True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-07

Witzol, Eve shares; said Robert IIoay one share
said Charles Jacques Perroau Fonterman, ten
shares said Luis Adolph Gunst, one share said
William Morris Carter, two shares said Daniel
Clarke Osborne, two shares said John shryock,
| five shares; said Edward Cooper Sloane, five
| shares said Joseph Suett Sloane, FIVE shares.
Art. S That this partnership shall commence
from the date hereof and the same shall terminate
its operation and wind up its ON the 9th
day Of February, 1874.
Art. 6. That thore shall LIE three directors ap.
pointed to transact the business of So company
and administer its concerns.
Art. 7. That The powers with which said dircc.
tors shall be vested, shall he TO elect from among
themselves their President and fill all vacan.
ces, and a maj GRITTY Of whom shall have and arc
hereby invested with full power to receive and pay
all monies, and to do, to be done. all that
is requisite 10 the conducting of the business of
said company; and the President, by and with the
| consent Of majority of the Directors, is cmpow-
cred to issue tho note or notes of the company,
for all demands, purchases or contracts on behalf
OF said company, (count ersigncd by at least of
tho Dircctors) to accept al rights privileges and
soforth, which may be contracted for by majority
of said Board of Directors, and TO convey in like
manner tho same
Art. 8. That the time of 3ura ion Of the service
of said Directors shall be Tor one year.
Art 8. That when the said company shall have
arrived at the period, when it is to expire, ali the
concerns and af4irs of the same shall be wound
up and lIqaidatcd BY three commissioners chosen
by the Stockholders, and selected from their avn
body.
Art. 10. That the powers to lie exercised by the
Commissioners entrusted with said liquidation shall
be as follows, to w:-To receive and pay such
sum or sums, as may be due to by the company,
and give and obtain acquittance or acquiltanccs
therefor, and to sell the property Of said company,
either at private sale or by public auction such
,lo Il
advisable
Art, IL. That the dividends of the clear profit,
after paying all charges and expenses of the
pnny, shall be declared and paid to the Stockhold-
ers, semi-annualIy. First rescrying 10 per cent.
of the profits Of contingencies.
Art. H. That general meeting Of the Stock
holders all rules ard regulations, regards tho
time of elections of officers and the number of
votes each stockholder shall give; and any other
matter relative TO the welfare of the company, not
contrary to the foregoing compact, shall be entered
INTO, and the rules and regulations aforesaid shall
be denominatcd the Bye>Laws of the st. Marys
Market Steam Ferry Company; and tho same shall
be binding on the said stockholders and their res.
pectivc heirs or assigns.
Done and passed in my Office at the city of New
Orleans, aforesaid, this 9Th day of February 1899
in presence of Daniel }. Ricardo and John Owens,
witnesses Of lawful age, and domiciIated in this
city, who hcrennto sign their names, together with
said parties and me said notary.
Original signed-J,hn Shyrock, E. C. Sloan,
Jos. S. Sloan, Charles Diamond 5. High, Robert
llocy, B Cox, James Shucly, August Wctzel,
G. P. Fonterman, Alex. Gibson, G. C,aine. NJ.
Robitalle, d G. Osborne, l. A Gunst, Robert II Ire,
W r Turner VIM Carter, james Patton, Thus.
Darling jr. A r Pckrell, Robert Dreakey, Multin
Dnylc, d. ]. Ricardo, John Owens, Jos. b Marks,
notary public.
l certify the foregoing TO be a true copy Of the
original act cxtant in my car.ent register
In faith whereof, grant these presents under
my signature and seal of Office, at New Orleans,
2llis 2Sth day of February, 1899. =.
[Signed] JOS. p. MARKS,
apr2G Notary Public.