New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-13
n. o. CITY RAILROAD co.
ftARrER FTHE NEW ORLEANS CITY
" MAlllROAD COMPANY.
UNITED sTATEs OF AMERICA, STATE OF LOUISIANA
4

Beknown that this fifteenth day of june in tho year of on
Penencs Of tRse Tned SUITES Of America ia
t me- EWAkp BARNETT Notary Public IN and 10.
saa day commissioned sworn personally came and sp
ssSses,y declared hat evsng provisions
ton Of Corporations this State they have coyenan and
agreed do by these agree and bind Them
a 5 &c ss.s nnd Dss S
'si0n'' regulations and obligations following t0-wi'
rhseorrora,s mama n th s.saa,aon shouh. ~. NEW
oRiE1Es CITY RAILROAD GoMP1NY y 80 'D' -'-'"
Article H.
located in the City Of new oTsans u LIB
Ths oPlss Of this Association s construct and maintain
carving aud generally exercise s4eb
beesnerted on them for building and Working city Raoads
ARTICLE ".
me- Capital Stock Of this Corporation hereby fixed at one
on Q, noars, represented by ten thousand shares CT one
hundred ve per cent of each subscription shall be
shs psd nj ths tina and h th d h th td
of Directors provided that not more than ten per cent of ad
thaaonce within any thirty days ''N''
n ss2a any s"6sdles refuse neglect pay his
% thereon o. me rag Of eight per cent per annum shall be
or refuses to pay lis insament or insa9ens within
@ days after The specified time of payment the Board of
sos Or shares upon which any insasn may be due to be
tichePyof BY "eF Ten NO.
~ ''''', anTro1nv.
a. aan hereby s ssH al s SgSRs 'od
PeE Irwin security in and % the contract Of purchase Of
nv GREENS as neS at b \" y chme FotIcr Eity
III sd ~ Nh fy OIL sghee hndoea mIa
~ na @ se Saa G FGra" a aH%
y manner set forth - said which here referred to-
% made part hereof and also hereby expressly
en- snd pay the bonus Of one hundred and thirty thousand
as therein paid and agreed 10 be paid by the said our
Tbscash nav ~ eti thd do,,-v odvencad
snts The stock rsspectvey subscribed by j.
ts proportion Of the Interests in the said cash payment re-
as they Become dpe and for The balance
1.-THE said purchase price hundred aud four thousand
as for which the purchase furnished his
RgTal promssory notes for the Of wenysix thousand
E Rp and f o sn and Gf by Il ne
e seventh dgy Of eighteen hundred ana sixty
m a dn rn n Gds T sx p a Gs w ns
an e aGL c Soay to ddeny mem VIZ f ACRE
Feion and expressly agreed to be paid by the Company
maturity, according 10 their tenor and effect
ARTICLE VI.
rb. Association shall On tro nneatfo, from and after the
dte tbis Act ~ '-'' ''''''' ''oD- AA1 "'''' tint
ARrIohE VII.
TINS association shall have Corporate Seal the device
Scar and the ofths Cooperation traced thereon
.l% ,RrIcLrvr11,
E@ AZ tiSLE W.
Articles Of Association may be modified altered and
" GsRia sS ~ nay Ge Inc 10 any h n3' @ ~
ent Of in amount Of al The siockhodeIs o1sintd
w any increase o. capital shall DC duly authorized tTty DAYS
citg of EeT Orleans within %hieh time Stockholders shall
~ nS pSyge f 81 ,bi 6 aI @ s b n
k the benefit of the Association, but not at leos than pal
Nue.
ARTICLE *.
All of this Corporation shall be vested In Bosd OF
n-ctSr Consisting Of Twelve persons each of whom shat
Ma in his own rpbI at least hundred dollars Of tht
spita stock Of said Association.
" N .. ARTICLE Z.
The following n9ed VI ,, John r s"Eson
IJpfu n u
so and are hersby the rs Board Of Directors VII
a at Their rst meeting elect one Of their number Fresdent
nd Board shall until superseded by their
trrIrIy
On third Monday in December eighteen hundred aud sir
one tna annually @ an eG9 hs LOT %STS 1eel
nation Of which election previous notice Of at Least ten Day
h he given IN TWO newspapers p"0nsa IN inc CITY OF Ne'
ARTICLE XII.
plurality Of votes cSentng one vote for sach share Of st9c
their first meeting after their election choose one OF their nn
Der for President Of the Association who shall be elected by
majority Of the whole Board and upon whom all citations an
other legnl processes shall be ser SerIed - -, -
Of the Board aua IN case e. n05ence Or hnoy 70 Gct =
SG1 far hG he Gtf H ben G The
All elections snail pc ~ 4aio under me ehptfinenoence
mot Drertors Al least one week prior 10 any election
ARTICLE XIII,
n,..
majority Of tne b@ard ol ecl9S gna De necessary
act except toG the parchhse o. ne ig4t OF way 70
f ltli u
hich hall reaue vote of Of whole Boa
OF DEeetols' ,pr1crp Wv
any Dltctol UrE nfrnte q /, he 30 49, VI T.
m9nths otsss, my bmnin IT. nnn ti"6+ moi To- %
@ L " Sa nanitsI stnc Of ha ToTnnHny: md nrovje
G'so thtI s'' %; W. V ~ ' O Vt ilo''0
ARTICLE XIV.
", - r,,-,o.o.. st1, .r,,otrt a soc,n.ar, .ra
The Board OF directors sn@il hpPolt secretary, ara
clerks and agents. ana may FsnoVe me same a. pleasure
nnunt security that shall be required from any said
Said Board may aso aeegae suen power ~ me
the Ordinary 1tshsss VI tLo " w
own no9y o i onf oreTs s5a itbon this X
@ a. DS ins ns to Them shall seem proper And III
shall have make bylaws, rules and reguatons ard
require it, ana shai Ats2 nave power 10 supply any Eca
cies thAt may occur III e hottu, sven nty DC
ciared account OF death resignation want OF Inc equls
number OF shares insolvency. OF huseee leafe lol
successive MONTHS -x,
~
for the registry ana transfer oil Shares OF the CAPT
ed Nv the BY laws All transfers Of shares shall be made
signed by the shareholder his Attorney and viii
books the Directors may close ms often rs convenience
require hut not for longer period than
transfer the previous TO full having been
permitted 10 do SO by substitute OF the uDScrip
Of The party purchasing provided that the substituted subscr
ton is satisfactory to the Board of Directors.
-ARr1c1Erxyn
80. NJ - Al, -
b, nrnose shall not dissolve this Association but the
rectors then 10 once SPILL nqa 9'er u anoe eGcl9
of which notice SiNeh PROVIDED
~