The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-03-05
Charter OF the Company.

The said shall be knOS0 ::
city shall be designated BY the Directors the official
SEC The said corporation established for the purpose
Of providing and sa5ppg and Opersng connected 9s Of
New Orleans, to some point via Yermilion the most
thence the ns of Central Transit Com
pany OF Texas and through to make connection with the
with the Pacific coast a. San Bias and the City Mexico the
road to Be double Of single and Of such gauge a. w
TO have such the stockholders hereafter deem
re The capital stock shall be fixed a. one million Of
dollars and divided into sh Of hundred dollars each
any legal meeting Of stocSS lders thereof provided the
shall exceed the actual Of construction
ever two hundred ana fifty thousand dollars shall be sob
u A sa Of IF the Ps ss
msnept Of TIE company shall be made BY the
SEC The FIRST meeting of the stockholders
elections shall be held in the city New Orleans the City
may appear in or By proxy and all and everyth
allowed officers elected shall hold their places unt
s. There shall be annual meeting of the stock
ysa1 and called meetings through the president
representing bali OF said stock
ss m Ii. PG the an
The Directors the city New Orleans and majority Of
and ssG meeting
Of may 50 far organize as to sdosrn from day to
day fer week. when, being present. the meet
proposed snail be considered having failed and notice
additional as herein provided will be required to secure
SEC The aclhOders a. any legal meeting annual
srmatvey shall have power change this Charter
and any Of its ofHcers and elect others ill the
issue of bonds and do and all things necessary the
cess enterprise and BY such vote also may provide for
the extinction OF the Corporation such equity
and law may resure Apy legal meeting Of Stockholders BY
amend the By Law, made BY the Directors.
sxc There shall be elected Beard Of Nine Directors
number President Vice President rsa
surer 70 give bonds in sleh sum may be shall
Secretary, Attorney Agent other
BY proxy until otherwise directed By the stockhoders and
ave shall institute for business They shall
MONTH and hold special meetings any time three
may teGuss se same saa being called ey
each Director As early as possible said Directors han
and submit the same Stockholders their
and such By Laws ha be valid and governing subec. to
the special and gerers Of louisiana and the provisions
SIC The balance the stock subscribed shall be paid in
a. the cali OF the Directors provided sixty days notice be
gwen Of the assessment and than Eve cent be
books of subscriptions the capital stock determine
the places and times Of same stock OF Company
sr three o. the stock being present in person By
pr SKY sao f sppT 1I the san. sane en-
oody by death or otherwise and cd TO take
the the Company in the United States Mexico
other oresn country and citation President Secretary
sEo 10 The Stockholders voting by ballot. shave Of
stock represenng vote shall at ther annual meeting
elect Directors who shall bold their positions
ton Of unless removed herein provided
Directors at their fret meeting thereafter shall elect ocer
for such time and perform such duties receive such
pensation as the Board may determine
SIC. H. The Company sha keep in its Office subject 70
the inspection OF the Stockhoders sets Of books the
transactions and condition and containing the proceedings
the Company.
SIC ~ This Charter shall In twenty
years unless extended BY law terminated BY
Company. who herein provided may through Directors
APPOINT Commissioners TO ascertain and the liabilities
equitaby distribute the and cancel the Of 10.
Company making record Of the same required by h
laws Of Louisiana.
Organized the lth Of January ls69 aad published b.
order Of the Stockholders.
The undersigned Deputy Recorder Of Mortgages in an,
for this Civ Parish OF Orleans Of Louisiana IN
certify tia the within act auy recorded in this ONCE
b Society No Z. 22
Signed A. DUCATEL. ia,
(~~l Deputy Recorder.
~
duly United States Kevenue Sta d.
New Orleans Februsry 10, 1859.
Published by order Of Stockhoders meeting hsld in tn
city Of New Orleans, February II ls6e
secretary pro ten.