New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-05-28
CHARTER
LOUISIANA rEHUAS sSr COMPANY.

bylaws proper nianseent and rsraIa
ton Of the affairs Of the corporation may be and
AETIcLE III.
The said corporation established for the Of
river point the Bay q venosa in ne
q @ Bay arsos 70 s e sa
eSGs Of sd snosn as The sE.y snd 9 and
se according 20 the terms and condition. q saa and
and their assigns Is shall hereafter and Day Tor
stock the terms and conditions hereinafter provided
ARTICLE III.
capa stock Of said Company shall be ten millions Of
dollars divided into shares Of hundred doars which
ooO shares eight millions dollars shall be subscribed
% oo and paid 70. as heSsinsf.sr provided
paid stock and delivered the trustees who hold
% ase z M ana SSD asr me dsse
r. s as The sh q r n now holder
Government
100000 shares.
ARTICLE ".
Lists Of subscriptions shall opened the es and places
~ s s s Spd e usa sas,
much Of said eight millions Of eah stock may remain
charter
ARTICLE v.
The payments the cash stock subscribed and to
subscribed Aforesaid are as follows: ten per cent al he
time OF sqhserbng ten per cent In sixty days III eafer
FOR by the Direction, insmsnis exceeding per
@ &c b. sS S G o stock
days in at least two newspapers published in New Orleans
ARTICLE vi.
On Company Trustees of the
said IN said Gsrsy and sioo grants in accordance with
said deed Of trust the board q DiIestes shall said
% and aid sios sha all e oonsd
conye ance ad of Directors shall further issue c
aid for the q said the eight cent
Thai portion q sd bonds which, said
E1s g be Sssd for Ss q The debts md liabilities
satisfaction liabilities as 10 the parties to
The same T. hs exercise q heir sole ana
stood that This Company assumes the payment Of no debs what
contracted By company under
ns I,u SpS % grant, except provdedin the
ARTICLE VII.
No 1,-sdsrd sh.u N. d.,,srsa h.srs a.. -.,,.o.d a,
nl,S Tbs cnmnanS hail o pS1e ne fasonn con-
h X pe nops nn MOI as,s net tessrus greater
% xe Ne snd @ e. me
the road the Of running expenses and dividend
cent per annum there shall be raabe dmiuton Of the
mum at mesI;
tee sna no. impoe any limitation on the amount o.
tolls f he
portatiOn ofireight and passengers
ARTICLE VIII
The hundred dollar. by y p Fuicon
Mexican grant shall be paid
on Copsny will Of The share Of
the Mexican Cove nmeui in the profits provided in said
ARTICLE X
The business Of the Company shall conducted a. its Office
sss % SSr N b small @ be a. is
men feaspi o. ssa ey our DIssors shs form
~ icsi
os to supply vacancies thai occ IN Inc in eyas between The
elections. elections meetings
of stockhoe be given in by proxy
each shall entitled service eta
ton and all against The Company be made the
pany in the hands Of any Of its officers -'
ARTICLE x.
Emile Lasere, John NJ. Bell Alfred Penn w E. starke
and Duncan Keuner shall compose tbe ss board Of pse
ors until the Monday May 1853 The elections shall BE
annual and each Board shall be elected the third
Monday Of April Of each and the discharge Of its
dnls on M nssS MoIoSy o. MAY NO one shall be
ARTICLE XII.
but the Board in office shall continue The Of s uneons
until new Boald elected All notices OF election and Of
days in advance in at of the newspapers of New Or
leans
:, AZ. -.'. :. a.. ..,,,...,,..,,
sament on hs stock as eaued he hoard Of pirecto,s
oe d e or he cement Of he CompSny or may Ms
snch previous notice compel 9y
default ~ -
ARTICLE XIII
At all meetings of the and all elections
joy Of the stock represented such meetings shall
" 6s 10 he 9Th section q he act Of hs
Legns,auis o. L gu % h, An ~, IU as & % y
ourhs Of the OF Company
% ss01 II re s US Of % soss q sn
represented shall govern
TIL p,,.r .d n.c,o,s Al, wa ,,o,., al, ~
for he proper and reYuaT az
TO hold receive and under the corpo
rate name any property any thing
sary for The construction repair Of the roads
hereineore described with as many tracks as they NAV deem
necessary TO determine the line and location Of the roads and
all necessary for the purposes Aforesaid
purchase ali materials machines vehicles teams ships
anu ana az eq1ipmen ae MED " .hen Necessary
every thing necessary proper objects
charter including fixing collecting Of FOR rgnspor-
tation OF passengers, freight and mails.
ARTICLE XIV.
The D,retoy va 10 anno;nt all ofcers and
wants ~ te nmnanv IN ther and reaoys them
AZ NAV borrow and ssne therefor bonds
or hsr nj seh terms and on sneh Conditions AZ
NAV deem hsst and The nrone1y Of ts Ii
sacnra ti,e na vn,snt Thereof ~r'' - ~ F-s y
~ ~ f"' ~ prrc, y WV
AHiioh1 ~"
stated annual meeting Of the stockholders shall be held
week before the election of Directors receive the report Of
ino he ondition Of Inc AFFAIRS Al which meeting full state
~ the financial and other affairs Of the Compapy shall be
Ia1 before te In
Office Besides this the President and Directors
call others they think prope and shall he their duty
sny lime On he written al
fifth Of the stock Of the Company to call meeting Of the
TO take into consideration matters affecting h
interest OF the Company All meetings Of stockholders shall
e held al the Office of the Company in the city Of New Or
| leans.
ARTICLE XVII.
Sek hooks shall be kent in the offices Of the Conanv
~ sh i, h S 70 e ana
1