The New Orleans daily Democrat., 1877-08-07
CHARTER.
STATE OF LOUISIANA,
CITY OF NEW ORLEANS
REIT KNOWN. THAToNT THIS TENTHnAY

| In and for the parish of Orleans, personally
who declared that they formed themselves into
| and constituted themselves q corporation in
a3e9rdanee .9 with the laws OF this State relative
Iot pubic improvement, under the following
charter OF INCORPORATION. to wit
9ha 2 r. ha
tae city OF New Orleans is chosen as the place
| 2. The purpose for which 1t Is established Ia
the building, constructing, maintaining and
operating railroads within the limits of the
city of New Orleans, for the transpor-
ton and all other articles oftreight or commerce.
| from one part Of the city to another: the ac-
9ulrin1gs and holding, by grants from the State
grantees ali franchises, rights, privileges and
be conferred, that may bo desirable or neces,
sary for that end j: and the nature of its busi-
ness will be the effecting of such transportation
dent and Vice President are designated, as the
officers n on whom citation may be served;
The Of ghad fGRa STICK oa Is zd ten
shares of one hundred dollars each, to be full
paid ut the time Of subscribing.
be vested in and exercised by. a board of di-
rectors to consist Of five stockholders. of whom
three shall constitute q quorum and who shall
their own number. They shall be elected by
ballot on the second Tuesday Of April of each
year. at he domieile of the, company, and each
stockholder shall be entitled to one vote for
each share of full paid stock he may hold pro-
yided. that 9 failure, from sny cause to elect
directors on the day fixed shall not dissolve the
corporation that the directors and other officers
shall hold over till their successors are duly
elected, The annual meeting Of the stockhold-
as the election of directors. Special meetings
of tho stockholders, shall be. held whenever
ordered by the President or called for by request
OF i've stockholders, after a ten-days' notice.
s. This corporation shall have and enjoy sue
| cession by their corporate name for the period
Of twenty five years. and at the termination OF
this charter, or at any time when the liquidation
OF the affairs Of the company shall have been
decided upon by majority OF the stock
said majority of stockholders shall elect three
OF their own number, who shall be styled liqui-
dating commissioners, and whose duty 1t shall
be to sell and dispose OF all the property
and assets OF the company, collect all debts due
TO the same, and. after payment Of the debts and
Liabilities 81 M TIE com eomPany divide the net PRO
their respective shares
8. The Following named persons shall eonsti,,
office until the second Tuesday, Of April. 1878,
and until their successors are duly cleo ed. to
VII a APoLPH :! "A ~ sGHREIBER z snAp Z H1GBY
ALEXANDER GORDON. Thes shall at their fr
first m,e3eti1g eel elect President and Vice Presi-
dent The President shall preside at all meet
rectors. and shall conduct the business of the
company generally under the supervision of
Lno DOhTu OIL ulreCtOrS, ana In case OF MS aD-
sence, or inability to serve his duties shall de-
voIve upon the Vice President. ! he President
shall have power to name all officers or en-
ployes Of the association. he shall sign all con-
tracts and other papers. Tne board OF d.
r,ectors shall have, power to fill oil vacancies
that may occur in their number. A majority Of
the board OF directors shall constitute quo
rum for the transaction of business, and any
DECISION OF such majority shall constitute q
valid corporate act.
In case OF a tie vote the President shall have
the casting vote. The board of directors shall
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 requisite for the interests of the
company and the transaction OF its business.
They are authorized and empowered, in the
name of this corporation, to contract and be
contracted with to sue and be, sued, to hold. re-
ceive, purchase mortgage and convey property,
real and personal, and all rights, franchises,
powers and privileges fer building, maintaining
and operating a railroad or railroads for trans
portation of freight through the streets of New
Orleans. whether the same be conferred by the
State of Louisiana or the city of New Orleans.
tons or Individuals and they are specially au-
thorized 10 borrow money for the purchase Of
such real estate. personal property and fran.
chises as may be requisite for the purposes of
this corporation and for the construction and
equipment of their raj road, and secure the
punctual repayment Of the same by hypotheca-
ton and mortgage of any or all the property
tracks, railroads built, or to be constructed and
franchises.
'. NO SDHil ever DC mace lltlUle 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 informality
in organizing have the effect OF rendering this
charter null or OF exposing any stockholder to
any liability beyond the amount Of his stock.
general meeting to be convened for that pur-
pose shall have fu | power to make any modif-
cations. additions. or changes in this act of in,
three-fourths Of the tockholders in amount Of
stock. represented at such meetings. Any such
notifications, additions, changes or dissolution
Thus done and passed at the said city Of New
Orleans. On the day and year first above written,
n the presence Of Messrs; Oscar J. Forstal and
Alcee Fortier, witnesses OF lawful age and dom
iciliattd In this city, who hereunto sign their
names. together with the said appearers and
me, the said notary, after the reading hereof
Three words interiined
ADOLPHE SCHREIBER,
4; HlEEfha / hEaBz: i: OSBORN.
JAMES Rsr EMoTT pT9; " Alex. Gordon.
srU4VEBgHNr RfE gHsSi " fisas AlfE, Gordon
=, Per d pro ". Alex. Gordon.
2A-nf1 ". Alex. <. d6AfAs G6hDoN,
OSCAR j. FoRsTALL
ALCEE FOkTIER.
A. ABAT. Notary Publici
], the undersigned Recorder OF Mortgages In
and for. the parish Of Orleans. Sta'e of Louisi-
ana, do hereby certify that the within and fore
going Is a true and correct copy Of the original
act of incorporation this day duly recorded in |
my office according to law, In book I52 folio |
l42.
New Orleans, July 10, 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 |
his tenth day OF July, A. D. 1877.
Iy11 At law A. ABAT. Notary Public. |
FITS, EPILEPSY.
FALLING SICKNESS,
CURED-NO HUMBUG-BY