New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-11-28
N. O. CRY RAILROAD &C.
THAIsTMR or TUE NEW oRLE ans oiTY
UNITED STATES or AMERICA, STATE OF LOUISIANA
CRY or NEW on il Ne.

before me- EDWARD BARNETT a Notary Public ia and foI
said ally oped and personally and ep
peared The pero9s Hereinafter named and WHO
the Statues Of the Stale # Ieusaaa relative e the orgau
agreed AID do by these presents covenant and bud he
selves and they represent fern themselves into
iations, regulations obligations following, to.wit
ARTICLE 4.
The Corporate OF this Association shall be the NEW
ORLEANS CITY RAILROAD COMPANY
ARTIGLE 81 Y4p#
place Of business and legal doc Of this Corporation
shall be located in the City of New Orleans
ARTICLE ri, s s
The object Of this Association is construct and maintain
City Railroads with suitable turn9uls and branches sor the
noietai powers IND privileges il fs hereby Or may hereafter
bs conferred them for building and working City Railroads.
ARTICLE
The Capital Stock Of this Corporation Is hereby fixed
anSed q e w. er T. d s e b e
shall epad at the time and In te naneF directed BY the oald
Of Directors provided that than cent VI aid
lEsn onca within aiy thirts iays
Should uy neglect to pay pu1etaaly hia
iuslment insmens the mature and full due,
interest thereon NJ The rate Of eight shall be
nssects d refuses to sy is Or nsainens within
hs days sss 'ae sBeesa ns Of he B9ed e
share o. shares upon which any nstament may b DUE 70 DO
sold n public auction or otherwise after ten days previous no.
| Tee thereof by advertisement, -.t.
ARTICLE v. M55
sSsen 4 Pne aud Henry S Ha II WIZ and
Pak Irwin y eenry L. snd 2 he contract q pgrese "
New Orleans 40 per &c, passed before CHARLIE " FoFtsr City
ky and obgaies HELL y Construct VIZ ty RSad seesrd
Rg To- hs PM nj asd .ai and % The lime and IN
and ,nad part hseet ed aso hereby expressly e a
dollars therein paid agEeed be paid BY the said pnr
ehrsers n the following msaner, o,E,it: ,.t,..
BY the Rid purchasers shall DO applied 10 the Of The
B. sawson Henry Hart Frederick Wntz aud Patrick Irsin
in hf proportion Of ther Interests Il 81 s1id sss r.
their said nsalnens they become due and for the balance
dola for which he Aforesaid parchass has furnished III four
several pronsory notes fer The sum Of twenty S thoqsnd
Frederick Wnts and Patrick Irwin. and by ihen endorsed
s a. e s s [ @ WI n.y.
rse and 5la 'aE years om date gh f sent
aped by the aforesaid Notary identity them with the steFa
poraton and expressly agreed % BE- pad BY the Company It
maturity, according 10 their tenor and effect.
ARTICLE
This Association shall into operation and asf Tho
Article VIZ.
This Association shall hsys Corporate Seal ie device
Which sh bo Crescent within frce With two horses and
| ARrrrLE vtIr.
Articles OF Association mny be modified altered
the capit stock may Ge ne!eassd 70 ans pta ret exceeding
Sga Of thds il amount ~ III ite stoehSiaeFs DRAINED
egs ny Incense x capital sha @ y aatiatisd sy DAYS
1a e., q ~ S s f s5e s, s n
tie privilege of taking additional shares in propar-
the expiration tins. ny dposed d Tie Dlssgofs
the benefit oil the Association but not al lass Than par
ARTICLE
All powers this Cooperation shall he vested in Bead of
hold in is ys HUNDRED dollars Of he
| capita stock Of said Association.
| &RTIoLE 4.
The following named seeshaiders VS. Iohn b slaEson,
Henry Hart, Frederick Wnts Pafriek Irwin, Alfred Penn.
Josiah oe j ). q Mes,iea and SEQ; Hsge, shall COM
a a az bsr igi asen eiss oss q ihsir . number
said Board shall serve until superseded their sureessors
who shall be elected as provided ia Article Eleventh.
| 4. ARTICLE
On the third MqTdas n December eighteen hundred SIX
c ~ s seahedefs he otes Of the Ccrpo.
ration of which election previous notice Of least days
ARTICLE XII.
pIusiy Of votes Gortins one vote for each stare nf sk
voted apap) Shall be sucen, elect Directors VINO sa 1t
theft arst meeting after their election choose hsiF
Fl ING Whole board and upon whom all citations nd
4 shall be the duty OF he President preside meetings
A. sJ gSSa a a n y : s6sneg q liability e ae ihs
shall fe Tie time being powers 81 Presienf
ss aa q fS on s &
En- not heetos a least one week prior 70 any election
article xItI.
majority the Board shall DO neressarv 10
toru quorum, and decision U such majority shall e valid
building roads he purchase IF real re- se ea a,
zhf shall require soe Of three suTthl % The whole BSaId
ARTICLE XIV.
Amy Director being abopt abest himself for period Of az
sEirr. n nj rabif sf9ef IL ~ ~ teu
sg ta. sad sai'die 10 elected BY lie Board Directors
ARrtuEExy
De-, ~ r,f..t." 49,,
the hQafH OF DIRECTORS snail appoint Secretary all
% Wy t I4Ii4s lute me sls 81 pleasure, and
s9ant q security Tint shall be required from any aid c1esfs
and agents.
Said Board also delegate such power rsfaetIo ~
he ordinary 5asines e The csmpasy tomuiee ii fair
body, HEIR Officers agaAts they rlay deem 1I
sn aud may also appoint agents Within and without This sie
she poge rGisi aad eSsist.oA A. ~ iga y
7inaEl af alter he zane yyfeHe Nj ia
may require IT, sal also have power 10 s1bniy a9
ate5 hat may occur la nrif Board sHch yaca,e@s -
el5fai a. account o ia rezienati5r 5t ~ 3 "
nnter ii sh4res Insolvency or Absence lfn1{ iesea
garTestf{e nJ5ntftz - ~ '-s't' leafe loi ihEee
ARTICLE XVI
Books for the registry and transter of stare al t st.I
stock l he opeRed sad Kept subject restrictions dilset
books signed By he shareholder or s attorney 5ie
books niretsrs may close Ms 1fteh ns 80
BMpedeucy require, but fer n nnger tsSa H.
DAYS al a tne Should ul,y subseer Ia lie Tt5e 80 W
transfer the previous TO full tavneat ha55S ,.a
al The PARTY purchasing pfovu si he
" Ne'vt'.
ARTICLE XVII.
A aiirraf rnHn. aaio,