New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-29
N. O. CITY RAILROAD CO.
~ RAILROAD COMPANY =
UNITED STATES OF AMERICA. STATE OF LOUISIANA
CITY OF NEW flf1InA Ns.

before ~ ATsss he P X g H.
said dSy nj ff state Louisiana sfors
sSy ess h f
hS 4 Of ae H y osa sSe the Re s
agreed and do in this State they have covsnanted
ssIss and sas S s
regulations and obligations following, towt:
ARTICLE I.
III @ "a sSSG1 Vel be
ARTICLE
The place Of business and legal aqmlc this Corporation
shall be located in the City OF New OrlDahs.
ARTICLE
The object of this Association ia construct and maintain
City Railroads, suitable and branches fSr TIA
sss hereby y1f btea sns
DO conferred on them for building and working City Railroads.
AKTICLH Nv.
The Capital Stock Of this Cooperation hereby at one
Re aia ss se en BY sas Gs p
FS S be a. s b ssn these and he snsds
Of nTSst;Gs pSyded fh9t lha per Cent
@ r sh be sailed for At time and not oener
any subscriber refuse or neglect to paenay his
interest Al The per cent Per snnan ANAL e
negoc to p"y is Or sGa fR g
Ihy days after the specified time Of payment the Board
share shares nPon which nsaen may be dnc 10 b.
so a. public auction or oerwise after ton days
ARrIoLEv
The said hereby al tho
fatrc Irwin rs security n and 70 The e9nraet Of Of
r' o. why op sne OF oy kliroas u the City sf
SS G9 H. ssysn s M 1
nS S s R 3 na@s s s ss @ e IN
part also hereby expressly agrees 10 as
dollars, therein paid and be paid BY tie
Tbe Cash payment o thousand dollars
X saWa nS F sp5er Was M p ~
in the proportion Of their interests e said cash
@ S hey dRs s e
dollars for which the aforesaid pchser has furnished his fo
several promsory notes for The Of eentysix thousand
Frederick WHIT md Patrick irwin and BY them endorsed,
The day February eighteen hundred and siStg
two Three and four from date with SIX per interest,"
p 5 trf and bish aid ot arc hS @ sS III si9e
pofaon and expressly agreed 10 be paid Nv I'M Comm AZ
maturity according to the!F tenor and effect
r,. .ssoooo, s,o,l ,o ,tn ne,,,,,o,
date Of this Act.
This Association s,ail have ,,orporse ssa, tbo device
which shall &c Crescent within els win and
"'' go ~
ARTICLE VIM
There Articles OF Association may pc modified or altered and
two mlios Of oS IN The masr rS2dsd g nv, @ ~
consent Of hird IN amount Of ali Tie obhe
~ general %stnS e@@Tsmsa }'& ir dIss neties Wien
Iotics Of the same hail be given IN two bshs IL
hive tho privilege of taking additional shares in nSnor
2n TO I n9nf 81 e S9fS anu e ssei not taken o.
yn ee 'Sns 81 the ASSOCIATION" ou' not at less than psE
ARTICLE X.
powers Of this Corporation shall be- vested in Road
ni5S" S"SS o. , yS Psg9 Gaeh q Whoin shall
capital stock of said Association
ARTICLE
11n I ] WJit @ kh: J2nn u Sa2soF,
@ % TIa2HS meino james o. GK99 L. T. F9rsthll,
os ,S Sg, e. ~ AZ G9 W. teRe SEAL COM
sRi At Ger ds meeting elect one Of be ppnbsr a
who shall be- elected as provided in Sriicje
ARTICLE
On the third Monday IN December eighteen hundred ard st
by STOCKHOLDERS shall be e the office Of he Core
shall be given in two newspapers published in tbs div " f
Orleans ~ 'As eAlS Oh ne"
.-,.-.,,..,-....@ $500
voted unonj Shall be sufficient to elect Djrec"Is % q s9GE
Der President the Association Who sail 10 eseted b4
os @ e sBs 2H a sP whom FL citations
shall be the duty of the President preside meetings
their Presd ds9s po TO e ne xS Ss
~ G R haef the siperEtenence Of
no Drectors) least week rior 10 ay eIacnn
ARTICLE KIN.
majority of the Board of Director, shall, ho ,.,...,
fern quorum and decision Of majority shall bs ySS
grin Building new roads or far the o ne fs OF way for
%SR sna require vote of eurhs of the whole Board
ARTICLE XIV.
any Director being a6ont to absent himself for period s
nd 1tsnte shall have in he @ f IL M stead provided
~ 'naG9 Of 61 sapts Stos Of the Company and provided
for the time being ~ " ' 1'"Sfa Oh DreetorR
AhfioLE XIV.
The Board of Directors shall sppont seere.or, .r5 IN
clerks and agents. may remove The same AT nin, NJ
shall M the salaries Of ali officers If The ~ sa'fe and
c.;T RID r., 40 loo IA, ,o,. .,t --,
thu od;marv nsinn oF , power n me transaction o
own body or tar onicss ar 10 committees OF their
ant AMI NAV also sn+nin a,Sts . ia{ dteh eXDed
me- ky iii p6o helS %itnh and without this State
shall have power make by laws rules and refnisons and
amend alter the whenever interest If Inc
may require it, shall have power to sIpn nna @
rieS that may Board such yacanries G. M
number shares insolvency or absence without leave Fay @
successive mouths,
ARTICLE xvi
Books for the registry and transfer the ranit.l
HecR shall be opened and kept subject
I'd ny the bylaws AL transfers of shares made m sa4
said books the Directors may close often as
xpediencE require but longer period ,bnn te+
lays At time. should any subscriber file stock dnsra
rRlSf5r the to full
le fhall be permitted to do by of hG srlrin1s
u the party purchasing provided that substituted ehsr
~ ~ " '0elo1''
ARTICLE XVII, .o5 IL
failure from Directors on the dov ro
or that shall dissolve AssociatiOn bu tE III
then in office shN hold nothr eecti5 4.
e OF whch notice hEtllorthwth be given provided in
AElieie Ia ana contlhued until an election Is had,
A"'ioLG a VII.
Enrh sbsreholdsr ct nil ,,oo4,,.s So ~.
fer ,mrTocns III 70! te eiectioh or Directors
@ ~ a.. W ne ehi'ieq alfectly or by proxy to
Icr sba vote In bis o,n n W. ln oseea mat no stock
rnvIad alec tf H. I Inn, ntu n.y. uh1det votes ana
tins prior o he dayo Of waiting 7" 81 iSon' tHeo