New Orleans daily crescent., 1860-12-21
N. O. CITY RAILROAD co.
4 ('RaaHBTER aHBTIER DETIa NEW ORLEANS CIT

" RAILROAD COMPANY. . VIA
UNITED STATES OF AMERICA, STATE OF I,oItIsIA IN Aa
CITY OF NEW oRLEANs: tn
Bs Y known that this fifteenth day Of June in the year Of
s5dsnSs o rnW tSsss EIgs
ss1 sSs6hr sao sNas y fs ssa6s 4 I'd
pa,d sa aux Se ePpoSs nd s~G personally
ssyeyay declared hat Of ihe proasions
lion oi Corporations il this they have coyenasd ns an
sfsed aad DO BY these bind
and constitute objects and andss tbs spS
ieons regulations and obligations following, o.wit: IN
ARTtcLE L.
The Corporate of this Association shall he ba NFv
oRLEANs CITY RAILROAD COMP ANY,
ARTICLE H.. w
The place of business aud legal doei of this
snail be located in the City of New Orleans
ARTIoLE tE
opeet Of this Association and uajutax6
lily lily wh suitable urnouts and branches for thf
al Peseggers and generally exercise
be conferred on them for building and working civ
ARTICLE ~. ct
The Capital Stock Corporation Is beebv xd At
million q dollars represented BY ten thoSs saes haea 9,
payable snns these ea i saaiP9a nnd t6a sq
sea paid at the time ana in the by the
s&esepton & sha BE- called for te and not oitene
should any subscriber refuse neglect to nay puactuay
srcan m ~ eS ne same nature and fall due
added thereto from maturity I'll payment any subscriber
Or refuses e pay his thstamet insianepts within
pifesofs reefSe Ss 's @ tine Of the Board Of
sSS 3 e pase IL ma9sto or oheFwse after days voas no
Article
The said Corporation hereby obligations John
T. sys i2 ay f psinepa and Henry Hart Frederick Whit
right q way for the construction City Railroads ii Tia City i
ay Fes Sheff ssasn T. fSfE G
s pa saa s 'tHa M ig assara sS 4
the manner se forth in said which referred TO-
bonus Of one hundred ad Srgy agrff hosnns - a
.tU-yyik
The eash payment e twenty thousand dollars
da Gn the fioes 5sspseysy Subscribed
proportion Interests ii lie said cash paysn r.
sReetiyeY 50 far as the said will apply in payment
Sf &c s price cs bundled isqr hoasand
s9 9G %aGa ts aforesaid 2 pueser has furnished
dollars each dawn BY himself lie order j Henry Hart
aseG 3 e e H. dgy 9 eighteen hundred
three and four years @ date wiz six Der cent atsTe
PT p, sqa m S ro aae ga paid which sid
ssd Ast and which ssid ote are hereby hy his
maurity, according their tenor and effect ="
ARTICLE vi,
This Association shall 80 into operation from and
Article VII.
Th AsS9ea99 shall haze Corporate Seal the device
Car and the name OF the Corporation traced thereon
..~ e..5 ARrIoLE VIII.
These Articles Of Association may modified or altered and
the capital stock may be Increased to any exceeding
Two millions Of dollars N the manner provided by law with
In general meeting convened after thirty days notice When
soe ss bs @ IN @ @ ewpapeps S sys
the city of New Orleans within which time Stockholders shall
the their stock ny shares mol ,eEen at
the expiration Of that time ma isposed OF by Dector
value 's'S4 -,'YF''o oa' A0' AZ e's tian p'i
ARricLE *. t
AZ powers Of this Corporation shall be yesedin BOsd
Il SSa,s & es ss tas & sT 1s Az
capital stock Of said Association.
ARTICLE
The following named s;Sekh0ders VA John slayson
Saggs an smith Mhs Heinz Jamea I'm Nkq " 4 y
poe hereby constituted the r Board Of Directors WIN
shall At their frs meeting elect shelf number President
provided a XFee Eesssh
ARTICLE xI.
On the third Monday December eighteen hundred and s
ty e shag hc held the oiee j. tha cafSo
shg be given IN newspapers published the city of New
ARTICLE XII.
plurality NJ votes eeatlus or each share Of stock
& Sssd YrT f " .sga , ] g. e9st ge hal 4
6sr o PEssnt Il hf As9etai2n who shall h elected By
other ega shaii 81
shall @ the duty Of he President preside all meeting e
RoId snail ssst one Of their members President pro tenn ho
M ss Sss s@ ;, h. M n f9 2J 9
mot Drectorsl az least weak pt0r any election
ARTIcLE XIII.
majority Of the Board Of Directors shall be necessary 10
NJ sSsSp s. .6 S hs 4 7grsEe m H. of e g #
which shall require vote 0t hreesufths OF The whole Board
ARTICLE XIV.
Any Director being about absent himself for period Of six
months q e.s may onnee substitute in s provided
haes he eap stock Of the GompS St g1 9 nan
sso a sd substitute be elected BY the Directors
fer the time being
ARTIcLExy.
The Board of Directors shall appoint Secretary and all
sFE ana agents ehd 9 nay move the same at pleasure and
amount Of security that shall be required from any olce
Said Board may also delegate power in the
he ordinary business Of te Company Committees their
body, their officers agents they may deem expedi.
ei aud may also appoint agouts Without t STATE
power by avs rules Ind repaiaons @ al des y
amend or alter tue same whenever the interested the corporation
ta may the Board vacancies n1ay be az
eared eeeont Of death resignation, wnt feqnisi
number Of shares insolvency, absence without tee
successive mon'As' .nr,e,r
Books the registry Of shares of the eapi
Sek shall be opened ana Kept saeet lie direct
books and signed b5 The stakeholder hig attorney and which
R@ % 1s sS9f9 i b HS ny e9se H. as often as convenience
days time. Shoud subscriber stock desire 10
De sball be permitted slbsae ef liz suSse4ipiS
OF The party purchasing provided Thai the substituted suberp
ion is satisfactory 70 the Board Of Directors
ARTICLE XVII
failure from eny eagse o elset Directors the day
egtors Rs then ~ See shs held 9yer until another election
@ sed ed eSa6es a ee gya IS provided
ARTICLE
Each shareholder at AL meetings for the Direcors
other shall be entitled directly by proxy to
share Of stock held by him. provaed that no
holder shall in his Ave hundred votes and
provided also ta he shall have owned his lea three
months prior 10 the day of voting,
article XIX. A@s&
No partners whose subscription In the name of an
commercial firm Of which they MEMBERS shall be erbe
the time Directors of this Association nor shall
rector Of other City Railroad his partner be Direc
Of this Company.
ARTICLE
Minutes of all the proceedings Board Of Directors
kept by the Secretary and verified by President and tb
President and Secretary shall sign all notes drafts cheeks
hcaes Of stock, contracts and all sther of deh
this corporation.
ARTICLE
The Board of Directors professionally nov
privilege conferred this Association aaeniuents II
the Law under which the formed The adopton y
but the final acceptance of such privilege shd
be determined by Of majority In amount of lie StoR
holders.
ARTICLE XIII ==5.#
The liquidation of the airs Of this Association shall be MAJ
by three appointed by the Stockholders IN
meeting convened Tor that after si uys
lice IN two newspapers published in New oreaus Said
daOrs shall be solEen residents city in.
aebted TO the AssaeRon their er Of office shall assigned;
all necessary shall he conferred them. reo3
such the Stockholders may by resolutions in general
u1apt tiHredT TV-uel Fterninp