New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-04-02

pection and exclusive control of said
corporation, and any person or persons who
shall 30 obstruet or impede the prosecution
or completion of said works, or in any man
ner whatever damage or injure the levees,
dams, locks, or other improvements of said
company, shall forfeit and pay to said com.
pany five times the amount of the costs OF
the damage sustained by means of OF
through such acts of impediment, obstruc-
ton or injury, to be recovered before any
courts Of competent jurisdiction, as other
debts of equal amount. in the name OF said
company.
SEC. 5. Be it further enacted, etc.. That
as soon as the company shall have removed
the distractions in said bayOus, and made
them navigable, as authorized in the second
section Of this act they shall be and are
hereby exclusively authorized and empow-
cred to place in said bayous such boats and
other water crafts as they may deem proper
or necessary, and shall have the sole and
exclusive right to navigate the same, and
to charge and collect freights transported
on said bayOus, which tolls or freights shall
not exceed thirty cents per hundred pounds
upon produce, and merchandise of any kind
thus conveyed or transported by said Nav
igatiOn Company.
SEC. 6. Be it further enacted. ETC.. That
said company may at their discretion per
init any person or persons to navigate said
bayOus, and shall have the right to charge,
and by law collect tonnage for each trip, on
such vessels or other water crafts as they
may see proper to permit to enter or navi-
gate said bayOus, provided said tonnage
shall not exceed two dollars and fifty cents
per ton of said vessels or water crafts as
ascertained by the inspectors certificates.
SEC. 7. Be it further enacted, etc, That
tho domicile OF said company shall be in
the CITY of New Orleans.
Sec. 8. Be it further enacted, ETC., That
said company shall have power to elect such
officers annually, and to adopt such rules
and regulations not inconsistent with the
provisions of this act and the general laws
Of this State as they may consider neces-
sary to the turtherance and accomplishment
of the objects of the company.
SEC 9. Be it further enacted, etc., That
the capital stock of this company shall be
increased whenever it may become neces-
sary to do SO in the same manner and forms
as the first capital is subscribed and taken.
SEC. 10. Be it further enacted, etc., That
a majority in amount of stock taken in said
shall be annually elect president,
vice president, secretary and treasurer of
directors of said company, who shall hold
their otnces for two years from the date of
their election.
Sec H. Be it further enacted, etc., That
the capital stock of this company shall be
exempt from either State or parish taxes
and licenses.
SEC. H. Be it further enacted, ETC., That
all laws or parts Of laws inconsistent with
The provisions of this act be and the same
are hereby repealed, and that this act take
effect from and after it's passage.
lSigned) CHARLES w. LOWELL,
Speaker of the House of Representatives.
(Signed) G. c. ANTOINE,
Lieutenant Governor and President Of the
Senate.
A true copy:
p. G. DEsLONnE,
Secretary OF State.