New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-30
N. O. CITY RAILROAD co.
GHART1!s Or, THE NEW ORLEANS CIT
" RAILROAD COMPANY. 80 =
UNITED STATES OF AMERICA, STATE OF LOUISIANA
CITY OF NEW nRLEAN Ms.

% H me- III AID ARNETTa Notary Public in and for
said gully commissioned and personally came aud ap
Syega declared svspE Of tho praviscus Of
Sn S ' Gi " sIs to the dnS
arg 40 oy agree and bind them
sons,niea ose md aHqsr ho stipS
la1ions regulations and obligations following, to.wit:
| ARTICLE /.
e DO NE"
| ARTICLE H.
The place of business legal dome of this Cornora
shall be located in the City of New Orleans. VII
ARTICLE
The object Of this Association construct and maintain
City Railroads. with suitable branches for the
purpose Of carrying and generally
be for building and worEs city Rsoado
| ARTIcLE1v
The Capital Stock Of this Corporation Is hereby fixed at one
million Of dollars represented BY ten thousand shares Of one
ese hye Per cent Of each shall be
SfH paid a" the time and in the directed by
called for At any ONE tme and dG mot oens .a
' sRo Snsp ANY, M,ts sb sny shtt s days
thereon S an h qsn az e mature and
added Sssc thereto err t from maturity
thirty days specified time NJ hs Bosrd N
Directors reserve 10 themselves the fight Of causing any
solo a public ason otherwise after days previous
ARTICLE ".
The Corporation hereby obligations If
sawson principal and Henry Hart Frederick Wniz and
hs s Ct way for The ois II
sa
S TGG sh s a rsr aed tn "a
@ ons Bsfy df aSd shoass ss
1SsF m re, Red and agreed 10 b paid BY the
The cash payment Of dollars advanced
bs y s g.
SsEson Henry Bart Frederick WHIT Patrick irwin,
BsG ss Y e. as ,se sa i yin %Rpy
Of The said price hundred and four fhonand
dollars for which The aforesaid purchaser has furnished four
dollars sscR drawn BY himself the order 4 Henry Hart
and payable at the Louisiana ste Bank 81 this city one
per frog ate Until paid which said notes were par
which are sssa,nSd By Ill 6oT
and to Be ad by the Company at
ARrIoLE vi. %$
This Association shall into operation from and after the
Ts A1GS97 shall hGyS sse The device
CsS and the name OF the Corporation traced thereon
ARTICLE WIZ. .."-
These Articles Of Association may be modified altered
two millions dollars in the manner provided BY law, iS
Of thirds in all be Stockholders obtaed
ba G. H5y aGs ste xy %ys
S I S~ oan iS Se
Gage ne pse Of dl k9g ada2ns shares IN ptopo
e expiration OF ha time be disposed Of by the Directors
value. ~ 80
ARTICLE TX.
All powers of this Corporation shall be Bead of
5a EsfoFs Il, o9isPF !, e a twelve hg
capital stock of said Association.
AETIcLE X.
The following named Stockholders, VIA John b. slawsor
Samuel Smith Armand Hene, james o. Nixon L. b. Forsai
josiah Cole J. J. f. MSssiso and Geo. Helme shall
shall at ther aFs meeting elec: q beiE
who shall be elected as provided in Article Eleventh.
ARTtcLE
onthe third Monday in December eighteen hundred and SIX.
tyone and annually thereafter ecton twelve Direct.
9rs by the ssef9des shall be held the Office Of the Copo.
Shs be given in Two newspapers published in the city
ARTICLE XII.
plurality votes Counting vote each share Of stock
voted npon shall be sufficient to elect Directors shall at
Der Preen h Association Who shall bs elseed BY
majority 81 the whole 9ar and upon whom all citations
. It ha be the qt Of tte President preside rnetings
Board shall elect Of their President pro te who
shall for The time hing szercse tie fl
nspeeoTs appointed by the Beard from among tockhod
ers not DFectors at least week prior any election
ARTICLE XIII.
majority of The Board Directors shall be IN
form quorum and decision Of such majority sha, valid
on building purchase S IF re- estas
heh shall require vote of threeeahs of the whole Board
ARTICLE xiv.
Any Director being absent himself for psr;od NJ e
d substitute own right not less tban tgsnty
o ba d S 81 ock Of ne Company and provided
for the time being "
Article XIV.
The Board of Directors shall appoint Secretary ard all
cofk and AGENTS and TmovG the pleasure and
shl LIZ The salaries Of all officers Of the poraton and the
2 security that shall be required from any said officers
Said Board may also delegate such power
te ordinary 5nness OF the Company Committees of their
body their officers agents. rs they NAV dean exne
@ sBs a s saa pTppsS 4Bd Ps
@Te n 9f the mS and
nay require 1t and shall also have supply any
elaed account DEATH resignation want Of the edg de
ct shares insolvency absence wthoutleave for three
ARTICLE XVI.
Books for the registry of shares of the caral
shares sha Gs MACE Oh ss5
ed books Ike pe o ma ns or h which
| III linn may Efqme but not for longer ten
e bn be n m to m been made
party purchasing proyiied hat e tS subscription
lion satisfactory the Board Of DectorS
ARTICLE XVII
s n26 F9m a ab rGq nus to eeet Directors
e n then IN oee shall hold until another eecton Is
Article r. and continued until had III
ARTICLE XVIII
Fab oes1 shareholder at all meetings
each share stock by him. provided bat ny e one
oog tai IT be h S aS m hundred
months prior to the day Of voting. " '0
ARTICLE XIX.
No partners whose subscription Is the name of tbs
commercial firm Of which they shall he eiits at
he directors of this Association nor shalt nj
ecor of other City Railroad his partner be Director
f this Company.
ART10LE x.
Minutes proceedings the Board of Diresrs sb
kept by the Secretary and verified by the President and the
resident and Secretary shall sign all drafts checks
hcaes Of stock contracts and all ether evidences of dahl
ais corporation. ~
ARTICLE XXI
The Board of Directors may accept Professionally any mower
law under which the formed the nionton ~
ordinance of the Legislature {1nnn,I
ut the final of any such privilege shall
determined by of majority in of die Stool
oldera. r.
ARTICLE xx1rl
The liquidation the affairs of this Association sho hs s
three COMM oners appointed by The Stockholders ate
Getting convened for that purpose, after sixty DAYS prevoHs
CO in newspapers published in New Orleans sod Iiai
the Assoc alton their office shall he
necessary power shall be conferred on them Tha
liquidation shall be fixed, well their ~
ch the Stockholders may by resolu0na IN eensr
Getting convened, determine. se-''"A
ARTICLE t3zIII.
The names and respective interests parties to
9 declared to be as follows, to wit: $3.50 " iS ACE
Names No Of Shares i,.
frederick Winz,. 1000 in 3S
euiy mart: 1000 lODN0l
ttrick irwin 1000 i'm '9oS
pnns Cnn;t, ~ '''''''.'.''''-'.' iV1u 100000