New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-08
N. @. CITY RAILROAD co.
d ,HARE3GIS 0NFHEe NEW ORLEANS CITY
" RAILl&0An COMPANY.


ton of Corporations in this Se they have coynsniad ant
yes md hose S ." h Se covenant agree aud bind them
UotpoIaliHn iGF tho objects and under the stipu
''h'"'' i9e"4"'to's anu oOilSalohs loltownB towt:
| ARTICLE
| o1SLEAhS CITY RAILROAD COMPANY"
ARTICLE
The place of business legal donicl of this Cornoetior
small be located IN the City Of New Orleans.
ARTICLE
The object Of this Association construct and maintain
City Railroads, with suitable and branches for tie
carrying aud generally to exercise such
DE- conferred on fhem for building and working City Railroads
ARTICLE w..
The Capital Stock oth Corporation Is hereby fixed nj me
cn Of dollars represented by thousand shares of
nnyH I9 ye per cent Of each subscription shall be
snail hepad ut the time and in directed by the oard
ha @ @ DC 9%td TOR any one time and ofteuer
Should any subscriber refuse neglect to pny pactually his
or miscellaneous as The same mature and fall due
SeGa thereto s from maturity til and subscriber
eS.ec OF refuses to pay Ms insamen or ms&lmens within
Directors reserve to themselves the right Of causing any
sold a public auction otherwise after ton days previous no.
| uce thereof by advertisement, ~ "
ARTICLE
The said Corporation hereby assume all the obligations of John
= sawson as principal and Henry Hurt Frederick Whit and
right Of way for the construction City Railroads ID Tie y Il
Noay on he Pe per Sc w Of Fe f9r Thag n Fors city
sixty and o5igae$ itself 20 said City RAILROADS. accord
noaraef With s here sfe aed o On
en% ae part neeo and also hereby expressly
dollars therein paid and agreed 10 he Maid Nv bs i
TIE cash payment Of twenyx thousand dollars
@SEsa Sc s y I'm s Of IT,
II bs HSny II Hpr Frederick WHIT nnd Patrick Irwin
specvely SO far rs the sod s vii Sd Gasp pay re-
OF Tue aid pcs pce I Ses e5 6e Hnd for The balance
dollars Which The aforesaid Drcbncr @ ny
dollars each! drawn by himself the Henry Hart
ftG b WnT 4aa tHlrisk Irwin and by them endorsed
anu payable az the Louisiana state Bank this city ut one
pr an nTs I r6 o@ da years fo 4e VIII sly cent interest
arae9 by the aforesaid Notary identity them with he aioe
por9n and expressly agreed 10 lie & by the c5mpa I 3 st.
aerf f,I, p', r Ils''
This ASsoction shR! into from and after hs
......,-., 4FTIcLS WI.
Car, and the name Of the Corporation TRACED thereon anu
,pr,c,u
These Articles of Association may modified or altered and
we st9eS Hay 'e Increased to any exceeding
consent in amount Of ali Tic w 6 % nf
any increase capital shall be duly xt Nv
notice Of tho shall be given IN tyo lie SINNERS
the city Of New Orleans, within which Sioux hodgr sGai
ton he Of their sock and any shares not a 0o nj
E the benefit the Association bn not o. less thsn nsI
value. ~ PA
ARTICLE
powers OF tins Corporation shall be vested in Boad of
hold IN his own right at least twenty hundred dollars of te
etpital STOCK oil said Association.
ARTICLE
The F,,loyo,. ,or,o5 c,ooLN,I1 -, ,
rJnn- II, Is S 'Vf5eEsl w: JChn q SlhwsonI
tH'GN LFWlh, allre1 PGnn,
0st ana m beay 3na 5Go W ltelme shall com
LiI a. - 49, ING ts board Of Directors who
and sud Hoard s, serve mil ,n3oeL resident
,yn hall he elected s % ~ Their successors,
WY ' W 'eu 10 p'"'i"e'iu +Aficle Eleventh.
ARTICLE XII.
ty.ant and anrnav tberaaer az "a ] i-1naTea and six
mrs lg tJ .ers bGla sS" ~ j ~ lGs WE'VE Direct
rattan, of which cIeron nray ae oLnee OF me Horpo-
shnIi he piyen in yo at eIst zen day.
Orleans f''-" ia 'ue cily OF New
ARTICLE xrr
ar ~il'
A plurality of votes Counting
their tirst sent nfer tH"ir srI3 Wh9 snail at
Der for President Of The AssoaIon VIZ sii stisl huil
majority Of lie whole Beari md non AZ e G,eGed by
other legal processes shall be served al et'1oE ana
Ii shall be the duty Of the President IN n,ayt5 NJ M
OF the Board and in case AZ h sa,r ~ r: n ~ lutetIgs
Board shall elect one Of Their members ~ ~ % tle
she'll far the time being EXERCISE fbe TI ,1 VINO
.tiOis shall he by ballot under tfe
insulclar nunojue lr he Rnnri rT1 ] OF
- N " " ~ 1@ W.T." paw ~ "nJ election
"t''AE XIII
A majority the Board of Directors shalt he r,ao .
form ntlorltn and derisinn ri s ,Tnri, 70
he Of
OF in Building roads, for The urrTase s o pai
which shall require of TarI