New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-05
ytw 0rtans Guilty Gxeseeut Gnesday ytorn february g. 1861
20. CITY RATLROAn co.
QUARTER OF THE NEW ORLEANS CIT
" RAILROAD COMPANY


Be known that this fifteenth day IN the year Of
LORD "ns o9a ad s "s y an Of e
before me- EDWARD BARNETT, Notary Public in ard for
said duly commissioned snA personally came and
,h 5 er d e p4aTsns
,e stea Of he sue 9 Lane relative to the organize.
and 1hose WON ,hey rrpreset to fa[ tbemsvs ino
Corporation objects and the stipu
lations, regulations and Obligations following towt:
ARTICLE /.
fY Tx iS be tho
ARTICLE
The place of business and legal domc Of this Corporation
shall be located in the City Of New Orleans
ARTICLE
The oest of hs is GonTtTget and f th
pnoss Of carrying ana to exercise sh
be conferred them for building and working City Railroads
ARTICLE
s re- sn e Of one
d0ar five per ess m E be
@ the Tine and IL the ireced BY the
1 & ba s 1q sn a a and mot Of a
han once within any thirty days II.
nstalment installrnents and fall due
thereon at the rate Of eh per fha be
neglecs refuses his or nssallents
DIRECTOR 10 Rsmseves The FIGHT Of causing any
share shares upon which nstament may be due to be
sold at auction after ten days previous no.
tice thereof by advertisement
ARTICLE v.
%nd y s n and
Ir * s for se1 m nd Of it, S1sss St M I Of
New Orleans passed before Charles E. Fortier City
hsyy s5 @
no hs s o aS "ea re s in
and made part hereof end also hereby expressly agrees to as
dollars therein paid and agreed be paid by the said our
BY said pSreaser shall Be applied he l.
b sawSon Henry Hurt Frederick Wins and Patrick Irwin
m m e the s a6 e s h "1 " I'D e
their said stament they become and for The bal2nce
do for eresa las fnrsod his four
eyeF pfomi1Soy moe Tor ide sum Of t%eyT "qd
EredeTc Wntz Patrick Irwin and BY them endorsed
a pa s1 at the sas Ill., IN M
peg aGnaH from dafs nth paid Thct sad notes we're par
sphed by the aforesaid Notary identify them with the at9re
porsion and aFreed r gi BY the Company
| ARTICLE VI.
This Association shall into operation from and after the
| ARTICLE VII.
This Assoeaten shall rnve Corporate Seal the dovce
which shall be Crescent within Circle with two horses and
Car and the name ofthe Corporation traced thereon.
ARTICLE VII.
These Articles of Association be modified altered and
the capital stock may increased any exceeding
c e@o eS o. in s OF at he S @ Gi 1
ay a dn aatori1ed sxy day.
notice Of the shall begven in published
have The privilege Of taking additional shares proper.
the expiration time may disposed by Direc.ors
fer the benefit OF the Association but not az less than
AE11oLE1x.
All powers Of this Corporation shall be vested in 3oat Of
hod in IL Own h At esf hundred doars Of the
capital stock Of said Association.
| ARTICLE
The following Stockholders, John B. slawsol
Henry Hurt frederick Wntz Patrick irwin Alfred Fsnn
| 3d.
pose and hereby coatued the first Board Directors
md tad Baard superseded by their successors
who alal be elected us provided in Article Eleventh.
ARTICLE
On Monday II December eighteen hundred and six
yone end annually tiereaer eetion for twelve Direct
ration Of which election previous day
@ be given in TWO newspapers published in the city of New
ARTICLE XII.
plurality Of Counting for each share of eocA
te S1 meeting @tts 'heia election fAooss Of ts
majority Of the Whole b9sTd and upon whom all citations ant
Il duty the President to preside at all meeting
q the Beard and in cace # a63euce Or inability act thu
shall being powers Of President
Al elections shall be BY ballot under the superintendent
lot Directory least week prior any election
ARTICLE XIII.
majority Directors shall be necessary
Quorum and 8 decision Of such majority shall be vaI
corporate except for the purchase Of right way
Grin building roads, for the purchase of
WHICH shall require of tAreesuhs of the whole
Of Directors.
| ARTICLE XIV.
n @ pS %Uu gs F liz or PERIOD Of 81,
substitute shall have his own right less twenty
that said Be elected BY the B6ard o bSseef
for the time being.
ARTICLE XIV.
The Board of Directors shall appoint Secretary al
ce and se and os t same at Rsrs
OF security that shall be required from said officer
Said Board may also delegate such power in the transaction
the ordinary business of the Company Committees thei
e and may appoint agents within and witou, this stat
under such conditions as 70 them shall proper. And the
amend or alter same whenever the Interest Of the corporno
cies that may IN their Bo@rl %c6 vaeanses may be- d
claFcd on account Of death resignation, want Of tie requt
XVI.
the registry shares of the capitf
shall be opened and kept subject the restrictions
by the byaSs All transfers shares shall be made
sad books the Directors close often
,s Tine should any subscriber to the stocS desire 4
Transfer the sam? previous to full pyment having been
Of tho paEt pugcs provided that the substituted Aubscr
T ARTICLE XVII.
failure any Directors on the day name
for that purose shall net d1ssove this Association but the
s Of f c no Gee s nI EYER until y "@er
Article Il, and continued until IN election is had.
/ ARTICLE XVIII.
Each shareholder all meetings election of Direco
vote share stock held by him. provided int no Ssoc
holder shall in his
provided Also that he shall have owned his
= months prior to the day of voting
ARTICLE XIX.
No two partners whose subscription is in the name of IL
firm Of which they are members shall be eligible
,ector any other City Railroad his be Direct
| Of this Company.
Minutes of proceedings of the Board of Directors sr
bo ken, by Secretary verified by the President
&c President Secretary shall sign all drafts checks
caeE stock and all "ter evidences of debt
this corporation. -
this Association
the law which the formed by the adoption
any new act the Legislature City Goune
but the final acceptance such power privilege
- be determined by of majority in of the Stoc
.. holders
The uudntion the affairs of this Association shall ma
by three commissioners appointed by the Stockholders
after
tice newspapers published i'll New Orleans. Said
deors shall be solvent parsons residents of this city
their OF Office shall aHEigle
all necessary shall be conferred them The peri
liquidation shall be liked well as their compensation
such manner Stockholders by resolutions gene1
mn | meeting convened, determine
ia ARTICLE
The names respective interests Of the parties
az are declared be Is follows, to wit:
4, Names. no. 81 Saafes, Amour
III IT, B, SlRyyson ,................. 2UN0 &20G
Frederick hlnta. !Uho !Ul,u
Henry IInrt.......,......-.........., 1000 i00,G
| Patrick IRWIN AVN !IW-t
~ Alfred Penn. NEUTRALITY-SUSPICIOUS.. luD 1O0,t
I'll