New Orleans daily crescent., 1857-07-27

10 " - ist III Of nn"Semoet n"oe.nhsl
iS iS :: # # E f $sss.sy: Sspsssy; ISIS.
119 istofi March, :.
afe @ should any subscriber neglect refuse thirty days
or ct + ssy % his ill.,
81 ys ?Sss " 70 ss5s pss I'D
,s OF esh nj Per G cent Per annnn from the
That in case of the death the Unite
ms sos o eshs b pr I
if not paid at the expiration of that time advertised and
Dire Rseeors tor a sha or may appoint And the Cashier
SECT The Association shall commence on the first day Of
and Fifty Seven and shall terminate the Thrieh day
ARTICLE II.
SET All the powers Of ,he Association shall be exercised
s each of whom shall own nnd so a
ZINES in his own name and right at least shares of the
SECT The undsrsigned Associates hereby unanimously
choose A.? zHSHakiE zapSp2p. Ri following
$SHS 4 SS$sEBS w {S2F5F sSPdS
GhSs; e. q W6kisSs, d nlx SHEo HqEoGAlSEs, A. Ms;,,r1
the first Board of Directors of the Association and thew
elected Directors of the Association shall have and exercise
posed Directors Shall at ali tines exer
er eas until their
SECT The Board OF Directors hereby appointed and their
ociaon majority in number Of all the Directors for the
r a s any ehes snee es
or agents which the business of the Association may require
es Such majority are hereby authorized at any
% move from ofee sneh President Cashier other officers
ers in their stead and such may, from time time
of the Association bod and to
their officers and agents. any or either of them they
woke And such majority shall have power pre-
scribe all such for the government of the Board hi
AsoSaon ITS oheers clerks and agents as they may deem
and rc aeh to sT M T s epeS m at
sufficient the transaction the Of the
Association and the majority Of the Directors constituting
Of majority Of ali the Dectorsproyded hat
number Of votes for granting loans and
shall be determined by the Laws and President, Dec
ever be allowed loan d'conntby the Association
ARTICLE ILL.,
SECT The Board of Directors Of the funds of the
may h dssss ana pay f ufh , dvasnds ,sy eeq
soekhode1s their authorized Attorneys which dividends
SANE daily newspapers printed and publ Shed the city
ARTICLE ".
SECT The Board of Directors may invest portions
the funds of the association they may deem expedent
aud transfer deposit with the Auditor proper
9.s SssF % ws s S ,y OF r. any m @ of such
notes which they may receive, TO circulate as money;
be kep for the registry and transfer Of The Shares Of Capital
stock OF the Association which
holders shall be recorded and every transfer valid shall
be e the books of the Association shall signed by
and taken expressly subject all the spun
tons contained in these Articles and of the law under which
SECT B. The Board of close the
require but not longer than days any time,
ARTICLE V.
SECT The first election of Directors Of the Association
shall held Monday in January in the wear
One Thousand Eight Hundred Fifty Nine aud hereafter
place he city Of New orleans as the Board Of m rsoior t "
hn M also @ ppS ST S pp0RI % esdn s@ designate" The Board
SECT Notice Of elections Of Directors shall be published in
least three times week for two successive weeks Immediately
SECT. All elections the Association shall
be by ballot and shall be conducted b til inspectors
each share stock and held by him
ess for % a al sS ] 1" GH % nTo sSa %
persons WHO shall have the greatest number of votes SHALL
s.cT The failure for any elect Directors any
day wheeon such election should he had held spe
Cihel appointed, shall Dissolve the Association bu il
shall e the duty Of the Board Of Directors notify cause
such election be held sixty days after The day herein
SECT D The Directors thus elected shall as soon rs prac
ballot, one Of their President Of the Asaociaion II
the Ass9cton he Shall thereby yscae his place such D
a" prov provided % for By I section S SIX of this Article
nppy S 15a Gi hat Sy ca ha IN ayG @ @ BY %
or otherwise and the appointed
person or persons in whose place places they shall
appointed, would have held the same.
ARTICLE VI.
SECT The President of the Association for the time being
shall preside ut meeting Of he Board Directors
which he shall be He shall have charge
of the Cashier of all
Blank Notes intended for signature, until authorized by the
board of Directors to be issued and signed by him.
SECT In OF the absence inability of the President
from any cause to act a President the Board elect Chair
man o PRESIDENT Ht VIII perform the dues of
President until such inability shall cease until
dent shall be appointed.
SECT 3. The Cashier together with President Presi-
tent PRO Ten" AS the ca-e be- shall all hcaes Of
stock is the Association which ap
proved and couiAsiuged by Directors and officer,
Director Sha ehoder unless thereto specially authorized
by majority in number Of The then existing Board Direct
Ors shall under preence,
halt Of the Association.
SECT Minutes shall be kept by the Cashier Of The proceed
gh OF the Board OF Directors which when
by the Board of Directors shall by the President
ARTICLE VII.
SECT The Board OF Directors may time propose
any modihraiion alteration, addition the Articles
khode in and form provided by
which the Association is organized
any increase Of capital without the thirds
in
ARTICLE VII.
SECT. l. The seal to be Association shall be-
ARTICLE TX.
SECT l. The liquidation of the of the Association
seo dissolution, shall be three Commissioners,
elected by ihc last Board of Directors wO shall
' the and func necessary the
ient and liquidation of tho affairs of thesnme t2i
'VWIBILL ~ AITkEN, GAS FILTERS, No. 70 ST.
Charles street, New Orleans, keep constantly hand a
of Chandeliers, Pendants, Brackets Pillars
Pipe, and Fittings of all kinds
a large assortment of Parlor and Cooking STOVES and
CRATES
Also, Patent Portable Apparatus gas from rosn
which they invite the attention of Sugar Planters