New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-28

saa .' .s1ss i Il. s e C &
advisable and shall Be payable as follows:
& per cent on signing before s the Notary
iS :. On tue it st Of september 1b
lSs :: 1 Ito s sessssI;
10 10 1 1t Of December psssaIs isss
i r. t.; s ss:;'
And should any subseriosr neglect thirty days
,n ss Ss n,,s,%sn's
5 , notice il H. snsss
ifs 5s that .ss
sh. Be- extended Ha',is *
p. ps p it, to s s
5 By such Besa q
To
SECT The Association shall on the FIRST day Of
October in the Lord One Thousand
Eighteen Hundred and Seventy rs a." OF
ARTICLE II.
and rs
ss Of s s each 1 Of Ths =. shall and hold all
ital stock Of the Association. N'
choose and appeIn, NJ following ps;.o5,
$ $S$s $$$SEEs y { s${Sss.
G. n. MORRISON, THEO L. Mc9ILL4
be tss Board Of Directors the they
h sn
all powers and discharge all duties herein conferred and i'm
powers discharge until
SECT s. The hereby appointed and their
shall elect their number President
hs
Or s % I Dtep
and from time tins fix and determine their respective
sueS P sss c. or ohsI
and to G
commit Or such power the ordinary
their officers and agents either of them they
Seke and
scribe all such the Of the Board of D
Assoeation It's officers clerks agents. as they may deem
exPeden and not with law with these articles
sse shall
he Majority
decide upon all subjects which do not
majority all the Dectors-provded nevertheless that
Be nd
Cashier other officer Of this Association shall
be allowed any loan count by the Association
| ARTICLE III.
SECT The Board Gf m ou Of the funds Of the
declare and such dividends they deem expedi
s or their Aoney 81 y
notice shall be published within ten after declaring
| of New Orleans.
| ARTICLE
The Board Directors may such portions of
the of the Association they may expedien
may to- deposit Auditor other proper
officer OF The State of Louisiana portion Of such property
notes which they may receive, to circulate money
Kept registry shares Capital
Stock the and in which the of the Share
of Association shall signed 81
n ali Ss hHd SNAIL and Be
tons contained in these Articles and of the law under which
SECT The Board Of Directors may close the transfer books
from time time, the of the
require. but not longer than days any time
ARTICLE V.
5 h on ,b ct OF the a %
One Thousand Eight Hundred and Fifty Nine and thereae
hs sd sHs R a
for the time shall and designate The Boar
SECT Notice Of elections Of Directors shall be published
least three times G weeks
SECT j. Ali elections for Directors of the Association sha
by ballot and shall be conducted by tn Inspectors Fac
held him
her in his own name as trustee or legal representative
who shall greatest number OF votes shall
The failure for any elect Directors
whreon election should be had held herein
shall the duty the of Directors notify
election be held within sixty days after the day hee
SECT 5 The Directors thus elected SHALL soon pract
p sss Of er humber ut Of he
se Of mon ssrs Of e 81
Association he shall thereby his place such Di
rs x OF @ OF
SECT The Board of Directors shall have power by ballot
resignation or otherwise appointed
by majority in number of the Board OF Directors for the Tim
being shall hold the place places for the same that tn
appointed would have held the same.
ARTICLE W.
The President of Association for the time being
shall preside meeting of The Board of Directors
which he shall be present He shall have charge OF me bond
Blank intended for signature until authorized by tn
P gd Hy e Of the President
President the Board elect Chair
President an san Ty until
den. shall b, be appon!ed u,., A.. p-o,,,.r. p-..
stock is ued by the Association which certificate shall be
director Stakeholder unless thereto specially authorize
by majority in number Of the then existing Board of Drec
under any pretence contract any engagement in BIT
shall be kept by the Cashier of the proceed
of the Board of Directors which minutes when
by the Board OF Directors shall be sned by the President
ARTICLE VII.
SECT The Board Of Directors may at any time propos
citation such proposition be submitted the of tn
which the Association is organized but there shall
increase of capital without the of twoths of til
Stockholders in amount
SECT l. The seal be used this Association shall be
ARTICLE TX.
SECT l. The liquidation of the affairs of the Association
eo dissolution shall be entrusted to three
by the last Board of Directors and who shall
ment liquidation of the affairs of je24
NOTICE-FROMAN AND AFTER THIS DATE, Mr.. FIRE
IN DERIC THOMAS becomes my partner The style of tn
firm will be ToURNE K THOMAS ,-,,,>-,, ro,-,,,,,
New Orleans, Novemberl, 1856