New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-05-30
CORPORATIONS.
CHARTER OF The SIXTH DISTRICT AND CAR
BOLTON RAILROAD COMPANY.
PARISH OF ORLEANS, CITY OF NEW ORLEANS.

Before me-, Pierre Charles Cuvel!ie:, notary pab
&c in and the and PARISH and STATE Aforesaid
duly commissioned and sworn, aud III Ine presence
OF the witnesses hereinafter naieI anu aue. 49, 90,
names are hereunto Subscribed, "Ao seVeIai:S ue-
clared that availing Themselves OF me pToViso.s
of the laws OF the State "f LOUISIANA, 1tialiVe 10
the organization of corporations 70: works, OF
puuG lmproy efne,ts. and !oT otne: purposes, uhev
nave eovenanted and agreed ana oy .ness Pssse.lSs
those whom they represent, or VINO may hereailer
become associated with Them, to :SrIn Themselves
lutO and constitute a corporation foc sae on}eCts
and purposes. AMI under the stipula ions. 1esula-
tons. ami oo-s following ~ W.:
ARTICLEl.
The corpo-at. name ard title 81 This ccrpo!a.ion
shall be the SIXTH DISTRICT AND CARRcLLlOS
eaa. sone l th1teot s,.an BE- the ety OF New
Orleans, in the parish Of Orleans and sne ase o.
louisiana
The Office. and purpos. tor whe:: :ii;s corpora.
ton established iec.a-ed 20 be t.4e colstI
ing maintaining ana operating OF city railroad
| Of New Orleans to O. through the city of
Catro.ltol, and vice versa AID 10: S.at purpose
to acquire by purchase from the pIe'sa. owners
franchises. property rea. and personal. live and
rolling stock, effects and claims whatsoever OF the
| Magazine Stree. Railroad Company of Jefegson
| City. including the privileges granted to SAID
owners 0y ordinance No 1853. Adnl:nl 5tratios se'
res adopted Apr! % l3.3 by t.e board 81 ADMIN
|
possess, enjoy and exercise such other incidental
| powers and privilege. is are now OF may hereafter
| be conferred upon said corporation by genera! or
| special laws of the SFate OF LOUISIANA or ortii
nauces of the CITY OF New Orleans or Carrollto;i;
and to own, use, dispose Of and even a:ena'e sa.a
| property ii they Ieem proper to do 80.
! Provided however tha: the purchase price 70
be paid to the said owners of the Magazine Street
| Railroad Company OF Jefferson City shall! not eS,
| coed the SUN ct cue hundred aad tel thousand
dollars.
The Presiier. cfthe company SEA" BE the proper
officer upon whom citation and q! ctGes lea. pio
cess OK Go;:ce Ulay Ge served.
ARTICLE ".
! Tn. corporate power. o: this Company slia!. be
vest-d III q ijoa-d OF Directors, composed OF seven
| stockholders.
No pc so; shall BE eligible 70 or hold the Office OF
| iirectO. unless he shall OWL, at the time OF ny
election and during his term OF office. at least Hs
teen shares of the capital stock OF the con pany
| No two emi.ers or The same firm sha. AT tlie
same time hod seats il the board; but. ne 0W1!ns
bv anv firm of the requisite GUmbe. OF al least M
| teen shares shall render any one EleMoe: theiso
| eligible 20 . seat IL tie I3ald
| ARTICLE V.
| The capita. stock of this comp any - hereby
| fixed for the presel: at one hundred and ten thou
| sand dollars represented By Twenty-Five hundred
shares of tfty dollars each. all fully paid. which
| IN conformity with che previous agreement DE
tween the parties hereto. Is dIjt.b as tol.oWs