The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-07-21
CHARTER.
STATE OF LOUISIANA,
s=--A-zs. ee4&
CITY OF NEW ORLEANS


REIT KNOWN. THAT ON THIS TENTH DAY
- OF July. 1877, before me-. Antoine Abat, j,
notary public, duly commissioned and sworn,
IN and for the parish of Orleans, personally
taine, and appeared tho subscribers hereto,
WHO declared that they formed themselves into
| and constituted them elves q. corporation. In
accordance with the laws OF this State. relative
20 the organization OF e0rpt raions for W " ks
q public improve ment. under the following
| charter OF incorporation. TO wit
DO COMM III TR2N s S G6 i and
ne Guy Oh NEW Orleans Is chosen rs the plaeo
o. The purpose for which 1t Ia established Ia
tue bnlldlng,, constructing. maintaining and
operating railroads within the limits OF tho
city Of hew Orleans, for tho transport
tation OF goods, wares, merchandise, grain. cot
ton and all other articles offreight or commerce
from one part Of the, city to another the ao-
a op bs by srsas boI The state
purchase. lease. contract, or otherwise, from
grantees. all franchises, rights, privileges and
DO conferred, that may be Desirable or nsees.
sary for that end !; and the nature Of Its bust
ness will be the effeeting OF such transpor alton
dent and Vice President are designated, rs tho
officers on whom citation may be- served.
The Of G gegta ssoek y xed ten
sha, es of ono hundred dollars each, to be full
paid at the time Of subscribing.
4. The corporate powers OF the company she,l
rectors, to consist Of five stockhold re-. Of whom
three shall constitute quorum. and who shall
designate president and vice president out o.
ballot on the second Tuesday OF April Of each
year, at The domieile OF the company. and each
each share of full paid stock he may hold; pro-
yided. that O. failure from any cause 70 elect
directors on the day fixed shall not dissolve tho
corporation thai the directors and other officers
shall hold over till their successors are duly
elected. The annual meeting Of the stockheld-
ers shall lake place " the same time and place
hn e1f af;r,fra
OF the Stockholders shall be held whenever
Of ily T, s;toekholderg after tsn.days, notice.
cessiun by their corporate name for tho period
q twenty five years, and at the termination OF
d the fs y the 9 shs haye bsen
decided upon by majoIity OIL the stock
holders In number and amount 3f stock, the
q their own number, who shall be styled liqui,
dating commissioners and whose duty II hall
be TO eel and dispose Of al the, properly
t9 tho same and. after payment 81 the debts and
liabilities OF the company. divide the net pro-
sseds among tue stockholders In proportion to
9. The following named persons shall consti-
tnte the fret board OF directors. and shall hold
oee Tqt the second Tuesday s # AYr
VII ApofPH NORTHUMBERLAND III. Ivy j. ri MI I'll Y
s4MES GAk oa6oN eGN as aba WI Y IAN
first meeting elect President and Vice Presi-
dent. The President shall preside, at all meet
ings Of the company conn and q The board Of a.
company generally under the SUPERVISION OF
the board OF directors: and in case OF his OBJ
ssss Or ss v e Sea hs d bs s do
shall haye, power TO name oil officers Or en-
reory sE P have nowes H epra 81 G
that may occur Ia their number. A majority OF
the board Of directors shall constitute 9 quo
decision OF such majority shall constitute o
valid corporate act.
In case Of a. tie vote the President shall have
fix the amount OF compensation. or salary. of all
persons employed In the service Of the company,
They are hereby empowed to make, frame and
adopt such bylaws, rules and regulations as
they may deem REQUISITES for the interests Of tho
company and the transaction OF It's business.
They are authorized and empowered, in, tho
name Of this corporation. to contract and be
eontrae ed with. to sue aud be sued. 10 bold, re-
ceiye. purchase, mortgages aud Qnvey property,
real and personal. and FL rights. franchises.
powers and priyilegesfo building. maintaining
and operating q railroad or railroads for trans
portation Of freight through The stiests Of New
Orleans. whether the anuie be- conferred by the
State Of Louisiana or the city Of New Orleans,
and whether the same By conferred on corpora
tons or individuals. and they are specially au-
Mch real estate. personal property and fran
chises as may be requisite for the purposes Of
this corporation and for the construction ard
equipment OF their rai road, and secure the
gunctual repayment Of the same by hypotheca-
ton and mortgage OF any or ell the property,
tracks railroads built, or to be constructed. and
Z. No stakeholder shall ever be made liable or
responsible for the contracts or faults Of this
association In any further sum than the unpaid
balances due to the company on the shares
owned by him ; nor shall any mere informally
in organizing have the effect OF rendering this
any liability beyond Che amount Of bis STOCK. 70
.. the stockholders OF this company, ct u
general meeting to be convened for that pur-
cations. additions. or changes In this act Of In
CORPORATION or to dissolve 1t with the assent OF
thres-fourths Of the stockholders in amount Of
notifications. additions, changes or dissolution
Thus done and passed at the said City OF rew
in the presence Of Messrs. Oscar j. Forstali and
A Al. F9rtier, witnesses Of lawful age and dom
1 a hs viz Wiz Th e ag ss a
Three words interlined. ~ '''''
ADoLpHE sCHRE1BER. :,
Per pro, Ernest l.. ForstalL
william s.. 4. d 9 osp n'sn ao,,,.,
JAMES hsf E RMa9 Y; Alex Gordon
sruT re gsS; VI f1 Ar Gordon
G. r. CONRAD,
JAMES G. CLARKE,
w. ALEX. GORDON,
Witnesses:
OSCAR J. FORSTALL
ALCEE FOkTIER.
A. ABAT, Notary Public.
J., the undersigned Recorder OF Mortgages n
ana for the parish OF Orleans, Sta OF louBI-
ana do hereby certi that the within and lore,
going is a true and correct copy, Of the OFFICIAL
act Of incorporation this day. duly ecorded in
my office according to law, In book 52, folio
142.
j. G. RICHARDSON.
Deputy Recorder.
do hereby certify the forf goingto be true
and faithful copy of the original act OF record
and on file in my Office
Witness my hand and SEAL at New Orleans
this tenth day of July, A. ID. 1877.
jy11 At law A. ABAT, Notary Public.