New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-08-13
N. q. CRY RAILROAD co.
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1 Is.Il A !. N


UNITED STATES OF AMERICA a, st AIE0F LOUIS ANA,
CITY OF NEW ORLEANS;
Be known, tina lhis dieel ay june III The year cnt
lsoq one ts1ashnd eight hundred aud Xy, the nd
e Ge I'VE BsNFT eS sisal aa oa rs
,hs Cy and Parish Ct New Orleans ele Of toasaua so
pca,ed he petsoss hereinafter naned aud uhde ssnrd who
the sta utes f the relative orsaia,
sSn Ct Sorpsa,i9s m III, STATE tnsa have oy9n,sd and
syes and thos, whom tey ePfeent e to hrs ye into
latious, saNops and obligation, following. to vii:
4 AErscIE i.
The Corpo Gf Association sli t0 tile NEW
4 oRLsAbS CITY RAILROAD COMPANY
/ 4EFICAE ~.
| shall b. located in Tie city Of New uti-anS.
/ ARrIoLE Ri. .-@ ~.@-. 51
The ehact # .ss As,eeiscn i 70 coa5ue: and Ransin
MY tsi',e Yi. s1s95 "5n92ss ald e,ltee 'er re
incidental powers and yiIegs hereby Nay Ere III
be conferred Oh Them fer ba'ldng werkn City aioeds
4 ARTICLE ".
dhs oaRiisl Soek Fl his eo.gotao is hereby G&cd
Sned q i ssb I T ~ @ th9Sa Shas Of En-
payable Tie lime 81 Snhg these srtiges te remainder
Of ec.ors proviaed ha mol more % ten pes eta # NIL
sa eg es!led for az any cue nc, aAd net eft
shoaid any subscriber te neglect paw punctaas hts
IL s t. q I es 1 81 T. aa h si Il
sasa sstae ON ,asit$ " paens ard Y WY subscriber
hiliy days atsl die specified iin OF payment HE Beard
ss o. shT,es aPea which any stalIgs, Be due
tics thereof ~ advertisement.
/ ARTICLE =.
r. said ooR9si0o hS5 p a A. h. Jo
Patrick Irwin security in andiot pca
New slrleas passed before charles NJ FofteT Guy
as's e. n sSs i. ~ Ct Il
ing 70 the plan and specifications, and within the time,
and made hesos hereby cxress agrees to u.s.
and he bonus Of hundred tirty Thousand
ehasers, in The Following manner, tg-ytf;
The cash payment Of thousand dollars. advanced
s III a ~ & shs b. spbed e o M
sawson Henry Hart Fddefek Wins and Psirick Irwin
in thu proportion Of their interests in The ia cast payment
55si IT. sa 5d @ hey ba1ss
doars for shieh he aforesaid purchaser has furnished
several pronsso,y for The Of teuysix Thousand
feasTck VIM ana PalfieR Twin and s. ehi S enorae ,
ay s Re ai al s B hHass T IL
ss @ iq a fo as s n, s h sa po,s interest,"
aphed By nc afoesaid Notary q identify ton with the arc
and spe 70 &c 3 ~ lie Gea is s9 ri
maturity Acccrding 10 their and effect.
AHTfcHEzrI. a.=. @.=s
This Association she'll inc operation from after the
ARTICLE VII.
which ha " cetcslt 6in Circle with i've B6 f and
Gar, and The Of the Corporation traced thereca
AETIcLE VIA.
These Articles Association may be modified or altered sn
me capial stock ma, be increased 70 any excenpe
consent ST twohi.d III amount II iii liz d
in seaer meeting convened after noice Weu.
1 s ss % Fl 'fo Ss sdp Sn hs
have The priyega Of tsking @diona sh h soa
tion 70 ,he amount ef taeir STOCK ard any shares taken al
fey the benefit Of he Association bat not vi less than puT
AETlc4BIx. .F.m
An powers Of this Corporation shall vested IN Bead Of
i'eEots co.sns Of eiye persons eech Of whom SHALL
capital stock Of s'dd Association.
ARTICLE K.
Tho following named Stockholders Viz John B. SIars5n
Henry Hart, Frederick Wintz, Patrick Penn
Samuel Smith Armand ieine james o. Nixon L. T. Forstsi
pose HEREBY frs, Boad Of Director who
and said ntl f nv eaie s psn
who shsll be elected provided in Article Eleventh
ARTICLE xI.
On the third Monday December, eighteen uarod and ak
y.One sn aagy shersai,Sr ssisn eE siss Direct
ree Of hIgh election previous notice 4 at least day
Orleans
ARTICLE x1t.
plurality Of votes Counting vote for each share
their taeefing after their election choose nun
and + eea. b
shall duty Of me President 10 preside at ali meetings
Of the Board and in Of absence inability act
shall for The TING being the full powers Rresien
sh b b by 1S @ tho
Direttors) least week prior any election
ARTICLE XIII.
majority Of the Board Directors shall be- NECESSARY tn
form quorum and decision of such majority valid
81 Sn ns rosd 70 or o be 81 he W.
which shall require threeouFth the whole Board
ARTICLE XIV.
ANY Director being about 70 absent himself ported Ct
months less substitute in his provided
said substitute shall haye in his rtgkt less twenty
so said BY Ge Board of prscePs
for the lime being.
4RrfeAn XIV
Board Directors shall appoints Secretary md I'll,
s sS sn H. aS sss snd mpy s ns
Of security that shall be required from AMI said officers
SAID Board also delegate such power transaction of
The oEd,ary hnsness Of The Company COMMITTEES of their
en and may aa appoint sgsls sn Sd @So ese sa
hn s such conditions Y - them eha seg proper Aud hey
alter The 81 The eoporten
s iI III sS gs eS a Sc De-
Iys RS et ssss
AR4Io1K 1yI.1.
stock opened Eapt subject to lie erieons iTset
~ sa'f a Rs made d Ria
said books ne DsferT may close AZ stte m
dass lime should subscriber The stock desire I'd 70
az d ag h sfss a
It o rs PsHS e re- BS e be to spesc
ARTICLE XVIII
failure from eoet Directors on the day named
ite il Office ssll hold nnl another election
Article L, and continued until m election Is had.
ARTICLE XVIII
Each shareholder all meetings for the election Directors
yote stock BY him. PROV led that no stock
der in his hundred yotds and
provided also, that he shall have stock t es tbree
months prior 10 the day Of voting
ARTICLE
two partners, whose subscription tho name OF the
commercial firm Of which they members shall eligible nj
Direct this Association, shalt hi
other City Railroad his partner BE- Director
Of this Company.
ARTICLE
Minutes Of a the proceedings Of the Board If Directors shall
be by tile Secretary and verified the President and t
Pres dent ard Secretary shall sign MI otes drafts checks ctr
af oF
Thu corporation.
ARTICLE XXI
The Beard of Directors may accept professionally any poor
prTege conf ed this any If
the law nnder VIII oh the formed adonnn nf
any ordinance Of the Legislature or CITY tounejI
but The nal acceptance Of power priyies anil
be determined BY vote Of majority te Stock
holders. ~
ARTICLE sxiI.
The liquidation Of the affairs Association shall he mode
by tce commissioners appointed the Stockholders
meeting convened 70 thai purpose after dtyS pFe zion. no
published orleans SaA liant
datos shall be solvent residents CITY, mi in
dahed the Assoc a'i0n their shan he Assued
all necessary thAl be conferred them Tho ,T;o6
for Liquidation shall be lxcd well teir
such the Stockholders nay by resolutions in general
meeting convened determine.
ARTICLE NNIII-
The and respective Interests the patc5 10 ts act