New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-16

fOreigU country. ss the directors of tina sa;yy
company may elect; and to secure the nv ,a
Inent OF said bonds or notes may mortea,. =.
it's railroads, it's capital stock, it's corne.as e
) franchises, and any Of its real or persorss
property or any part Or portion of be sama
and 1t may, by its president. or otbs,
J otacers and agents duly authorized bv Il.
directors, sell, dispose OF or negotiata sucS
bonds and notes, or may sell dispose of ~.
negotiate its capital stock or any of its mo-,
sonal property at such times and place.
| and at such rates aud for such pr,ces s;ths1
within or without the limits of the Stata ~
Louisiana. as in the Judgment Of the cam
paDy Will best advance it's interests; and u
such bonds, notes or stock are thus sold A.
discount. such sale shall be in all resnssts
valid and binding upon this COMPANY. ana
such stock, bonds or notes shall be as vail
Tor the par value thereof as If the same hsd
been sold at par value. The bonds of tha
company, or any part thereof. may be mads
convertible into the capital stock of ths
company, and may provide that the owners
thereof may vote at stock holders neetioys
under such regulations rs shall be desiy.
mated in such bonds; and it shall be laxGs,
1"r the SAID company 10 employ all such sur.
plus capital as niay belong or accrue to said
company. in the purchase OF public or othe,
! stock, or III any other mOneytd transaction,
not inconsistent with the constitution and
laws OF this State. or of the Quilted Stafes
for the sole benefit of said COMPANY.
| SEC "a Belt further enacted, etc, That
| the said com pany can be sued in this Stata
| only In the district courts of The parisbesi.
! winch It's railroad Ia constructed, subject tn
| the appellate Jurisdiction of the Sunrema
Court, and in such manner and form oDlv
az corporations of this State can be syed.
ana service of process in any action against
the said company can be made ONLY bv
service OF the same upon either the presi
dtnt, secretary, treasurer. or any OF tbe
directors of said company, or upon an a gen.
or agents OF the company resident in this
State and designated by the direetors ~
this company to receive such service.
SEC. 10. Be it further enacted. eta. Thou
II any person or persons will or shall! win
July do or cause to be done any act or acr,
whatever, whereby any buildings, con.
struction or work of said company, or an,
engine, machine or structure, or any matte,
or thing appertalning to the same shall be
stopped, obstructed, Impaired, weakened
injured or destroyed, the person SO Offending
shall be deemed guilty of q misdemeauor,
and shall forfeit and pay to the said com.
pany double the amount of damages sus
tanned By reason of such offenses or injury
to be recorded in the name Of said com
pany, with costs of suit by action of debt
ana such offender shall also be subject to
indictment, and shall be, on couyictiom
sentenced to Imprisonment at the discretion
Of the court, for period not exceeding
eighteen mouths.
Sec. It, Be it further enacted, etc. That
the said company, its officers or employees.
sLaN not IN any case be liable for any debts
contracted or liabilities incurred by apv
person Or persons who shall contract with
II TO construct any portion of it's road. its
buildings or appurtenances. or it's rolling
stock, or to furnish any materials or Labor
to te used for such construction, or for its
mas0tenance and operation. nor shall sai1
company. Its officers or employees in apv
case De liable for any injury to person or
property, or loss OF life, which shall bs
caused by any act or omission of any person
or persons SO contracting with it, or of any
OF Ills or their employees or agents. Blu, the
SAID company may. at its option, at all
times when moneys shall become due 10
any contractor or Contractors for the CON
of any portion of its railroad, or az
any permanent structure or structures
upon the line thereof or connected
herewith, retain out OF such none ys a suf L
hclent amount to pay in full any cum or
Sums then due to any employee or any Of the
employees whom it shall elect to paw. OF l
such contractor or contractors, for labor
upon such work or to any person
Dr. persons for materials furnished to any
such contractor or contractors to be used /
% the performance of his or their contract O,
and may pay the same to such enl
ooye or employees, person or persous. and
" hen 80 Ii AIDE, such pay ment shall he a LEGAL
discharge to tho amount the reUf of the in
iebtednessf OF said company to such con.
'ractor or contractors; provided, however. f.
hat such payment shall be made within
ninety days after such money shah
become due from said company, and Il
lot so made. such contractor or contractors
hail then and from thenceforth be entitled
o the same. No assignment, mortpage or
'tner act OF any such contractor or con-
FACTORS, made or done, either before or
ttter such moneys shall go have become dne
o HIN or them. shall be of any validity to
Interfere with or prevent the retaining and
'ay ment OF any such sum or sums Of
money: or deprive such payment OF the
esai erect herelnabove declared And no
attachment. execution, trustee process. par
isnmehs' injunction, order, notice or legal
proceeding made, obtained, issued or taken u
pehal OF any party or parties whomsO 4
yer shall create o lien upon, or bind, q,
inder, or stay the payment of any MONEYS
'ue or TO become due from the said com.
any " any person or persons, corporation
corporations whOmsOever or Whatsoever. I
Or any services rendered, labor performed
materials Or supplies furnished for the
ons'ruSuony maintenance or operation Of
he railroad of said COMPANY. or for
oiilng stock sold and delivered bargained
nd sold or agreed to be constructed
hd delivered. land damages assessed,
alance or balances due to any connectinc
abroad or transportation line Tor freight or
assa2e moneys received, or full or pah
eriormance OF any job or contract for The
ohHtructlon OF the railroad of said com.
any or any part thereof, or any structure
structures. or fencing upon the line
lefeoi' out all payments on any such &C
ouus VI accounts may be made by said
ompany, at Its option, free from any legal
Distraction or hindraDce, directly TO The
arty or parties with whom said company
laIi have had dealings out of which such
ay ueDts shall have become due.
SEC. IL. Be 1t further enacted, etc. That
ny careless handling and unnecessary
rowing Oh trunks or baggage belonging
passengers by any employees of said com.
any ~nereoy any damage is done, shall
paid for by said company, and the EN-.
Dyes thus offending shall he liable TO
.in n prosecution, and On conviction
'aI suHer line and Imprisonment, at the
secretion Of the court
oEC. 10. BE 1t further enacted, etc. That
10 sai0 company, Its officers or employs
iaIi not incur any liability for the loss or
'iehtion OF, or injury to baggage or freight
ZOE injury 10 the person, or loss of lite,
'eurring upon any railroad or other line Of
ansportation not owned or occupied and
'erated by said company. BIZ the sale Of
rough tickets for passage or by the civ.
< Oh through freight receipts for property
Do transported over the whole or anJ
y. Vi lts own railroad and any connecting
ii.oao or railroads. or line or lines of trah-
not owned or occupied and oper
ga ~ ~ unless 1t shall be 80 expressly
reed IN writing by the said COMPANY,
rough Its agents expressly authorized BY
e directors OF sad culnJenv Wv max. aoah l