New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-01

70 1 1s,1, Of Of T Tssq,my;
should 70 h S
nsamenis hereby 5 shares
SssA ss ha S ss
orea subject the unpaid nstal en and interest at the
rate of eight per per from the time that such in
until time Of such public sale r.
States any subscriber The time shall be extended six
onth subject the aforesaid interest Of eight cent and
s2ld provided such @nstonee board q
he and
fer ANY any stock rs thus sold ~. erst a,v ot
oe,oSsE the LORD one Thousand Esh, Hundred
ana ~ day
ARTICLE II.
On The ankn sn M
nec,ed herewith in the manner and form prescribed BY the
By such as ha be
carry on such such additional power or which assoea
tons formed under said Act hereafter be- su
thorized by law to exercise.
ARTICLE III.
SECT All the powers shall exercised
and it's business be conducted by Board
times in his name and right at least ten shares of the
sEoT The undersigned, Associates hereby unanimously
choose and appoint 1he following persons t9Tt;
$ S2$s $S#S F5ssrrs \ { s${PsS
HaRSs;n !; bf HSsi S:SSS:r$SiSEs,
to be the first Board of Directors of the Association and they
as well as those Pc who at time hereafter shall
all powers and discharge all duties herein conferred and i'm
e nf t
ors shall be elected as hereinafter S,n provided
@s To- all Ss sae hs
o shall s;o appoint G cshs and other
and from time time fix and determine their respective saa
Te SHs mater nsH a" s
clerks or agents at and to appoint l or substitute 9TH
comm delegate such power r.sacng ordinary
of the Association to committees Of their own body and to
deem Ped nd sgh s at nam a5 and
scribe all such for the Of the Board Of p
and for the regulation conducting the Of the
expedent not with law with
aHS r c msy Of The fs e e s S shall
be sufficient for the transaction of the business of the
quorum shall decide all subjects which do under the
pr or All the
the number of votes necessary for granting loans and
tor Cashier or any other officer this shall
ever be allowed any loan or di.coun'.
l. The Board of Directors of the funds OF the Asso
citation shall dsfray all its and twice in
ent and lawful ont of the profits of is business to me
shall he published within days after declaring the
in daily newspapers printed and publ shed in the city
ARTICLE V.
sEcrl The Board may such portions
the funds of the Association they may deem expeGent in
and transfer to- deposit with the Auditor other proper
ses which they may see it, to- the payment Of the
notes which they may receive to circulate as money
for The registry and transfer Of the shares Of Capital
stock of the Association and in which The names OF The s
holders shall be recorded and transfer TO be valid shall
be made the books of the Association and shall be signed by
and taken expressly subject stpnla
tons contained in these Articles and of the law under which
sEcT he Board Directors slos the transfer books
from time to time the convenience Of the Association may
require but not longer than ten days one time.
ARTICLE VI.
l. The first election of Directors of the Association
ons rSos4nd Eg and and
such place in Tie city Of New orleans The Board rsetors
2g nI sha nPGR The
SECT All elections for Directors Of the Association shall
shareholder shall be entitled, directly ny proxy voc
name legal representative
for at least three months prior to the election and the twelve
shall have the greatest number of votes shall
stitue the Board of Directors.
day whercon such election should be bad held as herein pG
cded or appointed shall not disspxe the Association but
such election b, held with sixty days after the day herer
SECT 5 The Directors thus elected SHALL pracs
cable after their election proceed to organize and elect BY
of failure absence from the State of Louisiana fo
three mOn m bd Of the Bons AMY ss
and his place such Director shall be supplied by thu
g. Ths Of have po%el BY
to supply vacancy that occur in their Board by death
by majority in number the Board Of Directors
being shall hold the place places for the that tn
in whose place places he they shall b.
appointed would have held the same.
ARTICLE VII.
SECT The President of the Association for the time being
sa Presds at every meeting Of hs Board OF d @
of the Cashier and of all officers Of the Association also of tn
intended signature, until authorized by thu
Board of Directors 10 be and signed BY him;
In the absence inability of the President
from any cause President may
President pro with perform the duties
President until such inability shall cease, until fresi
dent sha be appoined.
dent pro tenn the be- shall sign all Ger hcntes
stock ued by this Association and officer Director
in OF the existing Board of Directors shall unde
pretence contract engagement in behalf OF the Assoc
| alton.
SECT Minutes kept by Cashier of the proceed
ings of Directors which minutes when approve
by the Board of Directors shall be ned by the President
ARTICLE VII.
The Board of Directors may any time, propos
modification alteration addition the Articles oil
citation such proposition be submitted to the vote OF til
which the Association is organized but there shall
increase Of capital without the of woths of til
| Stockholders amount.
ARTICLE TX.
SECT The seal TO be used this Association shall be
| ARTICLE Y.
The liquidation of Association of disc
elected by The last Board of Directors aud who shall exerc
all the corporate and tunc necessary for the set
and liquidation Of the affairs of the my2O lawlt
l. Charles New Orleans, keen constantly hand
large of Chandeliers, Pendants Brackets, Pla
Pipe, and Fittings of all kinds.
CRATES - ANN ''' 0'"'s A' "D
Also Patent Portable Apparatus gas ros
to which they invite the attention Of Sugar Planters e2O en-
&C. BOARDING-TllE LARGE AND ELEGAN
| At1i; house known the u ESBAN VERANDAH,
AIl Camp street No. 3l2 is now open for the reception