New Orleans daily crescent., 1860-07-09
NO. CITY RAILROAD co.
rHARTER OFTHE NEW ORLEANS CIT
~ RAILROAD COMPANY.
UNITED STATES OF AMERICA, STATE OF LOUISIANA,
.CITY OF NEW ORLEANS.


Lord thousand eight hundred and sky, Of the nds
ssasas EbWARP TARSET1 @SsIss
said day commissioned sworn personally ap
peaed hs Persons1 1 heenaer pansd and wh9
the Statutes of the Stale Of Louisiana relative to The organne
agreet and BY presents agree
selves and hose whom ihsy represent 70 form ino
laoHs, regulations and obligations following, to.wit;
ARTICLE /.
The Corporate Of this Association shall he the NEW
ORLEANS CITY RAILRoADCoMrASY."
ARTICLE IL.
The place business legal domici this Corporation
shall be located in the City Of New Orleans
ARTICLE
G The Ges @ S to d psss and M
Il snd 70
be conferred them for building and working City Railroads.
ARTICLE
% The Capital az oe Of This rat hereby fixed at It one
hundred dollars EACH five of each subscription shall be
shall be paid the time in The directed by the Board
Subscription 3 be called for At any one n and not oftsner
tsn SGss % any thirty s ssy usgec. 10 m
or tall s. aj the mature and fall due
added thereto from maturity iii and subscriber
negsc refuses e pay his nstament nstalmenis within
Directors feerve keseses hs rsht Of causing any
sold 4, public auction or ohsfwe after Ten mo-
tice thereof by advertisement
ARTICLE V.
sason s principal Henry Hart Frederick Wints and
right for the construction Of Railroads The City Of
The forth said which here referred
sGs sss slsy a @
dollars q therein ; lad and agred to be paid by the said pur
The cash payment of wenysi thousand dollars, advanced
Ss s ass VIM III
proportion their
speetiyey r as the said sum will apply IN the Of
said purchase price VIZ One hundred and foqr thousand
eevnr notes for thp m Of tbntana m any"
ar Sy se @ 70 the ei order y nS a
dated DAT the e b. d9 S Fefgsty ; eighteen d + @ ana s
two three -four date with six per
Pee % & S e g Naar Paid gen h d s SS % Tss We as P
said Act and which od hereby assumed by this Cor
fea sad eee a y s company .
So ARTICLE VI.
This Association shall into operation from and after the
| -ERTIcLE VIZ.
This Association shall have Corporate Seal the device
which shall he Crescent within Circle with horses and
Car and the Of the Corporation traced thereon
ARTICLE vtII.
These Articles of Association may be modified altered
the capital stock be increased any exceeding
9 s IN o ali Se M
ds sixty ds
noc @ 9 o. y M @ e san s ee s IN mp
have The privilege taking additional shares proper
@ Se s S ha time sefs bs M e beeo
fer the benefit OF the Association but not al less than
ARrIcLE1x TX.
All powers Of ts CORPORATION shall be vested in Boad Of
hold in his own rgi AZ least twenty-five hundred dollars the
ARTICLE
The following named siockholders VIZ John p sIawson
Hsny Hs H.ns TH as psf nsh Hsan f. Pa
Josiah Cole, F. Massico and W Hel@e,
,sl5 number President
Who shall be elected as provided Eleventh.
On the third Monday in December eighteen hundred and
BY the stoekholders shall be held the office Of The
shall be given two published city Of New
Orleans.
voted upon shall be sufficient elect Directors shall
beT for Preden Of the ASSOCIATION who Shall be elected
oi6sr Legal poeeses shall Be served
shah nc duty q ,ls Peiden. to preside At all meeting
Bo shall elect Of their members President wht
ioas sha e y ballot under he
Drectors at least one week prior 10 election
ARTICLE XIII.
majority Of the Board Of Directors shall be
cooperate act except for purchase right way
r. bng @ nsx @ for s gpse @ the Of Soe Eso
of Directors.
J, ARTICLE XIV
Any being himself for period
months may nominate T. e. substitute IL HI e
e ge Of the h o 10 s Of n he mpeny n peS
d also said substitute be elected by the Board Of director
sr for the time being
ID ARTICLE XIV.
The Board Of Directors shall appoint Secretary, and
a ia o ali % o hf the m a Il
of security that shall be required from said officer
Board ae delegate Dc I such power in the irsnsaste
Z own body Officers agents they may exped
conditions them shall
shall have power to make bylaws rules and and
require it. and shall as9 haye poSef 10 supply
Cared on @ Of DEATH regnaion want Of the reas
number shares insolvency thr
ARTICLE XVI
Books for the registry and transfer of shares Of the capt.
@ ha @ be sRned a s @S o ts m a s s d. s
and signed BY the shareholder or s and w
hs H sspedieney gsaar but ne os Longer han
lis M he Same 10 FIJI payment having been mad
he shall be permitted to do 50 BY substitute Of The sabscrp
he tioh is satisfactory the Board Of Directors
ee ARTICLE XVII
er failure elect Directors the nam
ds that shall dissolve this ASSOCIATION but the
ihs in office shall hold over until another election
IN; n. Article l., and continued until an elecions had.
~ ~ ARTICLE XVIII
or @ other purposes sha entitled directly proxy
&c bt stock held BY h s RTeHbs @ no soe
provided also that he shah have owned his stock at least thr
ARTICLE
No partners, whose subscription is in the of
commercial firm Of which they MEMBERS shall be eligible
the Direct of this Association shall
any other City Railroad his partner be Direct
I'M of this Company.
ARTICLE
Minutes all the proceedings Of the Board of Directors
be kept by Secretary and verified by the President
Secretary shall sign all notes drafts checks
fcaes stock, contracts all sher evidences Of debt
this corporation.
ARTICLE
The Board may accept Professionally any pow
or privilege this Association
IA which the is formed, adoption
any new act ordinance of the Legislature City
"a but tile acceptance any sch power privilege
~ determined by Of majority in of the
holders.
ARTICLE XIII.
liquidation of the affairs of this Association shall
by three commissioners, appointed by tile Stockholders
for that purpose days previous
tice newspapers published in New Said LID
daors shall solvent persons residents of This city,
cbted the Assoc alton their term of office shall be assign
all necessary power shall be conferred them The per-
for liquidation shall be fixed well their compensation
the Stockholders may resolutions in gene
tes | meeting convened, determine.
les ARTICLE xxIII
i'd. ,, t; tt.+ = ~ i. .,.,.
ia Ihe ales ahu @ Vi 1He PARTIES " s