The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-07-26

STATE or LOUISIANA.
ChrY OF NEW ORLEANS

notary pubic duly commissioned and sworn,
In and forthe parsG t 3. oaleans personay
who deelarI that they formed themselves into
and constituted themselves 2 corporation, in
to the organization OF corporations for works
Of public Improvement, under the following
charter Of Incorporation to wit
be COM M#IiGfxL Transit COMPANY and
the city OF aew Orleans is chosen rs the place
| q. The purpose for which It is established Is
| the bulldog, constructing maintaining and
operating railroads within the limits Of tho
tatlon Of gods. wares merchandise, grain, cot
| ton and aHother articles offreight or com tneres
from one art Of the city to, another; the ac-
CURING anl holding. by graqts from the State
| LegislatuB, or the municipal authorities, or by
purchase, lease contract, or otherwise. from
grantees Al franchises, rights, privileges and
| be conferred, that may be desirable OF neces-
sary fqt nat end: and the nature OF Its bust
| ness vii pc the effecting OF such transpor.hion
| by steam I,9wer. or otherwise; and tue Presi-
| dent and Vice President are designated, as tho
| officers o whom citation may By served;
thousand dollars. divided into one htndred
shares Of one hundred dollars each, to be full
paid at tie time Of subscribing.
A. The corporate powers OF the company shall
be- vestet in. and exercised by, board of di--
| rectors = consist Of five stockhold rig, of whom
three shat constitute u quorum, and. who shall
designat. a president. and vice president out Of
their own number. They shali be- elected by
ballot on the second Tuesday OF April OF each
year. at l1s donicile of the company. and each
euch shae of full paid stock he may hold pro-
yided. tIat q, future. from any cause to elect
corporation that the directors and other officers
shall ldd over till their successors are duly
elected; The annual meeting Of the stoekhqld-
ers sha take place at the same time ana place
rs the bleeti0n OF directors Special meetings
of thesteekholders shall be- held whenever
ordere1by the President or called for by request
81 nnzHn
&. This corporation shall have and enjoy sue
cessionby their corporate name for the period
this cha ter, or ut any time when the liquidation
Of the Affairs Of tho company shall have been
desldel upon BY q n"lority OF the stock
holders in number nnd amount Of stock the
said minority of Stockholders shall elect three
Of thei. own number who shall be styled liqui,,
be to Ell and dispose Of iii tho '' PROPERTY 9
and ASSETS of the company. collect oil debts due
70 the anne, and. after payment Of the debts and
eeeds unong the stockholders la proportion to
their respective shares.
,, 6 T u fee9ying named persons shall g9psi;
office until the second Tuesday. Of April, 1878,
ana and ua th e sf Ere duly elf9ea
yAMESC. CLARKE. 9. j. GoNRAD, wfLLiAM
ALExANDER GORDON. They shall. Of their
first meeting elect . President and Vice Presi-
ings ofthe company and Of The board OF d.
rectors.and shalt conduct the business of the
company generally under ths E, SUPERVISION Of
sence, Or inability to serve, his duties shall de-
vplyye fpon the Vice President. che President
ployesof The Association he shall sign oil con-
tracts and other papers. The board of di~
rectors shall have, power to fiji oil vacancies
the bmrd Of directors shall constitute O quo
rum for the transaction OF business. and any
deGisi z OF such majority shall constitute
In ease OF q tie vote the President shal have
the casing vote. The board Of directors shall
persons employed in he service Of the. company.
They are hereby empowed to make. frame and
adopt such bylaws; rules and regulations as
company and the transaction Of Its business.
They 8e authorized and empowered in, the
= wi e ana be ed to en- %
ceiye. purchase, mortgage and convey property,
real aid personal, and gil rights. franchises,
powers and privileges for building. maintaining
and operating railroad or railroads for trans
portation Of freight through. the streets Of New
Orleats, whether the same be conferred BY the
State If Louisiana or the city of New Orleans.
and whether the same bg conferred on corpora
tions pr individuals. and they are specially an.
gtsow or he p ana Of
chises as may be requisite for the purposes Of
this corporation and for the construction apd
equipment Of their. raj road aDd secure the
nnndual repayment Of the same by hypotheca-
ti0n and mortgage Of my Ut iii tire Dr6ptftt55 =
trucks. railroads built. Or to be constructed. and
7No stockholder shall ever be made liable or
responsible for the. contracts o.. faults of this
association In any further sum than the unpaid
balances due 10 the, company on the shares
owned by him; nor shall any mere informally
in organizing have the effect OF rendering this
charter null or OF exposing any st9ckholder to-
any liability beyond the amount Of his stock.
). The stockholders of this company, ut q
general meeting to be convened for that pur-
pbse, shall have full power to make any modifi-
cations additions, or changes In this act OF In
corporation. or to dissolve it with the assent Of
stock represented at such meetings. Any such
notifications, additions, changes or dissolution
shall be recorded, as required by law.
Orleans. on the day and year first above written,
in the presence Of Messrs: Oscar ). Forstsll and
F9ef ty 6 % age fna f 6a
names. together with the said appearers and
me. the said notary. after the reading hereof.
Three words interned.
''''" ADOLpHE sCHREIBER.
Per pro r., Ernest L. Forstall.
W u /. hiSh i. OSBORN,
1Auf lsr TgM 5e, " Alex Gordon
sru4 ffE I'm VI FIJI hIfE' Gordon
:, Per pro. W. Alex. Gordon.
2 u. Alex < GORDON GORDON.
" osCAK j. FoRsTALL.
ALCEE FOkTIER.
A. ABAT. Notary PubIic.i
T., the undersigned Recorder Of Mortgages in
and for the parish OF Orleans, State Of Lonisi-
ana, do hereby certi that the within and fore
going is true and correct copy Of the original
net Of incorporation this day duly recorded in
my office according TO law, in book 152. folio
142.
New Orleans, July ~, 1877. -
J. G. RICHARDSON,
Deputy Recorder.
] do hereby certify the fore going to 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. b. 1877.
jy11 At law A. ABAT, Notary Public.
OFFICE ST. BERNARD COAL COMPANY. !
% Carondelet street. New Orleans. j.
)N0AT