The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-11

| sariy impaired or injured, and the SAID company
shall not be required to construct draw in any
bridge over and across any stream or bayou,
.. except streams navigabe by enrolled and BE-
censed vessels, and when required by law.
Seventh-To obtain. by grant or otherwise,
from any parish, city or village within this State
any rights, privileges or franchises that any OF
said parishes, cities or villages, may choose TO-
grant in reference to the construction, mainte-
nance management and use 1.-THE railroads OF
said company, jig depots, cars, locomotives and
its business, within the limits OF such or any OF
said parishes, cities and villagee.
Eiehth--To appropriate property according TO-
existing laws.
Ninth-To cross, intercept, join and unite it's
railways, and prorate with any other railroad
heretofore or hereafter constructed in the State
Of Louisiana, or any other State, at any point
upon its route and upon the ground OF such
other railroad, with the necessary tnrn-outs,.
sidings, switches and other conveyances, in.
furtherance OF the objects of its connections.
Tenth-To purchase or lease from any railroad
company or corporation, at any authorized SALE.
any railroad. and the charter, franchises, prop
erty and appurtenances thereof, and maintain,
and use the same as . part of the property Of
| this COMPANY.
Eleventh-To borrow money or to purchase or
lease property on its own credit, for the purpose.
of constructing and maintaining said railroads or
establishing continuous and connecting lines as
hereinbefore provided; and as evidence of the in
debtedness OF said company for such loans, or
the purchase or lease OF such property, to issue
It's Corporate DOl0S or pTOmlS5Ofy notes, De8 ing
interest at such rate per annum as the directory
may elect, and made payable in gold or the law
full money of the United States at such times and.
places as may be deemed most to the advantage
Of the corporations. and for securing the pay
ment Of said bonds or notes, to mortgage and
pledge it's railroads, it's capital stock, it's corpor
ate franchises and any of it's real or PERSONAL
property, or any portion OF the same.
ARTICLE ".
BOARD OF DIRECTIONS.
SEC. 1. Tho corporate powers Of this Comps-
ny shall be vested in Board of Directors COM
posed of fifteen stockholders to be elected in.
accordance with the bylaws Of the Company,
and such officers and agents as may from time to.
time be appointed by such board No person
shall be director who is not the actual owner Of
at least ten QO) shares of the capital stock of
said Company. Directors shall be elected an
nually, and continue in Office until others are
elected to fill their place, and shall have power to-
fill vacancies in their number caused by death,
resignation or otherwise. The directors shall
elect one OF their number as President Of said
Treasurer, and shall have power to make and
prescribe such bylaws and rules and regulations,
and from time to time alter, amend ana revoke
the same ae they shall see fit touching the govern
ment OF said Company, the transfer of its stock,
the election of it's officers, the management and
disposition OF its business, property and effects.
the powers and conduct of it's officers and agents.,
ana all other matters which shall in any way per-
'a q" " ouo AZ a,na4; VI ' x O4 S
hoot snd aver stoctbo,dar sS f.an 10
to one vote in person or by proxy for each share
Of stock held by him for ninety days prior to-
Sec. g. Seven Of the directors shall constitute
. quorum for the transaction OF business, and
The number Of directors may be increased or
diminished by majority vote Of stockholders in.
hor sS"ii ~ b iass ILL., p.ovaueu tne nun
Sftaon "AA NV w Aoss 'lian sesen noF mo1e tnakf
a''een' Aprrcrpv
AAon1 v
STOCKHOLDERS MEETINGS.
SEC. 1. Stockholders meetings NAV be cslleia
It any time by the Board of Drectors and IN the,
.equisition of the holders of one-6fth Of the.
,apital stock issued it shall be their duty TO caE
,uch meetings for the purpose of amending this
Charter and consideration of and action noon an.
,ther business of the company and ali nnest;ons
rising at such meetings shall be determined bv
Sec e. The annual meeting of the stockhoidess
or the election of directors and transaction az
he regular business shall be held on the second
Wednesday in January of each wear.
.pr,c, n VT
LIQUIDATION.
This CORPORATION NAV be dissolved A. oenar.a
emf Of three. fonrths ~ tbe ICE wit H. .ne as
anv and two thirds of the stock renrasau.eS~t
nci meeting and IN cosa ~ 49,, aIpl S
he liquidation shall be conducted by three cor.
he ter;nat;on ~ tS;s Oa MTS as ~ SUCH meetng
hall he condncted t NV s;,,,;1a me LquoaLon
to be in the same wav elected al
general meeting of stockholdars c9nvansS rs
he purpose. - 'oANo'o'' oon'eneo ioa
Thus done and passed. At nav Office in tho.
ressnca ~ Ardra, A, ~ ny olnSoi ~ nc
Iunter. lawful witnesses res;d;ns =, +b;s a;t
no have hereunto signed their names =. s IT.
,eether with The saia .no ns S Is sncn
otary. on the dav. month and var r" hera;T SAL
ritten after reading the whole
Ia Ia GIRDNER.
E.B. WHEE1O0K