The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-16
CHARTER.
STATE OF LOUISIANA.

1
day of the month of June, in the year of on
Lord one thousand eight hundred and seventy
five, and OF the United States OF America tn
ninety-ninth.
lie, in and for this CITY, and parish OF Orleans
State Of Louisiana, duly commissioned and quail
| fed, and in the presence OF the witnesses here
matter named and undersigned:
Personally came and appeared, G. W. r. BAY
LEY, E. b. WHEELOCK, HUGH KENNEDY
BUSSEY, GEORGE JONAS, W. B. SCHMIDT
| JAMES A. GIRDNER, JULIUS WEIS, Z. l.
RANLETT and DAVID WALLACE, all resi-
dents of this city, who severally declared
That, availiog., themselves Of the powers
tutes Of the State of Louisiana, relative
to the Reorganization of Corporations" in
thi State, they do, by these presents, form
organize, constitute and found Corporation for
the objects and purposes as shall hereafter be
enumerated and set forth; and to that end they
do hereby covenant and agree to form and con-
stitute, and do, by these presents form and con-
stitute themselves, and all such other persons as
may hereafter become associated with them,
succession or otherwise, into a "Body Cor
porate," and hereunder bind Themselves and
all who may hereafter become associated with
them, to be governed by the following stpu-
lations, obligations and regulations articles of
the charter OF said Corporation.
ARTICLE l.
NAME.
The name and title of said corporation shall be
the NEW ORLEANS PACIFIC RAILWAY COM
PANY and by that name shall have succession,
and have corporate existence for and during the
full term and period of twenty-five (25) years
from the date of the execution OF these presents
unless sooner dissolved in the manner hereinafter
provided for; may sue and be sued, may hold
real and personal property, may make contracts,
may receive grants OF land or personal property,
and shall possess all the powers and privileges
which corporations are or may be by any general
law OF this State authorized to possess, and said
company may exercise its corporate powers within
any other State of the United States that shall
authorize the same.
ARTICLE III.
CAPITAL STOCK.
SEC. 1. The capital stock of this corporation is
hereby fixed at THREE MILLION DOLLARS
(s3, 900, OOO), represented by THIRTY THOU
SAND SHARES of ONE HUNDRED DOLLARS
(s100) EACH, with the right to increase said
capital stock to TWELVE MILLION DOLLARS,
provided that said corporation shall be organized
under the incorporators herein named, who
shall constitute the Board of Directors and shall
hold their office, together with the following
named gentlemen, who shall be the officers of
the Company until the second Wednesday in
President; HUGH KENNEDY, Vice President;
5. H. KENNEDY, Treasurer. When one hun
dred and fifty Thousand dollars (s150 0C0) of the
capital stock shall have been subscribed, the
Board OF Directors are authorized to commence
the construction OF the road, and to carry out the
provisions OF this charter; to enable them to do
this, subscriptions to the capital stock shall be
due and payable as herein provided for when
this amount has been subscribed.
Sec. 2 The time and manner OF payment for
stock shall be such as may be determined by the
Board of Directors, provided, however, that no
all shall be made OF more than ten per cent 40
laws n must eIsnse before smother call can ny
made. |
S;h, sr .h onutrents cd touits 30 th
IN frtou sr .ba, 10 " "a Ii.o oIo
'aty - any lui tb .a vne unpalo uaian ICE
-, :; 80 - III 49, 49, &c ~ r. ;'
;n,, haua tha affact Of annniino tb;s rbaSta ar
. ax,os;n w stooLholSar - nv i I h1;t1 ha,od
= q a,.o',, o. L;S a.oni aLsor;yt;o, ono
SEC 4 The domiciIa of The comnanI oh al, he
J. IL NJ N.lnans VI o rI sam po
n1 o,y ~ ~" ~ az la snan pe
hia tnere on une ~. W,oa al sne VI
s LIE ao' NJ ~ .I h,,s LII h b..
es e. $1,000 n sS
III ba ss,,od 70 abe snhscrers hut no " trans
a. ~ etnoI shoII no b;ndina ,,nn2 he Go,onany
,.I II - $50, az taaI- - - ~ tttS
sIpm ee , ai s F f,
tocL i'"'o '''ai- 10 -'sN oNeep' io' '''' pau
81 II +ho oooo of foi1rro o., tha ,,ort of onu
sorho - -. I,n .b n la 800 en
aonirad az Pnard IL n raotors sLaIi bsyo az |
mon afte, tbir v DAYS, written noIrn to the
a. .o' IN uay tI ~. w .i.e
-. AZ r'i' W w Ia
= n L ai ;oL4 - ,,n.a ah, =, 1879
81 an i r,,Ies raIo tUe -. The decIaroto 81
;nidnnds a. ~ d;vs;ans nf nrosts az well tha
.s s ~ thn rnnnau pbam a Nd hy t
oara 81 n;rectors hmt sid ruIes nd bDla sm
40 II no srb;ect 70 'reneoI cbanaa or r,oSifo.
on NV the boI5ers ~ ~ ior;tv of the stonL Of
70 Coym INC ot,the ~ n,aat;pa " OWN u
~ oop"A' "' ''ei
ARTICLE III.
o,,, ,ons
"hNhAAA fo"AA''
The said company Is empowered and author
ed: Ii
Flrst-To locate, construct, lease, own and use !
railroad with one or more tracks and suitable ,
rnouts, OF such guage and construction and
pom such course or route as may De deemed
7 majority OF the directors OF SAID company
ost expedlenf, beginning at point on the Mis-
sslppl River at New orleans, or between New
rleans and the parish OF Ibervlle, on the right
INK OF the MlssisslpPl, and patton rouge on the
It bank; or from New orleans or Berwcks
ny, via Nerm'lllonVile, IN the parish OF Lafay-
tie, and Opelousas, IN the parish OF st. Landry,
from any OF said points, or from any point
thin the limits OF this State and running thence
wards and to the city OF Shreveport. or the