True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-02

Wtzcl, FIVE shares; said Robert Hoey, ono share );
said Charles Jacques Pcrreau Fontcrman, ten
shares said Luis Adolph Gunst, ono share; snd
William Morris Carter, two shares said Daniel
Clarke Osborne, two shares said John Shryock,
five shares; said Edward Cooper Sloane, five
shares said Joseph Suctt 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 concerns on the 9Th
day of February, 1874.
Art. 6. That there shall Le three directors up.
pointed te transact the business Of sad company
and administer its concerns.
Art. 7. That the powers with which said dlrcc.
tors shall be vested, shall be to elect from among
themselves their own President and fill all vucan-
cics, and INA ority Of whom shall have and are
hereby invested with full power to receive and pay
all monies, and to do, cause to be done, all that
is requisite TO the conducting of the business of
said company: and the President, by and with tho
consent Of Il majority Of the Directors, is cmpow-
cred to issue tn. note or notes OF the company,
for all demands, purchases, contracts on behalf
OF said company, (count crsigncd by at least one of
the Dlrcctors) to accept al ri hts privileges and
sofortl, which may be contracted for by jority
of said Board Of Directors, and to convey in like
| manner the same.
Art. s. That the time Of duration Of the service
Of said Directors shall be Tor one year.
Art.9. That when the said company slnll have
arrived at the period, when it is to eXpirc, all the
concerns and affairs of the same shall be wound
| up and liquidatcd by three commissioners chosen
by tho Stock holders and selected from their own
body.
Art. 10. That the powers TO be exercised by the
Commissioners entrusted with said liquidation shall
be as follows, to wil:-To receive and pay such
sum or sums, as may be duo to or by the company,
and give and obtain acqutt auce acquitunces
therefor, and to sell the property of said company
either ut private sale or by public auction suci
terms and conditions to them may seem fit and
| advisable.
Art, II. That the dividenda of the clcur profit
after paying all charges and expenses of the com.
pany, shall be declared and paid to the Stockhold
ers, semi.annualy. First rcscrving 10 per cent
Of the profits of contingencies.
Art. -. That general ting of the Stock
holders all rules and regula tions, regards the
| time of elections of officers and the number Of
votes each stakeholder shall give; and any othc,
matter rclativc to the welfare of the company, moi
contrary to the foregoing compact shall be entered
INTO, and the rules and regulations aforesaid sEn
be denominatcd the Byc>Laws of the St. Mary.
Market Steam Ferry Company; and the same shai
BIO binding the said stock udcrs, and their res
| pcctivc heirs ass GINS.
Done and passed in my Office at the city of New
Orleans, aforesaid, this 9Th day of February, 1873.
in presence Of Daniel J Ricardo and John Owens
witnesses of lawful age, and domicilated in thus
city, who hcreunto On their names, together viii
said parties and me said notary.
! Original signed-J"hn Shyrock, i. c. Sloan
JOS S. Sloan, Charles Diamond S. High, Roher
lIory, a d Cox, James Sheehy, Angust Wctzel
! c. p Fuutnrinun, Alex. Gibson, &. Chainr. NJ
/ Rnbi.ac, ID G Osborne, l. a Gunst, Robert II ire
! w f. Turner, VIM NJ Carter, James Patton, Thos
Darling jr. A II Pickrcl Robert Brcakey, Martin
Doyle, ID. J. Ricardo, John Owens, Jos. i =
notary public.
l certify the foregoing to be a true copy of TIN
original act extant in my current register.
In E, ,yhprrof 7 Mt those ur1e
my signature and seal of office, ut New Orleans
7his 2SLh day of February, 1889
Lsignedl JOS. p: MARKS,
apr2G Notafy Public