New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-05-11


AMI il ia contemplated and agreed thas for the
purpose Of extending said road through tie city
of CArrouton, books Of subscription saau De
opened to increase said capital by adding thereto
one hundred and fifty thousand dollars, divided
INTO three thousand shares OF fifty dol ars each,
winch shall he paid mp by the Subscribers id such
ils,a!!uents mann, r, terms and conditions as the
Board OF Directors shall determine by resolution
Aud "a soon the same sh Ill have been subscribod
ard tls right of way in Carrollton shall haze
been ebt ain, d. the capital OF said company shall
be actually and deiuitive!y increased t" inc ule
said additional sum, thereby making the trta!
capia ct said company TWO huharei anu Sky
Thousand dollars divided into five thousand two
hundred shares Gf fifty dollars each.
The Board Of Directors shsll have power 20 ESQ
fab.i s NE and b, laws, according 10 which any
share "a shares upon which any iastalmeht shat
SeIna,n overdue thirty DAYS shall ne either foro
fei,ed to Che company sold for account 81 She
qieluqY-ne. No certificate of stock sSa Ice sss!cd
qnti the tu1l amount th"reofis paid. and ali trans
Pes saa' bs made according to the rules an! 5yo
sSSs 80 ae ses ad,sisied by tho us De o1gsGsoSso
aRTICLE VI.
ssss. Of Orec' shalt be .sosed Of ts:le
seven .iove named Stockholders w"o shall inlnre
dla'eir e:stes spon the exercise 81 thtiE 'MeIs
''-' S'> ARTICLE VIZ
a.. .oss..s ssoniay 70 sIap. 1885, snI ar..af e
sh,oegse: :!sre shall he an election OF tie seve..
,cty, tI!a stockholders: such elections shall
be lie d AZ III" office Vi the company, and notice
shese.' -'ali Se gwen bv publication IN at least
two aa.ip g-ws paprrs, pub ishea in the city CT
New Gs,na;ss soS not less thss zen days Irss:oes
sheletao
i0IdeYs sacis stockbolder sllal! be entitled to one
vote :or evsIe share of stock 0w!Hc by hms and
20 cast sLss sasd soto i'll person or by proxy ande
6Ycep. hem 9th rNise r. CURED Dv law. ma
iori.y os sh~ votes cast SHAH decide alo eec'
tons or 9eieaciDnI. Sc,
q9nGer tie superintence of two sockho!ttrs az"
pointed Jy the board or ii the persons thus ap'
pointed s,o,ed refuse or fail to attend the Presis
dent s!I So appoint Others in their sttais OF II the
Pres,drt- - ab-ent Oniits TO make the appoint e
ment i. nj ~ be II. ade by ma ority of the stock
II tro, any cause an election should fai' on the
gay appointed the Pres. dent ball folth"'h ca.a
al ohrr ,neetI at ten days NOTICE, as above proc
siled f.,- che purpose of arecting sa Il titcticns
aad con-. 81. t. do until valid election of a
majority ST The number of dlrtsfo,s snail DE dad
Such uJeiaritv, when etrcts d, shall meet on She
FIRST Mo&Gaofi owing thei2 eiectione and proceed
TO a.. lila ,ii.ir number by election, as -prov'aei
for the ne xt article IN case OF TacaatSs os:1a !"
oysaSiass oy sac election Of Presideare
ARTICLE VII.
9o,e Bo,e9 oe Directors shall sneef rf,e reSs
NoUdsr allowing their election ard at thelr hr5d
ree.in. s'.a eject a Presidett from one OF iheir
81 mbe-, who shall be also President o. SAID CONS
pany. Ia Gaze of the alb en'e. direct interest III a
;rs,o- or other !nabi iry OF tie President to art
the Board shall elect President pro tenn pore M
sha exercise all the powers AID fnlfi all the
duties of the Pr, SID. MT u-til the latter shall re-
sumo his functions or be replaced. A mfjoiItY ol
the NE III of the Board, counting the President
or Presi,i+n ,tu ;cnpore "a on shall constitute a
shall constitute d vail. ,orpnrat. act.
They shall have power to fl ! by election any "a
caucy that may occur IN their own number DE
tween fr ar elections; they snail elect all officers
define their Glitics. the salaries anu the amount
OF taer bonds. enact such bylaws, Regulations
ruies and ordinances they m = deem neces sary
for the good government and welfare and support
of the corpora ton, and ot its affairs and properly
aid NAV de- gate to The President, Or TO commit
tees of ;Aeir on BODY to officers agents Or at
torGeys IN of the state, such powers as they
may deeln .xlcd .ent and not l"cons'sert win th'
hI< ny
ployes or s. wants Of the c0nlan slial be .remoN
aoa at val ,ept the Presi, ent: faeh Boala q, o.
Directors SHAH Eo over until their SUCCESSORS alt
Gully elected sD!id organized.
ARTICLE *
20 s.ock0o.?s ~ this corporation shall ever I'
s-id liable Ttspol slble tor the contracts o.
faults Of 'mrauy III airy further sam than tAs
surad balao size 10 the company or the shar.
Sheus,n!z 9!oH h,tss the effect of rendering thiS
charter nu.o or of exposing stHckh"lc.f 30 any
Stability beS end tbs amount ! hs stocke
ARTICLE X
This ccrsooaoior shall go INTO operation tmmeni
atel' aad ti.s charter shall edu-e and Goa, i!u'
for tlr tern of twenty five years from ms IA
but said cha''eS may be amended, nlodiie, OF Us
solved by Sise consent OF tie holders OF oniee
COURT % che stock represented at genera meet
Gag coslves :og shas purpose euch m. e5ln ma.
st Ca.sS sv ."ic oi hSe St:inbeis OF sHts oo'I
OF lsIsstos ~ az Sn's isIess ?s Hsi1lS 81 s!oe !"
holders saa 80 ane.fys. %: the :iGnlber os s'aSe
Issued s.i "is' .'sndins. Thirty days previous no
pers ss6! she; il ;is eitS. ssaI he given 90 sIicl
injecting ai .nr general oil CT s!eftois "!is'h'.
20 awcS,6 90 Sosssossss sisa.S be s'aseG Gle sss'
SOtce.
The eoses %: 'As. seeHho'crs 90: Or sa'nss s'i'
Sioi t"i. :" ;c,d or dis solvS aa.! be f.s olu
81 writing a:.I :as lists ?r according such votes
shall ie s.ti in q. Ieast tel: days after IN: CA
appointed: .hs general nee!ic.. Should three
iouri ss u. an cuHt "i 3hc whole huloes OF siize
o. Vote 10. ;:usotd measure lis :.s;s ::ia s.s
Gisety &e s.ssesi
ARTICLE 81.
he !iIefaf ei. of She affairs Of tf,e corporal .'
%hethe: dissolved by IimitatOn or bT Il vote 81 %
stockhc!ier'. shall be made by three cominlssoH
ers elected tie, stock holders from among tAei
own memrel.. II tie liquidation takes pace D,
s!mtadoH OF She charter said commissioners shai
De elected or .ne dav fixed for the last election
directors a.d i! il takes place il cOns.q ehce OF
vote of shs stockholders then they shall be e.ecle
st meeting called within five days after 'hs cos
ing OF the vote and after due publication OF Iri
gays nc;i"e il. at least two daily newspapers pun
sished In New Orleans.
beiCec EJECT on the compensation OF sald COM
sassleners shall be fixed aud the terms and liou
OF LquIGatp;s slial! be determined al the mcetih
al which they ale elected by majority OF tI
STOCK HrescHt or represented. The genera NEE
iJS may authorize the commissioners 10 sen ~
PROPERTY anc franchises of the company Ii oItck.
~ MS Co:e and passed in my office, at we sa'
ivy OF New OH. ans, in the presence OF Martin l.
A.nsWo!fL auG Theodore Hermann kock "itntsSe
vi iaWtu age and domiciliated IN TINS Guy, +" 4.
.niereunto sign their names together VIII the pal
,h es ana me, Tie said notary, on this Skin uaJ