New Orleans daily crescent., 1860-11-08
N. o. CITY RAILROAD co.
rHARTER OF THE NEW ORLEANS q;
" RAILROAn COMPANY.
TINTED ST kTEs OF AMERICA, STATE OF LOUISIANA
tfa,As Il A

Tarea du be hereinafter named undersigned who
dsGsss " ~ % se sna relative o orss
ton Of Corporations in this state they have coyenaned aud
sSssa stsss snd sss ss
and oG me %eyb NV
ARTICLE /.
tn 81 bSsH be '
ARTICLE IL.
The place OF business and legal domiel oil this Corporation
shall be located in the City of New Orleans
ARTICLE
The object of this Association to and maintain
City Railroads. with suitable and branches for the
Il W. ~ bss %
conferred them for building and working City Rsiiroads
ARTICLE w.
The Capital Stock this Corporation hereby Fixed at one
million Of dollars represented by ien saste y 9c
pagsbe at he lime ssnsr these Articles and remainder
paid the time and In the directed by the board
subscription shall be called for me and not oftenar
Should any subscriber neglect pay puaeualy his
nstament insaiimens ~ he same mature and fs due
added thereto from maturity t payment and 4 any
thirty aays s s "a u hs as q caasnp INV ~
sold public auction otherwise after ten days previous no.
ARTICLE
The said hereby all the obligations Of John
sswson principal and Henry t Frederies Wsn,s and
right Of way the construction Of City Railroads r The City Of
Setay on Tie seventh day Of February eighteen and
sixty oblgaes said pity Railroads aeeerd
ss ~ 1S PET e Il Which
and ps ss s Of S one bSndd d &
dollars therein paid and agreed TO be paid by the o pai
The cash payment Of twenty dollars advanced
BY Che said cha hs b. spRsa e ss p he sd Sl IT, %
b. siawson Henry Hart Frederick Wnz and Patrick Irwin
spectsey the said viii apply IN the payment Of
their sd y hsy become dgs sa l es @ s
dollars for which The aforesaid mas
dollars each drawn By himself to the order q Henry Hart
Frederick Wn end Patrick irwin and Py them saoTssS ss
and payable the Louisiana State Bank Ia this ey A. cne
wG pef snn9 snrss 1 om dns an PAID Which d par
he by the soTs,ad ] Notary 10 Identify ss% % b S & sig5 Core
poatn and expressly agreed 60 W pad ~ the Company at
| maturity, according 10 their tenor and elect.
ARTICLE W.
This Association shall into operation from and alter se
1A's " ''''' 90 ARTICLE vtI,
This Association shall haze Cooperate Seal the device
which shall be Crescent within ocse WIN TWO horses ano
| Car, and the nalne ofhe Corporation traced hefeon
ARTICLE ylTI.
These Articles Association may modified altered and
the capital stock he Increased u sum NH exossdng
consent o tso6ts il anoani u ali Ss soskholdys
ever any Increase caps shall duly authorized sixty days
noiee The same shall published n
have ihs PriyileEe y akne additional shares y proper.
he eSntion Of that time uAy - disposed Of by he Directors
fer the benefit Of the Association bat not at less than
ARrIeLEIx.
An powers Of this Corporation shall be vested Boad et
hi IL H. own ieh9 AZ s bnnd -, 4 dS4 az ~
| capital stock Of said Association.
! ARTICLE <.
The following named Stockholders viz John b. sawscn,
Henry Hart Frederick Wint, Patrick Irwin, Alfred Penn,
Samuel Smith Armand Hsine james o Nixon L r. PSrst,
pose and are hereby Board Dsetors who
a Ia g B a ers 3 s. S
who shall be elected AS provided in Article Eleventh.
ARTICLE
On third Monday i December eighteen hundred
yone aad annually thers.er selsn re- wsiys pkec
ration which election previous II ten days
shall be given two newspapers published in the city o New
Orleans.
plurality of Counting vote so each share Of stock
their meeting after their election rhoos their mum.
President Of the Association who shall e elected
other legal processes shall be served
Of the Board and In ~ absences inability act the
Board shall elect of their mtnhers President pro ie
Al shall y 6soi under be spsatsndenes OF
inspectors appointed by the Board from among the soekhod
mot pirector at least week prior my election
| ARTICLE XIII.
majority Of the Board Of Directors shall y necessary
except for the purchase of ms right Of way for
which shah require vote Of Of whole board
of Directors.
ANY Director being about to abseat tn,self for
months oress may nominate substitute in h stead provided
said sabs,ate y ~ Shs aaEe N hs on Eh mol sss than
also that said substitute be elected BY the Of Dresser
for the time being
ARTICLE xY
Board Of Directors shall appoint Secretary and Al
@ sa m sa ~ vi z III S osers j ~ ~ ns 4
Of security that shall be required from any said ce
Said Board may also delegate such power the
The ordinary business Of the Company Committees Of ths
en aud also appoint ageuis within without th siafs
nnde such conditions TO them shall proper And he
shall have power 10 make bylaws rules and regulations aud
amend OF alter the same the interest Of The copo
tat occur in Ihfif Board ch vacancies may be d
eared account Of deah resignation want IF fcatt
number of shares insolvency. or absence without for thre
: successive months
Books for the registry and transfer Of shares of the capit
stsek sha he opened re- kep saes T. We restrictions dee
books and signed by the shareholder his aorney and ghie
expedeney may require but not for longer pc than ts
days time should any subscriber TO the stock desire
he shall be permitted 70 do 50 BY substitute of tic snbscrpie
ton IS s%saoioy Tie Board bireeio substituted ''se
5 ARTICLE XVII.
failure from canse to elect Directors the day name
reclors then in office shall hold until another election
held Of which notice shall forthwith be given as provided
| Article II, and continued until an election is had,
ARTICLE xvIIL
Each shareholder at all meetings for the election Of Dreco
vote on each stock by him. pcva at as
a a sa he f ags owned sss fxs M stsd
| months prior TO the day of voting W
No two partners whose subscription Is In the name ar 1.
The same Directors of this Association nor sbaif
rector any other City Railroad his partner be Diree
| of this Company
ARTICLE
Minutes of all proceedings the Board Of Dlreco a.
kept by Secretary and verified by the President ana
Pres Secretary shall sign all drafts cberLr
cateS stock contracts and all sther EVIDENCES of debf
this corporation.
ARTICLE
of Directors may accept professionally anv
the under which the same is formed The adontia
80 any ordinance of the Legislature or C Eonc
the final acceptance Of any power or bg
be determined by vote of majority in amount Of he soc
y holders.
ARTICLE XIII
The liquidation Of the affairs of this Association shall he ma
by three commissioners appointed by the Stockholdes
meeting convened for thaf purpose after ayA pvoe
shall be solvent persons residents Of this cty
iebted TO the Assoc atom their office shall he
necessary power shall be conferred on them The nj
liquidation shall be fixed well their eompensetn
such the Stockholders may by resoluos In
rs meeting convened, determine. " e1
. ARTICLE XIII.
The and respective interests the parteS tb
: declared to be as follows, to wit: ~
Names. No. OF Shares Anon,
=: IS SiaWsen. q1i 11U9 5000
FREDERICK Hlhs'. l0Op l00t
Henry Hart. art.......,..4..t,-....t..... 1000 iNI
fhtrick IRWIN. --'.....'-'s'....t.,.. 1000 .110t
| Alfred PENN 100
Samuel Smith &Co.................. 1000 I6af
A. NJ. Heine. 995 g.E
Josiah Cole: ..;.t...t... -.t'..... 26g 25f
Pescher Forstal. ......... 200 a3 1i
e J. l., Warner &Co....,.............. 200 201
JAS Q. Nixon. .s....... 200 NG
Geo. w. helme. 200 2Df
E. j. Hart. ACKNOWLEDGEMENTS, 100 io6
Il S. T. Tayler. 100 1nH
L. nj Enan tn,