New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-27
CORPORATIONS.
CHARTER. ...................--CH CHARTER.
STATE OF LOUISIANA, PARISH AND CITY OF
NEW ORLEANS

CHARTER. ACKNOWLEDGEMENT CHARTER.
STATE OF LOUISIANA, PARISH AND CITY OF
NEW ORLEANS.
Be it known that on this twenty seventh 1ay of
March, IN the year of our Lord one thousand
eight hundred and seventy-one, and of the indie
pendence of the United States of America the
ninety fifth before me- Andrew Hero Jr., a notary
public in and for the parish and city OF New Or
leans, State of Louisiana duly commissioned and
hereinafter named and undersigned, personally
came and appeared the several persons, residents
of this city, whose names are hereto subscribed
stockholders OF duly aft horized representatives of
the Stockholders of 1.-THE Mississippi and Mexican
Gulf Ship Canal Company" duly organized cor
porate body of this State, domciled in this city,
tary in this city on the sixth day OF July eighteen
hundred and sixty-eght. who declared that, after
due notices and publications, a general meeting of
the stockholders of said company was convened at
it's office in this city, the twenty seventh day of
March, instant, for the puI pose OF making certain
changes in the charter OF said company, and OF
advising of the practicability of accepting ON be
half of said company, the powers and privileges
conferred ON it by act No. 80 of the Legislature
of this state, at its session of this year entitled
IAN act TO provide for the drainage of New Or
leans" which became law by constitutional
limitation and that at said general meeting, stock
holders or their duly authorized attorneys Iepre-
senting fifteen hundred and forty-fwO shares tmOre
than three-fourths of the fetal number of sharesl
of the stock of said company UNANIMOUSLY decided
and agreed that the said Mississippi and Mexican
Cult Ship Canal Company should accept the
powers and privileges conferred on it by the afOre.
said act of the Legislature of this State entitled
ian act to provide for tho drainage of New OF:
leans and that article three of the charter should
be amended and changed so as TO hereafter read
ana be as follows. viz
I h capital stock of the company is hereby fixed
at tour MILLIONS of dollars, to be represented by
two Thousand shares of one thousand dollars each
and twenty Thousand shares of one hundred dol
lars each; whereof the present stock of two thou
sand shares of one thousand dollars EACH amount
;,orf rf mill Of dnllarg
designated canal stock, and be entitled to and
alone have and enjoy all the privileges, franchises,
rights and advantages that have accrued or may
hereafter accrue to said company under and by
virtue of the maintenance and management OF the
canal originally contemplated by or conducted
under the provisions of the charter of said compa-
nv passed before said Notary Dibble as aforesaid,
and of an act of the Legislature of this state, OF
the session of eighteen hundred and sixty nine,
heino No Il6 and entitled IAN act to provide State
aid in the constructo of the Mississippi and Mex
lean Gulf Ship Canal and for the issue OF state
bonds therefor" which said canal stock shall be In
no liable for the contracts OF faults OF SAID
company under the maintenance ana management
of said drainage canals, or the haoilties anu OBI
cations imposed on said company by said act No
80 of the Legislature of this State OF the session
of eighteen hundred and seventy one, entitled an
act TO provide for the drainage OF New orieans ..
And the remaining twenty thousand shares OF
one hundred dollars each hereby adued 10 the
original stock of said company, shall be styled anu
designated drainage stock be alone entitled 10
have and enjoy all the franchises, rights, priyl-
leges and advantages conferred or intended 10 De
conferred said company by the aforesaid act NO:
30 of the Legislature of this state entltled an ACT
to provide for the drainage of New Orleans, OF
that may hereafter accrue in carrying out the pro
visions of said law, and shall IN no manner De
liable for any of the faults or contracts OF sald
company in the maintenance and management OF
its ature said canal from the Mississippi river 10
Lake Borgne, nor of any of the laDlhtles OF re-
strictions imposed on said company by Its charter
as passed before said Notary Dibble.
Each and every share of said canal stock tot PAL
value of one thousand dUars) shall have and re
eli tan shares of said drainage STOCK, anu Iht
Board of Directors shall prescribe or enact and
adopt such by laws, rules aud regulations ior tnt
future management and regulation OF the aHars OF
said company as may be requisite to provide foi
such difference i'll stock the division OF the rev
of SAID company arising IRON sa'd snip y,
drainage canals to the particular KINDS OF STOCKS
entitled to the same hereunder ana 10 completelS
carry out the provisions OF this section as hereby
amended. I'll, :,
clare and make known that said Mississippi anC
Mexican Gulf Ship Canal Company mas acceptee
tba novers and privileges conferred on III by SAT-
act pf the Legislature of this State. entitled ar
act to provide for the drainage OF New orleans
and that section three of this charter, as Passet
hafore said Notary Dibble is and has been change
or amended SO as to read and be as nerelnDelort
sDecitied and to these ends they hereby authoriIt
and require the Recorder OF MoTtgages ~ ana ,o
this CITY and parish to enter and record the dlole
said amendment on the books OF MS once o.
Thus done and passed in my once, at N G VI
leans aforesaid in the presence OF faIi a. ~ h,
hereunto sign their names with the parties and me
the said otarv the day and!date aforesaid
Original signed: ): o. NO1Eo'
LAFAYETTE FOLGER,
And others.
P. A. CoSAND
GEoR6H CESAs
ANDREW HERO, JR.,
Notary Public.
/ hereby certify that the above and foregoing is
true and correct copy of the original act, Whcl
has been duly recorded in the mortgage ONCE 9
this parish in society book eight, folio 3o4, and
on file and of record in my office.