New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-10
N. O. CITY RAILROAD co.
QUARTER OETHE NEW ORLEANS CITY
UNITED STATES OF AMERICA, Safe OF LOUISIANA
CITY OF NEW ORLEANS:

UNITED STATES OF AMERICA, safe OF LOUISIANA,
! CITY OF NEW ORLEANS:
Belt known that This fifteenth day oune year
p S ~ ss asa sss 81 ep aad 81 iSe
EDWARD RARNETT StSry Public SI II and tof
said duy commissioned and ptso4aly md np,
seray declared that syaug hemeSes Of the OF
ne Statutes Of Tie State # oasaan Ftye to hS orssna
agreed and do by these cogenanagree
s f a e. @ @nass NE s h
lations regulations and obligations following, to.wit:
| ARTICLE /. ..0 .. .... .t..-
The Corporate this Association hall be tho NEW
| ORLEANS CITY RAILROAD COMPANSm = -
| ARTICLE -
The place Of business legal donclF mis- torporatjo
shhl DC located In the City OF New Orleans.
ARTICLE III.
Ihe object Of this Association conspnt and maintain
City Railroads with suitable Grnous and bnchea for the
bah9e 81 carrying passengers and generally exercise such
be conferred on them for building working gy EnIsoads
ARTICLE w.
The Capital Stock otts Corporation is hereby liked nj ons
million Of dollars represented by thousand saes Of one
payable al tie Tine sSSs hcse 1 fS I'D shall 30
e paid az the time AND in the manner directed bShe Board
subscription shan BIS called any lime ana ii oftena %
should any subscriber tetase neglect pnnceily his
tes al s se a q ~ s n mature s and n
added thereto from maturity 81 payment and suscer
thirty days utter the specified time Of PAYMENT the Beard
share Or shares upon which snent may due to be
500 H. pn2le aagiioi Of otherwise after ten days previous
| uee thereof ny advertisement
ARTICLE Y.
hs sa hereby assume all the obligations Jobn
Pc security II and he eonast " paeSss s9 az
Fst 81 way for the construction Of City Railroads The City
Sow ofiea as per ae passed before Charles T. Fnrter City
And e eSes w OF February sigh!sen hundred and
I 70 the plan and specifications ana within the time in
I'M manner ~ forth y sd which here eerredo
sge and Ply he bonus 9 one hundred and thirty thousand
sa%ss i s ieioWiqs /? pl'4 ~ Tue 'aa paf
by The said purchasers shall be applied
on the stock respectively subscribed By the said j.
in the proportion Of their the said payment re-
r "d ns 20 IT. rs the sa sun VIII apply e payment Of
g. The said price VII One hundred and -four thousand
several promssory notes for the twenty thousand
Ps hs I'D idS y e B' easdlss
AID aatfS pgs Va Il az o Fl @ HUNDRED ard sky
two three and four years from date With SIS per
pSesi ey hs aiGr s si Notary to IDENTITY them VIII If ates
s G ana leh gid oes arc hereby assumed by his Cor
maturity, according TO Their and effect
| ARTICLE VI. "~". U.s..
This Association shall into operation from and after the
~.. ARTICLE WI. -m-
This Association shall have Corporate Seal the device
which shall be Crescent within Circle, with Two horses AID
var Abd me name osthe Corporation traced thereon
| .-5 ARTICLE yItI.
These Articles Of Association may modified altered
ie capital stock nay e Increased TO any exceeding
consent wo-htds IL amount Of ali he StoekR5ieS obtaaed
any osata shall b. duly asiEorisd sisy days
CIV j New oaa Sa eh ns Sa
hsSe thS ptsiiege Of tgktg additional shares II proper
the expiration d e, time, may disposed BY Tie Dfecto
FER the benefit Of The Associations hui ugt less than par
ARrtGLEIx
All powers Of this Corporation he vested in Boad Of
sfis twenty 2H nv l taah & ds dhs i f9i III
| capital stock Of Aaid Association,
| ARTICLE K.
The following named sockE6fef viz: John b. slawAon
Henry as Frederick Whit PATRICK Irwin, Alfred PENN
Josiah Cole j. f. Mascot and W Iielme shall cora
PS and are 5stf9y eS9sgied The I Bqatd q Who
and said Board shall until W their
who shall be elected as provided in Article Eleventh.
| ARTICLE xI
ontbe third Monday in December eighteen hundred and six
he shall t. had i tn tG5 f piG9e
ha2n OF which election previous notice Of least days
| Orleans - N-' " ~"
ARTICLE XII. M.
plurality q Counting for each share stock
their hf meeting their election choose one Of er nun
majority f the whole Board upon whom ali citations and
shall be the duty Of ths President to preside all meetings
shall for The time being exercise tic full powers Preslet
f Bo%r oa smona fI III sSSRoG
ers not Deeior at least enc week prior amy election.
Article XIII.
form quorum and decision of such majority shall be valid
or il building roads Tor the purchase Of real esafe
| of Directors. 1'"'' t.
| ARTICLE KY.
Any Director being about 10 aIses himself far
months e may nominate substitute in his stead provided
] S'e y p 3Rs Beard f1 81 Dses
for the time being.
ARTIcLExy.
The Board Of Directors shall appoint Secretary, and
clerks and agents and may move the same at pleasure
amount Of security that shall be required any said ohice
Said Board may delegate power in the