New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-09-07
CHARTER.
limited STATES OF AMERICA,
STATE OF 1oU1stAgA-oTry OF NEW ORLEANS

BE 1T KNOWN that this thrtleth day of August, in
the year Of our Lore one thousand eight had[sd ana S
ana q the independence o. the United s'''' ninety
for the city Of New orleans State of Louisiana aforesaid
duly and qpsed ard in presence OF the Wit
Personally came and appeared the persons hereinafter
louisiana relative e the organzaton corporations this
pssents anS b5d 6esSyas ad those
whom they represent form themselves into and constitute
lations and obligations following, to-wit:
ARTICLE FIRST.
the GREsGEST CITY RAiLRoAD GoMfANY I'''' ''
ARTICLE SECOND.
The place of business legal dDmc of this corporation
shali be located IN the city of New Orleans.
ARTICLE THIRD.
The object oths association is to construct and maintain
pose Of carrying and generally exercise such
a h and as are hereby OF NAY here
railroads
AREIcLE FOURTH.
HUNDRED TRogSANp D4nLARs s60oOoo represented
LARS EACH Fory cont Of each subscription shall be
be paid At such times aud in spch nstamen
the Board Of may order provided that than
With within th das small pc '"Sa
his no nny refuse or aegsst to pay pues
s due thereon at the rate Of cent annum
Wsa rS ss e pay his n.
payment, the Board Of DIRECTORS themselves the
sh Of causing any has ana aTs9 upon aieh Install
scriber.
dhe said T hereby n Hbsons Of Da
strong as seanFte in and to % pn DeR As
right of for the conjunction OF city railroads the city
before Andrew Hero notary dated ssnembsg 10Th Noven
tract S Win ne it Of 1 h o, sna the con
Beck notary on the 26 day q February 1866 and o6
Plans and within tme lie she
set forth in said noara acts which herenbeore
ferred to and made part hereof
ARTICLE SIXTH.
This corporation shal go into operation from after the
ARTICLE SEVENTH.
Thsassqcaton shall have corporate seal the device of
which shall bea crescent within circle with aud the
name of the corporation traced thcoeon.
EIGHTH.
These articles of association may be modified or altared
and the capital stock may be increased to
ceedng mlion dollars in the provided law
obtained in general meetng convened after thirty days
Whenever any increase capital be duly authorized
sixty days notice of the same shall be given in news
time stockholders shall have the privilege king additional
shares in proportion to the aaoul Ct their stock and any
ofby the directors for the benefit Of the asocaon
ARTICLE NINTH
powers of this Corporation shall invested in Board
own lis L si aaned T SSs nay "
the capital stock Of said association,
The following named Stockholders yiz;-David McCoard
Patrick Irwin John Armstrong August Bohne 6Iaspera
DecSr Who Shall At eT Fs meeting elect one Of he
number President and said Board shall superseded
by their successors who shall be elected provided in article
ARTICLE ELEVENTH.
On the third Monday April eighteen hundred and sixty.
seven and annually thereafter election Of Five B
Corporation of which election previous notice. of least ten
days shabe given in two newspapers published in the city
ARTICLE TWELFTH. ..F
plurality Of votes Counting vote for each of
shall at their FIRST meeting atsr their election choose
citations and other legal processes sh II be served
ings e the B2e5 and il eae Of his absence inability
who shall for the time being exercise the full powers
All stious shall be by ballot Under tia superntendenee
TWO INSPECTORS appointed BY the 8oari least week
t5- ARTICLE THIRTEENTH.
majority of the Board of Directors necessary to
form quorum, and decision of such majority shall be
~ Bosd os Directors shall have fan power are
perty as be required for the uss Of the Company
ARTICLE FOURTEENTH.
ANY director being about to absent himself period of
provided said substitute shall have in own right not less
pany and provided also that said be 81 eee f az"
the Board of Directors for the time being, ~
ARTICLE F1ETEENrR.s
The Board of Directors shall appoint Secretary and ae
CLERKS and Agents and may remove the pleasure and
snail Tx The salaries Of all officers Ut the
amount Of security that shall be required from any Of said
officers and agents
Said Board may alsodelegate such power in the transaction
Of the ordinary business Of the Company committees Of
their body their officers agenls they NAV aen
expeden and may also appoint agents and without the
State under sgfh conditions r. to5eT sha seem proper
lsons and to amend or alter tbs same whenever The
ests Of the corporation require it, the mower
supply any vacancies that may their board sch
vacancies may be declared DEATH resignation
of requisite shares Insolvency or absence
without leave Tor three successive months.
ARTICLE SIXTEENTH.
Books for the registry and transfer of shares the capital
stock SHAH be opened and kept subject the restrictions
All transfers of made en- said books and
signed by the shareholder his attorn y. which said
BOOKS the directors may close often convenience expe
require but not for longer period than days
at time -
Should any subscriber the stock desire to transfer the
same previous to tp payment having made shall be-
permitted to do by substitute of the subscrpton Of the
party purch sing provided that substitute Subscription is
satisfactory to the Board of Directors. 49,
ARTICLE sEyENEEENTR
failure from any elect Directors on the day
but the Directors then in office shall hold until another
election is held of which notice shall forthwith given as
provided in Article Twelve and continued until election
be had. Is
EIGHTEENTH.
Each Shareholder all meetings the election of Direct
other purposes shall be entitled directly proxy
Stakeholder shall in his five hundred
votes and provided also that he shall have bis stock
atleast three months prior to the day of voting.
fae4 ARTICLE NINETEENTH.
No partners whose subscription In the name of the
commercial firm of which they MEMBERS shall be eligible
at the same time as Directors of this Association #
ARTICLE TWENTIETH.
Minutes Of all the proceedings OF Che Board of Directors
shall be kept by the Secretary and verified by the President
checks, certificates