True American. [volume] (New Orleans [La.]) 1835-18??, 1839-10-12

dred dollars. 2,4O0
6. John S. Preston. of tho parish Of AS
cension for three shares, two thousand and
| four hundred dollars. 2,400
7. John Stephen David, Of the parish of
ST. James, for two shares, sixteen hundred
collars. 1900
8. John S. Armand Of tho parish Of St.
James, for two shares, sixteen hundred dol
lars 1000
9. Paul IIcbert of the parish of Iberve,
for one share, eight hundred dollars 800
10. Aaron Hart, of Pittsburgh, for seven.
teen shares, thirteen thousand six hundred
dollars. 1860
So, 900
S. This partnership shall commence on tho day
of date hereof, and the operations of the same
shall terminate, aud the thereof shall be
wound up ut the expiration of twelve months rou.
the date OF this act.
7. There shall be appointed by said assoc,a,non
upon tho meeting of any five Of the Stockholders
thereof convened in the city Of Now Orleans
after two days notice in Of the public gaze,tcs
of said city, board which shall consist OF three
directors, to he chosen from among the stockholders
Of said associ,tion, and in like manner there shall
be an agent appointed for the same.
Tho board d7lof d,rtors Of this nctitu ion,
ahnlavc flu Ia powcr,sI &C authority to max such
rules and by laws may not be inconsistent with
this act or with the law afore rccited, upon which
this partnership is founded and spo tally they shall
hnvo power to direct the mode OF running SAID boat,
and regulating her voyages or trips, tunes of d =
parture and RETURN rates of charges &c. Tho said
board shall also have the power to investigate the
accounts of said boat, well thro' themselves, as
through the agent thereof and generally TO super
wise, control and direct the course of tho cmploy~
nent and the administration of her funds, and to
that end they shall be authorised to give all fitting
and proper instructions to her agent, officers and
others in the employ.
The 1irnct nf shall alsn have thu n fill
up all vacancies (for uaexpircd tcrln) arising in
said board, from death, res gnation or otherwise
The agent of said boat shall reside in the city of
New Orleans, and shall under the bylaws of said
board, collect the debts due to the association, and
if any there should be in suit in the name of SAID
| association and also in like manner dsburse their
funds, for nccccssary EXPENSES and claims, and un
der the like directions keep Just and true books Of
the accounts, dealings and transact IONS Of said
ISOLATION at the office which shall be selected by
the said board in this city.
8. The directors of said association shall continue
in Office during tn, term Of six months, from the
day OF their election and until the election of
new board, and such new board shall, il posstb u,
DO elected one week after notice rs aforesaid, and
prior to the ">plr ton OF the term of the Older
preceding board. The agent shall remain in Office
at the discretion OF the board, and the board shall
determine his com psnsdtlon and the manner .! pay.
ing the
9. At the period therein before determined for
the expiration of tins co-parncrship, the affairs
thereof shall be settled, aud the same quulatcd
and wound up by the last board Of directors of said
assoclat on, or the surv vor or Survivors OF them
10 The persons 50 trusted with such liquidation
shall cause to be made full and complete balance
sheet OF the debts and credits of the association,
and they shall well and truly discharge and settle
of tue funds OF the assoc ion, consisting OF
said boat, her earnings proceeds the lawful debts
OF said association, and when all the debts and
at,
been fully paid and discharged, they shall make a
ust and equal r,partion among the stockholders
of said association their lawful representatives,
pro rata, Of the stock respectively he by them, of
all Che remaining funds of said partnership; and
for the purpose OF ctlectng the liquidation of said
concern. the persons who shall he the quidaors of
the shalt have full power to sell said steam
boat and her arpur.cnanccs public auction, after
advertisement during once week in the usual
manner, at such credits and such terms and con
ditions az to them shall appear advantageous and
shaI Il have also full power TO to b discounted
without recourse, ali notes. obligations and credits
, whatever, belonging unto said association, whe-
Their arising out Of the sale Of said boat her
ings, or otherwise, provided such discount may not
be made at rate exceeding ten per cent per an
nun, or even to sell without recourse and at public
auction after the usual notice, I'll notes, claims and
credits, belonging unto said association, on such
terms as they may think fit.
be- made by said association, shall, after paying all
debts, charges and expenses be declared at the end
of every six months succeeding the date thereof.
| II. This act Of association is expressly based
upon the aforesaid act of the legislature of this
State, approved tho thirteenth of March, eighteen
| hundred and thirty seven, and the aforcnamcd
membcrs of this limited CO partnership hereby
declare that it is their intention to avail themselves
lin making this association) of all the privileges
and immunties in tho said act of tho legislature
contemplated, and specially Of tho privilege of
exemption tr'.m responsibility for tho debts and
obligations of said association beyond tho amount
of the par value of tho stock by lHom respectively
held, contemplated in the eighth section of said
u t, and all prvedges granted or responsibilities
imposed by sad act to DO taken and considered
as embodied herein.
49, Tho said CO. pa rinership hereby elect the city
Of New Orleans as the place of domlc of said as
ISOLATION, ana determine that the master or clerk
on said boat TO: the time being, either OF them,
shall be the agents of said association, far as to
sign bills OF ladlng, 10 bind the said assoc iaun for
goods received on freight ON board said steamer.
IA. The stockhodc in said association shall
have the right to vote by proxy at all elections for
directors, aud to appear hy proxy ut I'LL meetings
| duly convened
hus done and passed in this Office. the date
as above, in the presence of Bartholomew Walls and
Theodore +. Thrinemann. competent witnesses,
domicilcd liz this city, wo having ssned with the
parties ana me, Tie notary,
OriginaI-signed JOIN, Sl:del VIM. II. Avery,
Henry Mccall, John S. David, c. Adams, jr., }. 5
Armant.
Aaron Hart Of the city of Pittsburg, county of
Al eghany. State of ennsylvania, is to these pro
sent presented by his son, Jesse Hart of New Or
leans, as per Irocuraton her. unto annexed.
AARON HART,
Per JESSE HART.
Duncan f. kennor having left the city previous
to signing, is here represented by Minor kcnnsr
us pcr letter hereunto annexed.
DUNCAN F. KENNER,
Pr MINOR kENNER.
Paul II. bert havu g. left the city previous &c
signing, is here represented by Bernard Laudumlcr
as per letter hereuntu annexed.
I'D. LANDOWNER,
/ Pour PAUL lIEBERT.
JOHN S. PRESTON,
! BY Isaac II. Preston his attorney in fact.
The words " fourteenth" and I" of June, 1879,
inter:ned.
d Walls. Theodore F. Thenemann, Horatit
Davis, notary public.
l certify the foregoing to be true copy from
the original act cxtant on my current notarla re
gister, in faith whereof have hcrcuntn signed m.
name and affixed the impress Of my seal OF Office
New Orleans, June goth, 1889.
Signed, HORATIO DAVIS,
alS.2w30d Notary Public.
NEW MUSlC--G ? Msnouvner-r,e Brando
~ Saring's Grand Waltz Triumphant March 9th
Louisiana legion, and urge assortment u the laes
English aud French music Tor Pian' guitar and olhe
'''''' N''' 80 S':'~ EJouNs Il Co,
| o3-Jw corner St Charles and Common SIS