Conditions Rs
a eeD hast ana mortgaee the noneyv of Inc COMPANY
/ | sec seen the navn,snt tbeTeoT ~ FT' - 49,
y secure tue payment uiereo.. o ,
}, ANriohA Afh
stated annual meeting Of the stockholders shall be held OF
before the election Of Directors receive the report
the last years operations and business and Tor the
ino W ~ ~ ne h o. W f hs Sna5snS bs
laid before the meeting by and Directors then
Office Besides this meeting President and Directors
call others when they think proper shall be their duty
any time on the written
fifth Of the stock of the Company, to call meeting OF
stockholders to take into consideration any matters affecting
Of the Company All meetings OF stockholders shH
ie held al the Office OF the Company in city Of New
N leans.
r ARTICLE XVII.
* Stock books shall be kept in the offices OF the Compan
sFep ~ s,ocs ,ii ~ bn5ns ON The Company ninth ma
On III stock bcoIs ~ ~ e -