New Orleans daily crescent., 1860-12-26
N. o. CITY RAILROAD co.
CHARTER OF THE NEW ORLEANS CIT
~ RAILROAD COMPANY.
UNITED STATES OF AMERICA STATE OF LOUISIANA
CITY oF NEW ORLEANS.


s1s @ q ss Rqfa gs q ess s Rs Y
ths cty and Parish Of New Orleans
said duly commissioned and personally and ap
aao
lion y Corporations this State they have eovenanisd and
agreed and do by these and bind them
snd consute Corporation objects under he stipa
lntions, regulations and obligations following wit:
ARTICLE
The Corporate OF this Association shall be tho NEW
ORLEANS CITY RAILROAD COMPANY"
ARTfoLE II.
The place Of business legal dornc Of this Corporation
shall be located in the City of New Orleans.
ARTICLE
Tho object Of this Association construct and maintain
City Railroads. with suitable turnouts and branches for the
purpose q carrying and generally exercise such
be conferred them for building working City Railroads
ARrIcLE
The Capital Stock this Corporation Is hereby fixed
million Of dollars represented by thousand shares
hundred dollars each i've cent Of each subscription shall be
shall be paid the time in the directed BY the Boad
subscription be called for al any time and not oftens1
hsb sbsaS sa sn hy as neglect m
nstalment or nstaments the mature and fall due
negiecis refuses rs nstamen insaiens within
Directors e emseves he h # causing any
sold At public aucton or Otherwise after ten previous
tce thereof by advertisement,
ARTIcLzv "
The said Corporation hereby obligations Of John
sawson e principal and Henry Hart Frederick Wntz and
right Of for the construction Of City Railroads City II
New Orleans as per ses Charles Fortisr City
notarssc which IS here referred
and made part hereof and D. also hereby expressly
dollars rel Rad and agreed 70 BE- paid by the said
The payment twenty SIX thousand dollars advanced
hs sad parsshassT shall applied e q le
sawson Henry Hart FfedefieE WHIT and Patrick irwin
in the proportion Of their interests In the said cash
he said they become due and for the balance
dollars which aforesaid purchaser has furnished bis four
dollars each: y himself ths order y Henry Hart
Frederick WinS and Patrick Irwin and BY them endorsed
svs 5
sphed By hs s5ossad IDENTITY viii he afere
porsGn and expressly agreed to be paid by the Company
| ARTICLE
This Association shall into operation from and after the
| ARTICLE VII.
This Association shall have Corporate Seal the device
which shall be Crescent within Circle with two horses
/ ARTICLE WIZ.
These Articles of Association may be modified altered
the capital stock may be increased any exceeding
II Of ali he
h S @ @ as
notice Of the same shall published
have The privilege of taking additional shares proper
Rs Expiration dpossd brseos
fer the benefit of the Association but at less than
/ ARTICLE
All Of This CORPORATION shall be vessed !, Road
hs m h Il q dgss q i Il
capl'al stooA VI 'atu 1Asso.iaion- ~
~. so,,ovn, named s,octSn1ds,. Jo,, n s.o.
Henry Hart Frederick Wntz, Patrick Irwin, Alfred Penn
Josiah Cole j. j. T. Massicot and Geo WI Heme shall com
pose hereby constituted the Board Of Directors
shall their meeting number President
said Board shall until by their
who shall Be elected as PROVIDED IN A,'i'ls Eleventh.
..,-s ,,.na.,. ~ pa.o1.,a. St; ai.,.,
On the thrd MONDAY ~ Deceper hundred and six
e BE- he &C. @ GT ~syS " We pee
ration OF winch election 9ee oi at least ten day
shall De given In TWO newspapers pnDshea in the city OF Ne'
plurality Of votes Counting one vote for each share Of stoc
their meeting after their election choose Of their
den ne an who shall be elected by
msjory o. me wnoe b9ara sna upon whom a citations an
other leg" processes s, shall ~ Y. be served
e The Boa and in ese a e. absence inability
oare s M ess @ Ga5 % ~ bs @ PF9
inspectors BY Board from among the stockho
es mot oec'os' a. est one week PRIOR 70 any election
ARTICLE KIN.
majority OF ths 5 s9sfd Of 9 rect shall BE-
oct a, cent For sha nncbass aT ~. % pc fs
o,n building roads for the purchase of real
Of sh Directors : ''' "A'i' o0a'
| ARTICLE XIV.
Il
Any Director being about TO absent himself for period Of ST
months orles may nominate substitute in his stead provide
SAID aosnle ha nave IN own rght not less than twenty
also that substitute elected by Board of Decto
'e' W ~ e'
| AhfioLk ~.
Tho Poard of D;rectors shall annont ssora.or ,,s ,
clerks and agents and may move the same nj nisa,ra
ha Ak the salaries Of ali officers of the co, noraon and
of secury that shall be reouired from sad ;
and agents. ,,.,
saa oaru may aso suen power u he transaction
tne otdhhry gunes Vi tne 70 committees OF the
own oo9y o el a ; VI ~ lhey may ueeIn exped
eii ntu u stS ~ ~ 80 X III n nls slst
uiaet such ~ ~ l hnui SEEM proper Ana the
alter the same whenever the interest of the copoo
require it, and shall also have supply
that oscu in their Board such vacancies
claed of death, resignation, of the euuis
number shares insolvency. absence without leave
successive months.
| ARTICLE XVI
-. =. ~ -o,.- .s .n,.. :, h = y, = =
shall be opened and kept subject the
ed by the by laws All transfers of shares shall be made
books and signed by the shareholder or his attorney and wh
said hooks the Directors may close as often convenience
expedeucy may require but not Tor longer iod than
days time Should any subscriber to the stock desire
he shall be permitted to do by substitute of the subscrp
Of the party purchasing provided that the substituted
ton is satisfactory to the Board OF Directors
ARTICLE xvii
failure from cause 10 elect Directors the day
for that purpose shall not this Association but the
ectos then ID oce small n3d over until another election