New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-08
N. O. CITY RAILROAD co.
QUARTER OF T4E NEW ORLEANS CITY
~ RAILROAD COMPANY.
UNITED STATES OF AMERICA STATE OF LOUISIANA |
III ], A L

End Consttn Corporation for the objects pG
"tiohs' regulations and Obligations following
ARTICLE /.
oE Eli CITY f tx hspS M s the
4 ARTICLE
The place of business loyal donlci of tis
shall be located in the City of New Orleans.
ARTICLE
The object OF this Association is construct and rna,,o
City Railroads. with suitable lrnous and branches fnr th
SEss a9d a Rs % exercise s
on them tor building and working City Railroads
ARTICLE ".
The Capital Stock this Corporation is hereby fixed at on
nSd 81 noass represented by ten thousand shares
snE Sp nnd he ea G
se" paid a" the time and in the by the
shoScpion sha be called for time, not ofene
should any subscriber refuse neglect pay pnncualy h
thereon AZ e rs Nth The and
ssc to "y h and
i Rsssors ssSs to Themselves Ne h causing any
500 IT pubic auction or otherwise after days previous no
ART1cLEv.
hereby assume all the obligations
sTeE gw S F ssr and Henry HIT Frederick WHIT
tight OF way for the construction City ID the CITY II
f Sbf"ay ehea fhS nnrsd G anS
s 10 ne pls ana specifications, and within the time and In
The manner set forth in said here referred to-
21e and pay he bonus Of hundred and Iirty thousand
cRnser in the g ana nssd TO 9e paid by the Anid
The cash payment of wenysi thousand dollars ad
.S% bSrb s dS y ta s at igs
popoon Of el IN t ssG p az fH nd I
Practically 50 tmr as the sid sum will apply payment Of
o. e Sd price VIZ one hundred and four thousand
dollas sach drawn BY himself the order q sary IaTt
sa}e the seventh fy En Te and SS ssig
two he and four Te 1 S1H ee G@ IN Ibis city at
pSd by The e e9 @ E%d %htG4 s%d .otgy par
Sa4 g5 ana which sgd otes are hereby this
maturity according 10 their tenorHn effect. 49,
| ARTICLE VI.
is sA9i go into operation from and after the
ARTICLE VII.
e All AiGfs9n shn hayG Cooperate Seal
oar' ana the name oftAe Corporation traced thereon
ARTICLE VIII.
the Sa rce5 Of AsTosnton may be modified altered and
@ Ss o. d2aFf the manner provided BY law with The
meeting aer hy Ss noa oe@sd
eyer any Increase shall be duly authorized sixty day.
the city of New Orleans within which time ss
ton the Of 6cf and any s, aes na PE9p0'
the expiration OF that time may disposed Of y tbe ,r
value '~'A'''' '0' not at less than par
ARrICLEIx
All powers Of this Corporation shall be yes.eai = Dad
TsGoTS consisting Of twelve persons of 1qhom sa
capital stock OF said Association. u"t''fS OF the
ARTICLE Z.
HsnFy a2 n hSg W De- yiz John sawor
i 1 smith A[nld liene, James Nixon L. l. Forst,
and hereby costged the rt board o sha com
sn as tg Hdgrg Al It'll Tesgs elect Of @ PrssSn
VINO 1D"'' De elected Us provided in Article Eleventh.
ARTICLE XII
On the third Monday December eIpbtaa, a,,,ta +
sacEboders s BE- heI az the 5 ri %s{S Direct
ration of which previous notice Of eT o ne Co5Ro
sng5 be given III two newspapers published City Of NV
ARTICLE XII.
PrSy Of yGs' G9nng share of stock
eho0 5sS oHs Of re !s iS9 at
Der Cf tg9Get o. me Association who shall elected BY
other legal shall be served " citations and
the board case IF a5ence pr sS nn If S meetings
Board shall elect of their President pro Tern b
AL is b X IHlo Of
efs mot Direcors) at least week prior any elecen
ARTICLE KIN.
majority Of the Board Of Directors shall be necessary to
sct except for the purchase gt of M
Of lqs tie RRs6g"s Of e
of Directors. - 'N' "noie boAFd
ARTICLE XIV.
Any Director being abont to absent himself ro
months IiesS may nominate substitute stead VaG
d Jmns1'e S "l ahEe IN MS own right than twentV
Also that sid nbstte be elected by Board Of bpse4
ARrGcLE1v.
The Board of Directors shall appoint Secretary ard all
sf Sq ase ana NAY fnove the pleasure and
md |
monnt Of security that shall be required any said o
Said Board may also delegate power in the
ne ordSy business Of The Company Committees Of thejr
mt ana nay @s3 appoint agents within and without ibis Sste
hall have power to make by laws rules and eniston qg
mend or alter the same whenever the interest Of e
t9t board vScs sy may Be gs
number of shares insolvency absence without Leave
ARTICLE XVI
Books for the registry and transfer of pbnro,r,,
ssS shn be opened @nd kept subject restrictions d
oo and signed By the shareholder his attorney and p 6
,a Go0.S ae eGor; may close as often c6nvenieRce op
avs time Should subscriber to the so S2 n"n ten
50 BY sPb saae o tg Sfso %saS
the party purchasing, provided that the substituted
ion satisfactory to the Board Directors S0o'crp
ARTICLE XVII
aIne 5om any ase to elect Directors ay named
sctos theh ofce a 6o oys s but The
cd Of which noce shall forthwith given as provi9 Is
f'c'o LIZ aho confirmed until an eectionis had. "
ARTICLE xviii
Each shareholder ali meetings for the eectior NJ r,
ot on epch 6S s oc Pc ened directly BY proxy one
owned lis s aat s s xas' nqs
oheh" prio' 10 the day OF voting. INK =
ARTICLE XIX
No two n = Th bs s s in the Of this
H ne n2 as ~b pSt 2 of tn As Eel shaft
this Company. n
=
Minutes of all the proceedings of the of Direcora
by the Secretary verified the President a5 ~
resident and Secretary shall sign all notes, drafts checks
soe and all EVIDENCES of Az IT.
lis corporation | Ii
ARTICLE
The Board of Directors Professionally anv nows
privilege conferred on this Association
law under which the formed by the ainntio ~
net ordinance Of tho Legislature
II the na acceptance OF any such privilege shall
determined by vote of majority in of thu StocL
,ders N "'''A'
ARTICLE XXI
The liquidation of the affairs abo II h ~
three commissioners, appointed by Sockbodes In
Getting convened for that purpose after ays
&c in two newspapers published in New Orleans Said I
shall be solvent residents of tbis
bted 10 the sSocNIiou their office shall no
necessary shall be conferred on them Tho r5nij
liquidation shall be fixed well as their cnmnans
Getting convened, determine. - ~ ~ e'not"
ARTICLE XxIII.
The and respective interests of the nortias u. not
g declared to be as follows to wit: ~ w ~ "
Names y No. Of Shares Amount
~ ontwS son 1000 $2GOUOO
oueii IN " 'iH' l0O I0O,Uc0
enry hart; ACKNOWLEDGEMENTS. 1000 lgO.NN -
islich ~ lO0O 100000
Tired fehl ................... 1000 4
hi"e SIi!u " So''.'.-...,....... I0UU 100000
. q NJ fielne NEUTRALITY-SUSPICIOUS.. 1886 97AN
hhh Cole ACKNOWLEDGEMENTS. $50
eScher Forstall. 200 2OGH ,
L. Warner Il CO.. Observation-Disclosures. 200 2O00H "A
IS y Nixon 200 20NO +,
20. W. Helme .,........ 200 2OON r
n y maft -...........--...... ig9 10000 Ii
iayl0r luO
che & KoOntz. .................... 100 106SG
m b. Schiller. 100 lOON u
illarn Massey. Observation-Disclosures. 100 16E0 ST.
Nilsson & Mcintosh. ...........,.. 100 l0nO Cl