True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-24

- lvans.-Be il known that this day before mo-
Joseph Benzakin Marks, notary public, in and
for tho city and parish OF New Orleans, State Of
Louisian, aforesaid du'y commissioned and sworn,
Presumably came and appeared Messrs John Ste.
venson Walton-John Hall and Archibald Brown
Bcin, Carpenters, transacting business under tho
style aud firm Of Hall & Bein-Bcramin
Harrod and John Hughes Carpenters, transacting
business under the style and firm of ilarrod &
Hughes-John Thomas OSBORNE Mark Thomas,
Freeman Annabe, ,Joseph Wilder Davis, Samuel
Morrison, and Daniel Babccck Clarke, all residents
Of this csty, who declared, sS
That in conformity with an act of tho !.egsla
tnre of this State, approved on tho thirteenth Of
March, eighteen hundred and thirty .scvcn entitled
" An act to authorize limited or anonymous part.
ncrships, and to regulate tho sa,nc, cy the said
appearers, have agreed, and do by these presents
agree to enter the following hunted or anonymous
partnership, under the clause and conditions fol
lowing to wit:
Art. l. That tho name, and style, under wlci,
said partnership is to be conducted shall be- Tho
Phoenix Tow Boat Company,' and that the place
W here said company is to be located, shall be in tho
city Of Now Orleans.
Art. 2. That tho description or kind of business
| or industry, to be carried on under said style, by
the dir cors shall bo to establish and continue to
run one or more tow boats for the towing of vss.
scls rendering assistance, corrying freight and pas
sengcrs, and any other business which may be
lawful for tow boats to perform.
| Art. ). That the amount of the capital of said
company, shall nc one hundred thousand dollars
each, and payable in cash.
Art A. That tho names Of the partners, and
the amount each partner has contributed, is as fol-
| lows:
Said John Stephenson Walton, eighteen hundred
and thirty five sharas said ! Hall and A Il Bnin,
sixty ono shares SAID lIarrod Il Hughes, forty one
shares; said John Thomas Osborne thleen shares
sad Mark Thomas, ten s'larcs said Freeman IN.
nabe, ten shares; SAID John " llIcr Davis, ten
shares said Samuel Morrison, ten shares and
Daniel Buhc"cls Clarke, ten shares.
Art. S. That this partnership shall commence
from the date her of, and the shall terminate
its operations and wind up its concerns OH the
tlir,ccnlh of June, eighteen hundred and forty
three.
Art. 6. That there shall be three directors I,
trnnsac, the business Of said company, and admin
! stcr its concerns.
Art. l.. That the powers with which said directors
shall be vested. shalt be TO elect iiom amongs
: Il cmsevcs, tn If own president, aud fl! vacan
clcs, and Il ma jorily of whom shall have and ar
hereby invested with fail power to receive aud pa
all monies, and to do aud cause to be dono all cha
is requisite To the conducting OF the business o
i. said CON rnny--and the pr"sidcn by aud with tn
consent OF majority Os the directors, is empower
e cd to issue the note notes Of said company, 70
II all demands, purchases or contracts behalf Il
sad company, colnttrslgncd by at least one Of III
, directors.
Art. !. That the time of duration Of the sery C
IF said directors shat! c for one year ard that Il
election for t|i" sam" 4hall hc held the first Nor
u day of July, Of each aud every year during the cs
istctcr Ul tins partnership.
Art. 9. That when sand company shalt have n
rived at the p"rind when is expire all the
Germs and affairs OF the same, shall be wound II
and iqu dated by such directors may be in III,
Il, the time.
l. Art. 10. Tnnt the powers to be exercised bv Il