New Orleans daily crescent., 1860-08-03
M d. CITY RAILROAD co.
TEP nv TiSIS NTSy ORLEANS CRY
4 n TI.JsflAD COMPANY, a9s

the(
peared The persons Hereinafter named and ndeIsignea who
sss statutes II tSe Stale q
ton I'm 81 n se y esssns and
and those when thsy 5r he osiee and pns Nc 0
ao AM obligations following, io.wit
Il ARTICLE
oRsAss eT9 Piss coMP&NY 0s 's
4 ARTICLE II.
The place Of business Legal aomr Of this CORPORATION
4 shall be located in the City of New Orleans.
ARrIcLE
The object of is Association is 10 and maintain
Il esng and gspegs h 9 exercise
be conferred them for building and working City Railroads
ARTICLE ".
The Capital Stock Of this Corporation hereby fixed
million of dollars represented thousand shares of
hundred dollars hvc per subscription shall be
Ss eosd @
81 bs i Spi S5s n oe & p and o
than once within any thirty days
insialment inssmsnts same mature and aii dae
interest thereon ai the rate Ct cent shall be
negccts refuses his inaent instaIrnts within
Directors reserve 10 themselves ihe Fsht ei causing any
id s n e nsi T ar @ I'm g DC aae TO Do
| tice thereof by advertisement,
ARTrGLEav.
The said Corporation hereby the obligations OF John
ssSSn n nspa and d Henry Hart Frederick WntE and
right the City Railroads in the City Sf
New Orleans net passed. Charles H. Fortier CITY
Rso aaafsa
tie nanaer sad Which HE ere asd r. a.
and msds part m aegso & snd d aso hereby sNpres
dSar fae5s, I haid and areed o be paid BY he said
The payment tgentssx thousand dollars advanced
M s said shall BE- applied Y ne o e
Y sawson, AsnFy nsIi ftsdsiek wafa and Patrick Irwin
their said they become r The balance
dollars which purchaser has furnished Iii foar
y ss liz hen %
HI Wn sha T aSE % pa sy % I
an payable a the Louisiana State Bank in this city, one
PET an1a paid which ssid no notes V wera ISs. par.
e e ad e s e ae 10 s WIN A. M @ asrs
pera1 and eSnrssss agfed 70 he Ed by The Company at
ARTIcLEvf.
This Association shall 60 inta operation from and after the
This Association shall have Corporate Seal the device
Car and the 1sne OF the Corporation traced thereon
ARTICLE vIII.
These Articles of Association may modified altered and
Rs o 9P Gsk he s aae 70 % IT.
wohds in all The Stockholders Obtained
ss 6 h as' wRn @
ne q Ns@ oa ms s
have the privilege Of taking additional shares proper
he espato o ha y be disposed j 81 tie o becors
value.
ARTIGLEIx.
All powers Of this Corporation shall Boad of
Directors coarsnE Of PERSONS each Of whom shall
hold n his own right at least hundred dollars the
capital stock OF said Association.
ARTICLE
The following & named stSshoaeIs tSss, ya John sawson
asns ene Mn s. NTo % 4 AEea + foss
Josiah Cole I Z + hassieot and Geo W. Ielme hall com,
ha Il IRsir meeting eiT President
who shall be elected as provided in Article Eleventh.
ARTICLE HI.
On the third Monday in December eighteen hundred aud six
Ss oes ssftS e tSs ess oasps
ali be given in two published in the city
Orleans.
voted upon shall be sufficient elect Directors shall
ber for President he who shall be elected by
majority Of the whole Board and upon whom ali citations
Il shall be tie daiy q The Prssident preside at all meetings
shall elect their President pro tenn who
shall for the time being exercise the full powers President
appointed By Board from among the stoeEhod
ers no Drectorsl at least one week prior election
ARTICLE XIII.
majority Of the Board Of Directors shall necessary
form quorum and decision Of such majority shall valid
corporate aet except for the purchase Of the right of
e Il bnlg @ nsw ron oF Gr s REtfse m of real
| ARTICLE XIV.
Any Director being himself for period of six
a Gp sa y II H. saes op @ IN nd s 1 stead provided
aso thai said substitute be elected BY Board Of Directors
fof the time being. ~
Tie Board Of Directors shall appoint Secretary and all
ss ~ and s sad = III my asFs q % IT, a
amount Of security that shall be required from any said
Said Board ae delegate such power transaction Of
the ordinary haness Of the Company 70 Committees Of their
emit and may ase appon, ageuts within and without this State
alter the the the corporation
IN gO
cIes that il their Board such may be de-
number Of shares insolvency. absence without three
ARTICLE XVI.
stock shall be opened md kept subject the direct
books b Shareholder Or his attorney and Rhch
said neos dns nraG,e IN may eose a often as
dass time shaua Spe5gfiher stock desire 10
he shall be permitted do substitute o he sabscrption
i ton is satisfactory the Board Of Directors. -
i ARTICLE
failure from any cause 70 elect Directors the
then IN office shall hold un another election
Article L., and continued until an eectionis had
4 ARTICLE XVIII.
Eas shsssheaeF 4 AZ T. mesi9s fST is election Of Directors
vote ca stock by Him hid IA stoek
hae o a sss
months prior to The day of voting.
ARTrCLE XIX.
No two partners subscription is in tho name Of the
commercial firm Of which they shall eligible al
the time Directors o this Association nor a Di
Of ohe City Railroad his partner be Deeto,
Of this Company.
{ ARTICLE Xxx.
Minutes of all the proceedings Board Of Directors shi
be kept 5 the Secretary and verified bs the President III,
President and Secretary shall sign al drafts cheeks GER
hcate o stock contracts and all ster evidences debt u
!. his corporation.
: ARTICLE
The Board Of Directors accept professionally any powc
privilege conferred this Association amendment
The law under which the is formed aiouion ri
act or ordinance Of the Legislature City Council
but the hna acceptance Of any such privilege
be determined by Of majority in Stock
holders
ARTICLE
The liquidation Of the affairs Association shall be mad
by three commissioners appointed by the Stockholders nj
meeting convened for tat after sixty
tee in two newspapers published in New Sad liqi
aofE shall be solvent residents Of this
dted 10 the Assoc alton their term Of office shall assigned
all necessary shall be conferred The period
for liquidation shall be Xed well their compensation II
Sfarkh0ldefs
meeting convened, determine
n ARTICLE xSIlT.
The and respective the nara 10 h,s ac
| are declared to be AS follows, 10 wit:
N Names, No of Shares An,onnt
=. b siawsoah = 2oO0 S2l10N
4 rreaarick Mintlts. = ltsM llNuN
Henry liar. 1000 1Nnnk
: fnltcS irwin. $50. iBO
AiFeu Fenh. IhM
Samuel smith X &c. ..,..........4.. tAn llkYislf