New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-27

Is ist nf hnrl
attn soaa aRs ss g thirty days
hat he hass
:sy ss ss NJ,
ss r. is sesi
States such subscriber the time shall six
paid I ssa
s9 for above BY such the Board q
be- and he is hereby empowered trans
SECT commence on the first day Of
s oas M huS s
September, Eighteen Hundred and Seventy Seven.
be conducted BY Board of Directors
times. in his own name right shares Of The esp
SECT CT 2 Associates hereby unanimously
$2sS S$s sE5asrrz, " f ss|SsE
Tres e T5F RIx FH & sA l. asar1,
e 81 be
Board sppeR.sd and their
in number Of all the for the
hs sy
res Such majority hereby authoriasd
clerks pleasure. and appoint substitute
@ CT ana s s
the Association committees of
expsasnt and such pleasure sRnul
q hs
and for the regulation conducting the business h
sspssn II not w
If The Bsso @ the sn
sufficient for the transaction of the business Of tn
quorum shall decide upon which not under III
@ msorty Of ali the ha
number Of votes for granting loans and
ss y 9 h s
be allowed any loan discount by the Association.
, ARTICLE III.
The Board Of Pr Of ana The funds s the Aso
mas declare pay such dividends expedi
and lawful Of the surplus profits Of is business II
shall 5s published within amer declaring
ARTICLE ".
SECT The Board of Directors invest such portions
the the Association they may deem expedien
effects the Association may lawfully hold
officer the State Of any portion Of such
note which they may receive Circulate as
SECT J. The shall suitable books
kept for the registry and transfer OF the Shares of Capita
Association in which the of the sh
son
the shsrshoder u m ASe and shall be mad
Articles of the law, under whicf
i | ASSOCIATION organized.
from time, Association
require, but not longer than ten days one time.
ARTICLE V.
The first election Of Directors Of the Association
sn
sd a1E
for the time being shall appoint and designate The Boar
Of Of shall be published
least three lines week mmsdia,ei
SECT Ali elections for Directors of the Association sha
ballot and shall be conducted by Inspectors Fac
s the
her. his as so legal sa
shall have the number of votes shall
sHs b had held herein
shall the duty Of the Board of Directors notify and
As SEcT The Directors thus elected shall pract
ballot one Of their humber President Of the AssociaOn
Of Without s
as esssS
S PPs n ha IN s b
being shall hold the place places for the term that Il
npponed would have held same w
n, ARTICLE VI.
SECT The President of the Association for the time befn
meeting Of s Board OF Rss s
70 Blank Notes intended for signature until authorized by
Board of Directors to be issued and signed by him.
In of the absence inability of the PresideT
any President the Board elect Cha
President tenn with to perform the duties
President until such inability shall until new Pres
a dent shall be appointed
g. The Cashier, together with the President Pres
~ ued by the Association which certificate shall be
and countersnged by Directors and no Office
Director Stakeholder unless thereto specially authoriz
by majority in number of the then existing Board OF Dire
shall under pretence contract engagement in
half Of the Association
shall be kept by the Cashier Of the
ngs the Board Of Directors which minutes, when
by the Board Of Directors shall be 81 ned by the President
IS ARTICLE VII.
SECT. l. The Board OF Directors may time, propt
modification alteration addition the Articles or As
citation such proposition be submitted the vote OF
Stockholders in and form provided by the Act unC
which the Association is organized but there shall never
increase Of capital without the of wohrds of
Stockholders in amount
ARTICLE VIII.
SECT l. The seal to be used this Association shall be-
re ARTICLE TX.
SECT l. The liquidation of the affairs of the Association,
dissolution shall be to three
all the powers for the sett
ment aud liquidation of the affairs Of the je2i
ID # - -------------------------=
49, NOTICE-FROMAND AFTER THIS DATE, MR. FIR
~ DERIC THOMAS becomes my partner The style Of
firm will be TOURNE Il THOMAS.
W J. EUGENE ToURNE.
v New Orleans November l. 1856