New Orleans daily crescent., 1861-03-16
N. O. CITY RAILROAD co.
rHARTER OF THE NEW ORLEANS CITY
~ RAILROAD COMPANY.

N. @. CITY RAILROAD co.
CIIARTER OF THE NEW ORLEANS CITY
UNITED STATES OF AMERICA, STATE OF LOUISIANA |
CITY OF NEW oRLEANsi
Belt known that this fifteenth day Of in The year
ss sf p ~ ssT
sad n M and prsSgga sSg sda wb
severay declared that avnR Of the provisions Of
Of Corporations this State they covensntsd and
and a1f 90 o d
and eonsns for
ARTICLE
The Corporate Of this Association shall be tho Hs"
ORLEANS CITY RAILROAD COMPANY"
The place of buness and legal doc Of this Corporation
shall be located in the City Of New Orleans
The obee. of this Association is construct
City Railroads. with suitable and branches for the
esng and sTey % %
be conferred them for building and working City Earosd
ARTICLE ".
The Capital Stock Corporation is hereby fxed at one
million Of dollars by ten
payable at the time sisnIng besc articles Re remainder
shall hepaid al the time and in the directed BY the oafd
subscription shall be called for time, and not oener
Should subscriber neglect pay puaetIay his
n,iasnt snHnn Snd M sa H. M
addsd from and any sns s1s,S5 sI
@ deys atsr bs pay pecd ,ime
@ 70 we s af ns %
1 a public aso or otherwise after ten days no.
ARTICLEv v.
Ts hereby all the G Shs Shh
F. % n nsn se and ID 9n ans @ bs
right Of for the construction of City Railroads IN ne C
s 81
and 3 and , III hGg,snd lsg a
"ss c5ssrs s IN The fofo~i, @ 1 aaner 1eT" - t: pau
cash payment Of thousand dollars advapeso az @
The soot abscbsd M By The 1d H
IN he ht e IN e I
" % FIR as the "S will sPe dBp IN G oT sanc
said PRICE VII One hundred and fGgI f
seyera pTornissory notes tie sum thousand
fs9 aa Tnd ' the and GfsF b n
as 6sR R T bs Day oSsas S Gs S h s e
two three and four years date, with cent interest
PEI 5 m s S Sosaa 3 PG PHd fd s @ He
said Act and which said hereby assumed BY this Cor
maturity according to {heir tenor and effect.
| ARTICLE
This Association shall into operation from and after the
| ARTICLE
s T All M sean @ v fa h To Rs oSeS
Car and the name othe Corporation traced thereon
ARTICLE WIZ.
These Articles of may modified altered and
the capital stock be increased not exceeding
two millions OF dollars in the manner provided BY law with ths
Of ~ohirds in amount Of all Stockholders obtained
ncde seg 5 Gs Se 1 g ays Sixty
the city Of New Orleans within which Stockholders shal
'?S Sas oaa ss
expiration that time may disposed of by the Directors
S4ue, .' ''''-' '''' -''''''''''''' O-' N-' " 0O
ARTICLE TX.
All of this Corporation shall be vested in Boad
Directors, consTg Of twelve each Of whom shal
capital stock of said Association.
ARr1cLEx.
anT ThS a ee %a ac m ed M
Samuel Smith Armand Heine james O. Nixon L. E. Forsts
ae hes6 the Board If Becfors
M @ M sha fss tn4 5S % S s
who shall be elected provided in Article Eleventh.
third Monday in December eighteen hundred sig
tyone and annually theSefie ec9n for twelve Direct
ssi given newspapers published city Of NJ,
ARTICLE XII.
plurality of Counting for each share
their @ meeting after their election choose Of their
G @ and h9 %ho ali esed S
other ega processes ] shai! ts b be seTEsd
the Board and in Gaze sf hs absence inability to act Il
s BoHT M @ m fc s 2a nS Of @ int n pq
All elections shall be by ballot under the superinendence
ers mot Directors at least one week prior to ay election
N ,,-,c1r 80,
n A'tA'
N majority the Directors shall be necessary
q quofa and decision of such majority shall val
e'LH @ I IN ey ds5 m % fn b b r Ike 6S. f oil o. %y ny at
which sh require vote OF three-iSurths OF the whole Boa
oi DlrectoTs
= ARTICLE XIV.
q, Ave niractor ban II, pto,t IN obser+ bir,sog fo r
10 months orless, nominate substitute in bis provd
Ec S q t9 capital toc oi me Coinp43y and provide
for the time being
ARTICLEx XIV.
Y, fhe boarn OF bee'ors snal hpponI secretary ara
If onirars o.
anH agents. S I9 ,. l., . , - :. Al, -
Sad Board may also ucn power IN INC transaction
the ordinary business OF the company 10 committees OF thu
conditions nronar
lie shall have power make bylaw rules and ogatlons
amend alter the "henever the interest Of the corporate
may require it, and shall also have supply
Cies that occur in their oad lch vacancies be
ClHred account of DEATH resnntion of the reqs
number of shares, insolvency. absence without leave
az successive months
NliohN a d
stock shall be opened and kept subject to tho restrictions dire
e ed by the bylaws transfers of shares shall be made
books and signed 9y me Sharehoier or ms attorney and viii
said books the Directors may close as often as convenience
n, eTpedlehc% may require pn l TOT longer Aer1od than
days al time ohoulu any SUBSCRIBER 10 tne stock desire
transfer the same previous 10 iu payment having been
hG shall be permitted to do so by substitute OF the 8ubscrp
CO oe the purchnsins provided that tho substituted aubscr
~ tlon IL SelihIattpi1 ~ 'he iu"tu VI oilecIols