New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-12-04

equal to six hundred thousand dollars
~ 10. U.s. 5. ARTICLE W. 1920 3
This corporation shall Commence operations Immediately
and from The as Of these aud shall endure and
thereafter. : ~ = HF"'' = ''"''
ARTICLE VII.
The device of the Corporation shall be gron supporting
ss BIS assf liz .sp Of R0b
ARTICLE VIII. ~
The capital stock Of the corporation hereafter be
thousand dollars Say ssOO0O divided into shares Of one
hundred dollars each and whenever such increase shall
Ss hs
their stock shares not taken at the expiration Of said time
be sold BY the Board OF Directors at not less than for tho
benefit of the corporation.
ARTICLE TX. +...
consisting Of sho s sHasa
* saa sh
not apply 70 ne first Board appointed IN this which
be composed Of any three persons citizens Of this State
,s4.yt t.za 1s ARTICLE X.
On second Monday in January eight
Z" ne @
aoes II Y e. hs ys sd s Ell BE- %
newspapers published in New Orleans.
e s:a ssssa
airy, eighteen hundred and hfty-nine, ds59) viz:
valley TH H8H ALLEN CLARK.
ARTICLE XII.
their members to be President Of the Corporation whose
of bis absence inability the may elect from
their number mn President tenn who shall for he time
vote If majority The Whole Board shall s. necessary e
hs "n Ct ps . s ss Il
By the by Of the The Of aay
other business by Board majority Directors shall be re-
quorum shall be valid corporate act.
ARTICLE XIV. ~
rdnFn
and and the same to alter or amend whenever the
qure appoint the Cashier and all officers and EN-
ployee Of The Corporation to regulate their d1tes fix the
each officer respectively and all appointments and offices shall
IL @ s 10 ii ay v ss
in their own number and said vacancies declared
number Of shares absence without leave sixty
State a nay aS as This
them shall seem proper.
ARTICLE XIV.
The Board Of Directors after paying all the Of the
Corporation shall twice in each year the profits
out Of said po nnd notice. s
shall be published in two in the city of New
leans. Ut
ARTICLE XVI.
shall kept subject restrictions as The
bylaws may direct
Every transfer of share Of capital shall
made the books Of the Corporation and shall be signed
ARTICLE XVIII.
The Board of Directors close the Transfer Book often
days at any one time
ARTICLE XIX.
evidences Of debt that they may hold BY law and transfer
pledge o And Public Accounts or any other proper
denees q debt authorized to the Of
ARTICLE Xxx.
The failure from elect Directors the day when
poaon but the directors then in Office shall hold oyer
yided the usual notice be Immediately given appointing
until the election shall have heen made.
'EI-' ARTICLE XXI.
each share ali meetings Of
on any matter and at all elections for Directors.
+. ARTICLE XIII.
Every election of Directors Corporation shall be by
ballot and conducted by three inspectors be appointed by the
ARTICLE XIII. r
IL At Sds un a sai for the majority Of al the
Directors from three to number not exceeding fye they
may do so by vote at such election.
ARTICLE XIV.
majority Of all the Directors elected may accept provision
Conferred upon tue Goperaion either BY aeSen the
act under which it formed by act
adoption and Of such additional privilege,
provided BY law. -
ARTICLE XIV.
Ths President and Cashier shall sign all contracts notes and
certificates Of deposit checks and bills of exchange shall be
ARTICLE XVI.
Minutes , all n e. The BOnfa Of Directors shall be
ARTICLE XVII.
The liquidation Of the affairs of the Corporation shall be made
by three elected by the stockholders at meet
ing convened for that purpose after three months previous
notice in two newspapers published in the city of New Orleans
each OF said shall citizen of the State and
not indebted TO the Cooperation and at such meeting Stock
holders cede such Commissioners all necessary
the liquidation Of affairs Of Corporations may fix he
term of office and the of their compensation limit the
period for liquidation their duties and the
which said Commissioners may be removed and their
Office renewed.
Thus passed my office, at the city of New
leans. Messienrs Octave Kernon Al
Leblanc of lawful age, doiciaed in this city
who hereto subscribe their names together with the parties
me Notary, this seventeenth day of November,
yenr thousand eight hundred aud fifty
Original signed = 80
p. N. WOOD,
A. ID. KELLY,
W. COX, '..,
And others.
O. L, KERNIoS,