New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-08-01
CHARTER.
MissIssIPPi AND MExToAN =,
SHIP CANAL COMPANY

- ,lEii-
STATE OF LOuISIANA-PARISH On Il
~ leans-Oity of New Orleans, BE II lnUo.nc il
On this sixth day Of July, In the year OF mo nn
SnS1ussna eignt nunoreq and sixty eight, and
ninety third. bsfors me, Henry d. DibbIe n ~
Public in and for the parish and city q ~ ~
leans, state Of Louisiana, duly commiasiorssI.
qualified, and in the presence OF tha %i.ec
hereinafter named and Undersigned pers
came and appeared the parties whose bamss
ayailinR themselves Of the provisions Of the y.
Of the state of Louisiana relative to tho os y.
tlon OF corpoyatloEs for works-of public imsns,
ment and utility they have cnpenaufed and "
and DO by theg. Presents coFenAut nkree. snS4
themselves, end those whom they rebfet emit ~
oh;aoss 81 1nn eqfPoEation o
and Regulation foilowine- vi7. Aaes eAAs stpulat
=
ARTIcIz FIRST. -
Thename of the cornoratia,, e1,ai1 4. ..r,
sissippi and Mexican Gulf Shin fssnnf fss ne
Its dorncil ehail he tha c;tv ~ sk f,5t Colnp
President Of the eomnanvshslt ~ X se4ns fnt
whom citation NAV ha sarvsa ~ ny o'ncef 81
80 .. = p. - -
ARTICLE SECOND.
The object and pnrposes Of tina s,.,r4,.,,ss
open end maintai nayieabis cana, sss..nl
Waters Of the MissieaIppi Eixpr and those n N
f.snS;n -9nll 4AFonFn Late bgrgnq. under
S granscG ~ the state OF louisiana 70 nj
A.u a. nteMhrt, MS associates and assigns, b u
Is5s sne Legislature OF SAID state approved M1ad
low H..r- raa... III
ARTICLE THIRD.
The capital stock of the company Ia herab, /.
A.. two millions Of dollars, represented 5, Fl
able in such manner and at such timaa ne II. II
of Directors may determine ~
ARTICLE FouR7E
All powers Of the corporation shall, he ve.,.,
board OF D1rectorss consisting of six persona III
sn 1.L ~ stnocknoloeIs 81 the corporation.
I'm IN tne nrst Gay o. in g, 1853, and annually MI
Be held At the office Of the corporation, q \,
in two newspsper nubl;sbsd n ~ ~ sns g Gil
leans. A plurality Of votes toountine on oi NeH
said Diractoro ,rho ~ th sn 81 pe sumcient 70
election shall choose one az their nnsrg aiter
dent OF the Board a. vsi - ~ H nulnoer ior ID
ARTICLE FIFTH.
The President shall preside. at all ineetinss =,
az 6oaro, o. Of me corporation, and in case
~ Or inapiity TO act the Board OF DirsN
wbn shsII I'm M , number PRESIDENT pro I'll
~ praa, III olhe Delng exercise the full po
ia Ee SS me ialnre 20 elect directors Is i
directors then in office sialI he 4 pSs out
election is held of which notice shA he oiven
provided for, and shah continue till an eleciSs.
held. ''''a
ARTICLE SIXTH.
a Treasurer and ali snch Cisrhs pgoint oecrtz
hs necssssv. 49,. 49, ~ ~ enu agents =
tix the salaries OF all officers Of The
the amount Of security hat shall be reonirsd,
any Of sald orhceiS and agents, and shall mafa
"a IN " " III tne proper managed
anu rekuiaCloh OF the AFFAIRS OF the said corponla
- y ~ ~ 70 eoeSs1sSIy Anu proper majority
s1s - a nal ne Necessary 70 form quorus
alsG 20 eect any otncer theteof; and the said ri
occur therein by death. Sbaencs rss;anoes thAl
Other cause. : ~
ARTICLE BEvENTH ~
Each shareholdas AT ali Y,,aat,nog TO-. Ar. a.
of Direciors or otbar nnrnass X \, iVI tne eea
recty or nv more To ~, . ~ si " enutes
held nv him. - 80 Nv ~ eaSn snsre u
= IHr1cf T -Vyar,-n., O. q
80 a. i .. -s
All eransiers OF stoeisshall be recorded at The &
~ saIu company IN book Of transfer to be kSpI1
or ~ e new stoek1oder binding h
ieti 70 A9loe oy All the terms, conditions, and I
tions ~ bvis ~ anu any ano al tne rules, I'd
thareof - avs A9@"e anu SuoPSeo IN puuHN
- 4pyryr =, ,-,,-.-..
HAtSHN N4N1h.
ms corDorAtlon snail be and continue i,gd
curing the term OF twenty i've years from aud1f
tne oate OF these presents, and may orgsnfs
business aS soon as two9thirds of its capital y
shAl nave Deen subscribed for.
--- .- ARTICLE TENTH. ..
o. Nog hssioWTl william nsW W. atockh9ders VIZ "
HiIby Tbonas n pnrs nv" ~ SyIus Dqsseyt
are hereby co1stitntsS me rst p Ss,lnei n n
who shaIi Al their fiSst 1aa,;', I OF Dlies
number a. Prssi dent ~, SS7ssihns eiegt one o.
~ rs snd ss5Se Until
ARTICLE ELEVENTH.
The Board of Directora NAV accant Co. A.. :
ration any power or privilege Conferred On ~
TIE sane i, formed. By the sdoption d ans