New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-02-16
fe7 WIN. c. QUGRK, CoIuetable
OF THE MISSISSIPPI

KNOW AL MEN, by THESE PRESENTS, That we.
approved l46 March 1855 being Act 30 Isl
b for The Of Efsshs and
Bay GIiT Mexico the tributary waters hereof
sf ZIG g s by s sRh be iii. Es MS
KNOWN and sue and be sued It's doc Shall be in New Or.
e Ts sand Company sRsI S% for the purpose
of building and eppng Or purchasing owpessnre steamboats,
lake Bog6s ississiDp soHHd Noble Bay Gal Of aeAi,
and the tributary waters thereof.
Art. The said Company shall have President, whom
Art 8 The stock said Company shall amount to the
of Ninety Thousand Dollars divided into Eighteen Hun;
S 5 IN mss f for s @ chou
Of Directors Of the COMPANY Ten Dollars in month there
three months there ftet Tor eaeh and every Share Of stock
their notes for the other payments payable the
amount of Fifty Thousand Dollars is subscribed
the Company shall organize and elect Directors bal
sent Of the Decfors before the debts Of he Company for the
Art l. Three Directors shall be elected annually on the first
Monday Of December each year by ballot The three stock
the ensuing year they shall Immediately cleo, one
eet Sea5 a e oon nj S h@ s The 3
the Directors and President then elected shall until
Iacass failure 2 hold said election day designated
oyer until new election is held which can be at time
after dug notice thereof two weeks Prevoas to the same being
Stockholders at their respective residences These notices
be signed by two of the Stockholders.
In Of the death Director vacancy filed
any general meeting Of the Stockholders
Art s. That the expiration OF the twenty years for
hh ne &c % G[sssa or a. any time before Te
quirs, same shall Iqnidated; and majority Of lie
o ff the 1S s t d @ c h a@
dispose of the property ana collect the money aud after
Company divide funds pro rata among the Sock8oiters
pose the said general Gquidaor is hereby charged with
d 10 % b Ot expenses Of stores
he The aDr
Art Tint the Stockholders general meeting shall pass
such they may necessary proper prose
enti9n Of the interests and management the Company which
shall not be altered except nj general meeting the Company
and BY % T5s res all h nsS ISas,n J.,
hereby authorized contract construction Of steam,
al w m Sn R toy en ani S for A 1
RnEs and apparel and TO mortgage the said boa after she is
convey the boat finished equipped one or more
ens S and s 3 Pnlfs o. Tr ns e
the payment OF the price oil construction Mt maturity OF the
boat shall during the time Of continuance Of the credit on The
p 4 n1 81 ar ~ pFce 0o IN ne 9e os which
tor shall have the right to nominate the captain and CLERK Of said
nominee but not to appoint either the captain clerk them
One least of said shall be by tIe Directors
OF 'hs Io,npHay and shall be resident Of New Orleans
h frs e PG s Ct her pr Ps i p shall be applied he
Their credit the said Directors shall authorized 10 renew or re
create the SAID trust for the said purpose of continuing the
vance the funds the debt the builders And
due the builders others 10 whom he credit nor
ton OF the prize Of said boat may the same to be
secured by mortgage deed trustees aforesaid all al
which notes or bonds shall he signed BY the President,
The Board Of Directors shrl appoint agent said boat
who shall act IS Secretary Of the Company keep all the
coani7, a minute OF all proceedings, and up ANNA
statement Of the receipts ard Disbursements which shall bc
submitted 10 the meeting of Stockholders Monday
December Of each year And yenr least when there
any sufficient surplus on hand dividend Of the profits shat
be declared, Which shall be pai to the Stockholders
The ao rFe5g9 s9n the bee So@rg Of the have
inen the payment all debts lie employment Of The c%rta1
| prosecution of the bu-. mess of the Company
Art o. That any time they deem necessary any five
the HIuehhoderS can have general meeting Of SDCkhoiv
two weeks noic@ thror% he Nv Gft rf n S"4 4
given to the soekhoe by Ieiters nldessed 10 them At ~ M
respective places Of residence stating the which tey
have called the These notices be signed by he
the Stockholders investigate all the aira Of The Comnng
and on twothrs vote Of all the StockoIers-two thirds IN
dent or Directors either Of them and elect others heg
place or Pgges for his or their tneNpre term Terms
punctuay when due the Directors may the Scrier Fr
the amount amounts due, in their option after yn linn
legal agent a any meeting Of the Directors declare he
forfeited, well as the amount he may have paid on lis stoc
lectsd of ai defauRs Stakeholder 81 scer on lie
tno! no property t?rnd" by the Sheriff. the Di-
Art H. The Agent and Secretary shall keen mt tho P,
the COMPANY Stock Book Oul Shall issue after The SInr i
Pa5 IN lu trtSflie o Stock showing the number Of shares
hea by each S'ocSholder and The value lie same T
Stock q! ile Company hall be transferable on he >rr ne
inc ana ne Written transfer Of the Stakeholder and
Every ha>rve 81 Sl0ck s. AL be liable the same re,oi
btlily the "eia StockAGler and none OTHER iePoASl-
& me uGStrns,s hereto are the Stockholders in and Mem
the amounts opposite our respective uanps ' % anu LOT
| THE UNDERSIGNED Recorder Of Mort,ocas ~ an, c-
'sl 'il' IE {" New Orleans, ctTtifes that br f,r
t"tiSr Wa m day recorded in Book See 4 FI Io