New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-07-13

formed that the articles of association IA OF which pub
lshed below are ready signatures between the hours 10
clock A. NJ and O'Clock r. NJ daily at the notarie Of
Messrs Cuvier Peters, No. 90 Camp street, the Bank
Of James Robb.
That delay may in the organization of the Bank
is necessary that the subscribers should ax their signatures
an early day.
+ $ $iH$#' Commissioners
CHARTER OF THE "eREscEyr C1Tr BANK, or
NEW ORLEANS.
Tn sAwK Of the Association shall be
ART l. The same shall located and its legal donici
fixed in the city Of New Orleans.
gold and silver baon and Ss q eashanss loan"s
and other evidences debt and generally exercise such in
cdena and as are now or NAV hereafter b
ART I The Capital Stock Association
The s manner s prescribed by thousand
ss g snssS so ss Rf5 %
ces fifteen per cent on the first Of and the
esnt Payable yS # Noyempsf
na psf sf Of y
or instruments As and fail due interest thereon
the s per per Or
beers neglect refuse to pay h her or nss ms Mt or in
men the Board themselves the right
ss s & a pe i ae
previous notice thereof by advertisement.
ue the oatoer next eFhtaen u
dred and al, ana ssass on the he
DAY ES e Th OF the Be
with Pelican feeding her young the words Crescent City
ART l. The the shareholders their residences and
present be follows subject such may here
after be made on the books of the Association.
NAMES. RESIDENCE NO. or SHARES.
ART These Articles of Association may be modified
he he n
exceeding five millions Of dollars in the provided By
eesss ef capital sh" have been duly authorized sixty days
e Sss s" Ss
a s Of t'si at s
praton Of that may disposed Directors the
ps%ers the corporation rps shall vested in
Board Directors consisting Thirteen each owhom
stock Of said association.
hereby constituted the first Board Of Directors to
Il By he s to BE tsesd Ns provided in
Ilhenry,J Isg.uisss 3 r yoShies J. II Dudley g.
ter NsoI and Fred B. Brand 's'
ARR H. On Monday of January thousand eight
thirteen Directors By be held ccs
Ct s sy s ct h e e city, a" least
ART r. II the Directors deem it expedent reduce the
witch %n be- oaed at ore ok
thereon and least thirty days prior the annual election,
ART IS plurality Of votes shall be sufficient. cleo, Direct
their number for President & The association who shall
be elected b vote Of the majority Of he whole Board
the Board and in case Of his absence or inability act the
@ al s s a s
dent All elections saabe BY ballot under The superintendent
holders not Directors least week prior election.
Art II The number Of Directors necessary for dsoqnpg
ernned by the bylaws majority Of the Board shall be
Is TIE Board q Direcorsare empowered to make by
latuz In fly lf
officers employees Of the Association regulate the
oa he oson he ss s
have power to alter amend rules regulations laws
point agents within without this state nder such conditions
as - is e ssE K %
vacancies may be declared in nseqenee Of death gaetion
tor no, holding The required number Of shares.
the profits of the Association Justify paying expenses
of the corporation, declare and ply ich of dividends
as they may deem proper after giving notice in one
IL ooksfor registry of the cap
ree,ed by the Jaws NIL transfers Of shares shall be on
said books and signed the Shareholder his attorney
which books the Directors close but for lo period
than ten days at time as often convenience eSpedency
their officers committees of body such pow
a s aas fz s &c issued until the
ART 10 The Board of Directors may purchase for the cor
poraon evidences of debt that they lawfully hold
transfer the any of the the Auditor Of
said Auditor to sad circulation pursuant law
ART fallure from TO elect Directors
named for that purpose shall dissolve this Association
the Directors then in office shall hold Until another
Article II, and continued until an election is had
ART Il Each stakeholder AT all meetings for the election
Directors or other purposes shall be entitled directly
Is vote each share Of stock held by him. provided
the person or persons offering shall have his
share shares for three months prior to the day of voting and
provided that no except females and ciased
Who ~ the period such election of Directors
Or meeting Of stockholders shall he in within miles of
tie city ct New Orleans shall vote BY and provided
meeting of stockholders.
AIT p No two partners shall be eligible at the
Directors OF the Association shah Director of ANY
Bank, or his partner be Director in this Company
ARf Is Minutes OF all the proceedings of the Board Direc-
tors shall be kept by the Cashier verified President
and the President and Cashier shall sign all certificates
OF ocS CONTRACTS and evidences of debts of the corporation
ART H. The Board OF Directors accept Professionally any
power or privileges conferred this Association by any
men OF the law under which the same is formed
ton OF any new act Of the Legislature but the final acceptance
Of such power privilege shall be submitted stockholders
Tor approval in the manner provided by law.
ART 20 The affairs Of this Association shall lquaed
three Commissioners appointed by the stockholders
ing convened for that purpose after the delay and
ner adopted for the election Of Directors Said qudatps shall
De solvent persons residents of this city indebted
ISOLATION their of shall DC assigned al
po" snail be conferred In them the for liquidation shall
be Xed as well their compensation the
Sockhoder may by resolutions in general convened
ue'erniile. jel3 Is Is - 26 %
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