New Orleans daily crescent., 1860-08-08
N. O. CITY RAILROAD co.
(1HARTEEs OFF THE NEW ORLEANS CITY
UNITED STATES OF AMERICA STATE OF LOUISIANA,
CITY OF NEW ORLEANS;


UNITED STATES OF AMERICA, STATE OF LOUISIANA,
CITY OF NEW ORLEANS;
BE ii known that fifteenth day Of June in the year Of our
Lord thousand eight hundred xy The lnde
bsos q f Sos Pa PeSs y o
The City and Parish of New Orleans State Of Louisiana aore
pearea he hereinafter named and pneTsgned whq
the Statutes Of the relative the organiz
ton Of Corporations this State they have eovenaned and
laions, regulations and obligations following, to wit:
ARTICLE 4. 4.5M=
The f q, hssGsSGn Ma hH be the
- ARTICLE II.
The place of bqsae and a egs dGms of this Corporation
ARTICLE III.
The object of this Association maintain
City Railroads. with suitable turnonis and branches fer the
b eanersd N hea @ fe badng and workSe civ Raa
ARTICLE 4@@
The Capital Stock of this Corporation hereby Fixed
million of dollars represented by thousand shares
payable d signing these articles remainder
of Directors provided than per cent Of aid
subscription shall be called for At time and not oene
shond subscriber refuse neglect to pay puncualy his
thereon al the rate IF eight per cent Der num shall be
added thereto from maturity e and Il any subscriber
thirty days after the specified time Of payment s Board Of
share shares upon which nstament be due
sold public aueon otherwise, after days previous
tice thereof BY advertisement,
ARTICLE V.
The hereby assume all The obgaSns q John
security in and 10 the Of pnehe o
right of for the construction of City Railroads the City Of
Sea on fG FsS
sixty and ohigaeS e to construct said Gy karGa accord
s III @ P set h Il sa T hs te red a.
S fS e one y aSffs
dollars therein paid and agreed be paid by the said pur
owl
The cash payment twentyx thousand dollars
ii proportion Of their interests in the said cash payment re-
50 ar as the said sum will apply in the payment Of
Y he sad price vi one hundred and four thousand
dollars each drawn 6g himself The order 4 Henry Hart
dated dat the seventh a. qy ef Fe6esy eighteen hundred
and WIKI six 5s csnf e ne4e at ga
from dale until paid which said par
id Az and which si lotss hereby assumed y his
maturity, according 10 their tenor and effect.
ARTICLE VI, 59.-....
This Association shall go into operation from aud after the
ARTIcLE WI.
5s s s AsGgeGP % shs hass & fss NE device
Car, and the name OF the Corporation traced thereon
ARTICLE vIII. @.g z.@M.s
These Articles of Association may be modified altered and
two millions Of dollars in tie manner provded by aw with ths
consent Of in amount OF all The Stockholders obtained
ever any Increase capital shall b duly aaiIor1sd xy dy
The city Of New Orleans within time Stockholders shall
have the privilege Of taking additional shares in proper
he M expiration Of ha H. e may 2e disposed Of By he Directors
eI a'e oeh' u e ssoeoh' oat moi at less than par
,,l.l.I....i ~ Iiel 80 \.
peeo % @9e s = eS Of u & 9ad sba Gi
hold in hIs own right al least va hundred aia t5
capital stock of said Association.
ARTICLE K.
HenTy Hr F1eIsqiek Wni Patpc. fry Sg II ir spsSm p
Samuel Smith Armand lene James O. Nixon L. E. Ferstal
pose and hes5y e he u st Board m 9 IF nIl s c9
sha a her rs meeting elect es number President
sba hal he eIec e @ nToviad IN rice Eiss NJ & eeeeeos
ARTICLE ~.
On the hd MTpd9g in Bseeme eighteen hqnde aBd k
the Stockholders shall be held the office Carpo.
shall be given IN Two newspapers published in ,he civ Of Sw
Orleans w y ~"
ARTICLE XIII
plurality Of votes counting for each share stock
her for President Of The ASSOCIATION who shall he elected b
os s se h P Be S'h w0m all citations and
Ii shall duty u I President 10 preside at ali meetings
Bod sGa seet osS Pss%ea % po te @ sl Who e
shah for the time being SVcse the tni powers of President
AL elections shall be enlo under the superintendent Of
M arcs @ pI9e@ Z y " e5 sla iE" @ among ths sloeklohl
eS 'oi peeeoFs9 al e'se one week PRIOR 10 any election
majority Of the ord Of Director. or shall h. necessary to
form Quorum decision of such majority shall he yHlid
cooperate ac except for the purchase Of The right way for
u h IL halI rsoire @ %o o az bp Ia pfe M & @ @ essaa
" eite toe u Vi the Wlioie board
vi peeloie'
ioih y ~
Any Director icing about TO absent himself for period of
months or less may nominate substitute In his stead provided
@ sur haa ~ ~ [ II m ~ ,n w w it nov iess shsl twenty
also that substitute be elected BY The 6ar Of Directors
far lie lime being.
riGy~~s-=s.~ss--- IS 4..=
AKficLE &N.
The Board Of Directors shall appoint Secretary and nll
clerks and and the
] ny f " eelsit fiat ~ al sba e ri M f aa e
| sn1 @ arsnts @ X Ns'' i ~ = W 9 s sa'A oilcets
Said Board NAV also delegate snc mower In
hs ordinary hnsiness Of III onnov 10 ~ ti3
on body Or fbe onicers or anents ne bey may aaT,
nf ana NAV ALA annoin agss,s ,y;thp ad ~
under such conditions them shall proper And hey
shall have power make BY laws rules regulations
amend alter the whenever the interest Or the corporation
require IL and shall also have supply any
that may in their Board such may
eared account Of DEATH resignation Of the requisite
number OF saes insolvency or absence without leave for three
successive months.
.t.
Books for the registry and transfer of shares Of the capital
stock shall be opened and kept subject 10 the restrictions direct
ed by the bylaws All transfers Of shares shall be made sd
shareholder