New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-11

And should any subscriber neglect or refuse for thirty days
hs s
for which they subscribe shall be At public agclon after
Orleans subject to the unpaid install
saiments fail due until the time Of such public sale Provided
that Of the death ABSENCE from the United
months subject the aforesaid interest of eight and
o provided BY aaetioneer the Board Of
Or may oppont And the Cashier Of the Bank
fer aa any " stock sus soid 10 Trans
oeossr tie Lord One thousand Eght Hundred
sna and a an ON hs rne day
III &a4s ARTICLE II.
SECT l. The object of this Association already stately is
nected Herewith in the and form prescribed BY
said Act authorizing general system ef Banking and
carry such such additional power which soeia
thorzed by law to exercise. ..
ARTICLE III.
All the Of h clr N shall BE-
M of Twelve persons each Of whom shall own and hold at all
ta Stock Of the Assoeation u INC cap
The undersigned, Associates hereby unanimously
z apefns Ri e. FoaER
SS#s BSs5 E5Ssrus " { $S{b5E
dh Z: N 4 RHx;s is. fa2f HAN,
elected directors & he Asosao SHAH have exercise
posed lie Board y btectors and sha lines,
h &c fsfaEs their
SECT The Board OF d appontsd and their
ISOLATION majority in number Of all the the
@e @ be elect Gd eas s snc
agents. which the business of the Association require
ries majority hereby authorized, any time
from office such President Cashier other officers,
in their stead and such majority may from time time
the Association committees Of their body and
their officers and agents either of them they
1d and
scribe as% m a ne q s Ba Of m
It's Officers sers and agents as they may
Ans majority DesioP
be sufficient for the transaction of the business of the
Association majority Of Directors constituting
a sse a
81 majority Of ell the Dectorsprovided nevertheless thai
be -
tor, Cashier any other officer of this Association shall
| ever be allowed any loan or discount.
ARTICLE ".
SECT The Board Of Directors out of the funds of the Aso
caon shall defray all its and twice in each
may declare such dividends as they may deem ezped
stockhoders or their Attorneys Of which dividend
be published within ten days after declaring tn
same daily printed and publ shed inthe cit
ARTICLE v.
SECT l. The Board of Directors invest such portions
the funds of the Association they deem expedent
or ct as s & S ma oeI So
officer State Of Louisiana any portion Of such properly
notes which they may receive 10 Circulate as money
Scot q The Board of Directors shall suitable books
kept for the registry and transfer of the Shares of Capt.
Stock Of the Association and which the of the shr
soa the the
Stakeholder his authorized Attorney and shall be ma
tons contained in these Articles and Of the law under w
SECT g. The Board may the transfer
ZINE S tins snssr The as en S of s
ARTICLE VI.
sEcr The first election Of Directors of the ASSOCIATE
One Thousand Eight Hundred aud Fiy Nine theres
on the said day in each such %e Of the STy
for the time being shall sppcG and designate The Boa
SECT s. ali elections for Directors of Association sh
by ballot and shall be conducted by inspectors Ea
of Association owned and held by hi
his name trustee e or ss" n s of Sh
shall have the number of votes shall
day such election should be had held herein
appointed shall dissolve the Association
shall lie Tie duty Of the Board OF Directors notify
such election TO b. held with sixty days after the day herr
seer The Directors thus elected shall as soon as prac
ballot one Of their number President Of The Asocaon
G on w" or SSs Of FG the B Of any
the Association he shall thereby vacae his place rs such
Board Of directors provided Tor by section six his Aii
SECT The Board Of Directors shall have power by ball
supply that occur in their Beard by da
resignation or sGd The person or so APRON
person persons whose place places he they shall
appointed, would have held the same.
IT. ARTICLE VII.
SECT l. The President OF the Association for the liEc bel
shall preside meeting of Ihe Board OF Directors
which he shall be present He shall have charge OF the bo
Of the Cashier, and of all officers of the Association also of
nj BLANK Notes intended for signature until authorized by
" i6oafa OF Directors 10 be issued and signed by nm
SECT In OF the absence inability of the Preside
from cause President the Board elect tn
man or President tenn with power to perform the dntt
President until such inability shall cease until new fr
dent shall be appoinied.
SECT g. The Cashier, together with the President or Pr
dent pro TEN, As the Gaze be- shall sign all certificate
stock ued by this Association; and officer, Director
eholder unless thereto specially authorized by mao
preence contract engagement in behalf of the ASS
nd alton.
nd seer Minutes DO kept by the Cashier Of tho proce
OF the Board of Directors which minutes when arpro
by the Board of Directors, shall be 81 med by the President
ARTICLE VIII.
Sect. l. The Board OF Directors may, time prov
;54 modification alteration, addition the Articles oil
Stockholders in and form provided the Act
which the Association organized bG there shall
OF increase of capital without the of tw9ihir
Stockholders in amount.
IN, ARTICLE TX.
SEcr The seal TO be used this Association shall be
u, ARTICLE X.
do SECT l. The liquidation of the Association in of d
elected by the Board Directors aud who shall
all the powers and unc necessary for the
and liquidation of the affairs of the mS20 Law
lS3 ARD OlL-25O Iner s,rsue1, IGi
do IL BY JOSEPH Lands X CO,
my2T SO Tchoupitnulss sire
IS EMONs AND oRANGES-t45 boxes Can