New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-07-30
CHARTER.
MtSSIsSIPPI AND MEXICAN or
SNIP CANAL COMPANY

CtTATE- oP rorrrsI.N,
= iea1s-S,itv ~ \ as, Ia.I.- OF Oh
on this sixth day OF July in the year of mo IN
indensnSens ~ ti ahd S!1Iy eght, and 10 NJ
ninety third before me Henry q 6ibbIs "ier,Sa
leans tate of Io,iiono a. AZ anu cIty OF NevQl
uuafed and in tha nrss apS commissioned
hereinaft,r named AZ n"S; " tLte Wltness
came and Rnnearsd the untueISlBheu, persOnI
herrunto snbscrIbed Irbb Pa tes Mnose names n
ayatIing themssivss ~ ~ i aly useiared u
Of the state of To1is;ana IONS ~ the stat
tion of c0rsorations TO- ,.i 70 ne organl
menf y and tiit LOT Norks OF public mpfg
and do by the4 presents covenant seu anu ags
themselves and those whoIn they represent t" W n
themselves INTO and constitute corporation for
80 - d.H piiIp90se aud under the stlpuatsI
and regulations following, viz:
..
AhllOLE fIl'aI'
; ne name o. the corporation snail be "The Nj
~ aom Gu sh9 be the city of New Orleans aniSI
IEesluent OF the company shall be the officer m,
ARrTcTE spoon,
The ob;ooA ,rd ,,,, ,--.,i- 20
open and m aintain nayigabia ,on.p Lat,on an
waters of the Mississippi river and tboss ~
Mexican Gulf through La. . RoTgne I,c5ot
franchise granted by the State of Tn1,is;a no W
ard A. Stewart, his associates and assigns he H
OF the Legislature of said State annrovad Nj -
1855. ''N -A1'Val
ARTICLE THIRD
Tho caDit,J stooI, ot ~, ,,,,..-. E.: IT,,
NJ t pt Soook 81 tIe company Is hereby III
TboHgard ~ ras 80 - o ,t' LepLe1ehteu by
allie in .ueb nsnnnT 10 at GoiIsrs eacl
Of Tircfrs sG az suen Vnes as the b9
N' uo'0' iu'nS'
ARTICLE FOURTH.
Al powers of the corporation shall ba vas.os +.
Board of Directors consisting of siv nerso, ~ Y Z
shall be stockholders of the corDoration 0N''
after election for said board Of III @
be held at the office OF the corporation, Of Ny.
eIectlon previous notice fifteen days shall be m
IN Two newspapers punished in the city OF New n
shall ~
sad Directors, who at the first meeting after M
s,eetion 81. inai5 choose one Of their number for N
ARTICLE FIFTH
The President shall preside at all meetipgs n,
said Board or of the corporation and in case y,
shall elect one Of their number President no "
who shall for the time being exercise the fBII ~
OF President The failure to elect directors as M
5 NO. u,ssoase tne sag COZ poratlon but
secfion IL beid ~ sh;ob ~ uEeI Gntll anoh
nroviJsd - ~ Hi iia a. ue gwen as Abl
Rsi5 W. anu 'iiHi' 0Ohtlnue IN an election
"o'N ,pr,crp s,,,r-r
ARTICLE SIXTH
Inc Board OF Directors shah appoint Sec-ai,E
q treasurer ana AL such CLERKS and Agents as !
~ ne ssiar;as ~ IN remove a we same at poa
the amount Of recurity that shall he re0 Gr.Ju
any of said office and agents and shall mats
establish such bylaws for the nroner m, 1917 e
and regulation Of the affairs Of the said corpo,1
/ SAID Board shall be necessary to form a ouornr
als9 TO elect any office thereof; and the said BlI
&C.,, tbsrei 10 pSoatb " b M. any EaU;anoie5 mat
| oIher cause ~ ' '' i''iE u9t'Oui Wl
| ~ ,pr,r, f s,,.r,>,-
Ns N'L'NAh'
| ,Eaeh shareholder at all meetings Tor the e.ea
OF directors, or other purpose, shall be entitled
TeGtly or by proxy, to one vote for each share Of
| held by hin.
ARTICLE EIGHTH,
All transfers OF stock shall he reeorded at I'm.
| of said company in a book Of transfer 10 he Fss
| that purpose; the new stockboIder binding NIX NJ.
| or herself by the mere fact al renordin1 suCb MI
| fer to abide by all the terms, conditions, and NJ
latIons OF this act and any and all the rules M
| tons. or bylaws made aud adopted in pursl
| thereof
| v ARTICLE NINTH.
| This cornor ation shall he and cnpti,ra "a.
| during Inc term of tyyenty i've Sasrs iro5,
| the date Of these nresants ma raay ar,ss ~. y
| business AZ soon az t,Vof ,irds 81 ~ a.
! snail have been Subscribed for ''S''a
| -
| ARTICLE TENTH.
| The following named Stockholders viz in
q, Noyes William W. Howe, Cyrus Busaey
! Highly, Thomas j. Durant, and Samuel L. MI
| are hereby constituted the fret Board Of Diret
! who shall at their first meeting elect one Of y
number as President. And the said Board sud
successors, to be elected as provided in articieio
ARTICLE ELEVENTH.
ration any power or PRIVILEGE conferred o. NJ