New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-09-07

the choice OF seven directors Of which public no
tice shah be given for hye days IN n0 ie*s tnan twe
public newspapers published daily IN the city Of
Washington, or by written or printed personal no
tice to each stakeholder by the clerk Of the
| alton. And in all meetings OF stOcknplQere each
share shall entitle the holder to one vote, to bc
given in person or by proxy.
SEC. H. And be 1t further enacted, llat tne gov
eminent md direction OF the AFFAIRS OF the COM
PAW shaMzbe vested in board Of directors, seven
In number, who shall be stockholders, and VINO
shall hold their Office for year and until Others
are duly elected and qualified to take their places
81 directors And the said directors IA majority OF
rhan, the president being one shall constitute
WHOM, shali elect one Of their number to be pres
dent of the board, who shall also be president OF
The company; and they shall also choose o treas
ursr WIG snc sum al the said directors may re-
ouiri for the faithful discharge of his trust. In
5+h ras%nafion or otherwise of any director the
ua"ancv necasioued thereby shall be filled by the
remaining directors
So * ana ha n further enacted. That fhe d;
tors SbaII hav. f,,jl mower to make ard prescrihA
such hv-laws. rules and regulations as they shah
Sr nsedf,,I and nroner resuectinc the dspositiors
uet I vnamnn+ ne The stool nronerfv estate
"n, naacts If the comnonv not contrary to fhe
anu ~ ~ The Laws NJ th United States and AZ
oInHanse9 T ~ t 49,, dtorS ~ sod corynraf;an
roxGed lnat me oi to ~,
sld Hf.e Po"oi W 49, I s ~, ti.,., ,es,ac
.ap I nt ~ sunb tiwa raffar the ftrsf in
lively supscfe ped a, smG 'n me s, s snn
as they may deem proper; and II any ft9ckneid e
sat reise OF so"t;on "a he hsari " drertors
iit"iiVu w
after reasonable notice OF tne same tnf saa Doala
OF directors may sen AZ p'lpIe huc.I' ~. ~ .no
hlgnest bioder SO MANY SHARES ~ 'S nta I;s5 %
shai! pay sau hs V.lis. 'nI 49,. M
shall pe taken 10 pe .ne persvn M"v un .I ~
chase the least NUMBER OF snAres ioL .he assess-
Inent dtle,; uhder sicn genera ss az inay
be adopted III the bylaws OF san Corporation; or
sald body corporate may sue anu eeaMc' anv same
rom any delinquent supscrper III any coui1 VI
competent lurlsdiction
SEC: 10. AND be II further enacted, ina, mere
shall be an annual meeting OF the Snoders 10Y
choice OF directors to De holden at suen time and
place, under such condltions, ana upon such no1ce
as the said company IN their bylaws may presc1oes
and said directors snail annually make report IN
writing of their doings to Congress- or 70 the Seere
taryo the Interior and to the stockholders III gen
eral meeting. +
SEC. II. And be 1t further enaetesi, That the
mayor and council of said city, and the levy court
of said county and the several officers OF these cor
porations, and the said corporations are hereby
prohibited from doing any act or thing to hinder,
delay, obstruct the construction or operations Of
said railway as herein authorized.
SIC. Is. And be it further enacted, That the said
company shall have at all times, the free'and unip-
terrupted use of the roadway. And if any person
or persons shall wifully and unnecessarily Obstruct
or impede the passage of, destroy pr injure the
cars depot, stations or any other property belong
ing to said railway cOmpanys the person or
persons SO offending shall forfeit aud pay for each
such ofeuse the sum of ten dollars to esId COMPANY,
to be recovered and disposed of other fines and