New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-12-13
N. o. CITY RAILROAD co.
CHhRTER OF THE NEW ORLEANS CITY
~ RAILROAD COMPANY,
UfHTED STATES OF AMERICA, STATE OF LOUISIANA
cry NEW ORLEANS.

UfITED STATES OF AMERICA, STATE OF LOUISIANA
CITY OF NEW ORLEANS:
Be known fifteenth day June year
1 enc ss T ana sy and G The nd
before me. EDWARD RARNETT, Notary Public il and 70
said duly commissioned and personally and
he named and i wig
the of the Stale Louisiana relative Inc organize
Of g III II 0 STATE @ have anti nd
selves and those whom they 10 form themselves into
ations. regulations and obligations following to-wit
| ARrtCLE
The Corporate Association shall be NEW
| ORLEANS CITY RAILROAD U0MPANI.''
| ARTICLE II.
e paes o bqsnes and H egs dqmc of this Corporation
| ARTICLE zl
The object Of ths Association is construct and nantsIl
81 & 3 a EseIy 70 eSeffe snch
m p S1 a ri l h5d mi rg 9 @ hges
| ARTICLE
The Capital Stock Of this Corporation hereby fixed at
hnnGed doS CENT of a be
Gb @ s ns sa s s ass ss s BE- ass
provided ha not more than ten per cent q aid
than once within any thirty days.
should subscriber refuse neglect to pulcuay his
nstalment nstaments the mature and fall due
interest thereon the eight per shall
neglect Ii or nstans ]
Directors e Remseves The eht q eans ay
share shares which nstament be due
tce thereof by advertisement
| qa@ ARTICLE V.
The said Corporation hereby all the obligations
B. slagson principal and Henry Hart Frederick Wntz
Irwin as security IN and 70 contract Of purchase Of
New Orleans before Charles Fortier Cty
Ind soad seeod
ct @ sed ] he ] aed
and made part hereof and also hereby expressly
doa paid agreed to ee paid BY lie
The cash payment tweniyx thousand dollars advanced
y he sad @ shat be applied to the payment Of the
b. siawon, Henry Frederick WHIT and Patrick Irwin
spectivey 50 far al the sad sum viii apply in e
their said fnsalmen they due balance
dollars which tie aforesaid purchaser furnished lis four
dollar ese drawn By himself 70 the order Henry Ha
Frederick WHIT and Patrick Irwin and by them endorsed
and payable 1t tie Louisiana State Bank ii Ills city At one
s@ a p ds,S se d en wers ps
s 5 By a hs e sd Notary them with The aee
and agreed to be paid by the Company
| ARTICLE
This Association shailgo into operation from and The
ARTICLE VII. ...-.~
This Asspea9H shall have Corporate Seal the device
Car and the name of the Corporation traced thereon
ARTICLE VIII.
These Articles Of Association may modified altered
the s9ek nay BE- to any sum NOT exceeding
Of thirds in all the Stockholders obtained
ads Rees y
privilege Of akiDE additionai shsTes ii
expiration Of tine &c dsposed i y lie D asfo
FER the benefit Of the Association less than pal
value
ARTIcLE1x
All powers Of this Cooperation be vested in Boad Of
Directors, consisting of twelve peaen shall
hold h rhi least hundred dollars Of the
H. ARTICLE K.
The following named Stockholders John B. sawson
Henry Hart, Frederick Wintz Patrick Irwin Alfred Penn
4 lStDit II
Josiah Cole ~ +. Mascot, Geo W Hsme shall COM
h nd 4 ds a fsng 9f one e hF President
who shall be elected Us provided in Articls Eleventh.
7..@ ARTICLE
On the third Monday in December eighteen hundred and six
te stsckhodeFs shall be ss Of the oorpo
ration of which election notice OF DAYS
| Orleans.
plurality votes Counting one vote for each share Of stock
Spen shall Be sufficient to elect Directors ha
ber President the Association who shall be elected by
majority Of the whole Board and upon whom all citations
- L ha 6e the 5y Of s President preside a all meetings
Board shall elect Of their members President pro tenn who
shall for he tine hing exersse the fg powers Of President
inspectors appointed BY the Board from the sockhold
ers not Directory at least one week prior any election
ARTICLE KIN.
majority Of the Board Directors shall be necessary To
form quorum and ID DECISION Of s,ieh majority shall be valid
otin building Hsw FGsd. q for the ppEcse Of real
| of Directors.
ARTICLE XIV.
1 r,i.aa.o- lai-,,. ,t,.,t =. -
any eeto ues 9 40 a1eiii Se Ter a period Of six
rfd sIaj have in IL ,y t III stead PROVIDED
five shares Of the capital stock Of the Company provided
eisy ~ ,,s ii, w e' W we board oil Directors
| - - ~
/ ARTICLE XIV.
| The Rnara nf Directors shah anno;nt a s. -, ~
c1aLs nd agsns mud may =. na fa anu an
MI IL $780, ~ Ill - H. 'ie ~ pleasure and
amount Of security that shall be required from any said officers
| and agents
s&I board may also sach power in the transaction Of
tue Ordinary business OF he company 70 Committees of their
owl boy OF LeiF oets OF ~ ey may deem eNpedi.
eh ana may al9 appoint agents fhi ana without this State
shall have power make by regulations and to
the
require and shall also power suppty any
rlst in their Board
elared Of DEATH rsnatf0n of The eGuse
number OF shares Insolvency. absence without leave
1 successive months 1
ARTICLE XVI.
Books for the registry aud shares of The capal
stock shall be opened and kept subject to the
All transfers shares shall made on said
said books the Directors close
expediency require longer peffod than ten
days time Should any subscriber stock desire ii
the previous full payment having been made
be shall he permitted the sutseriiinr
Of the party purchasing provided that the substituted
|
ARTICLE XVI.
failure from elect Directors day named
reors ihe ~ ONCE sii Aold over until another election
heid OF %ic hotce SNAIL be given provided in
1