True American. [volume] (New Orleans [La.]) 1835-18??, 1839-09-21

4. Christopher Adams, jr. Of this city for
three shares, two thousand and four hundred
dollars. 2,400
5 vii INN Hamilton Avery, of this city,
for three Shares two thousand and four hun
dred dollars. 2,4Ot
s. John S. Preston, Of tho parish Of Az
censon, for three shares two thousand and
four hundred dollars. 2l00
7. John Stephen David, of the parish of
st. James, for two shares, sixteen hundred
ollars. l,G00
8. John S. Armand, OF the parish of St.
james, for two snares, sixteen hundred dol.
lars. 1900
8. Paul lIcbcrt. Of the parish of Iherville,
for one share, eight hundred dollars 500
10. Aaron Hart, of Pittsburgh, for seven.
teen shares, thirteen thousand six hundred
dollars. 1850
s32,OUO
s. This partnership shall commence the day
of date hereof, and the operations Of the same
snail terminate, aud the concerns thereof shall be
wound up at the expiration Of twelve months from
the date Of this act.
7. There shall be appointed by said association
upon the meeting Of any five of the Stockholders
thereof convened in tho city Of New Orleans
after two days notice in one Of the public gazettes
of said city, il hoard which shall consist OF three
directors, to be chosen from among the stockholders
of said assuci .tiun, and in like manner here slaH
be an agent appointed for the same.
The board d7iof dlrtors Of this inettution,
alinhave flu la powers &C authority to max G such
rules and by laws may not be moons stant with
this act or with the law afore recited, upon which
this partnership is founded and specially they shall
have power to direct the mode of running said boat,
and regulating her voyages or trips, times OF dc
parturc and return rates of charges, &c. The said
board shall also have the power to investigate the
accounts of said boat, as well thro' Themselves,
a.. ,,rI 81 md IN
wise, control and direc, the course of the employ
ment 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 dlrcclo shall also have the powers to fill
up all vacancies (ior uacxpired tcrm) arising in
said board from death, resignation 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 ssociation and
if any there should be in suit in the name of said
association, and also in like manner disburse their
funds, for necessary expenses and claims, and I'M
der tho like directions keep Just and true books Of
the accounts, dealings and transactions Of said as
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 a
bonrd, and such new board shall, it possible,
prior to the espir ton Of the term of the older
preceding board. The agent shall remain in office
Mt the discrclo Of the board, and the board shall
determine mis- compensation and the manner OF pay.
ng the same.
9 At the period therein before determined for
the expiration Of this co-partnerslIiP the affairs
thereof shall be settled, and the same liquidaed
and wound up by the last board of directors of said
association, or the survivor or survivors ofthem.
10 The persons SO trusted with such liquidation
shall cause to be made full and complete balance
sheet of the debts and credits Of the association.
aad they shall well and truly discharge and settle
out of the funds OF the association consisting of
said boat her earnings proceeds, the lawful debts
Of said association, and when all the debts and
claims Of ana against said association shall have
been fully paid and discharged they shall make
ust and equal repartilion among tho stockholders
of said association their lawful representatives,
pro rata of the stock respectively he by them, of
all the 70 aiming funds Of said partnership; and
for tho purpose OF efccting the liquidation of said
concern the persons who shall be the liquidators Of
the same shall have fall power to sell said steam
boat and her appur.cnances public auction, after
advertisement during once week in the usual
manner, at such credits and on such terms and
ditons 10 them shall appear advantageous, and
sha have also full power TO cause 10 b discounted
without recourse, all notes, obligations and credits
whatever, belonging unto said association, whc-
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
num- or even to sell without recourse and at public
auction after the usual notice. al notes, claims and
CREDITS, belonging unto said association, on such
terms thoy may think tit.
II. The dvd nds of profits, il any there shall
be- made by said association, shall, after paying all
debts. argos and expenses, be declared at the end
of every six months succeeding the date thereof
IL. This act of association is expressly based
| A., &c, trcth larsr laft Of l..
State, approved tho thirteenth Of March, eighteen
hundred and thirty ven, and the aiorcnamcd
members Of this limited CO partnership hereby
declare that it is their intention to avail themselves
lin making this association) of all the privileges
| and imnunties in the said act of the Legislature
contemplated, and specially of the privilege OF
exemption firm responsibility for the del is and
obligations of said association beyond The amount
of the par value of the stock by them respectively
held as contemplated the ely hth section Of said
a I, aud all privileges granted or responsibilities
imposed by SAID &C, to DO taken and considered
as embodied herein.
49, Tho said CO.. pur norship hereby cleo, the city
of New Orleans az the place of domic of said as
sociation, and determine that the master clerk
on said boat for the time being, or either Of them,
shall be the agents of said association, so far as to
sign blls Of ladng, TO bind the said assoc alton for
goods received on freight on board said steamer.
| Ia. The stockholde s in said association shul
directors, and to appear by proxy at all meetings
duly convened
Thus done and passed in this Office. on the date
n. above III the presence Of Bartholomew Wallis ant
Theodore +. Thclncmann competent witnesses
domic,led in this city, who having signe with tn.
parties and me, the notary,
OriginaI-signed John Sl;dcll, VIM. II. Avery
Henry Mccall, John S. David, C. Adams, jr j. $
Arnan,.
Aaron Hart, of the city of Pttsbu-g, county o
AL eehany, State of Pennsylvania, is to these pre-
sen, presented by his son, Jesse Hart, Of New Or
leans, Us per rocu,atlon her unto annexed.
AARON HART.
Per JESSE HART.
Duncan +. Kenncr having lett the city previon
to signing, is here represented by Minor kcnnsr
n. DER letter hercunlo annexed.
DUNCAN F. KENNER.
Pr MINOR kENNER.
Paul II bert having eft the city previous "
signing. j. here represented by Bernard Luudunicr
as per letter hcrcunto annexed
F BID. LAUDuMIER,
Pour PAUL uEBERT.
JOHN S. PRESTON,
BY Isaac T. Preston his attorney in fact.
Tho words fourteenth" and "of June, 1899
interl!ncd.
, Walls, Theodore F. Theinemann, Horut;
Davis, notary public.
certify Tho foregoing to be true copy frol
the original act extant on my current notarla' r.
gister, IN faith whereof have hcreunto signed IN
J., n'.r, and affixed the impress Of my seal OF ctiic
l New Orleans, June Goth, 1899.
!, Signed, HORATIO DAVIS,
. als-2w3Od Notary Public
WHITE LEAD AGENCY.
y 0lNH.l Subscribers having 'er@ned the agency
. L White Lead, from one Of the largest ami best man
factories offer il to steamboats, country and deae
a, the lowest prices, aud warrant il TO be as 60