New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-26
N. o. cry RAILROAD co.
rFFARTfIsFs OFTHsN NEW ORLEANS CIT
" RAILROAD COMPANY.
UNITED STATES OF AMERICA, STATE OF LOUISIANA
CITY OF NEW ORI,t. ANS

everay declared that awaiting themselves Of the provision Of
ton Of Corporations this stats they and
selves and those whom hey represent to form themselves into
and constitute Corporation for the objects and under the stpu
fatons regulations and obligations following toWit:
ARTICLE I.
o FL q?oIf 9 Ok b c64 shS be tho
ARTIcLEI
The place of business and legal omiCil Of this Corporation
shall be located in the City of New Orleans.
ARTICLE
The object of this Association is construct and maintain
City Railroads. with suitable tunouts and branches for tht
Of carrying passengers and generally to exerc'e such
conferred them for building and working City Railroads
ARTICLE ".
The Capital Stock this Corporation is hereby fixed at
million Of dollars, represented by thousand shares of
d2as eac y9 PER Of G in S4s?9n @ be
shall bopal at the time and in hemanner directed by the Board
subscription sl called for At any one time and not oitcner
Should any subscriber refuse or neglect to pay pnactuay
nstamt or nsanens q? the same mature and fall DUE
addfa thereto c from maturity ~ and f. any sDs:TSG1
DrecorS reserve 10 Themselves the fight Of causing any
sod public non or oheo ster ten p H 10 no.
tce thereof by advertisement,
ARTICLE
The snid Corporation hereby all the obligations OF John
slaw;qn g principal and Henry Has Frederick Winz and
New Orleans act passed before Charles E. Fore City
OF
forth a Whit here ,; red
sum Psy e Of e bsa6 an
dollars therein pad and agreed to be paid by the said our
The cash twenty thousand dollars, advanced
BY the said purchasers shall be applied the payment Of The
law.on Henry hsT Fsderick Wnts and rs5reE irwin
me proportion Of their interests IN the said cash re-
their said nsalnent they for The balance
oa for %bch he eesad has
oas % v m fer Gs @ OF oTTs % 9S s
Frederick Wntz and fatick Irwin and BY them endorsed
ct Sz sG BanS IN tbs as
two tee and four Year, from dge VII! sE per cent interest
aphel by tho Aforesaid Notary to identify with he aore
ad re- s5s p % s
maturity according to their tenor and eject.
ARTICLE
This Association shall into operation from and after the
date of this Act
This Association shall have Corporate Seal the device
which shall be Crescent Within Circle with two horses and
Car and the name oft Corporation traced thereon.
ARTICLE VIII.
These Articles Of Association may modified altered and
The oagtai stoe may be increased to any sum not exceedne
% n IF @
aey ncea1 IS ean ss T ay
locs Of e sa be gyen IN yG
s az tF IL
ton the Of their stock and any Shares taken
value
ART1cLEIx
All powers Of this Corporation shall be vested in Boad
biTeGoT5 Goistihg Of twelve persons each Of whom shah
capital stock of said Association.
ARTICLE
Tho following named s,9ckhoders viz: John B. slason
Henry Hart Frederick Wntz, Patrick Irwin Alfred Penn
Samuel Smith Armand Heine James O. Nixon L. f. Fostal
po hereby consuted the s Board Of Director who
ah their first meeting elect Of their President
who shall be elected provided in Article Eleventh.
ARTICLE
On third Monday December eighteen hundred and six.
by the shall be held the office of The Corpo.
ration of which election previous notice Of least days
shall be given in two newspapers published in the city of New
Orleans
ARTICLE XII.
plurality Of votes coting vote for each share Of stock
voted upon shall be sufficient to elect Directors shall
Der President Of the Association who shall elected by
majority Of the whole Board and whom all citations and
Il sH Be the dqy Of s President to preside At all meetings
Board shall elect of their members President pro tenn
shall for the time being exercise the full powers President
inspectors appointed y the Board from among The sioef6o5
es not Dsctor5 at least one week prior election
ARTICLE XIII.
majority Of the Board of Directors shall be necessary to
form quorum decision such majority shall be q valid
corporate get except for the purchase Of the right of
which shall require vote of of the whole Board
ARTICLE XIV.
Any Director being himself for period of SIX
E9nh3 less nominate Substitute in his stead provided
Eva thu a IP " Of 9 e F Gd paf ss and Ih1 p1o%
far The time being, - ~ N ~
ARTICLE XIV.
IT,, p,,ri IF 0;rao,,-g sr,on orro.~,+ c,,uo. -, -,
~ 80 - w, :, 't iPoi' Bill ~
XXI e. i've NJ iii 'ojirars nf +L a. IteaS,e, '
amount security that shall be required from arv said
.r ,S{ra.s ~ n, Ern ~ ~ e on o. .;
49, 49, ~ tInir oTcorv ~ ,ntI +,o,, 49, Z Vi .t4Jti
t M ST leo annCnt Srr, i,' ~ tf uee. II.
nuier such conditions s TO them shall seem ,d ~
shall have power make rules and regulations and 10
my " 81 ,tq lIe Eo%er 10 supply any yhea-
cea 1 hJ oGth ~ e hoHtu, a!en NCicleS may DC Dc
cFicp on recount Oh Gehn' RESIGNATION, want o. the requisite
o. mares Insolvency. CT apSelce Without leave Tor three
hAccr@slN 4-'"'1'is ,-,a,
""1i"hE a i'
Books for the registry and transfer shares the capitsI
stock shall be opened and kent subject to he reytrron
ed by the baws Al transfers Of shares shall be made snd
books ana signed pT The shareholder his attorney and which
cxpedcncg require but not for longer peol than
Jays " me SAond any subscriber to the stock desire to
nb the same previous to full payment having been made
he snail be permitted TO DO so by substitute OF the subscription
OF the party purchasing provided that The substituted subcrp
uon Is satisfactory 70 inc l'n'Nd OF Directors.
.pr1r7r vrt1
.,,.o r ~ ,o :, .,4 T,,... - A, ,-.
far lint pur1nsc sbalI not Dissolve dis HsncSnn hi % III
recoys then in Office shall hold over mill another eaction
held Of which notice Shall forthwith be given rs provided in
Article L. and continued until NJ, elecon is had 49,
ARTICLE XVIII.
.,,ou,,.,s - - -, .....,-- !. -,--..,-.
f- al III H. n'eeEs l2f Tue eecnon OF DIrector'
OF ou pt lea1 sun pe eeq ulfecy or ny proxy to one
g,a1- :,b