New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-04-21
@ III A X II Il II
or The
LOUISIANA TEHUANTEPEc COMPANY.

now 10 and agree upon the following charter,
''-""' $1,000
ARTICLE !.
Snd Sn shs o esn ine Louisiana Ien1anpee
have enjoy succession BY heir corporse name
~ nsd II ,S years second % contract sue and
their o s and
their inere-t 9nd 49, 1 vaeeIs as
establish such bylaws proper management and resas
nroper ~ VI VIC ooip0 S''oh rs msy Dc necessary and
ARTICLE III.
The said corporation for the pnrose of con-
river 10 some point on he Bay q Veaos he
Pacifc ocean eonssrScing also ialroad from said
dio1 of said The Garny grants and
river according the terms and conditions Of said
w sT ss e b ssm; a a,osAss under
stock upon conditions hereinafter provided
~.l-,.-, Ahilohh III
d o ss s q On. s s 1 @I
se IN, ~ spp, ~ t ~ IolIGws w Vim,
70 600 has or q ions y RIHvlaed
paid stock. delivered the trustees who now hold
ne te TO said GsIAy and Sloo grants under the deed
representing the rights Of y p Pafconnet holder
Of the soo grant under the decree Of the Mexican
-O'''O' 'A' .pr,c,
49,. i0Ah ~.
required by the terms Of said and times
s1 a AVA Se aS may for subscription
aer deduetinr he Of ,hosa ,.s 80 ~
hs,s ne Oh NOSE VINO now sign this
.pr,c,vv
The payments to be made on the cash stock subscribed and
be subscribed Aforesaid follows per the
for nv The Direction In instlmsnts not t 81
each nor at intervals Of esl than sixty DAYS Calls fop
days newspapers published in New Orleans
ARTICLE VI.
On the conveyance to this Company by said Trustees Of the
trust the Board Of Directors shall issue 10 sad
Trustees the Aforesaid millions dollars full paid stok
cred all respecs as il paid In cah and on ire xetion n
said aid Eoard Of Directors shall erb I
said Trustees for the of said the eight per
That portion Of spS bonds Witch S a. aI h st;
4 to Be used for he psyent az ibe eb, % nc
sseion " such debts snd abi.i s m RI 70 me
whom said trustees BY the terms Of said
stood that thjs company assumes he naTmsn, Of m
contracted by company person persons under
etet ne s,p9 OF uafay grant, except as proYdedin the
e'sn'n "''i'ie VI ''i'' enA''er,
~, ,,,,s ,-,-, -, = Ii.
Inc company sha not derive net revenue greater
Than u Per cent from It's tolls and whenever the receipts from
the the payment running expenses aud dividend Of Is
tolls keep dividends down TO is per cent Der an
Ih tce shall not impose any limitation on the amount o
dividends that the Company sales or leases Of
pOrtatiOn offreight and passengers.
ARTICLE VIII.
II.
by the Company bonds may be agreed
the Mexican nnent in the net profits as provided ia said
Soo grant.
ARTICLE *
IT.. As,u.s, os A.. :, i. -, -
the e Of New Orleans which shall forever be and remain
oy nS 81 wh9n at least seven ssa be per
The Directors shS elect President and Vice pre
supply The in ervas between the
of stockholders be given person by proxy and
ton and ali process against he Gompspy may ne msS. on e ~,
President in eftto his address the Office Of
ARTICLE
-, -, - -,
Lionel c. Levy j. L. Warner, j. W. Burbridge, P. Heber
ors ist Monday IN Say 5 Th elections ba 5e
annual and each subsequent Board shall be elected third
Monday OF April OF each year and enter on the discharge Of its
duties on th1 n1s Mohaay o. May one shall be
s's'Oe 40 "n''As " ows = sH"res Oh Ss'A'
failure to elect Directors shall not dissolve the
in office shall the exercise Of its functions
meetings of stockholders shall be given by publication fifteen
DAYS in advance in OF the newspapers OF New Or
leans .nr,c,,,
ARTICLE XIII
aments on III ocS ms reanpd Ss Rosd of " py ne IN
after days notice in writing forfeit tie
previous advertisement compel payment BY
daTs , NV ~ ~ w Pe'i'''u w '0'e "nS' III
ARTICLE XIII
ory of the stock represented such meetings govern
that such meetings called Cor purpose
ing or Diminishing the capital stock o. the company or for
o. the purposes IN the MIN seeo OF the act OF the
~ ~ L s ee h An nc, ioa ne %
ol ~ pu0c improvements ana uiIly
M 10 @ lh, ooo a De composed OF persons hold
of the stock of Company valid and
binding action in the premises all other meetings Of
holders and at all elections, majority of
represented shall govern
ARTICLE XIV.
Tha pras,da,, a,d 1ia,,o,. Il a, -. ,- A.. =, l..
laws necessary for the proper and egu TRANSACTION Of b
ness Ia hold rreeiye nnrrhass and nndsr no ca
rate name any nronerty real or IN a. bin
sary for the Tenair or main Of he roads
10 determine he line and Of ~ and
10 make all necessary conrac far Ina 10
purchase all materials machines vehicles teams ships vessels
STEAMBOATS, equipments de- med BY them necessary
useful for the purposes Company general
thing and proper effect the objects Of this
charter including the fixing collecting of
tatiOn OF passengers, freight and mails.
ARTICLE XIV
wants of the ompnny fix their and emove them
nj pleasure may borrow money and ISSUE therefor bonds notes
or other obligations at such terms and on sneh conditions ms IL
nroDertv al
secure the payment thereof Fr' - ~ F' "
ARTICLE wv
~
stated annual meeting OF the stockholders shall be held
week before the election OF Directors receive the of
tue last years operations and business and for the
INTO the condon Of the anrs AZ which meeting full state
hsht the financial ana oe ans oil the company shall De
IN
hesluch ffeeldent directors
proper, shall be their
any time on the written requiStion OF stockholders representing
OF the STOCK OF the Company to call meeting OF the
Affecting
interest of the Company All meetings of stockholders shall
held at the ONCE OF the Company in the city OF New Or
ieahs
ARTICLE XVII