New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-28
NJ. o. GTTY R,ATT,R0AD nd.

svcay declared that Awaiting Themselves Of tho provisions OF
don Of Corporations In this State they have eoycaned
5ssss shea ,ssy Shsa.sSs, @te
ations regulations md obligations following to Wit;
#ARTtoLBI. 4 &.
The Goeost sR name hts m ghs the NEW
4RTIoLE @E ,-
The place Of business and legal d9mc Corporation
shall he located in the City OF New Orleans
ARTICLE
The object of AssoGiaonis and maintain
City Railroads. with suitable turnous and branches for the
incidental powers privileges hereby hereaer
bc conferred them for building and working City Railroads.
ARTICLE
The Capital Stock this Corporation hereby fxed Mt
PGn Of dollars Represented BY ;en th0aand snrss
payable TO ino signing articles remsdef
eeo provded ha not raoo than ten par Can't Il mid
sa be :lsd for Vt time and not oftener
shqd any sabsGfibsr neglect to ppaetuay his
Interest thereon nj The rate Of eeht cr cent Der sanu ha Be-
nec Or to pay s s n f
thirty days after the specified time of pigment The Board Of
share a@res which nstalmcnt may due b.
lice thereof by advertisement
. .-.r ARTICLE v. aa a
Ths % hSsb al G
Pac Irwin security in contract Of pYebnse Of
Ss% SsaS 5stsss chs;ss II fsstss
sS
to 5 s s a and v T Ssrs n
made part hereof and hereby expressly agrees 10
dollars therein paid and agreed 30 paid by the
ehssers n the following manner to ;sit
tls wa pdre1asers SHAH 6e applied 70 he
Sson Henry 4srt ETSJeeE Wlafs apd Patrick Irwin
spes4% f ssn viii sp f s
their said ustsm0nts they become and orthe balance
dollars Ter hish he Aforesaid pnsasel hss furnished ILL four
loiss sae& dsaSn 6qssiT, he grdsF Henry Har
he
and payable d I'D Laaes sats Bank II th cy, d cns
per anr6I lo date nnt paid wbe ND notes were par
55 A n S It'd % oo Il eaS s " eoT
noa2n and eprefsy agreed to Ge f ~ the Company as
ARTICLE
This Association shall into operation from and after the
IRrIcLE VII.
This Ae5qsieqg shall hags Corporate ssal tie teTise
Ger and lho ofthe Corporation traced tlnreon.
.... -, ARTICLE Won. 8, a4
ThasG hree Of Assoetatton may DO modified tared and
s IT, 9st S Of oa "a "a RS ala arot " w VIII hs
fgGy q Gs m s, sf Y I5s sys noee Wbn
syr Nv nSrGaSo Il capital shall duly anhorae1 sxg days
G2 a s q y NEW sh ] liz o a
a4e Ire pTiv7ga Of taking additional shares II pr2por-
vi Salu s' ''SA' W lao N1os ' y 500 'AD p'f
nI;qtoy eoa,ignE Of slys geSn Zach Gf sioTa shs
capital stycA Of SAID Association
ARTICLE
aG '9 a Er Sd s PacK ri SP krs Feon
ssmHealtE Aramnd fefnc, james o. Nixon, L. g. Fstall,
So and S hardy The CIV Board Sota VIE VIZ
Il of % nS 2ag 81 I'LL nv s
Who uhall DO elected as provided ATstsla Eleventh
AETIoLE XII.
On the third Monday in December eighteen HUNDRED and yix-
y2o, sod annually ihereaer egon for twelve Direct
by he sseEh2es shall Be held q ts oaice Of the CoEpo.
ration Of which olgooprnvioas notice Of NJ least ten dya
shall be given in to ncw9papcFO published in the city of New
ARTICLE XII.
PLURALITY Of votes counting for each share stock
their meeting their election choose one their
majority Of the whole Board upon whom ali citations
Il sia be the duty Of hs Fssident to preside at all ree.nsa
e hs goGr ed in sac If asns1 o. inability t. ae tho
shall for the tire being exercise the full powers Of President
@ 9 h. a osg nFS s s g.
uot pireoors at least week prior 10 election
ARTICLE
majority Directors shall DO necessary to
fern quorum, decision such majority shall be valid
corporate except for tho purchase Of the right way for
which shall require Of three foufths Of The whsle Board
ARTICLE XIV.
Any Director being for period of sig
aG ofs 5 a ba1s B ssRs seSd provided
Aye sha5Gs Of hs snped sock hs sd
for the time being.
ARTIoLExv. 49,"
The Board Of Directors shall appoint Secretary ard al
S a ss 5 y te '4S dBs
Of security that shall be required c1 any said
Said Board may also delegate such tho transaction Of
own body their Officers agents they may expedi~
anGsr such Conditions Is to he shall Seem @ he
eha have power make bylaws rnea and an tO
may rcqSe H. and shall also yo power to SIMPLY any
ca may in their Board such vacancies may Be de-
account Of DEATH resignation. Of tho requisite
number Of shares soTency absence without leave
ARTICLE xvL
foE the Fsgg try end 5Sqsi9F Of shares gt he eata
Cd BY the Ss All of shares sa BE- aado on ssd
books and signed BY the shareholder or his attorney md which
IL 9y S but n9 Sf 9nFSr . ha ten
FarsI Tie game previous to in payment heyin2 made
s Es be- permitted to do 80 y snte Of e spbseEpo
| tiopis satisfactory to tho Board Of Directors.
ARTICLE XVII.
s a a2o o sRy g9 ses ess tho az I'D
roc!oFs then IN Office shall hold until another election Is
Article z, aud continued until IN clocuoa had.
ARTICLE xviii
Eash harolodc al ss9gs fer the eleoon q irsso,e
yoto On eah share d stock held BY him provided hat n6 tock
holder Ea y9e n his own nae cger aye hundred votes and
months prior to ia day Of voting. E0Gl
ARTICLE XIX.
No two partners whose subscription iB in tho Of the
81 @ Hill a, pect va Of Ibis Assocation nor Shall D
other City LFoad, or MS pE User, Oa rSetoF
| Of this Company
Minutes Of nil the proceedings The Board Of Directors shall
ba kent iy the Secretary and verified by the President and the
esaf and eacyeterJ shall sign nj notes, drafts cheeks
r Of stck Contracts and a seT evidences OF debt Of
| THU corporation. -s..E.H
| ARTICLE XXI r.
The Hoard of Directors may accept Professionally any
or yeEe conferred this Association by amendment OF
hs Inv nnGr which il formed by tho adoption "a
nny new act or ordEnnc9 Of the Legislative OF Cy Council
u tho ns acceptance of any snch power or shah
10 determined by Of majority In amount OF the stock
| holders.
Tim of affairs Of this Association aha be nBA
nv three commissioners, appointed by the Stockholders at
meeting convened Tor lint purpose aer sixty days previous
lied in Two newspapers published in New Orleans Said qi
danrs shall be solvent persons residents Of this city,
10 tho Assoc atom their Of office shall assigned
sor Inudaioh shall Exed well their compensation
rc n1anrer StockhOldea by resolutions in general
| meeting convened, determine. r. Ia
| ARTICLE -..
The names respective interests of the parties
are declared to be as follows to wit;
| Names No. af Shares, Amount.
/ j. B. SIawson. Observation-Disclosures. 1000 $500 600
| Frederick WinB. ...........--. 1918 100000
| Henry Hart. 1000 100000
! Patrick Irwin. ..........-.... 1000 l00G0G
/ Alfred Penn. ACKNOWLEDGEMENTS. 1000 ia 100000
Samuel Smith & Co. ................ 1000 i 100000
| A. & NJ HeDe. ACKNOWLEDGEMENTS. 9a5 X 1850
| JOSIAH Cole: 219 buV