True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-22
aTATE OF LoUIsIANA.-Ci,y Of New Or

CTAIE OF LOUISlANA.-City Of New Or.
y loans.-Bc it known That tins day before me,
Joseph Benzakin Marks, notary public, in and
for the city and parish of New Orleans, State Of
Louisinr, aforesaid dujy commissioned and sworn,
Personally camu and appeared Mcssrs John Ste
venson Walton-John Hall and Archibald Brown
Bcin, Carpenters, transacting business under the
style and firm Of Hall &, A . Bcin-Bcnjamin
Harrod and John Hughes, Carpenters, trnnsacting
| business under tho style and firm of Harrod Il
flughcs-John Thomas Osborne, Mark Thomas,
Freeman Annuble, Joseph Wilder Davis, Samuel
Morrison, and Daniel Babcock Clarke, all residents
| of this csty, who declared,
| That in conformity with an act OF the Legi sla.
tnrc of this State, approved on the thirteenth Of
| March, eighteen hundred and thirty seven eutitlod
AN act TO authorize limited or anonymous part
nerships, and to regulate the samc, / cy, the said
appnarers. have agreed, and do by these presents
agree to enter the following limited or anonymous
partnership, under the clause and conditions fol
lowing TO wit
Art. l. That the name, and STYLE under which
said partnership is to be conducted, shall be, " The
Phoenix Tow Boat Company" and that tho place
where said company is to be located shall he in tho
city of New Orleans.
Art.2 9. That the description or kind Of business
or industry, TO DO carried under said style, by
the dir c;ors shall be to establish and continue TO
run ono or more tow boats, for the towing Of yes.
sells, rendering assistance corryng freight and pas.
srngcrs, and my other business which may be
lawful for tow boats TO perform.
Art. ). That the amount of tho capital Of said
company, shall nc ono hundred thousand dollars
each, and payable in cash.
| Art. a. That the names of tho partners and
the amount each partner has contributed is as fol-
| lows:
SAID John Stephenson Walton, eighteen hundred
and thirty five shares said J Hall and A B Bein,
sixty shares; said IIarrod & Hughes, forty one
shares; said John Thomas Osborne, thi,tcen shares
said Mark Thomas, ton shares said Freeman An.
nable, ten shares said John Wilder Davis, ter
shares said Samuel Morrison, ten shares anG
Daniel l'abcock Clarke ten shares.
Art B. That this partnership shall commence
from the date hereof, and the shall terminate
J its operations and wind up its concerns on III,
thirteenth Of June, eighteen hundred and forty
three.
Art. 6. That there shall be three directors L
J transact the business Of said company und admin
stcr It's concerns.
Art. !. That the powers witIl'whch said director
shall he vested. shalt be TO elect fom nmongs
, Il cmsclvrs, iii r own president, and fiji Il vacan
clcs, and majority of whom shall have and ar
hereby invested with fall power to receive and pa
all nlonics, aud to do and to be done all thu
: is requisite to the conducting OF the business o
, said conpany--and the president by and with th
consent OF ma prlty os tho directors, is empower
cd to issue tho note or notes of said company, fn
n all demands, purchases or contracts on behalf q
said company, countors gncd by at least Of tn
, directors.
Art, s. That the time of duration of the scrvc
OF said directors shall 10 for ono year and that
election for the shull be held on the frs. Nor
day of July, of each and every year during the Q,
istencc of this partnership.
Art. 9. That when said company shall have n
rived at the period when is to expire all the con
Germs and affairs OF the same, shall be wound II
and qu dated by such directors as may bs in oftic
al tho time.
J. Art. 10. That the powers TO be exercised by I'll
Directors in,rustcd with said liquidation, shall be
follows, to wit To receive su h sum or sums
IS may be due to the company, and give acquittan,
'" or acqultances therefor and to sell the proper,
70 of said company, either at private sale or publ
i auction, on such terms and conditions as to the
k may see fit and advisable, and % pay the debt
II said company.
r Art. H. That the dividends of the clear prof,
rs after paying al charges and expenditures of Il
10 company, shall be declared and paid to the s,oc
holders, the first Monday in July Of each n,
every year during the existence of this partncrsh
al first rcscrving ten per cent Of the profits for
u ,ingences.
T. Art. -. That at general meeting fthe stoc
holders, all rules and regulations regards Il
ut number Of notes each stockholders shall give, AZ
any other matter relative the welfare OF the cor
T. pany, not contrary to the foregoing compact, shi
be entered into, and the rules and regulations nior
IL said, shall be dcnominatcd the " By Laws of Il
Phoenix Tow Boat Company" and they shall
binding on the said Stockholders and Their rcspc
tive heirs
:. Done and passed. in my flee, in the city of Nc
Orleans, aforesaid, in presence of Daniel Rica
" and W flussard, witnesses eff lawful aye and don
ciliated in this city, who hcrcunto sign their name
together with such nppcarcrs aud me, the 81
notary, this lst day of Apr |, 1899.
Original signed, john Walton, Joseph
: Davis, B ilarrod, ID d Clarke, Morrison, +. A
: nablc A b Bcin, John Hughes, John + Osbor
Mark Thomas, John Hall, } W llassard, u J j
:" cardo, J b Marks, not. pub.
! certify the foregoing TO be true copy of Il
original act cXtant in my current register; in fai
-, whereof, | gran, these presents under my sign
% ture and seal of office, at New Orleans, this 22d
i April, 1899 JOS. b. MARKS, not. pub.
Il apI 90 ct