New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-08
MISCELLANEOUS.
ORGANIzATIgn OF THE MISSISSIPPI

ORGANIzAIIgM OF THE MISSISSIPPI
sxsSM III stS. 81 THESE PRESENTS, Th.. We, xs:
s as
iat
% # S.1ss s e. Sn Mobile
and C '
aid @ s f. s for the
Of building and ns
son pp Bay
CO. Ts s sa Sopasy ssa have President whom
citation may az be served -, ,,.,,,... ,.u
4
at as gesr fes S
three months there fer for each every q siecE
AT the lime Of making The first payment the subscribers shall
execute their poies for the other payments payable at the
Aer he Of Fifty Thousand Dollars is subscribed
p The e rsaor BE Ct b e Se BY
construction gs Of hs boat are paid .nnrsv
Monday Of December each ballot The three stock
holders having the geses' o yGe Shall be The D
q tSeir number Presde who shall year The first
the directors and President then elected shall
fncase Of failure 10 hold day designated
as The President and Directors in Office shall hold
after due notice thereof weeks previous to the being
in the in the
be signed BY two Of the Stockholders.
any general meeting Of the Stockholders.
AT & That, on the expiration Of the @ years for
twohrds Of The majority shall
s q sa s
M III the
sseorains heir amounts stocf And this
the said general qudaor is hereby charged with the
Art g. The said corporation shall have seal of Office which
materials repairs of their boats the said seal shall be
with the of the Company and the figure OF
Art. That the Stockholders general meeting shall pass
the interests and Of the which
bS mp o Oh the
Art g. and Directors shall be, and they
boat Win iron hull low engine and
sn 70 and os aS
finished to he builders money as may lie due them
Gs' sla
Of the q at maturity Of h
credit sell the said boat 70! cash. condition that the said
unpaid portion Of the price be employed in the which
shall have the right nominate the
boat to said Trustees who shall have the right to rsee,
selves w. '' y pp''' s''' e"p'Nl' . eeiA 'A''u'
OF The rompans and shall be Of New orleans e''
After paying the of The boat all her earnings until
P9ad Rss ps Res
the
the builders the boat others may
h ss ns oas for
the builders others whom the credit pcr
secured by deed to trustees aforesaid all
which bonds shall be signed by the President unde
resolutions Of the Board OF Directors
The Board Of Directors shall appoint for said boat
minute of all proceedings and make annua
submitted the meeting on first Monday
sy as . ea sa
be declared which shall be paid TO the s3ckhoders
the entire Of the beat and attend all dsbnre
prosecution of the business Of the Company.
Art g. That time they deem tt necessary any FIVE
Stockholders have general meeting of Stakeholder
S Thy e e as ss h
given the Stockholders by letters addressed them thei
called same These notices must signed by til
Stockholders calling the and at snch general meeting
and on all the stockholders-two thirds
stock Of the companyremove Pres
place places for their unexpred term or terms
Art 10 When insalment for Stock subscribed pal
punctuay when due the Directors the subscriber
the amounts due their option after giving h
ee the Dto h h
forfeited as well as the amount he may have paid on his Stock
ected said defautng stakeholder subscriber the
urno execution mo oGefrts found" by the Sheriff. the
the Company Stock Book and shall issue after the
held by each Stakeholder and the value of the
tho p s and bs rr o h
ransferee OF Stock stall be liable to the
We the subscribers hereto the Stockholders
e of the said corporation for the number of Shares and
the amounts opposite our respective names.
THE UNDERSIGNED. Recorder of Mortgages for IL
Charter was Ills day recorded IL BOOK ses roe 81
49, 1872, 1913, isi and 1876 in his eff; SIiee ,-rr no
New Orleans, Dec. 20, 1856