True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-14

""" oci", carpenters, tranSacting lulxiuGsS u
, ger the style and firm Of Hall T. A 3 Be,u-Br
Jamin Harrod L. John Hughes, Carpenters, tran
"c,'ng business under tho style and firm Of Hare
, x 'inghes-J"hn Thomas O<bnrnc, Mark Tl,oma
FREEMAN Annnb'o, Joseph Wilder wis. Sa:nu
, Morrison, and Danic Babcock Clarke, all rcsdcn
of this city, who drclared
That in conformity wifi an &C, of tho Lcgisl.
lure OF TINS State, approved the thirteenth ,
warren, eighteen hundred and thirty. seven enti,lc
" An Act TO authorize limited or unony.nou, par
"efsh'ps and TO regulate tho same" they the "a;
aPp'arcrs. have agreed, and do by these present
asrc" t" enter the following limited or anonymo,
partnership, under tho clause and conditions, fol
lowing, to wit.
Art, |. That tho name. and style, under which
sa: partnership is to DO conducted shall be- {. RI,
"oc"'3 "w Boat Company" an |! that the plac,
who're SAID company is 10 be ucato shall be in III,
city Of Now Orleans.
Art. y That tho description or kind Of business
"r INDUSTRY 10 bc carried under said style, b,
Inc directors shall DO to establish and con,,uuc i,
run one or more Tow Bouts, for tho towing Of v-v
s''s rendering ASSISTANCE wing freight and pas
SthRcfs, ana any Othur business which IN ~ be- In ~
'nl Tor t"w bouts to perform.
Art. ). That the amount Of tho capital of safe
company, shall be one hundred thousand dollars
DIV ntcd into thousand shares. Of one huudrc,
do'!a's zach, and pnyan1c in cash.
Art 4. That tho nu,ncs of tho par,ncrs on1
inc amount each partner has C, nlribu,cd is as
follows: - ID
Sad John Stephenson Walton, eight hundred
ana thirty live shares said } Hall and a B Bcin,
sixty one shares; said IIarrod & Hughes, forty.
ono shares; SAID John Thomas Osborne, thirteen
shares; said Mark Thomas, ten shares; said Free
man Annahc, tea shares said John Wilder Da.
Wis, cn shares said Sanuc! Morrison ten shares;
anu DANIEL i'abcock Clarke, ten shares
Art. D. That this partnership shall commonc o
from '' ''a'e hereof, and the shall terminate
Us operations aud wind up lis concerns on the
thirteenth Of Juuc, eighteen hundred and for,v.
three. '
Art b. That there shall 10 three d,rcstors TO
transact tho business Of said company, and admin,
Ter its conccrns '
Art. I. Tint the power. with which said direc
Tors s'!a'l DO vested, shall nc 10 cleo. from oronys
themselves, their own president and fl all varIn
t'es' anu minority of whom shall have and mr.,
hereby inv sed with full power to receive and
p'y nli moni"s, anu TO do and cause to he done all
tnat Is requisite to the conducting of the business
OF SAID c"'nPany-and the President BY and with
the consent of Il ma ori,y of the directors is ON
P""cr"d to ISSUE the note or notes Of sad comma.
ny, '"r all demands, purchases or contracts on be-
nan OF sl!d company, cuuntersixucu BY al least one
u tne It r%ctnis.
Art r.. That the time of Duration Of the service
OF Shlu directors shul be for venr and that an
ee"uo" Tor the shall be held on the frs, Man
day OF July, OF each and evc.y year during the OK
isto Gu OF ms partnership.
Art. y That when said company shall have ar.
r'eo al the period when 1t Is "a expire, all the con-
Germs md ntt airs Of the same, shall be wound M,
and li1udated by such directors as NAV hs in oI,;co
at the time.
Art III. That the powers 10 be exercised hv five
~ e''o's '"'uS'ch with sand liquidation, shall he as
'"''"Ws' ~ VII TO receive such SUN OF sums. ms
may W n''e To the c"npaAy, und give acql,ance
"' hcluIt,ahces 'erctur and TO sell the PROPERTY Of
sad mpnny, either at private snlc on puhI,c 'u.
''''' y" e"ch TERMS arg itions rs to them NAV
se'''' IL and sable, aud pay the debt. of said
company.
"A |. H. That the dividends Of the clear profit
'''e' paying an charges and expenditures of the
company shall! i' ,irc red an ,n,d l., tho s,,cL
holders, on the first Monday in July Of: o.ch nd
every year during the "s'>rhcc OF this partnership
n'sl fes'rVhg ten per cent. OF the profits for con-
.ingercirs. ~
Art That ut Il general meeting Of the stool.
""'uefs' al rules sud rtgu atin,s as regards the
h''fNhrr Z" II" cs each stu klul,icr shall rive and
any other matter r"l We to tho welfare of tn, ron,
pa"y' mol contrary 10 The foregoing compact, shall
NC G'''ftd INTO, and the miles md regulation allure,
s'a' >ha'l 90 d"nn'n mated the =" Bv-I,aws of tho
fh"ehH Tow Boa, C"np,ny," and tho shall hn
binding on the said sluckhod ,rs aud their rcxu,c
tive heirs. '' 'l'P''
n Done and passed, in my Office. in tn. City of
~ " ''r'c'ns aforesaid, in prcsc,l"e of Dana, I
itIcd'do and ~. ii .ss nd, witnesses oi l,xr,I ,
'"u concentrated IN this city, who Icrcuu,o s,v,
'"c'' Names together with said nppcartrs and nc
'hc SAD notary this list day Of Aprll 1899.
Enigma! Signed J"h" Walton, Juscp!, W
DIv's' a'!rr"d, ID Clarke, $ Morrison. r An.
, y. BEN. John Hughes, Jn,n T O.horn.
. 'a'A "or'a,, John hal W Hlssard, d X.
ruruc, J. b. NJ 'rks, not. pub
ic'rt''y the foregoing 10 he a true copy of IL,
o'lglA'! act 'xAn IN my current rcvls,c, IN fa,i
" hsre d. gr"nl these presents under nv signature,
ave sea, or Office, at New Orleans, this 22I o
april 1852 JOS. Is. MARKS, not. ouh,