New Orleans daily crescent., 1860-08-27
N. O. CITY RAILROAD co.
CHARTER OF THE NEW ORLEANS CITY
" RAILROAD COMPANY.
UNITED STATES OF AMERICA, STATE OF LOUISIANA,
CITY OF NEW ORLEANS.


Be known, that this atteentl day June year
Lord thousand eight hundred and sixty and tile nd
before me EpWARn BARNETT Notary Public III and
said duly commissioned and sworn personally came APP
h 5 named and whG
the Statutes of the stae Of Louisiana relative the ogis
agreed and do by these presents covenant agree and bind them
selves and those ghom they REPRESENT form themselves into
lations, regulations and obligations following, owit
ARTICLE J., -.
The Corporate OF this Association shall be the NEW
ORLEANS CITY RAILROAD COMPANI."
ARTICLE
The place business legal doulc Of this Corporation
shall be located u the City of New Orleans
ARTICLE IGE.a" .5.gM ".ma
The object of This Association is 10 construct and maintain
ct earrSGS ana 10 TO exercise such
be conferred them for baldng and working City Railroads
..n.a..4 AEFICLEzIy
The Capital Stock of this Corporation hereby
million Of dollars, represented by thousand shares
hundred dollars each ye per each subscription Shall
Shall paid Tie time in the manner directed Ty The hoard
Of Directors provided that than per of
than once within any thirty days.
Should any subscriber neglect to pay puuctuay his
instanent instamens tho same MIXTURE and ia due
interest thereon Ut the rate Of eght shall he
negiec refuses to pay SIS isamen or iaiens within
DRes6fs @ 10 Rsmsve 9 he 81 @ t If cn e e as
haFe or shares upon which aa naasn may 5s dne TO he
tice thereof by advertisement,
ARTICLE v. %..5
The said Corporation hereby all the obligations
B. slawon principal and Henry Hart Frederick Wntz
Patrick Irwin secnfiy in and the purchase
New Orleans act passed before Charles b. Foer City
Notary on The seventh day February, eighteen hundred and
sixty and obgates itself TO construct said City Railroads
manner sci forth notara ac which il here referred TO-
and made part hereof and also hereby expressly
dollars therein paid and agreed 10 be paid by The said par
charssers, 1rs II The following manner, o.wit;
by the said pehaseTs Shall 6e applied To he mt Of the
B. sawson Henry Hart Frederick Wnts and Patrick IrWin
ESpoF9n ~ r % the s 5 5 win s Ds sG Is sash @
Rer s W rs tSe bec s1it p5 @ and nd M far M
oa be s s @ G E @
proissoy notes sum Of twentyx honsand
dollars each drawn by himself the order Of Henry Hart
he y & Sh ehean aaS n r sn
and payable the Louisiana Stats Bank city one
two three and four years from date with SIX cent interest
aphed by The Aforesaid Notary identity them w he
poTaon expressly agreed to be psd by he Company
44A''-A' N''''c'As ~ 80, ~ .A1 g"e''
| &fio+s W.
dae Of this Act 81 - t-o. 't4 4s'i 'Hs
rh,s ,s.ori,,, sba,, faro co,nar.t. Gao,
which shall be rescsut within Circle WIFI G two ,s b STsg
N'l' anu Wy ''S u 'ls eop''''0p "ASs' 'a'tsoa'
These Articles Of Asspc;atinn mas, . nv 1fs1
the capital stock may be increased to any sum moi
o m1gq y 9 9giaF IN he nanner Proyded BY law with he
IN general meeting aSs hirty days notiee When
ever any ncese o capital a be duly authorized sixty days
nocs OF TIC same shall given in i've published
thee city OF New Orleans within which time Stockholders shall
have the privilege Of taking additional shares proper
@ zen 70 ne 29p. me- rnsf sof a4a any ShsreS not iaken at
F he Ssnef Of he 1ssocao 5at not a. less hs par
'"'"'. AEr1c1E1x.
Ailpowers Of this Cornorafon shall he vested in; Rod 81
Directors consisting twelve persons, each Of whom shall
ana e al o m G m 3 @ a. e twenty-five hundred dollars of the
Ai 9 u o 2osi''ioi' ..... ..
ARTICLE
The following named Stockholders viz John B. slawson
samuel smith Hene James O. Nixon l. s'fEe T. Fosa Tsa
and hereby constituted the first Boa Director Who
5 @ sd at @ 5sId si a msg s esf @ one Of e ~ President
who shall be elected provided il Article Eleventh
n. ,,,-, ,,,,,,..;I a = 9a.e., 1leLE 8il-;;.,.
y-one and annually thereatter econ for Direct
os BY me shall 5e he a the office Of the Gopo
shall be given in two published the city Of New
'"'' ARrIcLn XII.
plurality Of votes Counting share Of stock
their arst meeting after Their election choose one ~ w & @ al
o R o e M Boar an @p9n a aS @ % sfsd by
other legal processes shall be served ~
Of m RE .hs d as aads pr Bs If
Board shall elect one Of their members President nr I o
shall for the time being exercise the full powers President
SS ny ~ 4sliot uder me OF
ri not preetor isast 1 one ea o @ @alon e sS9skhold
.mM. " ARTICLE XIII.
majority Of the Directors shall be necessary n
form auoru ana decision Of such majority sha. valid
dC eacep io he puenaee Of the night of way for
which shall ean vote Of three s PGe ~ be e Io Fso gsate
|
u Dlteetois' .nu,,,
= - - y 4zN@ =z~.44.
Amy Director being about to abeSt himself period six
60 siail H., W T., ; @ y " stetu PROVIDED
five shares the capital the COMPANY. and novIsd
also that said substitute the board az rento
the time being. = '
ARTICLE
r, =, :. =
Inc Board OF directors shall appoint Secretary and all
ilf s @ any ~ Iii ie same az pleasure, and
9rnnnt f .rt, ba M IL i VI ny co polion and the
and and a@ents 4's ' ~ " e4'eu ttoth any SAD oiheeFs
Sai3 Poari r,a,, also da1eoat 10 s,,cI ro,a t.; 41
4a nTnSry tsineSs ~ a y, ne o.
avr Sd1 5 tI,eir officers or aSan, W OF heir
and may also appoint ageus within and without ih STATE
under such conditions them shall proper And tey
shall have power make hyaws rules regulations and ia
amend or alter the same the interest Of
require and shall also haye supply any vaca
ces that may occur in their Board such vacancies may be de-
eared account of DEATH resignation, of the enufsa
nbe OF shares insolvency. or absence without leave
successive iiVHths' , =
NNtte u ~
Books Tor the registry and transfer of shares capital
stock shall be opened and kept subject the direct
ed by the laws Al transfers OF shares shall be
books and signed y the shareholder his attorney which
said books the Directors close often
expedeney may requtt but not for longer ten
days ct me shonld any subscriber to the stock to
transfer the same previous 10 full having made
" t 49, H., ~ w o. X a y We Inscription
ton is satisfactory to the board Of Directors
1RrrrIr