The New Orleans bulletin., 1876-02-17
CHARTER.

CONVENIENCE TO tno puDuC 1A.A nos " u.A1.ooes-
ssrilv impaired or injured, and the said company
shali not be required to construct draw IN any
hridoe over and across any stream or Dayou,
eYcant streams navigable by enrolled and u
censed vessels, and when required BY Law.
Seventh-To obtain, by gran! cr 1snese' th;S ~.
any rights, privileges or franchises that any o.
said parishes, cities or villages may choose -
| grant in reference to the constructlon, mamie.
nance management and use the raiiroads Q!
it's business, within the limits of such or any OF
| said parishes, cities and villages.
| Eighth-To appropriate property accorome %
existing laws.
Ninth-To cross, intercept, Join ana unite IL,
railways, and prorate with any other rallroeo
her etofore or hereafter constructed in the SteSe
of Louisiana, or any other State, at any point
upon it's route and upon the ground OF ouch
other railroad, with the necessary tlrn-outs,
sidings, switches and other conveyances. IN
| furtherance OF the objects of it's connections.
Tenth-To purchase or lease from any railroad
com pany or corporation, at any authorized sale,
apy railroad, and the charter, franchises, prop.
erty and appurtenances thereof, and maintain
and use the same as . part Of the property OF
this company.
Eevepih-To borrow money or to purchase or
lease property its own credit, for the purpose
of constructing and maintaining said railroads or
establishing continuous and connecting lines az
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 bonds or promissory notes, bea ing
interest at such rate per annrm as the directory
may elect, and made payable in gold or the law
full money of the United States at such times and
I places as may be deemed most to the advantage
Of the corpora ions, and for securing the pay
ment of eaid bonds or notes, to mortgage ana
pledge its 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 DIRECTORS.
SEQ. 1. The corporate powers of this Compa-
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 (10) 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
Company, another Vice Precedent, and another
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 az they shall see fit touching the govern
ment of said Company, the transfer Of its stock,
the election of its officers, the management and
disposition of its business, property and effects,
the powers and conduct Of its officers and agents,
anu all other matters which shall in any way per-
tain to the concern of the Company.
Sec 2. All election for directors shall be by
ballot and every stakeholder shall be entitled
to one vote in person or by proxy for each share
of stooa held by him for ninety days prior to
such election.
SEC. 8. 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
interest at any regular meeting, provided the num-
ber shall not be less than seven nor more than
fifteen.
ARTICLE
STOCKHOLDERS MEETINGS.
Sec. !. Stockholders meetings may be called
at any time by the Bosrd of Directors, and on the
requisitlon. OF the holders OF one-ffth. OF tho
capital stock issued it shall be their duty to call
such meetings for the purpose OF amending this
Charter and consideration of and action upon all
other business Of the company, and all questions
arising at such meetings shall be determined by
a majority OF the stock there present and voting.
SEC. 2. The annual meeting of the stockholders
for the election Of directors and transaction Of
the regular business shall be held on the second
Wednesday in January of each year.
ARTICLE vi.
LIQUIDATION.
This corporation may be dissolved at general
meeting convened for that purpose with the as
sent of three-fourths of the stock of the COM
pany and two thirds Of the stock represented at
such meeting, and in case OF such dissolution
the liquidation shall be conducted by three com.
elected by ballot at such meeting. At
the termination of this Charter, the iouidation
shall be conducted by a similar board of three
to be in the same way elected at
/. general meeting of stockholders convened for
the purpose.
Thus done and passed, at my Office. in the
presence of Andrew J. Armstrong and John W.
Hunter, lawful Witnesses residing in this city.
Who have hereunto signed their names as such,
together with the said appearers and me, said
notary, on the day, month and year herein firrt
written, after reading the whole.
(Originsl Signed) G. w. X. BAYLEY.
ia. GIRDNER,
GEO. JONAS,
JULIUS WEIH
HU. KENNEDY,
DAVID WALLACE,
i. B. WHEELOCK,
JOHN n 4. KEaNARD,
CYRUS BUSsEY,
JOHN paREfs. }R{fi { a.''
W.B. SCHMIDT,
SAM'L II. KENNEDY,
A. J. ARMSTRONG.
JOHNW. HUNTER,
J. 6. EtTSTIS. Notary Public.
l, the undersigned Deputy Recorder Of Mort
:ages in and for the parish Of Orleans, CITY OF
sew Orleans. do hereby certify. that. the above
orleans Pacific Railway Company" was this day
uly recorded in my Office, according to law, in
ook 11s. folios 626, 627, 62S, 62s, ESQ, 6sl and
New Orleans, June 20, 1875.
Original signed.) G. DARCANTEL,
Deputy Recorder.
certify the above and foregoicg to be true
nd correct copy OF the original charter and GER
lfcate Of recordation thereof, now extant in my
urrent register
In faith, whereof grant these presents under
~ hand and the impress Of my official seal, this
d day of July, A. D. 1875.
jy6 As Carondelet street.
Mrs. II. 4. Elliott,
ARTIST