The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-02
CHARTER.

The construction OF ZIG pdl0 AdhAooNos VIZ D"A~ |
comnany shall restore the same to its former
state or to such state that its usefnlness ana
con vianence to the public shall not be unneces-
sar;Iy impaired or injured, and the said company
ahali not be required to construct draw IN any |
hr;doe over and across any stream or bayou, |
eYcent streams navigable by enrolled and IL
censed vessels, and when required by law
Seventh-To obtain, by grant or otherwise, |
from any parish, city or village within TINS STATE:
anv rights, privileges or franchises that any OF
said parishes cities or villages, may choose to
Grant in reference to the construction. mamie,
nance. management and use OF the railroads OF
said company, j depots, cars, locomotives ana
its business, within the limits OF such or any OF
said parishes. cities and villages.
Eiihth-To appropriate property according 10
existing laws.
Ninth-To cross, intercept, join and unite Its
RAILWAYS. and prorate with any other railroao
heretofore or hereafter constructed IN the state
of Louisiana. or any other state, az any pua an
other railroad with the necessary turn-outs,
sidiues switches and other conveyances, I'D
furtherance OF the objects of its connections
Tenth-To purchase or lease from any railroad
company or corporation, at any autno!lzeu saio'
any railroad. and the charter. franchises, prop
erfy and appurtenances thereof, and MAINTAIN
and use the same as q part OF the property OF
this company.
Eleyepth-To borrow money or to purchase or
lease property on its own cfedlt, lor lne pun
establishing continuous aud connecting INES as
hereinbefore provided; and as evidence OF the IN
debtedness of said company for such loans, OF
the purchase or lease OF such property, 10 issue
it's corporate bonds or promlssory notes, pea lnS
interest at such rate per annum as the directory
NAV elect, and made payable III gold or the law
fnl money of the United States at such tunes anu
places as may be deemed most to the advantage
of the corpora ions, and for securing the pay
ment Of said bonds or notes, to mortgage and
pledge its railroads. its capital stock, its corpor
ate franchises and any of its real or personal
property, or any portion OF the same.
ARTICLE ".
BOARD OF DIRECTORS.
SEC. |. The corporate powers Of this Compa.
nv shall be vested In Board OF Directors COM
nosed of fifteen stockholders to be elected IN
accordance with the bylaws OF the Company,
and such officers and agents as may from time 10
time be appointed by such board. No person
shall he director who is not the actual owner OF
at least ten (10) shares OF the capital stock Oh
said Company. Directors shall be elected an
nually, and continue in office until others are
elected to fill their place, and shall have power 10
fiji vacancies in their number caused by death,
restoration or otherwise. The di' ectors shall
elect one of their number as President OF SAID
COMPANY. another Vice President, and another
Treasurer and shall have power to make ana
prescribe such bylaws and rules and regulations,
and from time to time alter, amend ano revoke
the same as they shall fit touching the govern
ment of said Company, the transfer OF lts stocK
the election of its officers, the management ana
disposition of its business, property ana eHects,
the powers and conduct of it's officers and agents,
ana all other matters which shall IN any way per-
tam to the concern of the Company
SEC g. ALI election for directors shall be by
ballot. and every stakeholder shall be emit led
to one vote in person or by proxy Tor each shai
of stock held by him for ninety days prior 10
such election.
SEC, q. Seven of the directors shall constitute
a quorum for the transaction OF business, ana
the number of directors may be increased OF
| diminished by majority vote or stocknolders Ill
interest at apy regular meeting, provided the mum
her shall not be less than seven nor more than
| fifteen.
STOCKHOLDERS MEETINGS.
SEC. I. Stockholders meetings may be called
| at any time bv the Board of Directors, and on the
reouisition of the holders OF one-hfth OF tht
capital stock issued it shall be their duty to Cal
| such meetings for the purpose OF amending THIS
other business of the company, and all questions
arising at such meetings shall be determined D.
| A majority Of the stock there present ana votln
| SEC O. The annual meeting OF the stockholder
for the election OF directors and tfahsactloil y
| the regular business shall be held on the secon'
Wednesday in January OF each year.
ARTICLE VI.
| LIQUIDATION.
| This cornoration NAV be dissolved at genera
meeting convened for that purpose with the az
sent of tbree-fourths of the stock OF the com
pany and two thirds Of the stock represented a
such meeting, and in case OF such dissolution
the liquidation shall be conducted by three com
missoners elected by ballot a such meet nS
fine termination of this Charter, the hquldatlo
shall he conducted by a similar board of tire
commissioners to be in the same way elected q
q General meeting of stockholders convened fo
Thus done and passed, at my office, in tn
presence of Andrew J. Armstrong and John
Hunter, lawful witnesses residing In this CITY
who have hereunto signed their names a. suci
together with the said appearers and me, sal
notary. on the day, month and year herein hrs
written, after reading the whole.
Original Signed) G. W. X. BAYLEI,
J.A. GIRDNER,
GEO. JONAS,
JULIUS WEIS,
HUI KENNEDY,
DAVID WALLACE,
F.B. WHEELOCK,
i. J.. RANLETT,
JOHN H. KENNARD,
CYRUS BUSsEY,
JOHN PHELPS E ?; = ''''
W. SCHMIDT,
SAMT, Fl. KENNEDY,
A. J. ARMSTRONG,
JOHN W. HUNTER,
| JG FUSTIS. Notary Public.
l. the undersigned Deputy Recorder oil Nor
, cages in and for the parish of Orleans, city
New Orleans, do hereby certify that the abo0
and foregoing act of incorporation OF the Ne
Orleans Pacific Railway Company was this df
duly recorded in my Office, according to law,
book 118. folios 626, 627, 623, 629, $50, 63l al
632. - corr
, New Orleans, June 20, 1875.
/ Original sgned) Z. DAhOAS1EI,
certify the above and foregoi g to be a trl
! and correct copy of the original charter and &c
tifcate of recordation thereof, now extant In
i current register.
= In faith. whereof, I grant these presents und
! nv hand and the impress of my official seal, tn
Sd day of July, A. D. 1879:
J. G. EUSTIS, Notary Public
;ve1m 80 Carondeiet street.
STATE OF LOUISIANA,
4 PARISH OF ORLEANS, CRY OF NEW ORLEANS,
BE IT KNOWN, that, on this Eighteenth d'
;. of the month of June, in the veal, OF our Lor
= one thousand eight hundred and seyenty-hV
% and of the Independence Of the United States
, America the ninety ninth,
Before me. JOHN G. EUST1S, a Notary Pu
y lie. in and for this City and Parish OF Orlea1
and M