True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-28

NTATE OF LOUIsIANA.-Cityo Of Now Or.
y ivnns.-Be it known that tins day before nto,
Joseph Benzakin Marks, notary public, in and \
for the city and parish Of Now Orleans, State Of
Louisian, aforesaid duiy commissioned and sw0rn, |
Personally came and appeared Mcssrs John STE. |
venson WaIton-John Hall and Archibald Brown
Bcin, Carpenters, transacting business under the
style and firm Of J Hall L. ABB Bein--Benjamin
Harrol and John Hughes, Carpenters, transacting
business under tho style and firm Of llarrod &
Hughcs-John Thomas Osborne, Mark Thumns,
Freeman Annable, Joseph Wilder Davis, Samuel
Morrison, and Daniel Bubcock Clarke, all residents
Of this csty, who declared,
That in conformity with All act of the Lcgisla.
ture Of this State, approved on tie thirteenth of
March, eighteen hundred and thirty .soven, eutitled
"An act 10 authorize limited anonym nous part
nerships, and 10 regulate the samc,' ey, the said
appoarers, have agreed, and do by these presents
agree to cnter the following limited or anonymous
partnership, undor the clause and conditions fol.
lowing to wit:
Art. l. That tho name, and style, under whic;,
said partnership to be conducted shall be, The
Phoenix Tow Boat Company" and that tho place
here said company is to DO located shall be in tho
city Of New Orleans.
Art. g. That tho description or kind of business
or industry, TO hc carried on under said style, by
the dir, ctors shall be TO establish and continue 10
run one or more tow boats for thu towing of ves.
scls rendering assistance, corrying freight and pas
| sengers, and any other business which may bo
| lawful for tow boats TO perform.
Art. 3. That tho amount Of the capital of said
company, shall 90 ono hundred thousand dollars
each, and payable in cash.
Art 4. That tho names of tic partners, and
the amount each partner has contributed is as fol-
| lows:
SAID John Stephenson Walton, eighteen hundred
and thirty five sl,aros said Hall and A B Bein,
sixty shares; said lIarrod Il Hughes forty one
shares; said John Thomas Osborne thtccn shnrce;
said Mark Thomas, ton s!arcs said Freeman An.
nabe, ton shares; said John Wilder Davis, ten
shares; said Samuel Morrison, ten shares; and
Daniel Babcock Clarke, ten shares.
Art. S. That this partnership shall commence
from the date her Of, and the same shall terminate
its operations and wind up its concerns on III,
thir,eenlh Of June, eighteen hundred and forty
three.
: Art. 6. That there shall BIO three directors Il
transact tho business of said company. and admin
ster its concerns.
Art. 7. That the powers with which said director
0 shall he vested, shall be TO elect fiom amongs
Il cmselves, til ir own president, and fill n vacan
cics, and majority Of whom shall have and ar
hereby invested with full power to receive and pa
all monies, and to do and cause to bo done all tina
! is requisite to the conducting Of the business o
b said company-and the president by and with IL
It consent of minority os tho directors is empowe
" cd to issue tho note notes Of said company, Y
all demands, purchases or contracts on behalf
said company, counttrsgncd by at least one Of tn
X directors.
= Art. 8. That tho time Of duration Of tho scrvic
of said directors shall TO for year and that a
election for the shall be held the first MOI
:. day Of July, of each and every yoar during the c.
istence Of this partnership.
NJ Art. 9. That when said company shall have a
rived at the period when il isto expire, all the cor
Germs and affairs OF the same, shall DO wound ,
and liqudated by such directors may be in Off
. at tho time
. Art. 10. That the powers to DO EXERCISED by Il
Directors intrfstcd with said liquidation, shall be
follows, to wit TO receive su h sum or sums,
en- may be due to the company and give ncqui,tan
or acqui,tances therefor, and TO sell the proper
of said company, either at private sale or pub
auction, on such ter and conditions as to the
es may see fit and advisable, and 10 pay the debt
u said company.
a Art. Ii. That the dividends of the clear prof
after paying AL charges and expenditures of |
,r. company, shall be declared and paid To the stot
v holders, on tho first Monday in July of each a
a every year during the existence of this partncrsl
es first reservng ten per cent OF the profits tor CT
e tingencies.
Art ~. That at a general meeting of the stoe
A. holders, all rules and regulations regards
de number of notes each stockholders slall give II
any other matter relative to the welfare OF the CO
pany, not contrary to the foregoing compact, s
be entered into, and the rules and regulations ao
es, said, shall be dcnoninated tho "By Laws Of
o. Phoenix Tow Boat Company" and they shall
pihdihe VII Viz a"'a os"e"h''"''' "'" lava ~, Z
a. tive heirs.
Done and passed. in my olic", in the city Of
'as Orleans, aforesaid in presence of Daniel Rlcn
'er and w llu.sard, witnesses ef lawful aye and do
- ciliu,ed in this city, who hcrcunto sign l'cir nan
"' together with such appoarers aud me, the +
notary, this Isl day Of Apr !, 1889.
:. Original signed John Walton Joseph
!, Davis, B Harold d b Clarke, Morrison +.
,Ir. nabIc, A Is Bcin, John Hughes, John II Osbt
,ch Mark Thomas, John Hall, wv llassard, ID
ale cardn, J B Marks, not. pub.
certify the foregoing to be n true copy of
o original act extant in my current register; in II
s"' whereof, grant these presents under my sly
= ture and seal of office, at New Orlcans this %
sSe April, 1899. JOS. B. MARKS, not. pull
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