New Orleans Republican., 1868-10-15
No. las.
AN ACT
GEO. + BOVEE,
St cretary Of State.


To Incorporate the New Orleans and Ship
Island Canal Company.
SECTION l. Be it enacted by the Senate
and House of Representatives of the State
of Louisiana in Gent raj Assembly convened,
That George f. Brott, Lionel A. Sheldon,
Ch lrles Di lingham, Gardiner Banks, Ern.
esU De Blanc, Michael Hahn, William h.
Read and all persons who shall or may be
associated with them and their successors,
are hereby Great, and formed into body
corporate and polite in deed and in law, by
the name, style and title of the New Or.
leans and Ship Island Canal Company" and
by that name shall have perpetual success
sion; Provided, that after The lapse of fitty
years the State OF Louisiana shall have the
right to purchase the SAID canal and appur'
tenances thereto belonging by paying to the
owners thereof just compensation, in case
the parties can not agree, than the amount
to be paid by the State shall be determined
by referees to be selected in the usual man
ner, and shall be able to sue and be sued,
plead and be inpleaded, defend and be de-
Tended, in such courts of law and equity
only MS are courts Of record in the State Of
Louisiana. Service of process from any
said courts against said company must be
made upon the President, Secretary or
rteasurtr OF said company; to have a com
mon seal, and are invested with all the
powers, rights, privileges and immunities
incidental aud essential to such Il corpora
ton under the laws Of the State of Louisi-
ana; and the said corporation is hereby
authorized and empowered to lay out, locate
aud construct, furnish, maintain and enjoy
continuous canal and telegraph with The
appurtenances, from a point on the left
uank OF the Mississippi river (descending)
n the parish of Jefferson thence through
ne corporate limits OF Carrollton, cities Of
Jefferson, and New Orleans, In as direct Il
cute as practlcaoie north OF Broad street.
IN New Orleans, to the ltogolets near
The outlet of Lake Catharino, thence
Ship Island. The capital stock Of said com
phny shall be six million OF dollars, which
may, by vote OF the Directors, be increased
to ten million OF dollars, N shares OF one
hundred dollars each, aud shall be trans
ferraole III such manner as the bylaws OF
the corporation may PROVIDE; each share
shall entltle the owner thereoi to one vote,
either in person or by proxy, Tor Directors
Of said Company, provided he shall have
oWneu tne saine lSt tniGe LnonthS It neAt pre-
nnrstG sGe ~ J ~ Lat ono nnSoS "a, Suai Eae
bn n ~ % ~ rodD
t,' n,rooto 81 IA S,,,,
T6o nnp,,er NJ Drectors ''.fp shaII ho
pam3, four nf u,bo,, will cons,i,,,to ,,t 0
seNell, any Ioui VI ten,,,io ~
rho I,,, ,1a,sons named 10 fb;s seciion sLali
Ane ti e. 81 " ni s sIi'.ii
cohs'ilute w ntss , nJ"iS' u DiIeS U.s IiVln
Tue passage oi lAiS "cs 70 lns h5st monuay
III Jal usr!, g'shteeu @ @nunuIeo anu siAIl
uine, anu nlSi ~ ~, slaIi pe
eiectsu Ion ~ e1sSSaon sniia s & ue i1lu ,ht ~ 1e
uIsC u ~ 81 ; Ja1n .lto ltai
a' stG Nm, " salu
ho,rS of me and three M
houis oi onoo ~ FItvS = n'
OF uia' oa5, 5,,il,, IoO nnCsnrdr. aStns a. oeen zen
g,Vsn III W. uauy ~ ~, pSiprl ; ~ inv citS
OF new oiisana ~ w H"Jo PtS'lous w
such electlon; we peIsons neeeiEing tne
hlgnest Iumoer ol Eotes snaiI og uee.aleo .i.Ls
electeu i',9 e.ts ~ ra Hhen
eaTs, anu S, uuo,' s ,hn DSac,ors
% ~ oction ~ 10 ~ no:n nne of fbeiy
aise. sLa, r,s;I,.,t III 3tboII ser, te +Laa
uuinoei Ell b;s s,,ccesso, IL olactsd
r1a. s,so W sbaii elect a SecIetarv and TTea.
10y 10y ST. shalI hoia their off}ces dnrina
| stSa0.I stl ,.,'.s ~ said posrd ~ nirao,nrss
Tt SIe pn;n ,i,e ssid coTonon, obaIl i've 10
| thn o;t,, 1e Nav n, leens ~ -
'ne ol'y y tNs" Ci.s@s' .~ u
SEC. q pc u luftner enac.eu, esc.; Ihat
| tne directors slali NAYS power 70 thake Ny,
laws, rules and regulations as tney shall
deem useioi ana proper, toucnlhg me us
position OF the stock, properly, estate ano
effects OF tne company, W .c9llect ana
regulate Tolls, lhe transfer OF shares, tae
term OF office, duties and conduct Of their ON
GERS and employes, and all matters whlch
may appeEtaln 70 tne conGerns ~ ns o. said Com,
pahyi eha tue EA'u "snt i,
nav poNeI w. Pgpe1as s T,a, trsn, ,;n,a
Tuu % noess,, ~ corrv inIo ~ ~ th
" tilie " ntoessf4y yS y. ~ aii an5 w
oyyects OF ms act anu loaa,;o1 f M sa;1 ' su1
nlgs teuens , se niaoto,.s o ,an eo"ie.
stoci 9fte ane NO
RS a es az so " sIs va ~ s1ch nronori,nu
as 49, sbey sbSIl dasn, me nscassoly ~ cpmn'e et,
the canal and teleqraph within the tim
prescribed in this act. The Secretary an.
treasurer shall give such bonds with sucl
security as The said Board shall from time I,
lime renuira. - -. + = =
e g D. .. h,y,har onactad 40 MI a
DEC. .. sa ~ S.,a,s -, vss.,
70 enaole s,,u ;ilass ~ Mi on
Purposs,s, ~
the saiu Svupany 10 r'a,y,,,a IN h,,,,a
r.-av as3,oV aVsase, "a una;n.s;r ana yse
snin canal along the rente indicated in In
6rst seetion' III thls ACT. which canal shal
ha al least one hn1dred and fifty feet wild
~, the surface with the nroner Stones 10 m
: fn5to,n ana &, exravata tc afFara aupiforr
aen,b ~ Al Ie,st twelve feet throuphout II
= asltb with fhe nriyileae Of Widening III
anaa Il three hundred fest and deeneri1g
afFa,d q depth of twenty.fI feet of water
and fiev sre hefebv retIuired 10 cause III
n banks thereof TO be made secure and ade