New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-06-30

N. o. CITY RAILROAD co.
1sHARpEIs or mn Il NEW ORLEANS cry
~ RAILROAD COMP NY.
UNITED STATES OF AMERICA, STATE OF LOUIS "
rrYy nr NEW 1p14EA.s7 f<f4ss'7


UNITED STATES OF AMERICA, STATE OF LOUIS, ~.
CITY or NEW GRLEs -
BE II known that this dfteer.,, a. I've,
o ,s. sh md ae m s yer s 81 r
m .s sas P May Y a.ds.
said only commissioned and personally md
sVsss em se sa
o s y s se IT. e rssse 2 @ i asd
ageed and do by these covenant and bind them
Gopoat%s III os and ande silpa
aions regulations and obligations following, to-wit "a
ARTICLE I.
The Corporate OF this Association shall be the NEW
ARTICLE IL
The place legal douic this Corporation
shall be located in The City Of New Orleans.
AR1IcLE III.
Tho object or this Association Is construct and maintain
City Railroads. with suitable and branches for the
q CARRYING ana genesay 70 eSsrf,ss ssn
be conferred them for building and King City Railroads.
ARTICLE
The Capital Stock of THU Corporation is hereby 1xed Mt one
million g, dollars represented b ten thousand haes q Sne
a. M e nj Tr fen %, fn nnd m qensndsr
shall bspaid ut tic time and in the manner directed by the Board
subscription shall be called for any time, and not ofteer
Should any subscriber neglect paw pnctnaly his
nstmet nstalmen,s the mature and fall due
added thereto from maturity I'll aymet and i ag @
% s o. e as l p Soseed a % n az he d
Directors themselves The right Of causing any
sod ii public auction Otherwise days previous
tice thereof b advertsement
ARTtcGe Y.
Tie sad Cooperation hereby all tc obligations Of JOHN
& I'm. prsR add sary ar ee 81 Mn2 re-
Igt way or the eonneton u d City liar@ads b tie cs
New Orleans net passed before Charles ~ torer City
INV I'D olgaies Hull sai DIV Raioass aeeSr
The forth said noaril which IL hese reerredto
and made part hereof and also hereby sxpy agrees to as
dollars therein paid and agreed TO be paid by the said pur
e Ta ca ,s io9S o ., xan,a
by said purchasers shall &c applied 10 the payment Of s
D. @ @ Ea md ae
IN G @ Of TIER seTss sn III a 81 pa
their mid they become due aud for The balance
dollars which aforesaid pncla lis fuf
d 0s M I sum OF o Ts 6 hca8 %
flsacrick WinNa and Patrick Twin and y them eudosed
md pa va ~ lie ISsisin Bank this city one
ree and four yeas from win s,E Psi a CENT eaSs
spsq y Re aloysa Eo'ss identity isaa ti H. te,s
aid Ast a5 which STE o;ea 'fs he.eey s n ,
maturity, according 10 their tenor ard effect.
ARTICLE Va.
This Association shall go into operation fr6m aud aer the
ARTICLE VIZ.
Th, Association shall have Corporate Seal the device
which shall be Crescent within Circle with two horses and
ARTICLE VIII.
These Articles Association may be modified altered and
ca st9ek Iay ba increased e cry sum nos eseesa,pg
amount sioctholdrs obaiaed
ever any Increase Il esp'a shall j. dn s5rrd sisy days.
otce Of &c ape sa Ne gixes IN I'VE i,eN IN
have e privilege Of taking additional shares proper
the expiration time may disposed b. Difeeois
fer the benefit Of the Association bat not less than par
ARTICLE TX
An Of this Corporation shah be vested in B5ad Of
Directors, cemnI o. twelve PERSONS onch ut Nfon shall
hol IL his own right At least twenty five hundred dollars Of the
capital stock Of said Association
p
The following named s;eekhoders yin Jots i sason,
Hsny s Ha t Arsg us % JANET P EzS n ;ef oI,,
Josiah eela, j ) g. Maseot. and Geo W. ITeIe, a
shaI At bill meeting eec ore Il fhes aaer Pfesideat
and sud- Boa ss NIL b. leis successors
ARTICLE
On the third Monday December eighteen hundred aud six
cf y lie shall held ce S q the ooo
ne y lsF Ss
Orleans.
plurality Of votes Counting for each share
voted upon shall be snalcient e elect Directors sa at
e 81 S as hsr ses0n s choose ns Of their
the n @om a ali sissen G and
h ,Iaa Y tes d 4 FsSsnt e preside a meetings
ARD sas s w ts
shall for the time being exercise The full Of President
gs s oa e sosReS
es DOT Directors At lestone week prior any eccticp
ARTICLE xiii.
form quorum and decision majority shall he valid
corporate except for the purchase right way for
in building rcads for the
which shall require of three onrhs The whole Board
of Directors.
ARTICLE XIV.
Any Director being about absent himself period Of six
months less substitute his provided
said substitute shall have in his right less twenty
shares OF the capt stock of the Company; provided
also that said substitute be elected by the Board Directors
for the time being.
ARTICLE XIV.
The Board Of Directors shall appoint Secretary and all
clerks and agents. and the pleasure
shall fix Of officers the co pofaou and Tho
and agents.
Board may also delegate such power transaction Of
the ordinary business of the Company to Committees
own body, thor Officers agents. they
and also appoint agents within without
under such conditions them shall proner they
amend alter the Whenever the interest Of the corporation
require it, and shall also have supply
eies that in their Board such
clared of DEATH resignation. requisite
number shares insolvency. absence without leave
successive months.
ARTICLE XVI.
Books for the registry of The cautn
shall be opened and subject restrictions
ed by bylaws all transfers Of shares shall said
books and signed by the shareholder or his
said books The Directors convenience
days time. Should subscriber the
transfer th1 full having made
he shall be permitted do so by substitute the
The party provided that the substituted susrrf
ton is satisfactory 70 The Board Of Directors
ARTICLE